Around the Net
Vodafone In Talks With Tesco To Buy Blinkbox
- The Guardian, Tuesday, December 2, 2014 7:59 AM
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.
