NBCUniversal’s ticketing and video-on-demand company Fandango has agreed to acquire streaming service Vudu, the companies announced today, the latest in a string of such acquisitions as the adoption of streaming accelerates.
There will be no immediate changes to either service, the companies said in a blog post. Vudu will also continue operating Walmart’s digital movie and TV store on Walmart.com.
The deal, terms of which were not disclosed, will significantly bolster the ad-supported streaming assets at Fandango, which is primarily a ticketing service that earns a percentage of the tickets it sells online.
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