Amazon agrees to buy out LoveFilm

Amazon has agreed to buy full control of the online DVD rental and movie streaming website LoveFilm.

Amazon agrees to buy out LoveFilm

Amazon has agreed to buy full control of the online DVD rental and movie streaming website LoveFilm.

Reports suggest it could value the company at £200m.

LoveFilm was thought to be concerned about plans by US equivalent Netflix to break into Europe.

Amazon already owned a 42% stake in the company.

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