UK: Online DVD rental firms to merge

Online DVD rental firms Lovefilm and Video Island agreed to merge today to bulk up against US competitors and defend their 17% share of the UK market.

UK: Online DVD rental firms to merge

Online DVD rental firms Lovefilm and Video Island agreed to merge today to bulk up against US competitors and defend their 17% share of the UK market.

The tie-up will create a company that ships two million DVDs to more than 500,000 subscribers in the UK every month and has a strong footprint across Sweden, Denmark and Norway.

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