3 items from 2016
Movie ticket vendor Fandango is entering the streaming fray.
One month after purchasing digital video distribution platform M-go, a joint venture between Technicolor and Dreamworks, Fandango has renamed the service FandangoNOW and will launch it on March 30.
“The launch of FandangoNOW is a huge milestone for the company,” said Fandango president Paul Yanover in a statement, adding that the service’s debut was carefully timed to coincide with the forthcoming digital releases of ‘The Revenant,’ ‘The Hateful Eight’ and ‘Star Wars: The Force Awakens.’
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- Geoff Weiss
Fandango, the nation’s leading digital platform serving consumers across the entire movie lifecycle, announced today it has signed an agreement to acquire Flixster and Rotten Tomatoes, which includes the world famous professional movie critic rating tool, the Tomatometer™, from Warner Bros. Entertainment. The addition of Flixster and Rotten Tomatoes, along with Fandango’s recent acquisition of on-demand video service, M-go, will expand the company’s theatrical ticketing business and create the industry’s premier digital network for all things movies.
Flixster and Rotten Tomatoes, which reach 20 million unique visitors per month, will remain consumer-facing brands. With this acquisition, Fandango’s combined audience reach will grow to more than 63 million* unique visitors per month and offer consumers the most comprehensive resource for movie information, theatrical ticketing, video content for movie discovery, and home entertainment. As part of the deal, Warner Bros. Entertainment will take a minority ownership stake in Fandango »
- Kellvin Chavez
Fandango said Wednesday that the deal, along with its recent acquisition of on-demand video service M-Go, will expand its theatrical ticketing business and create “the industry’s premier digital network for all things movies.”
Fandango said Flixster and Rotten Tomatoes, which reaches 20 million unique visitors per month, will remain in their current form. It also said Fandango’s combined audience reach will grow to more than 63 million unique visitors per month.
Fandango will continue to operate as a unit of NBCUniversal.
“Flixster and Rotten Tomatoes are invaluable resources for movie fans, and we look forward to growing these successful properties, driving more theatrical ticketing and super-serving consumers with all their movie needs, »
- Dave McNary
3 items from 2016
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