Shakeup at the Top for LOVEFiLM

LONDON: After seven years as the CEO of LOVEFiLM, Simon Calver is leaving the company, to be replaced by Jim Buckle, currently the chief operating officer, as managing director.

Calver is moving to the struggling mother-and-baby chain Mothercare to serve as its CEO. Calver joined LOVEFiLM in 2005, leading its merger with Video Island and also negotiating the company’s full takeover by Amazon last year.

"I have decided the time is right to hand over the baton to the next leader," said Calver. "Growing this company has been a fantastic experience and I have had the pleasure of working with a truly talented team, real innovators who introduced a brand new way for millions of movie lovers to enjoy films. They provided our customers a vast selection of over 70,000 DVDs and Video Games, and, more recently, led the way in streaming great titles through PCs, TVs, Blu-ray players and games consoles."

He added: "Rest assured I will be keeping my subscription and following every single new turn in this fascinating industry and great company."