Shanda, Mochi Establish Game Developer Fund
Mochi Media PR, 3/08/10
Chinese online gaming company Shanda Games (Nasdaq: GAME) and its recently-acquired browser game network subsidiary Mochi Media have announced the Mochi GAME Developer Fund, a USD 10 mln fund that will help promising Flash and social game developers support their games through sponsorship, licensing and publishing deals. The fund will assist small Flash game development studios and independent game developers worldwide in building games and businesses.
The initiative will be managed by members of the management team of Mochi Media and Shanda Games. Through participation with the fund, developers will gain access to technical, design and testing resources from Shanda Games, as well as a host of development tools and distribution to nearly 40,000 websites globally from Mochi Media.
Initial investments from the fund could reach up to USD 100,000 per game title. The fund will have a longer-term vision of developing relationships with leading Flash game developers for multi-game distribution deals.
Keywords: SNS browser game online gaming Shanda Games flash Internet Mochi Media GAME overseas
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