NEW YORK, Oct.7, 2021
/PRNewswire/--Color Star Technology Co., Ltd. (NASDAQ: CSCW)
("Color Star" or the "Company"), an entertainment technology
company with a global network that focuses on the application of
technology and artificial intelligence (AI) in the entertainment
industry, announced today that the collaborative video,
featuring former Spanish national football star David Villa
Sanchez, has completed filming in Madrid, Spain, and is now in
post-production editing.
The cooperation between David
Villa and Color Star is a manifestation of the
Company's continued development in the sports field.
Its global celebrity interactive platform, Color Star
app, cooperates not only with celebrities in the field of
entertainment, but also with those in sports. Mr. Villa is the
second sports star to sign a collaboration agreement with
Color Star, after basketball giant Shaquille O'Neal. The video, featuring Mr.
Villa, will be exclusively broadcast on the Color Star app. In
this video, Mr. Villa will share his professional experience
and understanding of soccer culture with fans from around
the world. In the near future, Color Star will continue to
cooperate with top athletes in other sports fields, to share their
professional experiences with global audiences on the Color
Star app platform.
Mr. Basil Wilson, CEO of Color
Star, commented: "The filming in Spain was completed to our satisfaction
and with great success. Our collaborative video with Mr. Villa is
just the beginning. In the future, we will have
additional cooperation with him. We hope that through
collaborative efforts with these stars, we can help fans
and viewers understand their work and life better, and get to
know them on a more personal level. To this end, we hope to
launch a series of live broadcasts to allow fans to better connect
with their idols."
In the near future, Color Star will launch virtual reality
(VR)videos. Celebrity videos will also be launched in
VR form, so that users can enjoy a more enriching
experience. At the same time, the Company will host online
and offline celebrity interactive events and provide live
broadcasts through the Color Star app, thereby allowing a
broader audience to participate. Color Star believes that
the launch of Mr. Villa's exclusive video, and the presence of
other sports stars in the future, will bring
many benefits to the Company, including better engagement
with millions of sports fans worldwide.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an
entertainment and education company that provides online
entertainment performances and online music education services. Its
business operations are conducted through its wholly-owned
subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc.
The Company's online education is provided through its Color World
music and entertainment education platform. More information about
the Company can be found at www.colorstarinternational.com
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are
not guarantee of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's
future business development, including the development of the
metaverse project; product and service demand and acceptance;
changes in technology; economic conditions; the growth of the
educational and training services market
in China and
other countries where CSCW conducts its business; reputation and
brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions and assumptions underlying or related to any of the
foregoing and other risks contained in reports filed by the Company
with the Securities and Exchange Commission. For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company's filings with the
U.S. Securities and Exchange Commission, which are available for
review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward–looking statements to
reflect events or circumstances that arise after the date hereof
unless required by applicable laws, regulations or rules.
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SOURCE Color Star Technology Co., Ltd.