Mergers and Acquisitions Update - WDIG acquires LivingMobile.net - BestBuy joins forces with CDBaby
Walt Disney Internet Group, WDIG, announced recently its acquisition of LivingMobile.net. By acquiring Living Mobile, WDIG plans to strengthen its mobile content operations. In a press release announcing the acquisition, Mark Handler, Executive Vice President and Managing Director of WDIG, International. said:
Good news for music lovers. BestBuy is joining forces with CDBaby to create the largest catalog of indie music online. Gary Arnold, Senior Vice President of Entertainment for Best Buy said,
"Purchasing Living Mobile is a key part of that commitment. They have proven track record in mobile game publishing and world-class talent in this new and highly competitive game category, and their strong, existing library makes us a serious competitor in games."
Good news for music lovers. BestBuy is joining forces with CDBaby to create the largest catalog of indie music online. Gary Arnold, Senior Vice President of Entertainment for Best Buy said,
"Best Buy believes the future of music depends on consumers exploring new music and connecting with new artists".
posted by Frank at 10:31 AM
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