Top
10°

Amazon agrees to buy UK movie streaming and rental service Lovefilm

Engadget: Amazon has just announced it has agreed terms to buy up all the remaining shares of Lovefilm it didn't already own. The British outfit operates a subscription-based movie rental and streaming service in its home market along with Germany, Denmark, Sweden and Norway, and should give Amazon a very solid base from which to build its presumably Netflix-besting ambitions.

Read Full Story >>
engadget.com
The story is too old to be commented.