Register

  • The password should be at least twelve characters long. To make it stronger, use upper and lower case letters, numbers, and symbols like ! " ? $ % ^ & )

Category: News

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Launches Artificial Intelligence Capabilities on Color Star APP to Create “Parallel Universe”

NEW YORK, September xx, 2021 /PRNewswire/–Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company focusing on the application of technology in the entertainment industry, today announces the launch of the first-edition artificial intelligence (AI) system on its global celebrity interactive platform, Color Star APP.

The current AI created by Color Star will focus on developing specific character images, where a particular image will be based on each registered user’s published works on the Color Star platform, including his or her music, dance, film, and animation works. This AI technology will also include capabilities and functions that can be used in the upcoming Color Star “map”, where users can shop, travel, and conduct business negotiations in virtual reality. The first-edition AI images launched will offer more than 1,000 image choices, and the scale of choices is still being expanded. In the future, more images will be launched for users to choose from.

Always committed to the application of entertainment technology, Color Star has continuously incorporated newer scientific and technological concepts into the Color Star APP software, combining entertainment with technology. With the launch of AI, the “parallel universe” concept espoused by the Company will gradually come to fruition. In the future, Color Star will further realize the concept of parallel universe through the implementation of augmented reality (AR) technology, which will allow a user to watch an online performance as if it were live. Users will also be able to interact and communicate with their favorite celebrities, and undertake activities such as shopping and business negotiations, all without leaving home. In addition, AI images in the Color Star APP will be used to represent and identify individual users on the internet. Through AI technology, one can overcome the limitations of reality, such as time, location, occupation, life circumstances, and so forth. Instead, each user will be able to create his or her own virtual universe with social interactions.

Mr. Basil Wilson, CEO of Color Star, commented: “Color Star has been making great efforts to develop products that can be combined with entertainment. For this purpose, we have set up a research and development base in Dubai. The Company’s AI system has completed its first phase of testing and application, with related products to be launched in succession; the new AR vision intelligence system currently under construction will also be launched in sequence. In the future, users will be able to realize a different self through Color Star regardless of their situation in the real world. This was one of our original goals in striving to create a parallel universe for our users.”

Color Star APP is currently available for direct download in both the Apple Store and Google Store. As Color Star’s applications are launched in batches, the Company believes it will bring more pleasant surprises and experiences to its global users.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com 

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Plans to Establish an International Business Unit to Seize Opportunities in the Metaverse

NEW YORK, September 13, 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 (AI) in the entertainment industry, officially announces plans to establish an international business unit in Dubai as part of its strategy to deepen high-tech efforts in capturing metaverse opportunities. While using virtual reality (VR) and augmented reality (AR) technologies, the Company will continue to develop smart technologies to enhance the Color Star virtual universe.

The word “metaverse” was originally created by science fiction writer Neil Stephenson in the 1992 novel Avalanche, which refers to a life-like virtual world that parallels the real world. People may reasonably spend most of their time in such a world. The concept of metaverse is similar to virtual reality, but surpasses virtual reality in terms of the grandeur and special meaning. With the ever-changing rules of global markets and impact of the pandemic, metaverse has become the focus of capital markets; more well-known, global technology companies are transforming into the metaverse. Renowned companies have begun to fight for market share as many people seem to have discovered the “New World” of metaverse.

As early as February this year, having received private equity funding, Color Star began research and development on a metaverse software, known as Color Star Metaverse, and continues to acquire software companies to form professional teams for collaboration in development and design of virtual communities and products. The goal of Color Star is not only to build a “parallel reality experience”, but also to create customized virtual characters and virtual scenes for Color Star Metaverse, where one can become his or her ideal self, and have experiences mimicking the real world. Color Star will also integrate the resources of celebrity artists and continue to host performances, interactions, product sales and other related content on Color Star Metaverse. At present, the Company has completed the first phase of Color Star Metaverse. With the establishment of the Dubai business division, the second phase of Color Star Metaverse will include the launch of VR scenes and complementary products that allow users to build various social, entertainment, daily life, and other visual experience scenes for their virtual self.

