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admin
Site Admin
Joined: 09 May 2004
Posts: 137
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 Posted: Fri Jul 22, 2005 1:39 pm Post subject: LoveFilm has bought stake in Sweedish DVD Rental Company |
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Lovefilm now bought a stake in swedish company, and now lovefilm looking to expand more then just the UK.
| Quote: | Arts Alliance Media (AAM), the owner of LoveFilm has taken a controlling stake in Swedish on-line DVD rental company, Boxman.
The group claims the buy makes AAM the first player in the market to expand its reach internationally. It plans to use Boxman as a base for further Scandinavian expansion.
Launched in 2003, Boxman is the second largest online rental DVD rental company in Sweden, with more than 14,000 subscribers.
“The deal with Boxman is a logical step in our plans to expand our reach outside the UK,” said Howard Kiedaisch, chief financial officer, Arts Alliance Media.
“With this deal, we will become the largest on-line rental service available, with a firm international footprint in Europe.”
Following the deal, Boxman will retain its own brand and employees, as well as its key partners, including TV 4, Phillips, Aftonbladet and Tradera. |
netimperative.com/2005/07/22/LoveFilm_Swedish/ |
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doblersdream
Joined: 26 May 2005
Posts: 77
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| Posted: Mon Jul 25, 2005 9:52 am Post subject: |
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| Pity we couldn't warn the 14,000 unlucky swedes.... |
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Jiltz
Joined: 20 Apr 2005
Posts: 164
Location: UK
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| Posted: Mon Jul 25, 2005 5:44 pm Post subject: |
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Just in case anyone from Sweden reads this forum.
Lovefilm är den värst hyra sällskap.
De er lura.
Undvika dem.
(Lovefilm are the worst rental company. They are cheats. Avoid them.)
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