IDT forms Zedge Studios

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IDT Internet Mobile Group (IMG) announced Tuesday the formation of Zedge Studios, a new studio which will develop and license content for the Web and mobile platforms. Zedge Studios will capitalize on the loyal user base of social networking community Zedge, which it acquired in December 2006.

IMG also acquired a controlling interest in IDW Publishing, a comics publisher prominent in the horror, action, and sci-fi genres with titles like "The Transformers" and "30 Days of Night" to their name.
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