Mr. Basil Wilson, CEO of Color Star, commented: “We have already set foot in the metaverse field. While completing the first phase of the Color Star Metaverse, the Company also issued a series of merger announcements which are crucial to the establishment of a professional team and subsequent work on the Color Star Metaverse. We believe the Color Star Metaverse will present infinite possibilities for enterprises and the public, and all of this will be realized on our Color Star APP.”

As Color Star continues to make efforts and investments in new technologies, the Company has already created several technology products, including metaverse and non-fungible token (NFT); the R&D department is currently working to combine these two technologies. Color Star will soon launch metaverse products related to NFT, so that more entertainment scenes can be presented to the public through advanced technology.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com 

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Launches Non-Fungible Token (NFT) for Music Copyrights

NEW YORK, Sept. 7, 2021 /PRNewswire/ — Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company focusing on the application of technology and artificial intelligence (AI) in the entertainment industry, recently announced that all music copyrights on its celebrity interactive platform, Color Star APP, will be launched in the form of non-fungible tokens (NFTs).

As an entertainment technology company, Color Star is committed to combining advanced technology and AI with an entertainment focus. The Company makes full use of blockchain technology to encrypt copyrights of music, content, and videos to maximize the protection of creators’ rights and interests. With the great efforts and hard work of Color Star’s NFT R&D technical personnel, the Company has completed the production of its music copyrights in NFT form, with original music works to be introduced to the market soon after.

Mr. Basil Wilson, CEO of Color Star, commented: “Traditionally, the entertainment industry has mainly operated offline. However, since the pandemic, Color Star has worked hard to evolve and adapt to the changing landscape of entertainment. We have been working tirelessly to develop and expand the Company’s offline entertainment products and services through scientific and technological means to create an exceptional online experience for our users. Color Star has also been vigorously acquiring music, movie, and TV copyrights to make our copyright library more complete and diverse. While increasing our ownership of original works, we are using NFT technology to launch these copyrights, allowing better protection for authors and purchasers. We have also signed cooperation agreements with many professional NFT institutions around the world, and will launch more NFT entertainment products for our users to choose from in the future.”

The various entertainment technologies that Color Star is currently developing all have the focus of making entertainment a more enriching and realistic experience. The Company continues to invest in development and research in the fields of AI, augmented reality (AR), virtual reality (VR), and NFT, and believes that in the future, Color Star will create better products and services to enhance its users’ experience. The Color Star APP can now be found and downloaded in both the Apple Store and Google Store.

Color Star Technology Co., Ltd. Enters into Share Purchase Agree-ment with HNCCN to Jointly Create World’s Top 7D Internet Cafe Experience

NEW YORK, August xx, 2021 /PRNewswire/ — Color Star Technology Co., Ltd. (NASDAQ: CSCW), an entertainment technology company devoted to the application of technology and artificial intelligence (AI) in the entertainment industry (hereinafter referred to as “Color Star” or the “Company”), today officially announced plans to acquire more than 51% of Hainan Netgod Cyber Cafe Network Co., Ltd.’s (hereinafter referred to as “HNCCN”) equity. Based in Haikou, HNCCN is Hainan’s first internet cafe brand that offers a five-star service experience. Through this acquisition, Color Star hopes to integrate high technology and interactive experiences in        top international internet cafes, esports competitions, and other related services for the global market.

HNCCN specializes in internet access services, esports execution, and esports hotel operations. Over the years, HNCCN has maintained the status of being “Hainan’s most fashionable esports stadium,” focusing on attaining the corporate goal of becoming “Hainan’s benchmark esports stadium.” In 2015, HNCCN made another pioneering move that shook the industry by becoming the first to establish an esports arena. It was also the first in setting up a standard competition stage, viewing area, and live broadcast room. HNCCN equips the internet cafe with high-end professional equipment in order to provide a full range of high-quality services. Since the internet cafe’s opening, it has achieved a number of revenue records and partook in many national competitions. In 2016, HNCCN reached a strategic partnership with the renowned Edward Gaming (EDG) team, a professional esports organization, and together formed the Netgod Cyber Cafe esports team, which represented Hainan Province in the national esports event held in Shanghai by the National Sports Bureau. The team achieved excellent results.

