By Todd Spangler NY Digital Editor NBCUniversal’s Fandango division clinched a pact to buy Vudu, the digital movie and TV streaming platform, from retailing giant Walmart.
The terms of the acquisition were not disclosed. Fandango plans to maintain a Vudu office in the Sunnyvale, Calif., area and Fandango will be making job offers to the majority of Vudu employees.
Fandango has operated a competitor to Vudu in the transactional VOD space — FandangoNow, which is based on the digital-storefront biz it in 2016 from DreamWorks Animation and Technicolor.
NBCU is expected to merge the operations of Vudu and FandangoNow once the deal closes. Fandango’s core business is selling movie tickets — which, during the COVID-19 pandemic, has ground to a
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