YOU On Demand Announces 1,800,000 Common Secondary Offering

         YOU On Demand Announces 1,800,000 Common Secondary Offering

PR Newswire

NEW YORK, Dec. 14, 2012

NEW YORK, Dec. 14, 2012 /PRNewswire/ --YOU On Demand Holdings, Inc. (NASDAQ:
YOD) ("YOU On Demand" or the "Company"), China's leading national Pay-Per-View
(PPV) and Video On Demand (VOD) platform, announced today the pricing of an
underwritten public offering of its common stock. YOU On Demand has agreed to
sell 1,800,000 shares of its common stock at a price of $1.50 per share. The
shares are being sold under the Company's previously filed shelf registration
statement on Form S-3 (File No. 333-183689), which was declared effective by
the United States Securities and Exchange Commission ("SEC") on September 12,
2012. The Company has also granted the underwriters a 30-day option to
purchase up to 270,000 additional shares of common stock to cover
over-allotments, if any.Subject to the satisfaction of customary conditions,
the offering is expected to close on or about December 18, 2012.

Chardan Capital Markets, LLC acted as sole book-running manager of the
offering and National Securities Corporation and Maxim Group LLC are acting as

YOU On Demand intends to use the net proceeds from this offering for general
corporate purposes, which may include working capital as well as marketing and
promotion of its VOD and PPV services in China.

A base prospectus and prospectus supplement related to the offering have been
filed with the SEC and are available on the SEC's website, press release shall not constitute an offer to sell
or the solicitation of an offer to buy, nor shall there be any sale of, the
common stock in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.

Electronic copies of the prospectus supplement and prospectus relating to
these securities may be obtained, when available, from the website of the
Securities and Exchange Commission, or by contacting Chardan
Capital Markets, 17 State Street, Suite 1600, New York, NY, Attention:
Prospectus Department 1-646-465-9000.

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

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

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
( 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.


Jason Finkelstein

YOU On Demand


SOURCE YOU On Demand Holdings, Inc.

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