~RS~q~RS~~RS~z~RS~29~RS~)
Amazon buys Lovefilm DVD service
Amazon has agreed to buy online movie rental service Lovefilm.
The internet retailer already had a significant stake in the group - but London based Lovefilm says the deal would help the company improve its online services.
Lovefilm, which began as a pure DVD rental company in 2002, has more than 1.6 million subscribers with significant interests in Germany and Scandinavia.
Simon Morris is Lovefilm's chief marketing officer and he told the BBC he hoped the move would bring a period of ''accelerated growth''.
Most watched/listened
-
Would-be robber struck by bus
-
Plane catches fire on landing in Russia
-
David Beckham's emotional farewell
-
Hadfield 'hit Earth like a car crash'
-
City lit up after 20 years in dark
-
Mega-ships head for shipping firm
-
Denmark triumphs at Eurovision
-
A call from the top of the world
-
Has Osborne gone cockney?
-
Queen puts foot in it on Cornwall trip
-
Chile coast littered with dead animals
-
Read Klingon on your computer screen
-
Open air baptism for worshippers
-
One-minute World News
-
First US drone launch from carrier
