|
|
| Author |
Message |
admin
Site Admin
Joined: 09 May 2004
Posts: 137
|
 Posted: Mon Jun 27, 2005 1:36 pm Post subject: Videoisland buys DVDs365 |
 |
|
DVDs365 as film_dude said a week ago have been bought buy videoisland. This should help screenselect/videoisland become a very big player in market. Will probably cause a few more mergers or takeovers of smaller companies.
| Quote: | Online DVD rental service Video Island has bought rival DVDs365 for an undisclosed sum.
The deal will also see Video Island gain control of DVDs365’s sister brands, Mailbox Movies, QFlicks and Movietrak, which DVDs365 has acquired over the last two years.
Customers using DVDs365 services will soon be able to access Video Island’s library of more than 33,000 titles, along with its movie news-feeds and Radio Times reviews.
Bill Dobbie, founder and managing director of DVDs365, will join Video Island as an advisor to the Board.
Saul Klein, CEO of Video Island said: “Combining DVDs365’s expertise with Video Island’s unrivalled financial backing, innovative partnership strategy and position in the market, creates a uniquely strong independent player.”
Earlier this month, Video Island secured an additional £5m of funding to bring the total raised to date to £15m. The firm said it will use the funds to to expand its DVD library and to support growth and market reach. |
netimperative.com/2005/06/27/Video_Island_buys_DVDs365 |
|
| Back to top |
|
 |
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
