{"id":471587,"date":"2021-04-06T08:03:51","date_gmt":"2021-04-06T12:03:51","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471587"},"modified":"2021-04-06T08:03:51","modified_gmt":"2021-04-06T12:03:51","slug":"color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services\/","title":{"rendered":"Color Star Technology Co., Ltd. Signs Strategic Cooperation Agreement to Offer Online Courses and Related Services"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 6, 2021<\/span> \/PRNewswire\/ &#8212; Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as <span>&#8220;<\/span>Color Star&#8221; or the <span>&#8220;<\/span>Company&#8221;),\u00a0announced today the signing of a strategic cooperation agreement between its wholly-owned subsidiary,\u00a0Color China Entertainment Limited (the &#8220;Company&#8221; or &#8220;Color China&#8221;), and School of Digital Arts &amp;\u00a0Media\u00a0(SDAM) of <span class=\"xn-location\">Shandong<\/span> University of Art &amp; Design (SUAD). SUAD is an influential design and art academy in <span class=\"xn-location\">China<\/span> and one of the entities that participates in the national project which focuses on integration and development bridging industry and education\u00a0in <span class=\"xn-location\">China<\/span>.<\/p>\n<p>Through\u00a0its interactive entertainment platform\u00a0Color Star APP, Color China expects to introduce educational resources from SDAM, including knowledge sharing and exchanges in professional fields of\u00a0digital media art, new media art, radio and television editing, film and television photography and production, theater film and television art design, animation, and photography. \u00a0The parties also\u00a0expect to have\u00a0diversified and in-depth collaboration in other related content services. <\/p>\n<p>The cooperation between SDAM and Color China\u00a0will provide an online learning\u00a0platform to teachers and students, help promoting various professional arts and establish more cooperation of\u00a0cultural and creative products and cultural copyrights that are offered by the platform. In the future, the two parties expect to have more cooperation with regard to\u00a0Color China&#8217;s offline business.\u00a0<\/p>\n<p>As the number of Color Star APP users exceeds\u00a01 million, a growing user base will inevitably generate more demand and attention,\u00a0and\u00a0in turn generates real teaching and learning results from these online course offerings. Once logged into the platform, a user can pay on-demand, and learn online in real time.<\/p>\n<p>Currently, Color China is developing\u00a0augmented reality (AR) technologies\u00a0as well as\u00a0AR-related innovative applications. The Company plans to establish AR theater, AR community, and an AR museum which will combine with the professional skills and expertise provided by\u00a0SDAM to\u00a0showcase on the Color Star\u00a0APP. <\/p>\n<p>The CEO of Color Star, Mr. <span class=\"xn-person\">Luke Lu<\/span>, commented: &#8220;Our cooperation with School of Digital Arts &amp; Media of SUAD\u00a0is the first step for further collaboration in the future. The Color Star\u00a0APP not only has celebrity tutors comprised of stars from all over the world, will also invite scholars and professors of prestigious universities to join the platform, providing our users with the professional and authoritative learning services. Our cooperation with professional colleges can be expanded to engage more student users, based on actual student needs, and we can develop professional-level courses as well as courses targeting various entrance exams. We believe the addition of student groups will further expand the number of users and user activity on our platform.&#8221;<\/p>\n<p>Recently, Color Star is moving forward to diversify its strategic cooperation arrangements. From artificial intelligence and new media art to cultural copyrights and art and media industrial parks, it is highlighting the core of &#8220;technology +\u00a0culture,&#8221; while combining online services with offline entities. By focusing on services that customers need, the Company will be able to realize its potential and improve its product offerings. The Color Star team is united and working to bring the best quality content to its global users and customers, as well as bringing more business opportunities for all partners.<\/p>\n<p>\n        <b><br \/>\n          <i>Forward-Looking Statement<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>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 &#8220;may,&#8221; &#8220;will,&#8221; &#8220;intend,&#8221; &#8220;should,&#8221; &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;project,&#8221; &#8220;estimate&#8221; or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.\u00a0 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&#8217;s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:\u00a0 the Company&#8217;s goals and strategies; the Company&#8217;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\u00a0China\u00a0and 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.