Amazon (AMZN +1.2%) is reportedly in talks to acquire U.K.-based movie-streaming and DVD rental...

|By:, SA News Editor

Amazon (AMZN +1.2%) is reportedly in talks to acquire U.K.-based movie-streaming and DVD rental firm LoveFilm for $312M. Amazon already has a 42% stake in LoveFilm, which has 1.4M members in Europe and a library of 70K movies and games. Amazon is now looking the firm's financials over in advance of the deal.