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LoveFilm merges with Amazon's DVD rentals

Mike Butcher

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Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Thursday, April 17th, 2008
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In an expected move, the UK’s Office of Fair Trading has greenlighted the merger of LoveFilm and Amazon’s UK rental operations, giving the merged entity control of about 90% of the online DVD market. It also bring in the and German DVD business. The OFT said LoveFilm had no incentive to degrade its service as there is plenty of competition in the video market, especially from emerging online sources. The site also offer a fast-growing film download service. (Release). The deal is a good one of for LoveFilm’s investor’s TAG, Arts Alliance Media, Balderton, DFJ Esprit and Index Ventures.

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  • http://www.techfruit.com Tim-TechFruit

    “It also bring in the and German DVD business.”
    - any chance of an English translation?

  • http://www.gadgetsift.co.uk Neil

    Nice to see regulation in the UK is up to it’s usual non-existent standard, you would think one company having 90% of the market would be considered somewhat anti-competitive, apparently not.

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