Sainsbury’s is spending £1 million (€1.15m) to buy Global Media Vault, a white-label digital entertainment distribution vendor, to power its launch in to online content retailing. The UK supermarket says the acquisition will be used to add digital content to Sainsbury’s Entertainment, the site it launched in November 2010 to sell CDs, DVDs and books.

“Customers will soon be able to buy, rent or stream content from Sainsbury’s,” says the chain’s group development director Luke Jensen.

Sainsbury’s is apparently two-year-old Media Vault’s primary customer. It holds over three million songs, films and games.

Other posts by :

1. SpaceX fearful of AST SpaceMobile’s potential?
2. Equatys wants 2,800 new satellites
3. FCC eyes freeing up Weird Space Stuff spectrum
4. SES happy with releasing 160MHz of spectrum for 5G
5. Inmarsat “likely to win appeal” over Ligado/AST action
6. FCC seeks fair play over foreign satellite access
7. Bank raises RocketLab target price
8. Paramount throws kitchen sink
9. Ukraine wants its own LEO system

Categories: Articles, Business, Content, M&A