FANDANGO ACHIEVES BEST QUARTER IN COMPANY HISTORY
Mobile Ticket Purchases More than Double Year-Over-Year
The Nation's Leading Moviegoer Destination Now Tickets for The Internet's Top Three Portals and the Top Four Exhibitor Chains
LOS ANGELES, July 3, 2012 /PRNewswire/ -- Fandango, the nation's leading moviegoer destination, announced today that it achieved the company's best quarter in its 12-year history, with a 28% year-over-year surge in second quarter ticket sales, a 26% year-over-year increase in second quarter traffic, and its highest number of mobile tickets sold in one quarter, with mobile purchases up 107% year-over-year.
"Fandango has truly become the way today's film fans get to the movies, and our consecutive record-setting quarters are a testament to that," said Rick Butler, Executive Vice President and General Manager of Fandango. "Our growing traffic and spike in mobile ticket sales have been driven by our unsurpassed theater and portal reach--along with our mobile product innovations, exclusive celebrity interviews and trailer debuts, as well as our ability to guarantee seats for the summer's most anticipated movies."
The second quarter of 2012 was marked by new distribution deals with both AOL's Moviefone and Microsoft's MSN, in addition to record-setting ticket sales for "The Avengers." This comes on the heels of first quarter's distribution deal with Yahoo!, as well as AMC Theatres and Regency Theatres, and a long-term renewal with Carmike Cinemas.
The company continues to lead in mobile, with 27% of Fandango's ticket sales deriving from its mobile site and apps. Fandango's apps have been downloaded 25 million times, with mobile downloads up 49% year-over-year.
Fandango also launched an enormously popular Facebook Timeline app dubbed "Movies with Friends," (http://www.fandango.com/movies-with-friends) which provides a variety of new social tools that allow Fandango friends to share their moviegoing activities in real time.
Additionally, Fandango and Telemundo recently announced the launch of Fandango Cine, a bilingual destination for Hispanic moviegoers, which is scheduled to debut by the year end.
Fandango, the nation's leading moviegoer destination, sells tickets to nearly 20,000 screens nationwide. Fandango entertains and informs consumers with reviews, commentary, celebrity interviews and trailers, and offers the ability to quickly select a film, plan where and when to see it, and conveniently buy tickets in advance. At many theaters, fans can print their tickets at home or receive them as a paperless Mobile Ticket on their smartphones.
Fandango is available online at www.fandango.com, via smartphones, tablets and other mobile devices, and at 1-800-FANDANGO. Fandango's top-ranking movie ticketing apps, with 25 million downloads, are available on the iPhone and iPad, Android, BlackBerry, Windows Phone 7 and many other platforms. Fandango is enjoyed by 35 million online and mobile visitors per month. Film fans find Fandango on Facebook at www.facebook.com/fandango and on Twitter @Fandango.