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Fandango Buys Movieclips From ZEFR

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Los Angeles-based Fandango has acquired the assets of MOVIECLIPS from Venice, California-based ZEFR , the two said this morning, along with the team supporting the MOVIECLIPS service. According to Fandango, it will use the acquisition of MOVIECLIPS to expand its product offerings in the area of video, content, and movie discovery.

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ZEFR Sells Rights Management Assets To Vobile For $90M

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According to Vobile, it will open up a new office in Los Angeles as a result of the acquisition, with approximately 100 employees. The sale is not the first for ZEFR, which got its start posting licensed movie clips to YouTube. It sold that business, Movieclips.com, in 2014, to Fandango. ZEFR is backed by IVP, U.S.

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