Flixter acquires Rotten Tomatoes

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As both being movie review Web sites, it’s not that hard to imagine this two going well together.

Flixter, a user-generated movie review Web site, has acquired Rotten Tomatoes from the IGN division of News Corp. The announcement was revealed in a statement released today.

Rotten Tomatoes, also a movie review Web site, has premium contents that include professional reviews from critics, trailer videos, and news.

Although the acquisition was made official today, rumors about it have been circling the blogosphere since December when Kara Swisher

The exact terms of the acquisition was not made public but equity definitely is one reason for the acquisition as New Corp. will be receiving a minority stake in Flixter.

Flixter, besides its Web site, also offers the most popular movie app for the iPhone and apps for Android, Palm Pre and Blackberry.

Source: http://news.cnet.com/8301-1023_3-10424598-93.html