Disney sells Movies.com to Comcast’s Fandango

Fandango, the movie-ticketing company owned by Comcast since 2007, announced on Monday that it has acquired Movies.com, a movie news and reviews aggregator. Movies.com had previously been owned by Disney’s Walt Disney Internet Group.

Financial details were not disclosed.

The aim of the acquisition is to provide a one-stop movie hub for the Web, executives said.

“We are pleased to expand our rich-entertainment reach through this strategic addition of Movies.com,” Chuck Davis, CEO of Fandango, said in a statement. The ticketing site currently sells admission to 15,000 theaters in the United States. “We’ll be able to leverage our combined assets to offer millions of new moviegoers the best movie-related information available on the Web.”

CNET News

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