SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------------------------------------- SCHEDULE 13D (Amendment No. 5) Under the Securities Exchange Act of 1934 DISCOVERY ZONE, INC. (Name of Issuer) Common Stock, Par Value $.01 Per Share (Title of Class of Securities) 25468B 10 7 (CUSIP Number) Philippe P. Dauman, Esq. Viacom Inc. 1515 Broadway New York, NY 10036 Telephone: (212) 258-6139 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: Stephen R. Volk, Esq. Shearman & Sterling 599 Lexington Avenue New York, NY 10022 Telephone: (212) 848-4000 November 16, 1994 (Date of Event which Requires Filing of this Statement) ======================================== If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|. Check the following box if a fee is being paid with this statement |_|. 1 CUSIP No. 25468B 10 7 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person BLOCKBUSTER DISCOVERY INVESTMENT, INC. ------------------------------------------------------------------------- I.R.S. Identification No. 65-0403677 ------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) |_| (a)---------------------------------------------------------------------- |_| (b)---------------------------------------------------------------------- (3) SEC Use Only---------------------------------------------------------- ---------------------------------------------------------------------- (4) Sources of Funds (See Instructions)----------------------------------- ---------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).---------------------------------------------------------- (6) Citizenship or Place of Organization Delaware --------------------------------- Number of (7) Sole Voting Power--------------------------------------------- Shares -------------------------------------------------------------- Beneficially (8) Shared Voting Power 26,651,644 ------------------------------------------- Owned by -------------------------------------------------------------- Each (9) Sole Dispositive Power---------------------------------------- Reporting -------------------------------------------------------------- Person (10) Shared Dispositive Power 26,651,644 -------------------------------------- With (11) Aggregate Amount Beneficially Owned by Each Reporting Person 26,651,664 ------------- -------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11)------------------------ 49.9% -------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO ------------------------------- -------------------------------------------------------------------------- 2 CUSIP No. 25468B 10 7 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person BLOCKBUSTER AMUSEMENT HOLDING CORPORATION ---------------------------------------------------------------------- I.R.S. Identification No. 65-0403679 ---------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) |_| (a)------------------------------------------------------------------- |_| (b)------------------------------------------------------------------- (3) SEC Use Only---------------------------------------------------------- ---------------------------------------------------------------------- (4) Sources of Funds (See Instructions)----------------------------------- ---------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).--------------------------------------------------------- (6) Citizenship or Place of Organization Delaware ---------------------------------- ---------------------------------------------------------------------- Number of (7) Sole Voting Power------------------------------------------- Shares ---------------------------------------------------------------- Beneficially (8) Shared Voting Power 26,651,644 Owned by ----------------------------------------- ---------------------------------------------------------------- Each (9) Sole Dispositive Power-------------------------------------- Reporting ---------------------------------------------------------------- Person (10) Shared Dispositive Power 26,651,644 With ----------------------------------- ---------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person---------- 26,651,644 ---------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)--------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) ------------------------- 49.9% ---------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO --------------------------- ---------------------------------------------------------------------- 3 CUSIP No. 25468B 10 7 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person VIACOM INC. ---------------------------------------------------------------------- I.R.S. Identification No. 04-2949533 ---------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) |_| (a)------------------------------------------------------------------- |_| (b)------------------------------------------------------------------- --------------------------------------------------------------------- (3) SEC Use Only---------------------------------------------------------- ---------------------------------------------------------------------- (4) Sources of Funds (See Instructions)----------------------------------- ---------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).