High street PC and video game spcialist Game Group has paid £74m for Blockbuster's video game retailing business, Gamestation. Daily Telegraph. The Independent

Gamestation has 217 outlets across the UK. The Gamestation concessions within Blockbuster video stores are not included in the sale and will drop the Gamestation brand before the end of June.

Game Group operates more than 400 stores across the UK, and a further 400 in Europe and Australia.

The video games market is worth nearly £3bn.