The online ticket sales site Fandango, owned by Comcast Corp.’s NBCUniversal, on Friday said it is set to lock up its first international acquisition. Fandango, the premiere online movie ticket seller in the U.S. with 42 million visitors a month, will enter Brazil after acquiring Ingresso.com. Brazil is a leader in box office revenue in Latin America, accounting for 40% of the overall revenue in 2014, according to data from media tracking firm Rentrak. And the Motion Picture Association of America said Brazil has seen nine continuous years of box office growth, and is expected to become the world’s fifth largest market by the end of 2020. Fandango will increase Ingresso.com’s ecosystem with its mobile entertainment products, marketing and Movieclips content on Google Inc.’s YouTube, according to a news release. Fandango expects the acquisition to close in 2015 fourth quarter, following regulatory review and other closing conditions. Terms of the deal were not disclosed.
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