New York – Xuechu He, who was named #38 on Forbes richest Chinese list in 2010 with a net worth of RMB 12 billion, purchased a stake in YOU On Demand from C Media Limited ("C Media"), a mobile video service provider in China, in a private stock transaction. He purchased 2,285,715 restricted Series E convertible preferred shares. "Mr. He has great appreciation for C Media's long-term strategic view of YOU On Demand and its ability to capitalise on China's fast-growing mobile, OTT and … [Read more...] about Xuechu He invests in YOU On Demand
YOU On Demand
YOU On Demand launches YOU Cinema on Xiaomi OTT set-top boxes
New York – YOU On Demand Holdings, Inc., a multi-platform entertainment and Video On Demand company in China, announced on April 28 that its YOU Cinema movie subscription service made its commercial debut on the Xiaomi over-the-top (“OTT”) set-top box as part of YOU On Demand's previously announced distribution deal with China Network Television's (CNTV) subsidiary, Future TV Co. Ltd. Future TV, operating under CNTV's Internet TV broadcasting control license, provides OTT … [Read more...] about YOU On Demand launches YOU Cinema on Xiaomi OTT set-top boxes
YOU On Demand expands deal with Miramax
New York – YOU On Demand Holdings, Inc., a multi-platform entertainment and video on demand company in China, announced the expansion of its cooperation to offer feature films from global film and television studio, Miramax, via YOU On Demand's mobile service on April 4. YOU On Demand will now make available Miramax's library titles including Oscar®-winners Chicago and The English Patient, through its Subscription Video On Demand (SVOD) package and via its Transactional Video On Demand … [Read more...] about YOU On Demand expands deal with Miramax
YOU Kids On Demand subscription service launched in China
New York – YOU On Demand Holdings, Inc., a multi-platform entertainment and video on demand company in China, announced on March 13 that it has signed agreements with Nelvana Enterprises, Sesame Workshop and HiT Entertainment Ltd. to offer popular children's titles through its brand new YOU Kids On Demand subscription platform, which will be launched later this year. Additional details will be released closer to the platform's debut. All three deals allow for distribution across digital … [Read more...] about YOU Kids On Demand subscription service launched in China
C Media invests US$2 million in YOU On Demand
New York - YOU On Demand Holdings, Inc., the first national Video On Demand (VOD) platform in China, has announced that C Media Limited, a leading China-based mobile video service provider, has raised its aggregate strategic investment in YOU On Demand. C Media has increased its present stake to US$6 million with a US$2 million Convertible Bridge Note financing. The Bridge Note will convert to Series E Convertible Preferred Stock upon consummation of the proposed Phase 2 investment … [Read more...] about C Media invests US$2 million in YOU On Demand
YOU On Demand scores US$4m investment
New York, U.S. - YOU On Demand Holdings, Inc., the first national Video On Demand (VOD) platform in China, announced that C Media Limited, a mobile video service provider in China, has made a strategic investment in YOU On Demand totalling US $4 million, with the right to make an additional investment of between US $12 and $21 million. The C Media investment will allow YOU On Demand to more aggressively leverage the booming mobile video space. YOU On Demand … [Read more...] about YOU On Demand scores US$4m investment
