You On Demand & 21CF Sign Licensing Agreement
YOU On Demand Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand"), a leading Video On Demand ("VOD") service provider in China delivering Hollywood movies and premium content to mobile and TV screens, has entered into a licensing agreement with Twentieth Century Fox Television Distribution ("Fox") for the SVOD rights in China to a broad selection of library feature films.
The titles will be available to subscribers of YOU On Demand's Subscription VOD (SVOD) platform and service, via mobile, Over-the-Top (OTT), digital cable and IPTV.
Some of the movies that will be available to YOU On Demand customers include recent worldwide box office hits and award winners such as: A-Team starring Bradley Cooper and Liam Neeson; Black Swan starring Academy Award winner, Natalie Portman; 10-time Academy Award nominated film, Master and Commander, starring Russell Crowe; Speed, starring Sandra Bullock and Keanu Reeves; Unstoppable, starring Denzel Washington and Chris Pine.
"Twentieth Century Fox's award-winning and blockbuster films demonstrate YOU On Demand's continued commitment to deliver the best premium content to our customers," said Shane McMahon, Chairman of YOU On Demand. "We are excited to be working with them in China as we bring their diverse library to all YOU On Demand platforms."
Gina Brogi, Executive Vice President of Worldwide Pay TV & SVOD at Twentieth Century Fox Television Distribution, added, "We are very pleased that this agreement with YOU On Demand will see many of our high quality feature films become accessible to viewers in China via the company's breakthrough SVOD service."