--------------------------------------------------------- (6) Citizenship or Place of Organization Delaware ---------------------------------- ---------------------------------------------------------------------- Number of (7) Sole Voting Power------------------------------------------- Shares ----------------------------------------------------------------- Beneficially (8) Shared Voting Power 26,651,644 Owned by ----------------------------------------- ----------------------------------------------------------------- Each (9) Sole Dispositive Power-------------------------------------- ----------------------------------------------------------------- Reporting Person (10) Shared Dispositive Power 26,651,644 With ------------------------------------ ----------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person---------- 26,651,644 ---------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)--------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11)-------------------- 49.9% ---------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO --------------------------- ---------------------------------------------------------------------- 4 CUSIP No. 25468B 10 7 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person SUMNER M. REDSTONE ---------------------------------------------------------------------- S.S. No. ---------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) |_| (a)------------------------------------------------------------------- |_| (b)------------------------------------------------------------------- ---------------------------------------------------------------------- (3) SEC Use Only---------------------------------------------------------- ---------------------------------------------------------------------- (4) Sources of Funds (See Instructions)----------------------------------- ---------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).--------------------------------------------------------- (6) Citizenship or Place of Organization United States ---------------------------------- ---------------------------------------------------------------------- Number of (7) Sole Voting Power----------------------------------------- Shares --------------------------------------------------------------- Beneficially (8) Shared Voting Power 26,651,644 Owned by --------------------------------------- --------------------------------------------------------------- Each (9) Sole Dispositive Power------------------------------------ Reporting --------------------------------------------------------------- Person (10) Shared Dispositive Power 26,651,644 With ---------------------------------- --------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person---------- 26,651,644 ---------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)--------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11)-------------------- 49.9% ---------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN --------------------------- 5 This Amendment No. 5 amends the Statement on Schedule 13D filed with the Securities and Exchange Commission on June 3, 1993, as amended by Sumner M. Redstone, Viacom Inc. ("Viacom") , Blockbuster Amusement Holding Corporation, and Blockbuster Discovery Investment, Inc. (the "Statement"). This Amendment No. 5 is filed with respect to the shares of common stock, par value $.01 per share (the "Common Stock"), of Discovery Zone, Inc. (the "Issuer"), a Delaware corporation, with its principal offices located at 205 North Michigan Avenue, Chicago, Illinois 60601. Capitalized terms used but not defined herein have the meanings assigned to such terms in the Statement. Item 2. Identity and Background. ------------------------ Item 2 is hereby amended and supplemented to reflect changes in the directors and executive officers of Viacom Inc. as set forth on Schedule I attached hereto. Schedule I sets forth the following information with respect to each such person: (i) name; (ii) business address (or residence address where indicated); and (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted. All of the directors and executive officers of Viacom are citizens of the United States. During the last five years, neither Viacom nor any person named in Schedule I attached hereto (including Mr. Redstone) has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 4. Purpose of the Transaction. --------------------------- Item 4 is hereby amended and supplemented as follows: 6 On November 16, 1994, the Issuer increased the size of its Board of Directors (the "Issuer Board") by two directors by electing Steven R. Berrard and George D. Johnson, Jr., each of whom are directors of Viacom. There are currently 9 directors of the Issuer; 3 directors of the Issuer are directors of Viacom. Item 7. Material to Be Filed as Exhibits. --------------------------------- 99.1 Press release issued by Discovery Zone, Inc. on November 22, 1994. 7 Schedule I Executive Officers Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - ---- ----------------- -------------------- ------------------------ Sumner M. Redstone* Viacom Inc. Chairman of the Board National Amusements, Inc. 1515 Broadway of Viacom; Chairman 200 Elm Street New York, NY 10036 of the Board and Dedham, MA 02026 President, Chief Executive Officer of National Amusements, Inc. Frank J. Biondi, Jr.