This content is from:APP亚博娱乐

Amazon Eyes £200M Lovefilm Deal

Online retailer, Amazon, is planning to buy the remaining 42% stake it does not own in European movie rental service, Lovefilm.

    Online retailer,Amazon,is planning to buy the remaining 42% stake it does not own in European movie rental service,Lovefilm,The Telegraphreports. The transaction will value the movie rental site at around £200 million.

    Amazon merged its DVD rental businesses in the U.K. and Germany with Lovefilm in 2008. European venture capital firms,Arts Alliance Media,Balderton Capital,DFJ EspritandIndex Ventures, are the other investors in Lovefilm.

    Click here for the story fromThe Telegraph.

    Click here for additional coverage fromHerald Sun.

    Related Content