In addition, HNCCN has built the first comprehensive, one-stop entertainment esports stadium, “The Trendy Esports Stadium.” In 2017, HNCCN, along with five other top internet cafe enterprises, jointly developed and operated a nationwide internet cafe membership platform. It conducted simulation transactions with tens of millions of internet cafe members across the country, converted offline physical stores and cross-industry members to become internet cafe members, and conducted a number of analysis and reviews to accumulate information. In 2020, after the pandemic subsided in Asia, HNCCN took the lead in establishing an esports hotel division, invested in and operated multiple esports hotels and esports guest rooms, and achieved excellent business outcomes. With multiple revenue sources, the fast-growing HNCCN is projected to bring in a profit over 20 million in fiscal year 2021.

Currently, internet cafes, esports experience arenas, and esports hotels are very popular among young people worldwide. In particular, esports competitions drew a large audience. This market presents a huge business opportunity. Color Star signed a non-binding acquisition agreement to purchase HNCCN shares, with the goal of collaborating with industry leaders to create world-renowned internet cafes, esports events, and esports hotels. At the same time, Color Star hopes to integrate high-technology in its products to bring a 7D experience to the public. Color Star hopes to utilize the full potential of its celebrity interactive platform, Color Star APP, to create top-notch esports events for online viewing and pay-on-demand audience. Color Star also hopes to invite world-class esports masters to serve as celebrity tutors for online lectures and exchanges, as well as develops a main virtual community and introduces a new mechanism for member entry. Altogether, this will bring members a unique interactive experience. With the pandemic easing, the combination of online and offline experiences will greatly attract the attention of members and fans.

Mr. Basil Wilson, CEO of Color Star, commented: “Having achieved good results in its existing business segments, HNCCN is highly regarded in its field. Acquiring HNCCN’s shares allows Color Star to own a flagship company in the internet cafe industry. Color Star looks forward to providing such an excellent company with a broader market, a focus on global consumers, and high-quality, high-standard products and services. Such a collaboration is also undoubtedly a boost to Color Star’s business and corporate profitability.”

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:

William Tu

WSkyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com

Color Star Technology Welcomes Shaq to the Team

Miguel Discart from Bruxelles, Belgique, CC BY-SA 2.0 via Wikimedia Commons

Entertainment has been at the center of society from before the advent of modern technology. And with advancements in the internet and mobile devices making the world a smaller place, entertainment options are right at your fingertips. But it’s no longer just enough to watch your favorite events, movies and games. The current culture’s entertainment demands are more successful when they are immersive.

In other words, people want to be part of the action and feel like they’re part of the game. They want to talk with the experts and meet the actors and sports stars to feel more connected with what they want to watch. And that’s not much different than hiring well-liked celebrities to promote products in TV commercials, only this time, they are directly reaching out to their fanbase. You!

Color China Entertainment and Shaquille O’Neal

Color Star Technology Co., Ltd (NASDAQ: CSCW) is a company that offers an online entertainment platform that uses concert videos, celebrity lectures, artist interactive communications and other products to add depth and education to its services.

On August 24, 2021, Color Star signed an agreement with its subsidiary Color China Entertainment to work with Shaquille O’Neal. Shaq agreed to become a celebrity instructor on the Color Star App, an entertainment-sharing and interactive platform. Using his extensive knowledge on the court, he will teach basketball-related content to fans near and far. Not only that, but he’ll share stories about his time as a basketball star.

More About Shaq

O’Neal, widely known as Shaq, started his career in college when he played for the LSU Tigers. From there, he was a first draft pick for the Orlando Magic in the NBA draft back in the early 1990s. He went on to play center for the Lakers, Cavaliers and Celtics at different times until he retired as one of the greatest basketball players of all time in 2011.

