Submitted by Xaviar Xerexes [1] on June 30, 2008 - 09:19
Okay I didn't see that one coming... Journalista! [2] links to a Platinum Studios news release that they are in negotiations to buy WOWIO [3]. Wowio is a website in a state of suspended animation right now [4] -- and was the subject of lots of speculation last week [5].
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.
Links:
[1] http://comixtalk.com/user/xerexes
[2] http://tcj.com/journalista
[3] http://www.pr-inside.com/platinum-studios-announces-it-is-in-r674187.htm
[4] http://www.wowio.com/comingsoon.asp
[5] http://comixtalk.com/whats_going_on_with_wowio
[6] http://comixtalk.com/groups/platinum_studios
[7] http://comixtalk.com/groups/wowio