Fandango purchases rival MovieTickets.com

Fandango has officially acquired its rival, MovieTickets.com.

“MovieTickets.com has done a terrific job, building a popular and trusted brand with millions of loyal customers and hundreds of exhibitors, and has been a champion of serving theater circuits large and small for nearly two decades,” Fandango president Paul Yanover stated. “We look forward to sharing an array of mobile and social-media innovations with their customer base to enhance the movie discovery, planning and ticket-buying experience.”

MovieTickets.com CEO Joel Cohen also chimed in, saying, “MovieTickets.com is committed to serving moviegoers and exhibitors to enhance the total moviegoing experience. Teaming with Fandango will enable MovieTickets.com to further its mission and increase advance ticket sales.”

This deal will likely close by the end of 2017.