But Shaq didn’t merely fade into the background when he left the court; he remained in the public eye on TV, in video games, advertisements like for Pepsi (NASDAQ: PEP), acting and music. Over the years, he became a recognizable face and household name both on and off the court.

Looking Forward

Color Star hopes that the relationship with Shaq will draw the attention of fans to the app and lead to the growth of its entertainment platform. Bringing in legendary players like O’Neal could attract other celebrities to the app and give people the opportunity to learn more about the lives of the people they look up to. That could lead to access to a broader knowledge base for members now and in the future.

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Signs on World-Class Athlete David Villa Sanchez as Mentor on Color Star APP Platform

NEW YORK, August 26, 2021 /PRNewswire/–Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company focusing on the application of technology and artificial intelligence (AI) in the entertainment industry, today officially announces its cooperation with a world-class star David Villa Sanchez. He will join Color Star’s global celebrity entertainment sharing platform, Color Star APP, as a mentor, and become the second sports star to form a cooperation with Color Star after Shaquille O’Neal.

David Villa Sanchez was born on December 3, 1981 in Langreo, Asturias, Spain. He was a former Spanish football player and a striker. As a child, Villa was not tall but had a relatively stocky figure, so he earned the nickname “Gourd”. In 1992, Villa started playing soccer for Real Sporting de Gijón; in 2003, he joined Real Zaragoza; in 2005, Villa was selected for the Spanish national team. In the 2008 European Cup, Villa not only helped Spain win the European Cup, but also won the European Golden Shoe award with 4 goals. Villa played for Valencia CF for 5 years before joining FC Barcelona in 2010. He went on to win the 2011 Champions League title during this time with Barcelona. In 2013, Villa joined Atlético de Madrid and won the LaLiga championship that season, and in December 2018, Villa joined J-League Vissel Kobe. Then on January 1, 2020, after winning the Emperor’s Cup of Japan, Villa announced his retirement. Villa is known as one of the top scorers in Spanish history and one of the greatest soccer stars of his time.

The cooperation between Color Star and David Villa is a continuation of the Company’s increased efforts and participation in the sports arena. Color Star believes that as more sports stars join the Company platform, they will attract more new users to the Color Star APP. At the same time, Color Star is working towards building a more comprehensive multi-section place consisting of cultural, sports, and entertainment. Focusing on the core concept of “celebrity entertainment + cultural sharing”, Color Star APP invites celebrities and personalities from film and television, music, sports, and technology, to join and interact with fans from around the world, sharing their experiences and creating exclusive videos for fans to enjoy.

Mr. Basil Wilson, CEO of Color Star, commented: “We are very excited about our  collaboration with David Villa and being able to invite such an outstanding athlete to join the Color Star platform. Since soccer is one of the most popular and beloved sport in the world, Color Star will use this collaborative opportunity with Villa to promote the rising interest in soccer. At the same time, we will also actively cooperate with stars in other industries to provide more comprehensive cultural and entertainment content for our hundreds of millions of viewers from around the world. We believe that in the near future, Color Star will open up a whole new dimension in online interactive celebrity entertainment.”

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com 

Color Star Technology Co., Ltd. Announces Letter of Intent to Acquire Shares in Hainan Dadatu Network

NEW YORK, Aug. 25, 2021 /PRNewswire/–Color Star Technology Co., Ltd.’s (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”) wholly-owned subsidiary, Color China, today announced the signing of a letter of intent to acquire shares in Hainan Dadatu Network Technology Co., Ltd. (hereinafter referred to as “Dadatu”). Color China is expected to either acquire the majority of Dadatu’s outstanding shares, or invest directly in Dadatu’s planned U.S. IPO listing. In the near future, Color China plans to undertake in-depth collaborations in the development, global operations management, and distribution of mobile internet games. In addition, Color China will leverage Color Star’s experience in global strategic positioning and its overseas listing to provide an all-around interactive gaming experience to hundreds of millions of global users.

