Amazon acquire LovefilmPosted: January 20, 2011 Filed under: Uncategorized | Tags: Amazon, Lovefilm, movies 2 Comments
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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