Shane McMahon’s Company Teams w/Disney For New Deal

Nick Paglino

Shane McMahonReuters.com is reporting that Shane McMahon's YOU On Demand Holdings has partnered up with Walt Disney Co to distrubute video on demand services in China. The following is an excerpt from the report:

The 42-year-old chief executive officer of YOU On Demand Holdings – a joint venture with China Home Cinema – had previously obtained the rights to distribute movies from Warner Brothers, a unit of Time Warner, and from Hollywood studio Lionsgate.

The latest agreement gives McMahon's company the rights to offer what it called "officially approved" Disney films both under subscription or through individual transactions, where movies are rented by consumers who watch them on their TV sets.

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