Dadatu was established in July 2019 with its main business focus on game development, distribution, and strategic operations for mobile users. It has a registered capital of RMB 10 million and has over 10 million users. Dadatu relies on a powerful online platform to develop into an online game company with game development as its core business. Its management team members come from first-tier gaming companies with access to abundant industry resources. Since its founding, Dadatu has released and operated hundreds of products and games, including 6 products developed fully in-house, and online games “Bright Sword,” “Fate of Ascension”, “Guanju Yipin,” “The Legend of Wu Sheng,” “Legend of Shabak,” “Gourd Baby,” “Golden Coin Rich,” “Shang Dao Master” and many others that have been well received by users. In particular, “I am in Jianghu” and “Doomsday Bloody Battle” achieved monthly sales of RMB 30 million and 40 million, respectively. Data from multiple sources show that Dadatu has comprehensive product offerings; utilizing analysis of game segmentation, precise positioning, and unique buying methods for product release, it has seen rapid growth in the user base and product revenue which prepare Dadatu to become an industry leader. Dadatu’s 2020 annual net income exceeded 15 million, and its performance signifies potential for rapid growth in 2021.

Through the share acquisition, Color China and Dadatu plan to jointly develop online games and expand in the fast-growing gaming market, leveraging the commercial advantages of both companies to promote continuous product improvement and attract more users via innovation and the use of artificial intelligence. Product diversification and the development of related products such as peripheral products, online game courses, among others, are expected to also become new revenue sources.

Basil Wilson, CEO of Color Star, commented: “Currently, mobile internet gaming is a huge market with billions of users around the world and unlimited growth potential. Through our cooperation with Dadatu, Color China expects to further expand in the online game industry to reach a larger market. In addition, this share acquisition will favorably influence the market value of our U.S.-listed parent company, Color Star. We believe Dadatu is a company with great potential, and hope this share acquisition will help Dadatu acquire an important position in the international mobile gaming market.”

The successful realization of this merger will be a new stepping stone for Color Star in the field of entertainment technology. Color Star believes that mobile internet games will experience explosive growth in the future. Whether via direct acquisition or IPO, Color Star will gain greater profit from the merger with Dadatu and the participation in the mobile game market.

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Signs Cooperation Agreement with NBA Legendary Superstar Shaquille O’Neal as Celebrity Mentor

NEW YORK, August 24, 2021 /PRNewswire/–Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company devoted to the application of technology and artificial intelligence (AI) in the entertainment industry, announced today the signing of a cooperation agreement between Color China Entertainment Co., Ltd. (hereinafter referred to as “Color China”), a wholly-owned subsidiary of Color Star, and Shaquille O’Neal (also known as “Big Shark”), a world-class basketball player and NBA Hall of Fame star. The two parties formally reached an agreement on March 29, 2021 for Shaquille O’Neal to become a celebrity instructor on the entertainment sharing and interactive platform of Color Star, known as Color Star APP. He will teach basketball-related content online, as well as share his experiences as a basketball star. Better known as “Shaq,” Shaquille O’Neal played for the Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers and Boston Celtics. During his NBA career, he was selected to the NBA All-Star team 15 times and won championship 4 times. He won 1 regular season Most Valuable Player (MVP) award, 3-time finalist for MVP, 3-time All-Star Game MVP, and was selected to the NBA’s best team of the year 15 times. O’Neal became one of the most dominant centers in the NBA and was selected as one of the NBA’s Top 50 Superstars. In the summer of 1994, he led the U.S. men’s basketball team Dream Team II to win the World Championship gold medal and personally won the World Championship MVP. Two years later, he led Dream Team III to win the 1996 Atlanta Olympic gold medal, becoming the only player in NBA history with 6 basketball top honors, including the world championship gold medal, the world championship MVP, the Olympic gold medal, the regular season MVP, the All-Star game MVP, and the finals MVP. In 2016, O’Neal was formally inducted into the Naismith Memorial Basketball Hall of Fame.

