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Vodafone In Talks With Tesco To Buy Blinkbox

Vodafone has held talks with Tesco about buying its loss-making video streaming service Blinkbox, as the telecoms company seeks to bolster its TV and content operation ahead of a launch into home broadband next year. Tesco acquired Blinkbox, which was set up by former Channel 4 and Vodafone executives, three years ago to try to create a UK competitor to Amazon’s LoveFilm – now rebranded Amazon Prime Video – and Netflix. Dave Lewis, Tesco’s new chief executive, has decided the video business will shut or sold.

Read the whole story at The Guardian »

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