NEW YORK (TheStreet) -- YOU On Demand (YOD) was rising 19.74% to $3.08 on Thursday after the Chinese video on demand service announced that it had expanded its partnership with Disney to offer more Disney feature films through its service.
The expansion includes Disney titles such as Alice in Wonderland and Pirates of the Caribbean, along with Marvel titles through its Subscription Video on Demand (SVOD) service. Newer titles such as Thor: The Dark World and Saving Mr. Banks will also be available through the Transactional Video on Demand (TVOD) service.
"We are very proud to announce our expanded partnership with Disney as we continue to bring the best in entertainment to mobile users in China," said Chairman Shane McMahon in the company's statement. "Disney films define quality family entertainment and we're thrilled that YOU On Demand will be showcasing Disney content to the world's largest media audience. This partnership marks the next step in YOU On Demand's commitment to provide rich and diverse content to customers anytime and anywhere on a wide variety of platforms, including mobile, digital cable, IPTV, Over-the-Top and online."
TheStreet Ratings team rates YOU ON DEMAND HOLDINGS INC as a "sell" with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate YOU ON DEMAND HOLDINGS INC (YOD) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been weak operating cash flow."