Amazon Acquires “Netflix Of Europe” Company

Recently has acquired LOVEFiLM International Limited. LOVEFiLM is known as the Netflix of Europe where people across the continent to rent movies and games through the mail or stream movies on demand. LOVEFiLM streaming movies work on Internet-enabled TVs and the PlayStation 3. This acquisition gives a stronger presence abroad.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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