Tech Track 100

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.

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Company details
ActivityOnline DVD rental provider
LocationWest London
Average 3 year sales growth367.92%
Latest sales £000s†27,612

If applicable:

* supplied by company † annualised figure