Mandalay Media announced Wednesday the completion of its merger with Twistbox Ent., now a wholly-owned subsidiary of Mandalay.
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 Elin.
Twistbox will be the foundation for Mandalay's mobile and interactive offerings, with its direct on-deck distribution with more than 100 mobile operators, products and services including video-rich WAP sites, mobile TV and in-house developed mobile games that reach more than one billion handsets in 40 countries.
The current senior management team of Twistbox will continue to operate, and Ian Aaron, currently CEO of Twistbox, has been appointed to the board of directors.
