Fandango is acquiring rival online ticketer MovieTickets.com

Fandango is acquiring rival online ticketer MovieTickets.com

7 years ago
Anonymous $uquhsGEL_U

https://techcrunch.com/2017/10/13/fandango-is-acquiring-rival-online-ticketer-movietickets-com/

A consolidation in the advance movie ticketing space is happening today, with Fandango’s announcement that it’s acquiring rival MovieTickets.com for an undisclosed sum. The deal, which is expected to close before year-end, will help Fandango expand its international footprint, particularly in Latin America, as well as bring new cinemas to its ticketing platform.

Headquartered in Boca Raton, Florida, MovieTickets.com today serves moviegoers in the U.S., Canada, the U.K. and Latin America. That means in addition to helping Fandango gain more ground in Latin America – particularly in popular moviegoing countries Argentina and Mexico, Fandango says – the acquisition will allow Fandango to establish a presence in both Canada and the U.K. for the first time.