LOVEFiLM to Take Over Amazon DVD Business
LOVEFiLM to Take Over Amazon DVD Business
Online retailer Amazon.com Inc. and DVD rental subscription company LOVEFiLM International said Monday that LOVEFiLM will acquire Amazon Europe’s DVD rental business in the U.K. and Germany.
As part of the transaction, Amazon Europe will also make a cash investment and become the largest shareholder in LOVEFiLM International Ltd. Amazon Europe will also promote LOVEFiLM on its sites for British and German customers.












