Tuesday, January 4, 2011

Youku Partners With Hollywood.. Pops After Hours (YOKU)

This week is shaping up to be quite active with spot gold off big, and lots of individual take over chatters; confirmed and unconfirmed. This leads me to believe we are going to see more of this type of PR as the chatter and deal space plays follow the leader.

The news after hours in YOKU sent her shares from under 36 to almost 39. Looks she will see over 39 before the AH session is over.

() "China's leading Internet television company, announced today that it has partnered with a majorHollywood studio on transactional on-demand streaming for one of the hottest films through Youku Premium.
The movie Inception from Warner Bros, one of the top films of 2010, is now available on Youku Premium, Youku's beta on-demand paid video service. In addition to online on-demand broadcast rights to Inception, Youku also has online resale rights for the film. Youku Premium was launched in beta in early 2010, enabling users to watch advertisement-free premium content, such as high-definition movies."