Whether you love romance films or are a fan of thrillers, this online DVD rental company probably has something for you. London-based Lovefilm says it has 500,000 subscribers and a library of 65,000 film titles. It also provides online DVD rental services for clients such as Tesco, The Guardian’s Sofa Cinema and Odeon. Founded only five years ago, the company merged with its biggest British rival, Video Island, last April. Led by chief executive Simon Calver and backed by private-equity firms, Lovefilm has boosted its sales 368% a year from £1.3m in 2004 to an annualised £27.6m in 2006, when it made a significant loss.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.