Shane McMahon Named Vice Chairman Of YOU On Demand VOD Company In China
For those curious what Shane McMahon is doing these days, SeekingAlpha.com is reporting that he is now the Vice Chairman of YOU On Demand, the multi-platform entertainment company he founded and has been working with in China, which was referenced by Vince McMahon during his interview with Steve Austin on the first-ever live “Stone Cold Podcast” on the WWE Network.
Shane McMahon assumed the role of Vice Chairman of the Chinese-based Video On Demand (VOD) company after Xuesong Song stepped down from his position as Executive Chairman. Song will remain with the company on the board as a director.
In addition to appointing Shane McMahon as the new Vice Chairman, the company made a number of changes this week, including adding two members to its’ board. Bruno Wu, the founder and CEO of Sun Seven Stars Media Group — a company that invested ten million dollars in YOU On Demand — was elected as the new Chairman of the company.
YOU On Demand (NASDAQ: YOD) is up 1.9% after making the changes this week. For more information on the company Shane McMahon is trying to make his own name in, visit YOD.com.