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Lovefilm founder and COO William Reeve tells us why he wouldn’t recommend the company’s movie downloading service to his friends.
He explains how the DVD rental company got through last month’s postal strikes and why it’s not the right time for its highly popular service to go mobile.
And he gives us a few thoughts on the subject of Hackathons, having recently brought over the brainstorming concept from the US.
Is there any future for DVD rental companies? Yet another UK firm, ChoicesUK, is about to call in the administrators, having previously complained about the threat of piracy in the entertainment industry, along with ‘unseasonably hot weather’.
While piracy may have played a role in the company’s demise, it is more likely that it has been ground down by pureplay online DVD rental firms, including one operated by mighty Amazon, which launched its service in late-2004. For starters, online DVD rental pureplays have much lower overheads than ChoicesUK, which seems to have been strangled by the costs of maintaining 170 shops and 1,800 employees.
But hold on. I’m starting to wonder whether the pureplays themselves will last the distance, in the face of changing consumer behaviour.
LOVEFiLM International Ltd and Video Island Inc, the owner of ScreenSelect.co.uk, today announce their intention to merge and create Europe’s leading web-based home entertainment subscription service.
The deal, a 50-50 merger, will give the combined group more than 400,000 subscribers and a strong...
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Mobile specialist The Bigger Picture pens an operating contract with Amazon to provide the world’s first purchase and rental Mobile WAP DVD store.
• The Bigger Picture ( thebiggerpicture.tv ) has signed an operating contract with Amazon to provide the world’s first purchase and rental mobile DVD...
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First online DVD business to offer cinema bookings
London, 25 January 2006: ScreenSelect.co.uk, the consumer brand of Video Island, today announced that it is bringing cinema and DVD closer together by offering its members a cinema booking service through existing partner Vue Cinemas. ScreenSelect.co.uk...
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*** Simon Calver to spearhead new era of expansion for Video Island ***
London, 12. July 2005: Video Island, Europe’s leading online DVD rental business, today announced the appointment of a new CEO, Simon Calver. Simon replaces current CEO and co-founder, Saul Klein, who will work directly with...
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*** New funding takes total raised by online DVD rental business to over £15 million ***
London, 13 June 2005: Today, Video Island announced that it has raised a further £5 million from EVP, Europe’s leading venture debt provider, adding to the £10 million it has raised to date. This funding takes...
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Online DVD rental market, one of the fastest growing e-commerce sectors ever
64% of subscribers no longer rent from the high street
London, 8 February 2005: Video Island, the UK’s largest independent online DVD rental company, today announced figures, which underline the already massive impact...
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EIFF is delighted to announce that LOVFiLM is to join the UK Film Council in sponsoring the prestigious Michael Powell Award for Best British Feature at the 2004 Edinburgh International Film Festival.
Michael Powell was one of Britain’s most original filmmakers, with a career spanning sixty years...
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