NEW YORK, 25 October 2021 / PRNewswire / – Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “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, today announced that its owned subsidiary Exclusive Color China has officially entered into an agreement with Coldwell Banker UAE will leverage Caldwell Banker UAE’s resources and strengths in international real estate to help Color Star secure venues for real estate related cultural tourism .
With the mature operational structure of Coldwell Banker UAE and its abundant resources in the Middle East, Europe, and United States, Color Star’s cooperation with the company is based on the enormous value they can bring. Coldwell Banker UAE is a world renowned real estate brokerage firm with 116 years of industry experience and 16 years of local experience in the UAE. The company is committed to providing the most professional and high quality real estate services and solutions to clients investing in real estate in UAE.
When implementing a strategic cooperation agreement, Color Star will entrust Coldwell Banker UAE with the selection of performance venues, filming locations, training bases, as well as the investment and development of other projects. real estate. In terms of business development, Color Star has focused on the combination of online entertainment through technology and offline physical projects. In recent years, with the rapid development of the Company’s business and the continuous expansion of the overseas market, related sectors have become involved. This year, a series of great Color Star moves – from full-scale performances to film site selection and training base, will require the right physical locations.
Douglas P. Menelly, Color Star communications director, commented, âReal estate is a mainstay of the global economy, and even for an entertainment technology company, some companies can be integrated. Meanwhile, as Color Star evolves into a composite business, cooperation with powerful international real estate companies can greatly improve the future development and trend of our overall business. “
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. You can find more information about the company 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 cooperation to locate suitable sites; 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 the 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.
Disclosures: Mr. Menelly’s services are provided to Color Star Technology Co., Ltd. under a formal agreement between Color Star Technology Co., Ltd. and Skyline Corporate Communications Group, LLC.
Skyline Corporate Communications Group, LLC will be compensated by Color China Entertainment Ltd., a wholly owned subsidiary of Color Star Technology Co., Ltd. (Nasdaq: CSCW), for providing investor relations services to the Company. Please see Disclaimer and Disclosure Statement 17 (b) here: www.skylineccg.com/disclosures
SOURCE Color Star Technology Co., Ltd.