The FTSE 100-listed commercial broadcaster said that there is as an "appetite" for a homegrown streaming service because "mainstream audiences are moving to subscription video on demand in large numbers".
Subscription video on demand is increasingly popular with consumers who love being able to watch what they want when they want to watch it.
In this case, Polone claims that the studio improperly charged a 10 per cent subscription video on demand
distribution fee, which reduced profits by $2 million (Dh7.34 million).
The services offer the most popular subscription video on demand
products, HBO On Demand and Cinemax On Demand(SM), as well as HBO GO(SM), HD feeds and multiplex channels.
"Subscription video on demand is changing how we watch TV.
The partnership is an ideal fit for the two businesses, as the cost of data is something that has deterred customers from embracing Subscription video on demand (SVOD).
YOU On Demand is a leading multi-platform entertainment service company delivering premium content, including leading Hollywood movie titles, to customers across China via Subscription Video On Demand
and Transactional Video On Demand.
(NASDAQ: YOD) said it has entered into a licensing agreement with Twentieth Century Fox Television Distribution for the subscription video on demand
(SVOD) rights in China to a broad selection of library feature films.
The Chernin Group brings assets as well as expertise to the venture, including contribution of its majority stake in Crunchyroll, a leading subscription video on demand
TELECOMWORLDWIRE-January 17, 2011-GTA TeleGuam launches subscription video on demand
TV offering(C)1994-2011 M2 COMMUNICATIONS http://www.m2.com