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Color Star Technology Co., Ltd. (Nasdaq: HHT) successfully broadcast its Color World Online Concert on September 9, attracting over half a million viewers worldwide and achieving over 10 million social media hits. The concert featured international stars, enhancing the company's profile in the entertainment and education sectors. Color World, its platform, offers celebrity-led educational content, targeting a broader market across 30 cities in 5 countries. CEO Biao (Luke) Lu envisions expanding offerings beyond concerts to include related entertainment and cultural projects.
Color Star Technology Co., Ltd. (Nasdaq: HHT) announces its "Fearless, Color World" online concert scheduled for Sept 9 at 9pm ET. The event features renowned artists such as Ashanti, Machine Gun Kelly, and Wiz Khalifa, with performances starting at 9:00 p.m. and concluding at 11:55 p.m. CEO Lu Biao expresses excitement about this unique concert, emphasizing future online programs through their upcoming app, "ColorWorld." The company aims to enhance its global presence in the music education sector through innovative services and collaborations.
Color Star Technology Co., Ltd. (HHT) launched its global online cultural entertainment platform, "Color World," on September 2, 2020, in Beijing. The platform will go live on September 10, 2020, alongside a cloud concert featuring international artists such as Wiz Khalifa and Na Ying. The company aims to promote cultural exchange and has established collaborations in several countries. CEO Lu Biao highlighted the platform's comprehensive features, integrating education and celebrity interaction. The company also noted potential risks related to the COVID-19 pandemic affecting operations and demand.
On September 2, 2020, Color Star Technology Co., Ltd. (Nasdaq: HHT) announced a strategic long-term agreement with the China-Korea Culture and Art Exchange Association. This partnership aims to leverage both organizations' strengths to enhance online star education, brand promotion, and develop offline training sites.
The CEO highlighted the lucrative potential of the Korean entertainment market, asserting that it will provide significant long-term benefits and revenue opportunities through peripheral merchandise sales.
Color Star Technology Co., Ltd. (Nasdaq: HHT) has announced a strategic agreement with Red Phoenix Entertainment, aiming to expand into sports education. This partnership will enhance Color China's offerings by integrating sports education and brand promotion into its services. The collaboration is expected to attract top athletes to its online education platform, thereby increasing user engagement. CEO Biao Lu emphasized that this alliance represents a milestone in the company's growth, enhancing operational efficiency through combined online and offline strategies.
Color Star Technology Co., Ltd. (Nasdaq: HHT) announced a strategic partnership with the Romanian Chamber of Commerce and Industry on Aug. 25, 2020. This collaboration aims to enhance cultural education, brand promotion, and star education services in Romania. Color China's upcoming online education platform will be promoted by the Chamber, leveraging its local influence. The partnership will involve collaborations with notable Romanian academic institutions, aiming to boost economic development post-pandemic. CEO Biao Lu emphasized the mutual benefits of this long-term alliance.
Color Star Technology Co., Ltd. (Nasdaq: HHT) announced its press conference for the Color World APP scheduled on September 2, 2020. The APP, developed by a leading software team, aims to provide a comprehensive online platform for entertainment education, featuring courses from celebrity tutors across various fields, including music and film. CEO Biao Lu emphasized its potential for rapid cultural education and business opportunities. The press conference will further introduce the APP's features and offerings.
Color Star Technology Co., Ltd. (Nasdaq: HHT) has announced a long-term strategic agreement with Thailand's "Sing Sian Yer Pao Daily News". This partnership aims to enhance cultural education and brand promotion, allowing Color China to expand its operations into Southeast Asia. The agreement includes launching a star online education service software, with the Daily News facilitating its promotion in Thailand, and fostering collaboration with local universities. CEO Biao Lu expressed hope for Color Star to establish a strong brand presence in Thailand through this initiative.
Color Star Technology Co., Ltd. (Nasdaq: HHT) has successfully completed the testing phase of its mobile application, 'Color Star', following its acquisition of Color China. The app aims to offer a diverse collection of celebrity tutorials and online courses in areas such as music and film. CEO Lu Biao emphasizes the importance of intellectual copyright and expresses confidence in the company's future through innovative profit models. The app promises interactive features connecting fans with celebrities, enhancing the global entertainment education landscape.
Color Star Technology Co., Ltd. (Nasdaq: HHT) has appointed Hung-Jen Kuo to its Board of Directors, bringing over 25 years of experience in global investment and business management. Kuo will chair the Nominating and Corporate Governance Committee and serve on both the Audit and Compensation Committees. Currently the Executive President of Fosun Capital, Kuo has held significant roles at Deutsche Bank and Russell Investments. His leadership is expected to enhance Color Star's operations in the music and entertainment education sector, strengthening stakeholder representation.
