We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,821 News Articles

Amazon to buy share in Lovefilm

Website hands over its UK and German DVD service

Amazon has announced it is to buy a stake in film rental firm Lovefilm.

Under the terms of the deal, Amazon will hand over its UK and German DVD rental business in return for an estimated 30 percent stake in Lovefilm. The service, which offers delivers rented DVDs though your letterbox, will also be promoted on Amazon's European sites.

The deal, which has yet to be approved by regulatory bodies, could cause concern for competitors. Lovefilm already has a 70 percent share of the rental-by-post market, while Amazon's smaller share has continued to grow.


IDG UK Sites

Android One vs Android Silver vs Google Nexus: What is the difference?

IDG UK Sites

2014 Mac mini release date, specs, rumours: When's the new Mac mini coming out?

IDG UK Sites

Long live the internet fridge: the Internet of Things is coming

IDG UK Sites

How Prometheus' colourist Juan Ignacio Cabrera gave a tense, edgy feel to Chosen