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YOU On Demand Adds Magnolia Pictures to Its Content Provider Family Including Disney, Warner Bros. and Lionsgate

NEW YORK, March 14, 2012 /PRNewswire/ -- YOU On Demand Holdings, Inc.'s (OTCBB: CBBD) PRC joint venture, China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform announced today that it has concluded a deal with Magnolia Pictures to distribute its library on a Transactional Video On Demand (TVOD) and Subscription Video On Demand (SVOD) basis.

Titles included in the deal will feature a range of scripted and non-scripted films such as "The Architect," starring Anthony LaPaglia and Viola Davis ("Oscar® nominated for "The Help"), "The Good Doctor," starring Orlando Bloom and Taraji P. Henson (Oscar® nominated for "The Curious Case of Benjamin Button"), "I'm Still Here," the documentary that followed actor Joaquin Phoenix when he retired from acting to become a Hip Hop artist and "Gonzo: The Life and Work of Hunter S. Thompson," a look at the life of the legendary journalist, narrated by Johnny Depp.

"We welcome Magnolia and their strong library to the YOU On Demand platform," said Shane McMahon, Chairman and CEO of YOU On Demand. "Their films help maintain our commitment to delivering the finest in home entertainment throughout China."

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

SOURCE YOU On Demand Holdings, Inc.

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