Skreem Entertainment Corporation announced that it is in negotiations to acquire one of China's fastest growing online firms. The interactive firm has over 2 million subscribers and receives over 10 million page views a day.

Skreem's strategy is to build through acquisition a multi-platform online content development and delivery network. Skreem recently entered the $900+ million dollar China online gaming industry by acquiring the Korean firm, Weaver Interactive, Inc., which is joint venturing with TOM Online to launch their games in China.

Charlie Camorata, President, said, "Our goal is to have an interactive presence throughout Asia that is linked by games, music and user generated content communities. We are sending our representative to China in the next month to finalize the negotiation and terms.

Source:佚名