New Source for West World Media

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Hollywood Media Corp., a provider of news, information and ticketing services, said Monday that it has sold its Source business to West World Media for $23 million in cash.

The business includes the CinemaSource, EventSource and ExhibitorAds operations. Along with the sale, Hollywood and West World also agreed to a multiyear data sharing agreement, which calls for West World to provide movie showtimes and event data to Hollywood, and Hollywood to supply movie and entertainment-related content to West World.

West World Media is owned by Brett West, who founded the Source business in 1995 before selling it to Hollywood Media in 1999.
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