GameDeveloper reports: Mandalay Media, Inc. announced today that it has completed its merger with Twistbox Entertainment, Inc. Twistbox is now a wholly-owned subsidiary of Mandalay Media and its current sole operations as stated under Mandalay Media's Form 8-K as filed with the Securities and Exchange Commission.
Mandalay Media is a development stage company created by leading executives from the entertainment and investment industries and co-chaired by Peter Guber and Rob Ellin. Mandalay Media will be focused on building a strategic combination of new media distribution and content assets. Twistbox Entertainment will be the foundation for Mandalay Media's mobile and interactive offerings. Twistbox has direct on-deck distribution with over 100 mobile operators, operates in more than 40 countries and has products and services including video rich WAP sites, mobile TV and in-house developed mobile games that reach more than one billion handsets".