Posted: October 7, 2021 at 9 a.m. EDT|Update: 54 minutes ago
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 focused on the application of technology and artificial intelligence (AI) in the entertainment industry. entertainment, announced today that the collaborative video, starring former Spanish national football star David Villa Sanchez, has completed filming in Madrid, Spain, and is now in post-production editing.
Cooperation between Villa David and Color Star is a manifestation of the Company’s continued development in the field of sports. Its global celebrity interactive platform, the Color Star app, cooperates not only with celebrities in entertainment, but also with those in sports. Mr Villa is the second sports star to sign a collaboration agreement with Color Star, after the basketball giant Shaquille O’neal. The video, featuring Mr. Villa, will be broadcast exclusively on the Color Star app. In this video, Mr. Villa will share his professional experience and understanding of football culture with fans around the world. In the near future, Color Star will continue to cooperate with top athletes from other sports fields, to share their professional experiences with a global audience on the Color Star application platform.
Sir. Basil Wilson, CEO of Color Star, commented: “The shooting in Spain has been completed to our satisfaction and with great success. Our collaborative video with Mr. Villa is just the start. In the future, we will have further cooperation with him. We hope that through collaborative efforts with these stars, we can help fans and viewers better understand their work and life, and get to know them on a more personal level. To that 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 as virtual reality, so that users can enjoy a more rewarding experience. At the same time, the company will host interactive celebrity events online and offline and offer live broadcasts through the Color Star app, allowing a wider 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 around the world.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an entertainment and education company providing online entertainment shows and online music education services. Its business activities are conducted through its wholly owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is delivered through its Color World music education and entertainment platform. More information about the Company can be found at www.colorstarinternational.com
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding future plans, objectives, goals, strategies, events or performance, and assumptions underlying statements and other statements that are other than statements of historical fact. When the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate” or similar phrases that do not relate solely to historical matters, it makes forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties which may cause actual results to differ materially from the Company’s expectations set forth in forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the objectives and strategies of the Company; the future business development of the Company, including the development of the metaverse project; demand and acceptance of products and services; technological changes; economic conditions; the growth of the education and training services market in China and other countries where CSCW operates; 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 risks and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these and other reasons, investors are cautioned not to place undue reliance on any forward-looking statements contained in this press release. Additional factors are discussed in documents filed by the Company with the United States Securities and Exchange Commission, which are available for review at www.sec.gov. The Company assumes 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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