The Netflix of europe? I'm european and I've never heard of LoveFilm before...
I see on their website that they have versions for Germany and most of Scandinavia, but I have no idea how big they are there, and that's a far cry from the whole of Europe anyhow.
So my guess is: not very big in Scandinavia.
I think this deal has to be good for both parties here, and would be surprised if they rebranded LoveFilm. It's a good name.
And I really question "very big"; asking around 20 or so friends (20+ all very IT literate/gamers) pretty much everyone said something like "who?" or "they do delivered DVDs right?".
Oh well.
Apologies to all you other Europeans.
No late fees is, well, a winner - even if you have to wait a day or two for a new film to wing it's way to you.