BEIJING, July 1, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or
"HHT"), a company engaged in the business of providing education
services, today announced that its wholly owned subsidiary, Color
China Entertainment Limited ("Color China") has signed a
Broadcast and Educational Licensing Agreement with the famous
American director Bobby Roth.
Bobby Roth is a famous
Hollywood director. So far, he has
directed over 100 episodes of TV shows, 25 movies, and 13 cinema
films. Some of his most well-known projects include shows such as
"Prison Break," "Lost," and "Agents of SHIELD," and movies
including "Heartbreakers" and "Jack the Dog" to name a few.
Bobby Roth has also won honors at
more than 100 film festivals, including the Cannes Film Festival, Berlin Film Festival and Sundance Film
Festival, winning the "Lifetime Achievement Award" at the Miami
Internet TV Festival in 2017. He is a founding member of the
Independent Film Federation and the first Co-Chair of the
Independent Film Committee of the Directors' Union.
On June 30, 2020, Bobby Roth has signed a contract with Color
China to serve as a Star Teacher on the online education platform
"Color World." Bobby Roth will
provide those who are interested in film production with his vast
experiences with actors, producers, dancers, costume designers and
post-production from the director's perspective.
Management expects that its online education platform "Color
World" will continue to integrate the world's stars and
entertainment professionals as its teachers, giving students the
superior professional and practical learning experience.
Sean Liu, CEO of Color Star, said,
"We hope that our Color World platform can provide our students
with a new online experience that renders more professional
learning experience to our students compared to other traditional
online education platforms."
"Color Star is very honored to cooperate with Bobby Roth." Color Star's CEO Sean Liu further commented, "This agreement is a
prelude to our plan for cooperation with more global stars and
artists as teachers on Color World. We have prepared a list of one
hundred artists that we plan on reaching out to recruit as star
teachers for our online education platform. We believe that the
launch of Color World will establish new heights for our brand of
online entertainment and education."
In the future, Color Star plans on constantly updating its list
of star teachers, whom will bring their various expertise in music,
film, sports, animation, television, presentations, dance, art and
other entertainment industries. Color Star believes that these top
global celebrities and professionals can pass their precious
experiences on to pupils all over the world as teachers on our
platform, helping to instill the desire for knowledge in their
hearts.
About Color Star Technology Co., Ltd.
Color Star Technology, is a holding company whose primary
business is offering both online and offline innovative education
services. Its business operations are conducted through its
wholly-owned subsidiaries Color China Entertainment Ltd. and CACM
Group NY, Inc. The Company also anticipates providing an
after-school tutoring program in New
York via its joint venture entity Baytao LLC, and providing
online music education via a platform branded "Color World."
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include the
business plans, objectives, expectations and intentions of the
parties following the completion of the acquisition, and HHT's
estimated and future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These forward-looking statements reflect the current
analysis of existing information and are subject to various risks
and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections. All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements. The following
factors, among others, could cause actual results to differ
materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on HHT's operations, the demand
for the HHT's products and services, global supply chains and
economic activity in general. These and other risks and
uncertainties are detailed in the other public filings with the
Securities and Exchange Commission (the "SEC") by HHT. Additional
information concerning these and other factors that may impact our
expectations and projections will be found in our periodic filings
with the SEC, including our Annual Report on Form 20-F for the
fiscal year ended June 30, 2019.
HHT's SEC filings are available publicly on the SEC's website at
www.sec.gov. HHT disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Color Star Technology Co., Ltd.