Representatives of Clips4sale explained that the two companies will continue to be operated separately, with independent management teams, while utilizing synergies that will benefit both companies.
The new owner’s identity was not disclosed.
“This is a very exciting move,” HotMovies director of business development James Cybert said. “We welcome the change and the expertise added to our top level management. We see a number of ways in which this can grow our sites in the months and years ahead.”
To submit content to HotMovies visit the website or call (800) 611-MOVIE.
Clips4Sale accepts new submissions by clicking here.