Mochi Media and Shanda Games establish game developer fund

Mochi Media and Shanda Games establish game developer fund

Sina Technology News 11:30 March 8 Eastern Time (0:30 March 9 Beijing Time), Mochi Media and Shanda Games (Nasdaq: GAME) today announced the establishment of the Mochi GAME Developer Fund (Mochi GAME Developer Fund) , This fund with $ 10 million in funding will help and support promising Flash game and social game developers through sponsorship, licensing and publishing transactions.

Mochi Media and Shanda Games said the fund will help small Flash game development studios and independent game developers worldwide to produce world-class games and development businesses. The two companies announced the establishment of this fund at the second annual Mochi Media Flash Game Summit held today. The focus of this summit is to nurture the growth of the Flash game community and promote its success.

The Mochi GAME Developer Fund is the result of the joint efforts of Mochi Media and its parent company Shanda Games. This plan will be managed by members of the management team of Mochi Media and Shanda Games. By participating in this fund, developers will be able to obtain technology, design and testing resources and a series of development tools from Shanda Games, and the games they develop will be distributed from Mochi Media to nearly 40,000 websites worldwide.

The original investment from this fund will reach up to US $ 100,000 per game. The fund will focus on a longer-term prospect and develop partnerships with world-class Flash game developers.

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