New Source for West World Media
EmptyHollywood 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.