Comcast acquires movie tickets site Fandango

Comcast did a big deal today – agreed to buy the online movie tickets service Fandango. Does being in cable TV service for majority of it’s part makes sense to acquire a movie ticket service? It sure does now especially after all the consumer moves Comcast has been making lately.

Comcast is planning to integrate Fandango with it’s yet to launched service Fancast is supposed to be a national online destination that will allow consumers to search, discover and manage entertainment choices across multiple platforms including television, computers, DVDs and wireless services. Those were real heavy words to understand on the first reading. From the first guess it might be another for media in making. Let’s see what’s cooking there behind the curtain. For the current time, Comcast’s Interactive will make sure the Fandango acquisition goes through smoothly by the end of second quarter.

As from the stats perspective, Fandango gets four million to five million unique visitors a month. Not really sure how many of them really buy tickets out there that typically cost $1 extra.


One Response to “Comcast acquires movie tickets site Fandango”

  1. StartupSquad » Blog Archive » Comcast to stream Zimbra Says:

    […] Comcast ambitions keep getting bigger. Apart from having the biggest cable broadband play, social video sharing, movie ticket sales, planned social portal are just some of the things Comcast has been working on. The newest move is partnership with one of the most successfully independent emailing applications,  Zimbra. The partnership will deliver the highly successful AJAX platform from Zimbra, and to include – email, IM, voice mail, smart address book, and RSS feeds to Comcast’s users.  […]

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