Peter Kafka

Recent Posts by Peter Kafka

Amazon Buys European Streaming Movie Service Lovefilm

Amazon, which already owned 42 percent of European Web movie service Lovefilm, has picked up the rest of the company, too. The Financial Times pegs the value of the deal at $312 million. Apparently it’s a legal requirement to describe Lovefilm as “the Netflix of Europe,” so there you go. Netflix itself isn’t in Europe, but international expansion is on the company’s agenda.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”