* Viacom International Inc. President, Chief Viacom International Inc. 1515 Broadway Executive Officer 1515 Broadway New York, NY 10036 of Viacom New York, NY 10036 Vaughn A. Clarke Viacom International Inc. Sr. VP, Treasurer of Viacom International Inc. 1515 Broadway Viacom 1515 Broadway New York, NY 10036 New York, NY 10036 Philippe P. Dauman* Viacom International Inc. Executive VP, General Viacom International Inc. 1515 Broadway Counsel, Chief 1515 Broadway New York, NY 10036 Administrative Officer New York, NY 10036 and Secretary of Viacom Thomas E. Dooley Viacom International Inc. Executive VP, Finance, Viacom International Inc. 1515 Broadway Corporate Development and 1515 Broadway New York, NY 10036 Communications of Viacom New York, NY 10036 Carl D. Folta Viacom International Inc. Sr. VP, Corporate Viacom International Inc. 1515 Broadway Relations of Viacom 1515 Broadway New York, NY 10036 New York, NY 10036 Michael D. Fricklas Viacom International Inc. Sr. VP, Deputy General Viacom International Inc. 1515 Broadway Counsel of Viacom 1515 Broadway New York, NY 10036 New York, NY 10036 Rudolph L. Hertlein Viacom International Inc. Sr. VP of Viacom Viacom International Inc. 1515 Broadway 1515 Broadway New York, NY 10036 New York, NY 10036 Edward D. Horowitz Viacom International Inc. Sr. VP, Technology of Viacom International Inc. 1515 Broadway Viacom; Chairman, Chief 1515 Broadway New York, NY 10036 Executive Officer New York, NY 10036 of New Media and Interactive Television Kevin C. Lavan Viacom International Inc. Sr. VP, Controller and Viacom International Inc. 1515 Broadway Chief Accounting Officer 1515 Broadway New York, NY 10036 of Viacom New York, NY 10036 - -------------------------- * Also a Director 8 Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - ---- ----------------- -------------------- ------------------------ Henry Leingang Viacom International Inc. Sr. VP, Chief Information Viacom International 1515 Broadway Officer of Viacom Inc. New York, NY 10036 1515 Broadway New York, NY 10036 William A. Roskin Viacom International Inc. Sr. VP, Human Resources Viacom International 1515 Broadway and Administration of Inc. New York, NY 10036 Viacom 1515 Broadway New York, NY 10036 George S. Smith, Jr. Viacom International Inc. Sr. VP, Chief Financial Viacom International 1515 Broadway Officer of Viacom Inc. New York, NY 10036 1515 Broadway New York, NY 10036 Mark M. Weinstein Viacom International Inc. Sr. VP, Government Viacom International 1515 Broadway Affairs of Viacom Inc. New York, NY 10036 1515 Broadway New York, NY 10036 DIRECTORS --------- Steven R. Berrard Blockbuster Entertainment President and Chief Blockbuster Group Executive Officer Entertainment One Blockbuster Plaza of the Blockbuster Group Fort Lauderdale, FL Entertainment Group One Blockbuster Plaza 33301 Fort Lauderdale, FL 33301 William C. Ferguson NYNEX Corporation Chairman of the Board and NYNEX Corporation 335 Madison Avenue Chief Executive Officer of 335 Madison Avenue New York, NY 10017 NYNEX New York, NY 10017 H. Wayne Huizenga Blockbuster Entertainment Vice Chairman of Viacom Blockbuster Group Inc.; Chairman of the Entertainment One Blockbuster Plaza Board and Chief Group Fort Lauderdale, FL Executive Officer of One Blockbuster Plaza 33301 Blockbuster Entertainment Fort Lauderdale, FL Group; Chairman of the 33301 Board of Huizenga Holdings, Inc.; Chairman of the Board of Spelling Entertainment Group Inc. George D. Johnson, Jr. Blockbuster Entertainment President -- Domestic Blockbuster Group Consumer Division Entertainment One Blockbuster Plaza of the Blockbuster Group Fort Lauderdale, FL Entertainment Group One Blockbuster Plaza 33301 Fort Lauderdale, FL 33301 Ken Miller C.S. First Boston Vice Chairman of C.S. C.S. First Boston Park Avenue Plaza First Boston Park Avenue Plaza 55 East 52nd Street 55 East 52nd Street New York, NY 10055 New York, NY 10055 Brent D. Redstone 31270 Eagle Crest Lane Self-Employed Evergreen, CO 80439 [Residence] Shari Redstone National Amusements, Inc. Executive Vice President National Amusements, 200 Elm Street of National Amusements, Inc. Dedham, MA 02026 Inc. 200 Elm Street Dedham, MA 02026 Frederic V. Salerno NYNEX Corporation Vice Chairman--Finance NYNEX Corporation 335 Madison Avenue and Business 335 Madison Avenue New York, NY 10017 Development of NYNEX New York, NY 10017 William Schwartz Yeshiva University VP for Academic Affairs Yeshiva University 2495 Amsterdam Avenue (chief academic officer) 2495 Amsterdam Avenue New York, NY 10033 of Yeshiva University New York, NY 10033 9 Signature - --------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this Statement is true, complete and correct. December 12, 1994 BLOCKBUSTER DISCOVERY INVESTMENT, INC. By /s/ Thomas W. Hawkins --------------------------------- Name: Thomas W. Hawkins Title:Executive Vice President, General Counsel and Secretary 10 Signature - --------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this Statement is true, complete and correct. December 12, 1994 BLOCKBUSTER AMUSEMENT HOLDING CORPORATION By /s/ Thomas W. Hawkins -------------------------------- Name: Thomas W. Hawkins Title:Executive Vice President, General Counsel and Secretary 11 Signature - --------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this Statement is true, complete and correct. December 12, 1994 VIACOM INC. By /s/ Philippe P. Dauman -------------------------------- Name: Philippe P. Dauman Title: Executive Vice President, General Counsel, Chief Administrative Officer and Secretary 12 Signature - --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. December 12, 1994 * ----------------------------------- Sumner M. Redstone, Individually *By /s/ Philippe P. Dauman ----------------------------------- Philippe P. Dauman Attorney-in-Fact under the Limited Power of Attorney filed as Exhibit 99.2 to the Statement, Amendment No. 4. 13 Exhibit Index Exhibit No. Description Page No. - ----------- ----------- -------- 99.1 Press release issued by Discovery Zone, Inc. on November 22, 1994. 14