Here are some details on Shane McMahon taking his YOU On Demand company public.
* According to an SEC filing, McMahon loaned his YOU On Demand company $3.0 million in May to cover expenses.
* The company reported a net loss of $4.8 million in Q1-2012 and generated revenue of $2.0 million during the quarter.
* YOU On Demand provides video on-demand services in China and is essentially in start-up mode.
* McMahon noted the company went public on Nasdaq to “position the company correctly for growth.”
* The investment money for advertising & marketing in China.
* The company plans to grow to 11 million homes in China by the end of the year after launching in three million homes late last year.
* McMahon also stated that having the support of major US studios with a 20-year exclusive license to distribute movies in China gives them security.
Credit: thewrap.com
 |
| WWE Tenth Anniversary Raw Shane McMahon Wrestling Action Figure MOC | |
 |
$5.99 End Date: Friday May-24-2013 16:51:51 PDT Bid now | Add to watch list |
| WWE Shane McMahon Wrestling Action Figure Jakks Titan Tron Live TTL WWF | |
 |
$4.99 End Date: Friday Jun-14-2013 16:33:57 PDT Buy It Now for only: $4.99 Buy It Now | Add to watch list |
| WWE Shane McMahon Wrestling Action Figure Jakks Titan Tron Live TTL WWF | |
 |
$5.99 End Date: Tuesday Jun-18-2013 22:48:24 PDT Buy It Now for only: $5.99 Buy It Now | Add to watch list |
| Shane McMahon WWE Jakks Pacific Bone Crunchin' Action Figure BCA WWF | |
 |
$5.99 End Date: Monday May-27-2013 20:28:05 PDT Buy It Now for only: $5.99 Buy It Now | Add to watch list |
