U.K. Online DVD Rental

U.K. Online DVD Rental Service Video Island Acquires Brafilm

Authored by Mark Hefflinger on September 14, 2005 - 3:42am.

Stockholm -- Video Island, a U.K.-based online DVD rental firm, announced that it has acquired Brafilm, the largest online DVD service in the Nordic region, for an undisclosed sum. Video Island said the acquisition would increase its total subscriber base to more than 150,000, making it the online-DVD market leader in Norway, Sweden and the U.K. "Brafilm is a well-established and respected player in Scandinavia and has some valuable partnerships, including MSN, TV4 in Sweden, TV2 in Norway and Coop," said Video Island CEO Simon Calver. "The acquisition provides a solid base for us to expand across Europe." Video Island, which earlier this year secured $10.9 million in venture capital financing from EVP, has made two other acquisitions within the last year or so, snapping up ScreenSelect.co.uk in August 2004 and DVDs365 just three months ago.

U.K. Online DVD Rental Service Video Island Raises $11 Million

Authored by Mark Hefflinger on June 10, 2004 - 10:32am.

London -- Video Island, a U.K.-based online DVD rental service, announced on Thursday that it has raised $11 million in its second round of venture capital financing. Cazenove Private Equity led the investment round; Benchmark Capital and Index Ventures also participated. Founded in 2002, Video Island offers a catalog of 15,000 titles under three flat-rate monthly subscription packages that allow a differing number of DVDs to be checked out at a time. Like Netflix, Video Island delivers movies to subscribers via the postal service and does not charge late fees, although Netflix's library is somewhat larger with 20,000 available titles.

tags: VC | Video Island | U.K. Online DVD Rental |