NEW YORK, Dec. 31, 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 that focuses
on the application of technology and artificial intelligence in the
entertainment industry, announced that on January 1, 2022, the online video of world famous
athlete David Villa Sanchez
(hereinafter referred to as "Villa") will be
officially launched in the sports section of its celebrity
interactive platform, Color Star app. Through the Color Star
platform, Villa will share his rich experience in the field of
football with fans worldwide and hopes that more people can learn
about him and the infinite charm of football.
In an effort to bring the highest-quality online celebrity
interactive videos and position Color Star app as a top-notch,
high-reputation celebrity interactive platform, the Company
officially announced its partnership with the world-class athlete
David Villa in August this year. Shortly after, in October,
the Color Star team travelled to Spain to record Villa's celebrity video. After
two months of meticulous production and preparation, the video will
be officially launched on the first day of
2022. Villa himself greatly valued the recording
experience, where he not only cooperated well with the Color Star
team, but also led the youth team to simulate various football
maneuvers and provided vivid explanations. Villa's
love and passion for football also instilled great admiration in
the on-site staff. Villa said, "This is my first-time sharing
knowledge about football through the internet. It's a new and
exciting experience, and though my audience is not up close, I will
try my best to show each football skill in a vivid way, so that I
am teaching the most practical skills and moves."
Sir Lucas Capetian, CEO of Color
Star, commented: "In Villa, I sense his persistence and love for
football and see his professionalism for the sport. Our mission at
Color Star is to create a celebrity interactive platform with the
most globalized and professional content, which means the
celebrities we sign with must be top professionals in their
respective sectors, and the content we bring must be unique. We
believe that the launch of Villa's video will support continued
growth in our user membership as well as the profitability of our
other related businesses."
At present, the Color Star app platform covers content including
sports, music, film and television, instrumental music and other
related sectors. In addition, other core components of the
Company's profitability include large-scale performances and
cultural and creative products. For celebrities who join the
platform, the future Color Star app will also serve as core
platform of the metaverse, creating virtual characters and related
products for these celebrities and building virtual spaces and
scenes so that platform members can experience a more colorful and
enriched life.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq: CSCW) is an
entertainment and education company that provides online
entertainment performances and online music education services. 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. 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. 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, including the development of the
metaverse project; product and service demand and acceptance;
changes in technology; economic conditions; the growth of the
educational and training services market internationally where CSCW
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
unless required by applicable laws, regulations or rules.
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SOURCE Color Star Technology Co., Ltd.