Friday, December 2, 2016
Fandango Gobbles Up Cinepapaya
Los Angeles-based online ticketing and movie service Fandango continues to be in an acquisitive move, and has acquired Latin American online movie ticketer Cinepapaya. Financial terms of the acquisition were not announced. The acquisition follows an acquisition last year of Brazilian ticketing firm Ingresso.com. Fandango said the buy doubles its reach in Latin America. Fandango has been quite an acquisitive company, recently acquiring and re-launching movies on demand service M-GO, acquiring Flixster and Rotten Tomatoes, the acquisition of Ingresso.com, not to mention the 2014 acquisition of LA's MovieClips.