The video is a simple animation of a logo for a company named Fandango. The logo is a combination of the company name and a graphic of a movie clapperboard. The animation shows the clapperboard graphic moving up and down, and the company name changing from "Fandango" to "Fandango Movieclips" and back again. The colors used in the logo are primarily orange and blue, with the clapperboard graphic in orange and the text in blue. The animation is smooth and the transitions between the two names are seamless.