NEW YORK, Jan. 30, 2014 /PRNewswire/ -- YOU On Demand
Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand" ), a leading
multi-platform entertainment and Video On Demand company
in China, today announced the expansion of its cooperation to
offer feature films from Disney Media Distribution ("Disney") via
YOU On Demand's mobile service.
YOU On Demand will now make available Disney's library titles
including "Alice in Wonderland" and "Pirates of the Caribbean," as
well as popular Marvel library titles through its Subscription
Video On Demand (SVOD) package. In addition, new releases
such as "Thor: The Dark World" and "Saving Mr. Banks" will be
available via its Transactional Video On Demand (TVOD)
offering.
"We are very proud to announce our expanded partnership with
Disney as we continue to bring the best in entertainment to mobile
users in China," said Shane
McMahon, Chairman of YOU On Demand. "Disney films define
quality family entertainment and we're thrilled that YOU On Demand
will be showcasing Disney content to the world's largest media
audience. This partnership marks the next step in YOU On
Demand's commitment to provide rich and diverse content to
customers anytime and anywhere on a wide variety of platforms,
including mobile, digital cable, IPTV, Over-the-Top and
online."
With Disney, YOU On Demand will continue its pursuit of
expanding its mobile distribution presence in China. As per
the recently announced distribution agreement with Huawei, YOU On
Demand will add Disney titles to its current Hollywood line-up via its newly launched
mobile application ("App"), YOU Cinema. The App currently
comes preloaded on Huawei Mate
smartphones.
Huawei is a leading global information and communications
technology (ICT) solutions provider and the third largest global
smartphone manufacturer.
Since overtaking the U.S. last year in shipment volume,
China's smartphone market is now
the world's largest. Shipments are projected to grow 25% in
2014 to 450 million units from approximately 360 million in 2013,
according to market research firm IDC.
About YOU On Demand Holdings, Inc.
(http://www.yod.com)
YOU On Demand (NASDAQ: YOD) is a leading multi-platform
entertainment company delivering premium content, including leading
Hollywood and China-produced movie titles, to customers
across China via Subscription
Video On Demand and Transactional Video On Demand. The Company has
secured alliances with leading global media operators and content
developers. YOU On Demand has content distribution agreements
in place with many of Hollywood's top studios including Disney
Media Distribution, Paramount Pictures, NBC Universal, Warner
Bros., Miramax Films, Lionsgate and Magnolia Pictures, as well as a
broad selection of the best content from Chinese filmmakers. The
Company has a comprehensive end-to-end secure delivery system,
governmental partnerships and approvals and offers additional
value-added services. YOU On Demand has strategic partnerships with
the largest media entities in China, a highly experienced management team
with international background and expertise in Cable, Television,
Film, Digital Media, Internet and Telecom. YOU On Demand is
headquartered in New York, NY with
its China headquarters in
Beijing.
About Disney Media Distribution
Disney Media Distribution is the distribution arm of The Walt
Disney Company responsible for the licensing of branded and
non-branded entertainment to all platforms in Asia
Pacific including free-to-air, cable and satellite
broadcasters and mobile, broadband and VOD platforms. Its program
portfolio includes quality feature films, critically-acclaimed
network television series, ABC news programming, the very best in
animation and prestigious specials such as the Academy Awards.
Disney Media Distribution also oversees channel distribution of the
much-loved Disney Channel, Disney Junior and Disney XD which are
distributed on all major pay TV platforms in the
region.
About Huawei (http://www.huawei.com/en)
Huawei is a leading global ICT solutions provider. Through our
dedication to customer-centric innovation and strong partnerships,
we have established end-to-end capabilities and strengths across
the carrier networks, enterprise, consumer, and cloud computing
fields. We are committed to creating maximum value for telecom
carriers, enterprises and consumers by providing competitive ICT
solutions and services. Our products and solutions have been
deployed in over 140 countries, serving more than one third of the
world's population.
CONTACT:
Jason
Finkelstein
|
Robert Rinderman or
Norberto Aja
|
YOU On
Demand
|
JCIR – Investor
Relations/Corporate Communications
|
212-206-1216
|
212-835-8500
|
jason.finkelstein@yod.com
|
YOD@jcir.com
|
@youondemand
|
|
SOURCE YOU On Demand Holdings, Inc.