Color Star Technology in Development of Offline Music Festival Series

NEW YORK, Oct. 13, 2020 /PRNewswire/ — Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) (the “Company”, or “Color Star”), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, announced today that it plans to launch “Color World”-branded offline music festival series (the “Festival Series”), furthering the Company’s aspirations to build “Color World” into a leading entertainment-centric paid knowledge services platform which connects musicians, artists and celebrities with its growing bases of fans, followers and users. The Company is currently in discussion with multiple well-established music festival brands to co-organize up to 30 music festivals with different genres over the next five years in different cities across Asia and beyond.   

“As receding COVID-19 pandemic allows China and most Asian countries to gradually get back to normal, so will be the demand for outdoor music festivals in

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