US game monetization firm Mochi Media to shut down on March 31

March 17
6:44 AM 2014

Flash gaming and monetization platform Mochi Media has announced that it will stop operating on March 31, according to TechCrunch.

A portion of Chief Executive Officer (CEO) Josh Larson's blog announcement reads: "If Mochi had a more meaningful position today beyond Flash, then there may have been a different path for the company going forward."

Gamasutra also cited Larson saying: "It saddens me to make this announcement today-our parent company Shanda has decided to dissolve the Mochi Media business. The last day that Mochi Media services will be available is March 31, 2014."

Mochi Media was founded by Jameson Hsu and Bob Ippolito in 2005. The company provided Flash gaming firms a platform to help develop, distribute, and monetize their content, the report detailed.

According to Gamasutra, Mochi Media's clients should read the company's blog announcement to find out what they should do to retrieve or save their data and how to claim their final payments.

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