\u00a0 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&#8217;s filings with the U.S. Securities and Exchange Commission, which are available for review at\u00a0<\/i><br \/>\n        <i><br \/>\n          <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a><br \/>\n        <\/i><br \/>\n        <i>. The Company undertakes no obligation to publicly revise these forward\u2013looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.<\/i>\n      <\/p>\n<p>\n        <b>For more information, please contact:<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">William Tu<\/span>\n      <\/p>\n<p>Skyline\u00a0Corporate\u00a0Communications\u00a0Group,\u00a0LLC<\/p>\n<p>One\u00a0Rockefeller\u00a0Plaza,\u00a011th\u00a0Floor<br \/>New\u00a0York,\u00a0NY\u00a010020<br \/>Office:\u00a0(646)\u00a0893-5835<br \/>Email:\u00a0<a target=\"_blank\" href=\"mailto:wtu@skylineccg.com\" rel=\"nofollow noopener noreferrer\">wtu@skylineccg.com<\/a>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN33072&amp;sd=2021-04-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services-301262591.html\">http:\/\/www.prnewswire.com\/news-releases\/color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services-301262591.html<\/a><\/p>\n<p>SOURCE  Color Star Technology Co., Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN33072&amp;Transmission_Id=202104060800PR_NEWS_USPR_____CN33072&amp;DateId=20210406\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 6, 2021 \/PRNewswire\/ &#8212; Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as &#8220;Color Star&#8221; or the &#8220;Company&#8221;),\u00a0announced today the signing of a strategic cooperation agreement between its wholly-owned subsidiary,\u00a0Color China Entertainment Limited (the &#8220;Company&#8221; or &#8220;Color China&#8221;), and School of Digital Arts &amp;\u00a0Media\u00a0(SDAM) of Shandong University of Art &amp; Design (SUAD). SUAD is an influential design and art academy in China and one of the entities that participates in the national project which focuses on integration and development bridging industry and education\u00a0in China. Through\u00a0its interactive entertainment platform\u00a0Color Star APP, Color China expects to introduce educational resources from SDAM, including knowledge sharing and exchanges in professional fields of\u00a0digital media art, new media art, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Color Star Technology Co., Ltd. Signs Strategic Cooperation Agreement to Offer Online Courses and Related Services&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471587","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Color Star Technology Co., Ltd. Signs Strategic Cooperation Agreement to Offer Online Courses and Related Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/color-star-technology-co-ltd-signs-strategic-cooperation-agreement-to-offer-online-courses-and-related-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Color Star Technology Co., Ltd. Signs Strategic Cooperation Agreement to Offer Online Courses and Related Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 6, 2021 \/PRNewswire\/ &#8212; Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as &#8220;Color Star&#8221; or the &#8220;Company&#8221;),\u00a0announced today the signing of a strategic cooperation agreement between its wholly-owned subsidiary,\u00a0Color China Entertainment Limited (the &#8220;Company&#8221; or &#8220;Color China&#8221;), and School of Digital Arts &amp;\u00a0Media\u00a0(SDAM) of Shandong University of Art &amp; Design (SUAD). SUAD is an influential design and art academy in China and one of the entities that participates in the national project which focuses on integration and development bridging industry and education\u00a0in China. Through\u00a0its interactive entertainment platform\u00a0Color Star APP, Color China expects to introduce educational resources from SDAM, including knowledge sharing and exchanges in professional fields of\u00a0digital media art, new media art, &hellip; Continue reading &quot;Color Star Technology Co., Ltd. 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(NASDAQ: CSCW) (hereinafter referred to as &#8220;Color Star&#8221; or the &#8220;Company&#8221;),\u00a0announced today the signing of a strategic cooperation agreement between its wholly-owned subsidiary,\u00a0Color China Entertainment Limited (the &#8220;Company&#8221; or &#8220;Color China&#8221;), and School of Digital Arts &amp;\u00a0Media\u00a0(SDAM) of Shandong University of Art &amp; Design (SUAD). SUAD is an influential design and art academy in China and one of the entities that participates in the national project which focuses on integration and development bridging industry and education\u00a0in China. Through\u00a0its interactive entertainment platform\u00a0Color Star APP, Color China expects to introduce educational resources from SDAM, including knowledge sharing and exchanges in professional fields of\u00a0digital media art, new media art, &hellip; Continue reading \"Color Star Technology Co., Ltd. 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