History
Industry revenue increased rapidly for several years after the company's formation. However, as the Internet grew in popularity, small- and medium-sized movie-theater chains began to offer independent ticket sale capabilities through their own websites. In addition, a new paradigm of moviegoers printing their own tickets at home (with barcodes to be scanned at the theater) emerged, in services offered by PrintTixUSA and by point-of-sale software vendor operated web sites like "ticketmakers.com" (and eventually Fandango itself). Finally, an overall slump in moviegoing continued into the 2000s, as home theaters, DVDs, and high definition televisions proliferated in average households, turning the home into the preferred place to screen films.
On April 11, 2007, Comcast acquired Fandango, with plans to integrate it into a new entertainment website called "Fancast.com," set to launch the summer of 2007. In June 2008, the domain Movies.com was acquired from Disney. With the company's purchase of a stake in NBCUniversal in January 2011, Fandango and all other Comcast media assets were merged into the company.
In March 2012, Fandango announced a partnership with Yahoo! Movies, becoming the official online and mobile ticketer serving over 30 million registered users of the Yahoo! service.
Read more about this topic: Fandango (ticket Service)
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