Movies.com, a site for buying movie tickets and a destination for gathering film reviews, celebrity news and information on new DVDs, has been sold by Walt Disney Co. to its rival Fandango.com, which sells tickets for major chains such as Edwards Theaters, Regal Cinemas and AMC Loews. The deal is intended to generate higher traffic -- and more ads from theater, studios and marketers -- to Fandango's site, which will continue to operate separately from Movies.com, according to this article.

Related Summaries