Comcast’s Fandango acquires Movies.com from Walt Disney

MUMBAI: Comcast’s online movie tickets service Fandango Inc has bought out Movies.com from Walt Disney Internet Group, for an undisclosed sum.

Fandango.com has exclusive ticketing access to more than 15,000 movie screens across the US and its consumers enjoy movie content, including exclusive movie trailers and videos, coming attractions, user ratings and reviews, and personalization features.

Movies.com is a complementary site that provides a broad array of information to movie lovers, including movie synopsis, reviews, movie and celebrity news, DVD releases amongst other features.

The synergy of these two movie sites, both launched in 2000, will create new opportunities for exhibitors, studios, advertisers and other partners to reach the moviegoing audience, and will provide additional information and entertainment for moviegoers.

Fandango’s advertising sales force will represent both sites with advertisers.

"We are pleased to expand our rich entertainment reach through this strategic addition of Movies.com. We’ll be able to leverage our combined assets to offer millions of new moviegoers the best movie-related information available on the Web," said Fandango CEO Chuck Davis.

With the addition of Movies.com, the Fandango network expands to reach a new audience. Fandango has enjoyed robust growth, with a 24 per cent year-over-year increase in traffic this year. During the month of May 2008, Fandango reached 6.3 million monthly unique visitors, while Movies.com served 1.9 million monthly unique visitors.

Additionally, Fandango now provides online ticketing for Movies.com users, who will have access to more than 15,000 screens across the US.

BOC Editorial

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