Fandango Acquires Movies.com

Allen - June 23rd, 2008
Comments Off

FandangoMovie news and reviews site Movies.com has been acquired by Fandango. Fandango is owned by Comcast and Movies.com was owned by the Walt Disney Internet Group. Financial terms of the deal were not disclosed.

Nielsen/Netratings reports thatĀ for May 2008, Fandango reached 6.3 million monthly unique visitors, while Movies.com served 1.9 million monthly unique visitors. There was apparently very little overlap in the users.

Rafat Ali at PaidContent notes that Fandango’s ad team will sell advertising on both sites. He also spoke with Disney who said that a dozen of its Disney Internet Group employees will be reassigned because of the Movies.com sale and no layoffs are expected.

Read More: ,
RSS Feed
RSS

Comments are closed.

Become a sponsor

SPONSORS

Clicky Web Analytics