Tag: Sun Seven Stars Media Group

NEW YORK: Shane McMahon’s YOU On Demand Chinese VOD platform says it has approved an investment proposal from Bruno Wu’s Sun Seven Stars. The news came as the service announced its Q3 results, which saw revenue drop to $476,000 from $645,000, with a net loss of $2.3 million, up from …

NEW YORK: The Chinese VOD platform YOU On Demand (YOD) and Bruno Wu’s Sun Seven Stars Media Group have reached a definitive agreement regarding the previously announced $10 million investment. The proposed transaction was unanimously approved by both companies’ boards of directors. It is expected to close in December, subject …