The document proposes SREM, a scalable and reliable event matching service designed for content-based publish/subscribe systems in cloud computing environments. It addresses challenges in disseminating large-scale live content by utilizing a distributed overlay called SkipCloud and a hybrid multidimensional partitioning technique to ensure low routing latency and high matching throughput. Extensive experiments demonstrate SREM's effectiveness in providing workload balance, scalability, and reliability under dynamic conditions.