Fandango Media
American ticketing company and media platform providing movie ticket sales, streaming services, and entertainment content discovery for films and television.
Company Type
public
Founded
2000
Headquarters
Los Angeles, California, USA
Revenue
not publicly disclosed (subsidiary of Comcast/NBCUniversal)
Primary Market
United States
About Fandango Media
Comcast Corporation is a publicly traded American telecommunications conglomerate founded in 1963. Headquartered in Philadelphia, Pennsylvania, Comcast is one of the largest telecommunications and media companies globally.
Comcast operates across multiple business segments including Cable Communications, NBCUniversal Media, and Sky. The company employs hundreds of thousands of people worldwide and serves millions of customers through its telecommunications and entertainment services.
Comcast's acquisition strategy has expanded its portfolio into entertainment and media, with Fandango representing its position in the movie ticketing and entertainment discovery market alongside NBCUniversal's content production and distribution.
History of Fandango Media
Fandango was founded in 2000 as a movie ticketing service, created to address the growing need for online movie ticket purchasing as internet adoption increased. The company was initially backed by major theater chains and technology investors.
Throughout the early 2000s, Fandango grew rapidly as moviegoers increasingly embraced online ticket purchasing. The company expanded its partnerships with theater chains across the United States and introduced mobile ticketing capabilities as smartphones became prevalent.
In 2007, Comcast acquired a controlling stake in Fandango, integrating the ticketing service with its NBCUniversal entertainment properties. This acquisition provided Fandango with additional resources and strategic positioning within the entertainment industry.
Throughout the 2010s, Fandango expanded its portfolio through strategic acquisitions. The company acquired Rotten Tomatoes in 2016, adding the popular movie review aggregation platform to its entertainment discovery offerings. In 2020, Fandango acquired Vudu, a digital movie purchase and streaming service.
Under Comcast's ownership, Fandango has continued to evolve its platform, integrating ticketing with movie information, reviews, and streaming services to create a comprehensive entertainment destination.
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Fandango Media owns 1 brand in our database.
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Fandango Media Ownership: Pros & Cons
Advantages
- +Integration with Comcast/NBCUniversal's entertainment ecosystem
- +Comprehensive entertainment platform covering ticketing, reviews, and streaming
- +Strong partnerships with major theater chains nationwide
- +Access to Comcast's financial resources and technical infrastructure
- +Strategic position in the movie entertainment value chain
Considerations
- -Competition from other ticketing platforms and streaming services
- -Dependency on theater industry health and movie release schedules
- -Challenges integrating multiple acquired platforms and technologies
- -Limited international expansion compared to global streaming services
- -Vulnerability to changes in movie consumption habits and theater attendance
Frequently Asked Questions About Fandango Media
Is Fandango Media a subsidiary of Comcast?
Yes, Fandango Media operates as a wholly-owned subsidiary of Comcast Corporation through its NBCUniversal division. The company has been owned by Comcast since 2007.
Is Fandango Media publicly traded?
Fandango Media itself is not publicly traded as a separate entity. However, parent company Comcast (NASDAQ: CMCSA) is publicly traded, allowing investors to own shares in Comcast and its entertainment properties including Fandango.
When was Fandango Media founded?
Fandango Media was founded in 2000 as a movie ticketing service, created to provide online movie ticket purchasing as internet adoption increased.
Who owns Fandango Media?
Fandango Media is owned by Comcast Corporation through its NBCUniversal subsidiary, which acquired a controlling stake in the company in 2007.
What is Fandango Media's market position?
Fandango Media maintains a strong position in the movie ticketing market as one of the leading online ticketing platforms in the United States, with expanded offerings in movie reviews and digital streaming through its acquired properties.
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