YOU On Demand Signs Screen Media Ventures For Video On Demand In China
NEW YORK, Oct. 22, 2012 /PRNewswire/ -- YOU On Demand Holdings, Inc. (NASDAQ: YOD), China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform has entered a licensing agreement with Screen Media Ventures to distribute their films via Transactional Video On Demand (TVOD) and Subscription Video On Demand (SVOD).
Among the Screen Media films that will be available through YOU On Demand are Mike Myers' "Austin Powers: International Man of Mystery," "Drop Dead Gorgeous," starring Kirstin Dunst, "What's Eating Gilbert Grape," featuring Leonardo DiCaprio's breakout Oscar® nominated performance opposite Johnny Depp, "Where The Heart Is," starring Ashley Judd and Natalie Portman and the romantic comedy "Music From Another Room," starring Jude Law and Gretchen Moll.
"Screen Media is one of the leaders in distribution and marketing of independent feature films and we're very excited about adding their content to our platform," said Shane McMahon, Chairman and CEO of YOU On Demand.
Screen Media now joins Warner Bros. Entertainment, Disney Media Distribution, NBCUniversal, Paramount Pictures, Lionsgate, Miramax, Magnolia Pictures, Gravitas Ventures, Film Buff, K2 Communications, 3net and Big Mama Digital Entertainment (Karaoke) as content providers working with YOU On Demand in its efforts to bring the best in home entertainment to audiences in China.
About YOU On Demand Holdings, Inc.
YOU On Demand is the leading national Pay-Per-View and Video On Demand platform in China. The Company offers high quality premium content to customers across China through its Near Video On Demand (NVOD), Video On Demand (VOD) and Subscription Video On Demand (SVOD) services. The Company consists of a portfolio of businesses that include alliances with leading media operators, comprehensive end-to-end content delivery, an exclusive billing solution, governmental partnerships and approvals, and value added services.
YOU On Demand has secured strategic partnerships with the largest media entities in China, and has a highly experienced management team with a strong background in Cable, Television, Media and Telecom. The company is headquartered in New York, NY, with its China headquarters in Beijing. For more information, visit http://www.yod.com.
About Screen Media Films
Screen Media Ventures, LLC, a leading global independent motion picture distribution company with a broad distribution network that includes US and international theatrical, home video, television, cable and new media distribution, with one of the largest independently owned motion picture libraries in the world. In 2011, Screen Media launched its wholly-owned ad-supported streaming channel Popcornflix, which is now available in multiple international territories and soon to expand worldwide. The Company was founded in 1999 and is headquartered in New York City. For more information, visit www.screenmedia.net.
Safe Harbor Statement
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YOU On Demand
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SOURCE YOU On Demand Holdings, Inc.