CREATION: Tom.com takes 50% stake in print publication
<p>Tom.com has acquired 50 per cent interest in Yazhou Shoukan, Ming </p><p>Pao's Chinese weekly current events magazine. </p><p><BR><BR> </p><p>The magazine, which is also produced online at www.yzzk.com, has a </p><p>circulation of more than 100,000. Tom.com said it is to expand the </p><p>publication's print and online content. </p><p><BR><BR> </p><p>The company stressed no changes would be made to the editorial team and </p><p>its independence. </p><p><BR><BR> </p><p>This is Tom.com's first print media acquisition under its cross-media </p><p>business strategy. </p><p><BR><BR> </p><p>If China regulations allow, Tom.com will also assist in the development </p><p>and marketing of the magazine in mainland China. </p><p><BR><BR> </p>
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