The cooperation between Color Star and O’Neal is a prelude to collaboration between the Color Star APP and sports stars. As an internationally recognized basketball superstar, O’Neal will be able to attract more fans to the Color Star APP, and as a celebrity entertainment interactive platform, Color Star will encompass celebrities in the entertainment industry as well as in the sports arena. In the future, Color Star APP will have opportunities for in-depth collaboration with more celebrities in other industries. With the addition of new celebrities, the Company believes there will be new breakthrough and increases in the number of APP users.

The CEO of Color Star, Mr. Basil Wilson, commented: “We are particularly pleased to be able to invite legendary NBA stars such as Mr. O’Neal to join our platform. What he brings to this collaboration is not only in-depth basketball knowledge, but also more sports fans to the Color Star platform. In the future, we will continue to invite more world-class athletes to join our Color Star team, so that our members can access broader knowledge sharing.”

As an entertainment technology company, Color Star seeks to integrate and promote multicultural industries together with intelligent technology. From entertainment performances to augmented reality, to sports events, Color Star is constantly meeting the needs of its members. This is particularly obvious in its Color Star APP, which sets it apart from other platforms. On the one hand, Color Star focuses on professionalism and influence by inviting industry stars and elites to become mentors on the platform, providing the most comprehensive knowledge to its current members while attracting new users through celebrity events. On the other hand, the Company offers diversified content that greatly enhances the satisfaction of its members, including entertainment, art, sports, technology, among others, giving users a multifaceted experience. Finally, through online and offline interactions, the Company enhances users’ cultural sharing and interactive experiences, forming a closed loop of “user – online services – enhanced experience” that ensures the steady operation of its related businesses while providing solid foundation for the Company’s current and future value creation.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; product and service demand and acceptance; changes in technology; economic conditions; 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.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com

Color Star Technology Co., Ltd. (NASDAQ: CSCW) to Present at the Diamond Equity Research Emerging Growth Invitational 2021 Virtual Conference on August 17, 2021

NEW YORK, August 16, 2021 /PRNewswire/–Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the

“Company”) today announced that it will be presenting at the upcoming Diamond Equity Research Growth Invitational virtual investor conference on August 17, 2021.

Color Star is scheduled to host a virtual presentation to investors, followed by a guided question and answer session. The event details are as follows:

Diamond Equity Research Emerging Growth Invitational

Date: Tuesday, August 17, 2021

Time: 10:20am-10:50am EST Registration:

Registration:

https://us02web.zoom.us/webinar/register/WN_5RBuAM7pSsuVq3_0oGJlvA

Diamond Equity Research (“Diamond”) brings a wide distribution network and experience connecting small capitalization companies and investors. Diamond’s history of successful events and small capitalization research provides a strong base to run successful virtual conferences and assist emerging growth issuers with visibility. Diamond has strong distribution capabilities to funds, family offices, high net worth individuals and retail investors, which focus on the small capitalization segment.

Each presenting company is assigned to a 20-minute presentation and Q&A session, a recorded and subsequently archived webcast for institutional and retail investors, and will receive a detailed investor attendee list from the presentation. The conference further provides an opportunity for Diamond analysts and issuers to interact. Investors may register for the conference at:

https://www.diamondequityresearch.com/conferences/

As a leading provider of company sponsored research, Diamond Equity Research provides institutional, quality research to emerging growth companies that are under the radar. It is fact oriented and provides no formal buy or sell recommendations or price targets. Diamond Equity Research is an approved sell-side provider on premiere institutional investor platforms including FactSet, Morningstar, and Thomson One. The firm is headquartered in midtown Manhattan. For more information, visit

www.diamondequityresearch.com

The CEO of Color Star, Mr. Basil Wilson, commented: “We are very much looking forward to participating in this event. It is a great opportunity to gain exposure for our company with a network of small capitalization focused investors, in a streamlined and accessible setting. We also believe this event will bring many more successful communications between the Company and our investors.”

