YOU On Demand Completes Deal With Miramax For Video On Demand In China

NEW YORK, April 25, 2012 /PRNewswire/ -- YOU On Demand Holding, Inc.'s (OTCBB: CBBD) PRC joint venture, China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform, announced that it has signed a deal with Miramax to distribute films from its renowned library for Transactional Video On Demand (TVOD).

The titles represent some of the top films in movie history ranging from the Oscar® winning There Will Be Blood and Chicago to pop culture icons like Pulp Fiction and the Scream series. 

"The Miramax library includes some of the best known, award winning and critically acclaimed films Hollywood has to offer," said Shane McMahon, Chairman and CEO of YOU On Demand.  "We are very excited to add Miramax films to the YOU On Demand platform."

Miramax now joins YOU On Demand's content partner family including Warner Bros., Disney, Lionsgate, Magnolia, K2 Communications, Gravitas Ventures, American Media Works and Film Buff.

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 plans to offer 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.

SafeHarbor Statement

This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

CONTACT:
Jason Finkelstein
YOU On Demand
212-206-1216
[email protected]

Stuart Zakim
Bridge Strategic Communications for YOU On Demand
732-754-9051
[email protected]

SOURCE YOU On Demand Holdings, Inc.