CHEERS Telepathy Production Mystical Realm of Mountains and Seas Season 1 Proved a Great Success

Rhea-AI Summary

Cheer Holding announced that its animation series 'Mystical Realm of Mountains and Seas' has garnered over 11 million views on various social media platforms since its release on June 5, 2024. The series, inspired by the ancient Chinese text 'The Classic of Mountains and Seas,' consists of five episodes. Leveraging advanced text-to-video technology and their Polaris Intelligent Cloud, Cheer Holding completed production in just three weeks, a significant reduction from the traditional five months. This marks a successful application of their AI technology in film and television, opening avenues for commercialization in the entertainment and advertising sectors.

Positive

• Over 11 million views across multiple social media platforms.
• Production completed in just three weeks, compared to the traditional five months.
• Successful application of AI technology in film and television.
• Potential for further commercialization in various business sectors including animation and advertising.
• Enhanced brand visibility and cultural outreach through heated discussions among audiences.

Negative

• Lack of concrete data on revenue generated from the views.
• No information on the cost of production and ROI.
• Uncertainty regarding the scalability and consistency of such rapid production success for future projects.

BEIJING, June 18, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, announced today that as of June 15, the total number of online view counts of topics including # Mystical Realm of Mountains and Seas and # CHEERS Telepathy on social media platforms, including TikTok, Kuaishou, Red, Tencent Video, iXigua and Weibo has exceeded 11 million, creating heated discussions among audiences since the first release on June 5, 2024.

Inspired by magnificent and imaginative ancient Chinese masterpiece, The Classic of Mountains and Seas. The first season has five episodes: The Tree of the Evil Spirit, The Beginning of the World in Chaos, Taoyuan Estate, The Birth of the Evil God, and The Door to Another Dimension. The story starts from Yue Niu and Yue Tu sealing the chaos together with animal tribes, restoring the peace of the mountains and seas.

Mystical Realm of Mountains and Seas is a complete work of the series of animations created based on the text-to-video technology, which is supported by the independent AIGC technology of Cheer Holding. The comprehensive use of the latest technological achievements such as controllable image generation, dynamic generation and text-to-video technology makes all links of the work creation possible, from art design to dynamic effect generation and then to the finalization of the animation miniseries, which traditionally the production would take at least 5 months. However, CHEERS Telepathy made it possible to finish the whole work in only 3 weeks, thanks to the large model of Polaris Intelligent Cloud.

The heated discussion on the five episodes of Mystical Realm of Mountains and Seas Season 1 demonstrates the great cultural charm of one of the three Chinese masterpieces of the Ancient Era. As the first among the AIGC series of text-to-video animations completed solely relying on the CHEERS Telepathy, this animation is a successful business application of the Company’s AI technology to film and television production.

With CHEERS Telepathy continues to make major breakthroughs in its underlying technology and its application greatly expanding, the Company will accelerate the commercialization of the technology in the market and further promote its application in business sectors including film and television, animation, and advertisement.

About Cheer Holding, Inc.

As a preeminent provider of next-generation mobile internet infrastructure and platform services in China, Cheer Holding is dedicated to building a digital ecosystem that integrates “platforms, applications, technology, and industry” into a cohesive system, thereby creating a new, open business environment for web3.0 that leverages AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that builds on cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.

Cheer Holding’s portfolio includes a wide range of products and services, such as Polaris Intelligent Cloud, CHEERS Telepathy, CHEERS Open Data Platform, CHEERS Video, CHEERS e-Mall, CheerReal, CheerCar, CheerChat, CHEERS Fresh Group-Buying E-commerce Platform, Digital Innovation Research Institute, CHEERS Livestreaming, variety show series, IP short video matrix, and more. These offerings provide diverse application scenarios that seamlessly blend “online/offline” and “virtual/reality” elements.

With “CHEERS+” at the core of Cheer Holding’s ecosystem, the Company is committed to consolidating and strengthening its core competitiveness, and achieving long-term sustainable and scalable growth.

For more information, please visit http://ir.gsmg.co/.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the occurrence of any event, change or other circumstances that could affect the Company’s ability to continue successful development and launch of its metaverse experience centers; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment and technological developments, competition, changes in regulation, or other economic and policy factors; disruptions or other business interruptions that may affect the operations of our products and services, the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors; other factors, risks and uncertainties set forth in documents filed by the Company with the Securities and Exchange Commission from time to time, including the Company’s latest Annual Report on Form 20-F filed with the SEC on March 22, 2023, as amended. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For investor and media inquiries, please contact:

Wealth Financial Services LLC

Connie Kang, Partner

Email: ckang@wealthfsllc.com

Tel: +86 1381 185 7742 (CN)

FAQ

What is the total number of views for 'Mystical Realm of Mountains and Seas' Season 1?

The total number of views has exceeded 11 million across platforms like TikTok, Kuaishou, Red, Tencent Video, iXigua, and Weibo.

When was 'Mystical Realm of Mountains and Seas' Season 1 released?

The series was released on June 5, 2024.

How many episodes are there in 'Mystical Realm of Mountains and Seas' Season 1?

The first season consists of five episodes.

What technology did Cheer Holding use for the animation production?

Cheer Holding used advanced text-to-video technology supported by their Polaris Intelligent Cloud.

How long did it take to produce 'Mystical Realm of Mountains and Seas' Season 1?

The production was completed in just three weeks.

What are some platforms where 'Mystical Realm of Mountains and Seas' was discussed?

The series was discussed on platforms including TikTok, Kuaishou, Red, Tencent Video, iXigua, and Weibo.

What is the theme of 'Mystical Realm of Mountains and Seas'?

The series is inspired by the ancient Chinese text 'The Classic of Mountains and Seas' and features stories about sealing chaos and restoring peace in the mountains and seas.

What is the significance of the Polaris Intelligent Cloud in this production?

The Polaris Intelligent Cloud enabled the rapid production of the series, cutting down the traditional production time from five months to three weeks.

What impact does this project have on Cheer Holding's business?

The project marks a successful application of Cheer Holding's AI technology in film and television, paving the way for further commercialization in various sectors.