Transaction accelerates Fandango’s international footprint across cinema operations and expands technology capabilities
Versant, Comcast’s planned spin-off of select media brands and digital businesses, today announced that it has acquired Indy Cinema Group, a modern, cloud-based cinema operating system, enhancing its offerings under Fandango, the nation’s leading online movie ticketer. As part of Fandango, Indy will offer a vertically integrated software platform designed to support key operational functions across ticketing, point-of-sale, concessions, loyalty, marketing, inventory management, and real-time analytics. The acquisition expands the tools available to Fandango’s cinema partners and integrates a comprehensive operating solution into the company’s existing suite of products.
With a presence in nearly 300 locations worldwide, Indy’s robust multi-language capabilities allow cinemas to operate seamlessly around the world. Indy strengthens Fandango’s position with cinemas domestically while enabling a clearer path for international expansion and deeper operational integration.
This transaction aligns with Versant’s approach of transforming vertical businesses that extend into technology, services and direct consumer engagement. Similar to the evolution of Versant’s golf vertical, GolfNow, which expanded from a single platform into a portfolio of tee-time booking, course-management software and subscription products, the addition of Indy provides a foundation for broader operational tools and new market opportunities within the cinema space.
“At Versant, we have a track record of building vertical businesses that extend well beyond their origins,” said Mark Lazarus, Chief Executive Officer of Versant. “Integrating Indy into Fandango reflects a similar strategy: strengthening our core brands while expanding into adjacent services that support partners and consumers across the broader entertainment marketplace.”
“Indy has done an exceptional job of providing a strong foundation for cinemas to operate more efficiently and deliver a best-in-class user experience,” said Will McIntosh, President, Digital Platforms and Ventures, Versant. “With the acquisition of Indy, we are excited to not only strengthen the support to our nearly 3,000 cinema partners across the U.S. but also create a new global standard for how they can run their businesses and expand their offerings. Fandango and Indy together are positioned to become the digital backbone of modern exhibition.”
“From day one, we saw firsthand how outdated tools held theaters back, and we made it our mission to provide a smarter, more flexible and intuitive solution through Indy,” said Ian and Carmen Brown, Co-Founders, Indy Cinema Group. “From our very first conversations with Will and the Fandango team, it was clear that we shared the same vision and commitment to championing the cinema industry. We are thrilled to join forces and continue to lead Indy’s efforts within Fandango and Versant to take this vision even further by supporting and elevating cinemas across the globe.”
Indy Cinema will operate within Versant as part of Fandango.
About Fandango
Fandango digital network provides unrivaled, instant access to all things movies and TV, enhancing fan enjoyment across the entire entertainment journey. The portfolio serves more than 50 million unique visitors per month and includes leading online movie ticketer, Fandango, which tickets for 31,000 U.S. movie screens; world-renowned entertainment review site, Rotten Tomatoes; and Fandango at Home (previously Vudu), the on-demand streaming service offering the industry’s best selection of 4K UHD titles and more than 250,000 new release and catalogue movies and next day TV shows.