San Francisco
– News Corp.’s (NYSE: NWS) IGN Entertainment unit announced on Monday that it has sold its
movie review aggregation website Rotten Tomatoes to rival Flixster.
Financial
terms of the transaction were not disclosed, although IGN will receive a
minority equity stake in Flixter as part of the deal.
The companies had
recently partnered to syndicate Rotten Tomatoes’ aggregated reviews on
Flixster’s website and mobile applications.
Founded in 2006, Flixster counts
more than 20 million monthly users, and boasts the most popular movie-related
application for Apple’s iPhone.
The companies said that they will command a
combined audience of around 30 million monthly visitors, and offer a database
of half a million reviews from critics alongside 2.3 billion user-generated
ratings and reviews.
News Corp. also recently sold off its Photobucket
photo-sharing service tol Ontela.
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