- ABC News accuses Center for Public Integrity of stealing Pulitzer-winning work
- Law firm that cleared N.J. Gov. Christie in ‘Bridgegate’ gave 10K to RGA, which he heads
- PETA ‘hopping mad’ at Michelle Obama for using real eggs at Easter Egg Roll
- Sneaky Nebraska toddler traps self inside claw machine game
- Biden to lead $600 million work force training effort
- Atheists’ Easter taunt to Christians: ‘Jesus is a myth’
- Miley Cyrus hospitalized, cancels Kansas City show
- Josh Romney swipes Harry Reid with photo tweet of dad paying taxes — ‘your paycheck’
- Despite Obamacare problems, some Dems want Sebelius to run for Senate: report
- Angry New Yorkers shred gun registrations in deadline day protests
China to get Disney films through YOU on Demand
SHANGHAI (AP) - Beauty and the Beast is heading to China. YOU On Demand, a major distributor of pay-per-view content in China, said Thursday it has signed an agreement with Disney Media Distribution to distribute films in the country.
Many Disney films would be available through its pay-per-view and subscription video services offered through an arrangement with the state-run CCTV’s Channel 6.
China has strictly limited the number and types of foreign films imported, but the market is heating up. Last week, during a state visit to the U.S. by Chinese Vice President Xi Jinping, the two countries reached an agreement to open the Chinese market wider to American films.
Also last week, DreamWorks Animation SKG Inc. announced plans to set up a $330 million joint venture in Shanghai to make Chinese animated and live action films.
Disney, which is building a theme park in Shanghai, has begun ramping up its business in China. It has licensed to the Chinese online video company Tudou Holdings Ltd. the right to show films and shows such as “Cars 2,” “Revenge,” and “Castle” to online customers on demand for a fee.
Still, limits remain. YOU says the films its mainland Chinese viewers can watch will be those that are “officially approved.”
YOU is headed by Shane McMahon, former executive vice president at World Wrestling Entertainment Inc. and the son of WWE Chairman and CEO Vince McMahon. The company’s headquarters are in Beijing and its main base of operations is in eastern China’s Shandong province.
It also has an licensing agreement with Warner Bros. Home Entertainment Group.
Although China is the world’s largest cable TV market, its state-dominated media industry can be a daunting environment, given constant but unpredictable moves by the authorities to assert greater control over content, especially for movies and television.
In the third-quarter of last year, YOU reported a net profit of $544,000, compared with a loss of $9,546,000 in a year earlier. The company says it expects its performance to improve with the recent introduction of its pay-per-view and subscription video services.
YOU on Demand: http://www.yod.com
TWT Video Picks
By returning to Christian roots, the nation can achieve greatness once again
- GOP writes legislation to deny Attorney General Eric Holder his salary
- Fuel-filled wings, ability to swarm: Pentagon offers glimpse at future of drone fleet
- Secret U.S. assessments show Afghanistan not ready to govern on own
- CARSON: Recovering Tocqueville's vision of American exceptionalism
- 'Culture of intimidation' seen in Nevada ranch standoff
- U.S. Navy to turn seawater into jet fuel
- Kirsten Dunst: Actress sparks feminist ire: 'You need a man to be a man'
- Nevada Bundy ranch standoff could leave dirt on Harry Reid reputation
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Atheists rush to stage Easter display: 'Jesus Christ is a myth'
Celebrity deaths in 2014
Top 10 handguns in the U.S.