You On Demand licenses Twentieth Century Fox movies in China

Reuters

Updated 2 February 2015 at 10:14 am

(Reuters) - Chinese video-on-demand provider You On Demand Holdings Inc said it would show Twentieth Century Fox movies in China after the two companies signed a licensing agreement.

You on Demand's shares soared 44 percent at $2.95 (2 pounds) in morning trading.

Some of the movies that will be available to You On Demand's subscribers include A-Team starring Bradley Cooper and Liam Neeson, and Black Swan, starring Academy Award winner Natalie Portman, You On Demand said.

(Reporting by Subrat Patnaik in Bengaluru; Editing by Savio D'Souza)

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