AMAZON ACQUIRES REMAINING SHARES IN LOVEFILM
Wall Street Journal's Ben Rooney writes, for TechEurope, that LoveFilm is Europe’s leading DVD-by-post rental service.
'Amazon already had a significant shareholding in LoveFilm, reported to be around 42%. Unofficial reports put the cost of the deal at £200 million ($320 million).
The deal makes perfect sense for Amazon. The company has all the bases covered now: books with Kindle, retailing mp3s and now video-on-demand with LoveFilm. '
Actually, Amazon already has video-on-demand for U.S. customers. I've found that many aren't aware of that. This would allow Amazon to include much of Europe.
With the U.S. video-on-demand program -- if you don't rent a video but buy it, Amazon stores a copy in "Your Video Library" on its servers so that you can watch it online if you want, from wherever you are, or you can also download it for off-line viewing on Windows PCs using the Unbox Video Player. "Downloaded videos can be transferred to compatible portable video players so that you can watch your videos on the go." Something I didn't know. I also don't know the quality level of it vs getting a DVD or Blu-Ray disc. A bit more:
' In just over seven years, LoveFilm has become one of Europe’s largest entertainment subscription businesses with over 1.5 million subscribers across the U.K., Germany, Sweden, Norway and Denmark.
. . .
Investors in LoveFilm are a pretty good 'who’s who' of top European venture firms [and] include Balderton Capital, DFJ Esprit and Index Ventures. '
Read more at the WSJ article
This is not about a Kindle-feature, but many of us who read on Kindles (UK: K3)'s probably tend to be interested in Amazon's expansion into the product areas of films and streaming video as well, whether in the U.S. or Europe etc.
Kindle 3's (UK: Kindle 3's), DX Graphite
Check often: Temporarily-free late-listed non-classics or recently published ones
Guide to finding Free Kindle books and Sources. Top 100 free bestsellers.
UK-Only: recently published non-classics, bestsellers, or highest-rated ones
Also, UK customers should see the UK store's Top 100 free bestsellers. Below are ways to Share this post if you'd like others to see it.
-- The Send to Kindle button works well only on Firefox currently.
(Older posts have older Kindle model info. For latest models, see CURRENT KINDLES page. )
If interested, you can also follow my add'l blog-related news at Facebook and Twitter
Questions & feedback are welcome in the Comment areas (tho' spam is deleted). Thanks!