Submitted by Xaviar Xerexes  on June 30, 2008 - 08:19
Okay I didn't see that one coming... Journalista!  links to a Platinum Studios news release that they are in negotiations to buy WOWIO . Wowio is a website in a state of suspended animation right now  -- and was the subject of lots of speculation last week .
My understanding is that WOWIO is a private company so no one has much idea of their financial state. That would change if Platinum purchased them -- as a public company Platinum reveals a lot more about its financials because of SEC reporting requirements.