Los Angeles, Paris, April 17, 2015 – Webedia, the world’s second-largest publisher of web and mobile movie platforms, announced today it is expanding its global presence into the US with the closing of the acquisition of Cote Cine Group (CCG), the parent company of BoxOffice Media.
Webedia is already the market leader for movie-related websites in France (allocine.fr), Germany (moviepilot.de and filmstarts.de), Brazil (adorocinema.com.br), Turkey (Beyazperde.com), Spain and Latin America (sensacine.es). With more than 60 million monthly unique users, Webedia is second only to imdb.com in global movie traffic.
With the acquisition, Webedia also becomes a leading provider of web and mobile platforms for cinemas, including online ticketing.
In the US, BoxOffice Media publishes boxoffice718.wpengine.com, a leading business information website for the US cinema industry, and BoxOffice® Pro, the official magazine of the National Association of Theatre Owners (NATO).
All movie-related assets of Webedia will form a new group called BoxOffice Global Entertainment.
Julien Marcel, the Los Angeles-based CEO of BoxOffice Media, stated: “With the operational and financial support of Webedia and its unique footprint in the cinema sector, we will now be able to provide innovative digital media solutions to US exhibitors and to the industry as a whole.”
Webedia co-CEO Cédric Siré added: “After building leadership positions in key markets in Europe, Latin America and the Middle East, we are very excited to welcome Julien Marcel and the highly respected team at BoxOffice Media to our network. Our combined expertise puts us in a great position to provide new digital thinking for the cinema industry, and we couldn’t find a better brand than BoxOffice® to make that happen.”