Monday, June 4, 2012

Fandango Claims Record Sales In May

Los Angeles-based Fandango, the movie ticketing and information service, said today that it has had the best ever number in May for traffic and ticket sales, for the company's entire 12-year history. The company said it saw a 47 percent, year-over-year increase in its ticket sales, plus a 29 percent year-over-year increase in monthly visitors, totaling 34 million in May of 2012. The company attributed the growth to both its large network of theater screens--it recently added AMC Theaters, Regency Theatres, and others to its network--plus its mobile and social products, and its coverage of movie news and film reviews. Fandango also said it had about 28 percent of its total tickets sold via mobile in May, which appears to be one of the growth areas for the company. Fandango is owned by Comcast, which acquired the movie site back in 2007.