Amazon Buys Full Control of LoveFilm - Wall Street Journal

BY BEN ROONEY

Amazon.com Inc. said it has acquired the full control of LoveFilm International Ltd., a European DVD-by-mail rental service that is often described as the Netflix Inc. of Europe.

Amazon was already one of LoveFilm's largest shareholders, with about a 42% stake that it received after combining its own DVD-rental operations in Europe with the company in 2008. Thursday's deal valued LoveFilm at around ...