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Kindle overtakes books
Last July we reported that Amazon’s Kindle eReader books had surpassed hardcover books sales, selling 143 Kindle books for every 100 hardcover books. Now the same is true of paperbacks as well with 115 Kindle books being sold for every hundred paperbacks. The hardcover stats for books have doubled, with three times as many Kindle books as sold…
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Amazon buys LoveFilm: Netflix of UK
Amazon acquires the European movie rental and streaming movie service LoveFilm. Think Netflix but for the UK. How much will this cost Amazon? Well the valuation for Lovefilm.com was around $312 million. Amazon already owned 42%of LoveFilm. The talks have been going on since last year. The deal should close in the first quarter of 2011. … Read the…