NEW YORK, Oct. 9, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: CSCW) (the "Company", or "Color
Star"), a company engaged in the businesses of providing online and
offline paid knowledge services for the media, entertainment and
culture industries globally, today announced that it, in
celebration of its planned Color World App upgrade with the
official launch of interactive live video streaming feature which
is scheduled on October 15, 2020,
will launch a series of interactive live events featuring its
growing band of Star Teachers.
The first event (the "Event") featuring "Star Teacher" Julaiti
is scheduled for 8:00 p.m. Beijing
Time (or 8:00 a.m. ET) on
October 17, 2020. Julaiti is a
20-years old musician who has gained increasing popularity among
China's Gen Z in recent years,
following his Top 15 Finalist finish on the "Super Boy 2017", a
highly acclaimed musical competition series on Hunan Satellite TV,
and his invited performance at the CCTV New Year's Gala in 2019.
The Event will give Color World App users a unique opportunity to
tune in and interact with Julaiti in a live and intimate setting.
"While our platform is adding new features and launching new
programs, our band of 'star teachers' is expanding globally, and
our fans, followers, and users are exploding, Color Star is
evolving at a lightning-fast pace with the aspiration to build a
leading paid knowledge services platform which connects artists and
celebrities with fans and followers," said Luke Lu, Chairman and Chief Executive Officer of
Color Star.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) offers online
and offline paid knowledge services for media, entertainment and
culture industries globally. Its business operations are conducted
through its wholly-owned subsidiaries Color China Entertainment
Ltd. and CACM Group NY, Inc. The Company's online education is
provided through its Color World music and entertainment education
platform. The Company also offers after-school entertainment
tutoring in New York via its joint venture entity Baytao
LLC. More information about the Company can be found at
www.colorstarinternational.com.
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Specifically, the Company's
statements regarding the proposed acquisition of FENT are
forward-looking statements. Forward-looking statements are not
guarantee of future performance and involve risks and uncertainties
that may cause the actual results to differ materially from the
Company's expectations discussed in the forward-looking statements.
These statements are subject to uncertainties and risks including,
but not limited to, the following: the Company's goals and
strategies; the Company's future business development; product and
service demand and acceptance; changes in technology; economic
conditions; the growth of the educational and training services
market in China and other
countries where HHT conducts its business; 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 and other
risks contained in reports filed by the Company with the Securities
and Exchange Commission. For these reasons, among others,
investors are cautioned not to place undue reliance upon any
forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the U.S.
Securities and Exchange Commission, which are available for review
at www.sec.gov. The Company undertakes no obligation to
publicly revise these forward–looking statements to reflect events
or circumstances that arise after the date hereof.
For more information, please contact:
Tony Tian, CFA
Email: ttian@weitianco.com
Phone: +1-732-910-9692
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SOURCE Color Star Technology Co., Ltd.