Development stage company Mandalay Media, a division of media production company Mandalay Entertainment Group devoted to building new media distribution and content companies, has signed a letter of intent to purchase casual games developer and publisher Green Screen Interactive Software.
Based in New York City, Green Screen debuted to the public in late April with the acquisitions
of formerly independent publishers Destination Software, Inc. and ZOO Digital Publishing. Destination Software will act as a casual games subsidiary of ZOO Digital Publishing, now named Zoo Games.
Mandalay Media has recent made moves to acquire various types of companies in digital distribution, interactive entertainment, and online digital media and publishing. In January, the company acquired Twistbox Entertainment, a mobile games and content provider with over 100 mobile operators in more than 40 countries.
Mandalay Entertainment Group, Mandalay Media's parent company, owns a collection of media-related companies, including Mandalay Television and Mandalay Pictures, the latter being the film studio behind movies such as Sleepy Hollow and the I Know What You Did Last Summer series. Its Mandalay Sports Entertainment subsidiary manages and owns several minor-league baseball teams.
Said Green Screen Interactive Software CEO Ron Chaimowitz: â€śThe ability to introduce entertainment across a diverse array of mass-market consumer devices is critical to long-term success. Our pending combination with Mandalay Media affords us that great capability, and we are excited at the potential of the new company.â€ť