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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Arts & EntertainmentMovies

Fandango Just Bought Rotten Tomatoes and Flixster

By
Tom Huddleston Jr.
Tom Huddleston Jr.
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By
Tom Huddleston Jr.
Tom Huddleston Jr.
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February 18, 2016, 7:29 AM ET
"Seven Psychopaths" Celebrates Its Rotten Tomatoes.com Certified Fresh Rating At AMC Century City
Photograph by Alberto E. Rodriguez—Getty Images for CBS Films

Online movie ticketing platform Fandango is adding a couple more names to its portfolio of cinematic sites.

Fandango said Wednesday it is buying movie review aggregator Rotten Tomatoes and Flixster from Time Warner’s (TWX) Warner Bros. Financial terms of the deal were not disclosed, though Warner Bros. will take a minority stake in Fandango as part of the transaction, according to the press release.

As part of the deal, Fandango—itself owned by Comcast’s (CMCSA) NBCUniversal—will have the ability to incorporate Rotten Tomatoes movie reviews, including the site’s Tomatometer rating tool, into its ticketing platform. Fandango will also add its ticketing service to the Flixster mobile app, which provides movie information along with reviews from Rotten Tomatoes.

Flixster and Rotten Tomatoes together get 20 million unique visitors per month, and Fandango claims the acquisition will increase its own traffic to 63 million unique visitors per month. Fandango attracted 1 billion visitors to its website in total last year, while U.S. ticketing increased by 81%.

 

“Our new expanded network will offer unparalleled capabilities for all of our exhibition, studio, and promotional partners to reach a massive entertainment audience with innovative marketing and ticketing solutions that benefit from original content, home entertainment products, ‘super tickets,’ gifts with purchase, and other new promotional opportunities,” Fandango president Paul Yanover said in a statement.

Wednesday’s announcement marks the latest acquisition for Fandango, which, last month, bought streaming video service M-Go in another sign that the brand’s digital network is expanding.

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