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC

One Rockefeller Plaza, 11th Floor

New York, NY 10020

Office: (646) 893-5835

Email: wtu@skylineccg.com

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Begins Ticket Sales for Dubai Concert Event to be Held on July 23rd

NEW YORK, July 14, 2021 /PRNewswire/ — Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), in partnership with the Dubai Tourism Bureau, will hold the first Color Star APP live music concert on July 23rd at the Dubai International Convention and Exhibition Center. Tickets are currently sold on platinumlist.net with high demand.

The live concert in Dubai will allow audiences worldwide to enjoy the infinite charm of Color Star music. In a global environment impacted by the pandemic, confidence and hope are precious. Despite the difficulty during the downturn, Color Star has discovered opportunities in crisis, accumulating resources to make this live performance happen. With the integration of technology and innovation, and the captivating experience of stage and live music, Color Star will once again prove its excellence in hosting large-scale performances.

For the upcoming Dubai concert, Color Star invited Arab mega stars Aseel Hameem and Walid Al Sham, the Queen and King of the Arabic-speaking world. Owning a massive fan base, data shows that together they have nearly 3 billion followers on social media. Color Star believes they will draw many fans to the event and help drive the event’s profitability. Before performance starts, the celebrities will conduct real-time broadcasts through Color Star APP, Color Star’s online celebrity platform, to interact with global audiences. This will help drive Color Star APP’s on-demand traffic and increase the number of our global users.

In addition, the Dubai concert on July 23rd will be the first time the Company uses an augmented reality (AR) intelligence system, allowing online audiences to interact with celebrities and creating a brand-new online concert experience. The Dubai concert will be a prelude to Color Star’s plans to resume live concerts worldwide. The Company expects to hold more than 50 global concerts within a year, with some to be broadcasted real-time via the interactive celebrity platform Color Star APP, allowing audiences around the world opportunities to enjoy top-notch concerts at home.

The CEO of Color Star, Mr. Basil Wilson, commented: “The Arab region has a population of 420 million people with vast cultural and entertainment needs. Through this performance, we hope to not only promote the local entertainment industry, but also gain recognition of the company in the Middle East. We invited two super influential celebrities from the region to help drive ticket sales and increase our fan base via live performances and online interaction. This will greatly boost the business of Color Star and lay the foundation for the launch of other live performances. We hope to seize the opportunity to provide entertainment in the Middle East, and to focus on business development in the region this year. In order to deepen our connections in the Middle East, we are applying for a secondary listing on Nasdaq Dubai. I am confident that Color Star will not only bring outstanding music performances to the world, but also create high-quality cultural and entertainment projects in the future.

In the meantime, the Company is also planning live concerts and music festivals in multiple U.S. cities for October 2021, reopening its live music business. In the future, these concerts and music festivals will continue to contribute to the Company’s copyrights, as well as generate additional revenue from ticket sales, advertising sponsorship, and among others, to increase the company’s operating income. In conjunction with online content, Color Star will be able to attract more fans and members for virtual cultural entertainment and increase on-demand member volume.

About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: 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; 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 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.

For more information, please contact:
William Tu
Skyline Corporate Communications Group, LLC
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: wtu@skylineccg.com 

#iguru_button_6146e4b42579f .wgl_button_link { color: rgba(255,255,255,1); }#iguru_button_6146e4b42579f .wgl_button_link:hover { color: rgba(255,255,255,1); }#iguru_button_6146e4b42579f .wgl_button_link { border-color: rgba(255,255,255,1); background-color: transparent; }#iguru_button_6146e4b42579f .wgl_button_link:hover { border-color: rgba(255,255,255,1); background-color: rgba(196,187,229,0.26); }#iguru_button_6146e4b426822 .wgl_button_link { color: rgba(255,255,255,1); }#iguru_button_6146e4b426822 .wgl_button_link:hover { color: rgba(255,255,255,1); }#iguru_button_6146e4b426822 .wgl_button_link { border-color: rgba(255,255,255,1); background-color: transparent; }#iguru_button_6146e4b426822 .wgl_button_link:hover { border-color: rgba(255,255,255,1); background-color: rgba(196,187,229,0.26); }