AB Cinemas Executed WARNER BROS. DISTRIBUTING INC. UNITED STATES BASIC AGREEMENT
AB International Group Corp. (OTC: ABQQ) announced it has secured licenses from Warner Bros. for theatrical exhibitions of Black Adam and Don’t Worry Darling at its Mt. Kisco Theater in New York. This partnership adheres to the Warner Bros. UNITED STATES BASIC AGREEMENT signed with AB Cinemas NY, Inc. The company, focused on intellectual property and movie investments, plans to expand its theater operations across the U.S. and is developing a video streaming service, ABQQ.tv, to tap into the growing streaming industry.
- Secured Warner Bros. licenses for major film releases, enhancing revenue potential.
- Plans to expand theater operations nationwide, potentially increasing market presence.
- Developing ABQQ.tv for streaming services, aiming to enter a lucrative market.
- None.
NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced its AB Cinemas have Warner Bros. licenses for theatrical exhibition of “Black Adam” and “Don’t Worry Darling” at its Mt. Kisco Theater NY. This is executing the WARNER BROS. DISTRIBUTING INC. UNITED STATES BASIC AGREEMENT signed by Warner Bros. and AB Cinemas NY, Inc. an ABQQ company.
About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual properties. We are engaged in the acquisition and distribution of movies. The Company plans engages operation movie theaters in NY into nationwide. The Company engages highly anticipated video streaming services, targeting the global multi-billion dollar and growing video streaming industry. The online service will be marketed and distributed in the world under the brand name ABQQ.tv. ABQQ.tv is expected to generate a new and profitable revenue stream immediately following its launch, derived from its hybrid subscription and advertising business model. The company owns the IP of the NFT movie and music marketplace (NFT MMM) as the unique entertainment industry Non-Fungible Token.
For additional information visit www.abqqs.com and www.ABQQ.tv.
Forward-Looking Statements
This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company's management team and statements relating to the Company's transformation, financial and operational performance including the acceleration of revenue and margins, and the Company's overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Groups markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.
Investor Relations Contact:
Jeff Deng
(212) 918-4519
corp@abqqs.com
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