---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

FORM 10-Q/A

(Amendment No. 1)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2015

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________to __________

Commission File Number: 000-19644



YOU ON DEMAND HOLDINGS,
INC.(Exact name of registrant as specified in its
charter)

|Nevada                                                               | 20-1778374                          
|-------------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (I.R.S. Employer Identification No.)

375 Greenwich Street, Suite 516New York, New York
10013(Address of principal executive offices)

212-206-1216(Registrant's telephone number,
including area code)

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes [X]     No [   ]

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Website, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).
Yes [X]     No [   ]

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of larger accelerated filer,
accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act.

|Large accelerated filer [   ] | Accelerated
      filer 
  [   ]
|----------------------------- | --------------------------------
|Non-accelerated filer [   ]   | Smaller reporting company [X]   

Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act). 
Yes [   ]     No [X]

---

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 23,835,370 shares as of May 12, 2015.

---

Explanatory Note

YOU On Demand Holdings, Inc. (the
Company) is filing this Amendment No. 1 (this Amendment) to its Quarterly
Report on Form 10-Q filed with the Securities and Exchange Commission (the
Commission) on May 14, 2015 for the quarterly period ended March 31, 2015 (the
Original Report) solely to refile Exhibit 10.1 (the Exhibit) to the Original
Report with revised redactions in response to comments received from the
Commission regarding a confidential treatment request submitted to the
Commission with respect to the Exhibit. In addition, as required by Rule 12b15
under the Securities Exchange Act of 1934, as amended, new certifications by our
principal executive officer and principal financial officer are filed as
exhibits to this Amendment.

This Amendment is an exhibit-only
filing. No other changes have been made to the Original Report. This Amendment
speaks as of the original filing date of the Original Report and does not
reflect any events that occurred at a date subsequent to the filing of the
Original Report or modify or update those disclosures therein in any way.
Accordingly, this Amendment should be read in conjunction with the Companys
filings made with the Commission subsequent to the filing of the Original
Report.

---

PART II - OTHER INFORMATION

Item 6. Exhibits

See Exhibit Index.

---

EXHIBIT INDEX

|Exhibit |                                                                                                                                                                               
|------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|No.     | Description                                                                                                                                                                   
|10.1*   | Mobile Phone Video-On-Demand
      (VOD) Business Cooperation Agreement dated March 26, 2015 by and between
      Zhonghai Video Media (Beijing) Co., Ltd. and C Media Limited
|31.1    | Certifications of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                      
|31.2    | Certifications of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                      

* Confidential treatment requested as to portions of the
exhibit. Confidential materials omitted have been filed separately with the
Securities and Exchange Commission.

---

SIGNATURES

In accordance with the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly
authorized on July 7, 2015.

YOU ON DEMAND HOLDINGS, INC.

By: /s/ Weicheng
      LiuName: Weicheng LiuTitle: Chief Executive
      Officer(Principal Executive
      Officer and an Authorized Officer)


---