Burbank, Calif. – Time Warner’s (NYSE: TWX) Warner Bros. Home
Entertainment Group announced on Wednesday that it will acquire movie discovery
and informational service Flixster, including its movie review aggregator unit Rotten
Tomatoes.
Financial terms of the transaction were not disclosed.
Warner said
that Flixster will continue to operate out of San Francisco, while Rotten
Tomatoes will continue to operate independently in Los Angeles.
Founded in
2006, Flixster counts more than 25 million unique monthly users for its
database of over 250,000 movies, 2.3 billion users reviews, 500,000 critic
reviews and over 35,000 trailers and videos.
Rotten Tomatoes currently counts
over 12 million unique monthly visitors.
Warner plans to expand Flixster’s
services beyond movie discovery, to "enable digital content ownership and
delivery across any connected digital device."
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