Amazon acquire Lovefilm

After being the major shareholder since 2008, Amazon have apparently bought out the remaining shares in a deal thought to value Lovefilm at £312 million.

See Techcrunch Post for more details

I imagine this is part of a content play for Europe in preparation for the rumoured Amazon Android tablet along with their App store which I expect will ultimately become something akin to iTunes.

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2 Comments on “Amazon acquire Lovefilm”

  1. […] I mentioned previously, following the complete acquisition of Lovefilm, Amazon looks to be on the start of a major […]

  2. […] Netflix start to strengthen their catalogue with more studio deals. Meanwhile Lovefilm’s new owner, Amazon, will be sure to strengthen their streaming business in light of the Kindle Fire […]


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