Amazon kills its European DVD rental biz, Lovefilm

Amazon is getting out of the DVD rental business with the closure of Lovefilm, the so-called “Netflix of Europe” that Amazon bought in 2011¬†for a reported $312 million valuation. The company, which operates in the U.K. and Germany, is a subscription service that lets consumers rent DVDs that are sent out by mail – similar … Continue reading Amazon kills its European DVD rental biz, Lovefilm