- Chinese video provider You On Demand (YOD) is up 2% after announcing an exclusive partnership with Ai Shang Media, the IPTV entity of China Network Television -- sole national broadcast controller of the entire country's IPTV platforms.
- The deal will see YOD and Ai Shang providing Hollywood film content to China's IPTV users, and YOD will have right of refusal on all movie content distribution.
- "This deal is particularly significant to YOD on multiple levels," says CEO Weicheng Liu. "First, it makes You On Demand the exclusive gatekeeper of Hollywood movie content to potentially 40+ million IPTV users. Second, it provides YOD, in addition to the typical SVOD and TVOD revenue split, a separate and additional recurring revenue that will be tied to its heavy involvement in CHINA IPTV operations and marketing and how those engines drive CHINA IPTV growth and expansion."