NEW
YORK, Nov. 30, 2022 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq: ADD) ("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, recently announced that
it has signed a strategic cooperation agreement with famed U.S.
director Bobby Roth, known for
Prison Break and Lost. Color Star has
invited Roth to reprise the role as celebrity mentor on its
ColorWorld Metaverse software platform ("Color World"), and has
also acquired the exclusive copyright license for related NFT
tokens.
Reportedly, Bobby Roth has
previously served as a celebrity mentor on the Color World platform
and has recorded a short series of film and TV masterclasses. With
his widespread popularity and top level of professionalism, the
courses were embraced and loved by fans and members as soon as they
were released. Since then, Bobby
Roth has formed a deep bond with Color Star and Color World.
Two years later, Color World has become a metaverse platform
focused on artificial intelligence + celebrity entertainment. The
Company has once again invited Roth to resume and carry on his
'color legend'. Roth will be the first celebrity director on the
metaverse platform, and more masterclass courses and exclusively
licensed NFTs will be made available. Bobby
Roth said, "I am very excited to be a Color World celebrity
mentor again. I am very interested in the platform and I look
forward to sharing my knowledge here with people who have a passion
for filmmaking." Bobby Roth is a
renowned Hollywood director who
has directed over one hundred episodes of television programs, 25
television movies, and 15 feature film productions to date, and is
known to audiences worldwide for his Prison Break, Lost, Agents
of S.H.I.E.L.D., Heartbreakers, Jack the Dog,
etc. Bobby Roth's feature films have
been exhibited at over 100 film festivals, including Cannes Film Festival, Berlinale and Sundance,
and in 2017, he received the "Lifetime Achievement Award" at the
Miami Network Television Festival. He was a founding member of the
Independent Feature Project and was the first Co-Chairman of the
DGA's Independent Feature Committee.
"We are honored to have such a talented and internationally
renowned director with us again," said Farhan Qadir, CEO of Color Star, "This time our
collaboration will be more diversified, not only in terms of online
masterclasses, but also regarding our exclusive copyright licensing
of NFT courses and more. We believe that with Bobby Roth's global
popularity and his outstanding career, we will attract more film
lovers to our platform. Our next step will be to invite more top
international celebrity artists to become Color World mentors, who
will then produce more masterclass courses in art, entertainment,
sports, etc., so that our members can have access to more
invaluable expert knowledge."
About Color Star Technology Co., Ltd.
Color Star Technology Co., Ltd. (Nasdaq: ADD) 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 Metaverse Pte. 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 ADD 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.