Fandango introduced that it has signed a deal to obtain on-line rival MovieTickets.com for an undisclosed quantity, including to its dominance within the U.S. marketplace and having access to extra movie enthusiasts in another country.
The transfer continues the growth of Fandango, which ultimate 12 months got movie-review aggregator RottenTomatoes.com and film-buff web site Flixster from Warner Bros. The deal, which was once all about international enlargement, will assist the corporate provider “masses of thousands and thousands of moviegoers international.”
In a commentary, Fandango President Paul Yanover stated:
“MovieTickets.com has executed an incredible activity, construction a well-liked and depended on emblem with thousands and thousands of unswerving shoppers and masses of exhibitors, and has been a champion of serving theater circuits massive and small for just about two a long time. We sit up for sharing an array of cell and social media inventions with their buyer base to give a boost to the film discovery, making plans and price ticket purchasing revel in.”
The deal between Fandango and MovieTickets.com is scheduled to near later this 12 months. Fandango says that MovieTickets.com will proceed to perform from its HQ in Florida after the purchase completes.
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