Glory Star New Media Group Holdings Limited Set to Begin Production of the Third Season of Its Flagship Online Variety Show H...
May 27 2020 - 7:00AM
Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory
Star” or the “Company”), a leading mobile and online digital media
and entertainment company in China, today announced that it plans
to begin production of the third season of its flagship online
variety show Hello! Rapper in June 2020.
As one of the first music-centric variety shows
in China, the inaugural season of Hello! Rapper was produced by the
Company in 2017. Upon its release, the show was an instant online
success, collecting over 100 million views in total. In 2019, the
Company upgraded the show’s proven content model with the launch of
its second season, which consistently ranked as one of the most
popular talk shows on third-party video sharing platforms across
China during the period. The Company’s content teams are currently
in the process of story selection and script development with a
focus on further refining the show’s viewing experience and
branding. Set to begin production in June 2020, the latest
installment of Hello! Rapper is expected to help Glory Star
continue strengthening its ties with China’s youth.
“Our production of the much-anticipated variety
show Hello! Rapper heralds the full recovery of our content
operations, which were previously disrupted by the outbreak of
COVID-19 at the beginning of 2020,” commented Mr. Bing Zhang,
Chairman and Chief Executive Officer of Glory Star. “The successful
track record of our Hello! Rapper series provides us with
confidence that this latest season will not only enrich our content
ecosystem, but also help us to build stronger connections with a
younger demographic more efficiently. In addition, we are quite
excited about the updates we have made for this season, which build
on the show’s previous successes to deliver a more engaging and
vibrant experience. From a broader perspective, we firmly believe
that the third season of Hello! Rapper will help to us to further
diversify our show offerings, solidify our content leadership, and
fuel our robust growth momentum going forward.”
About Glory Star New Media Group
Holdings Limited
Glory Star New Media Group Holdings Limited is a
leading mobile entertainment operator in China. Glory Star’s
ability to integrate premium lifestyle content, including short
videos, online variety shows, online dramas, live streaming, its
Cheers lifestyle video series, e-Mall, and mobile app, along with
innovative e-commerce offerings on its platform enables it to
pursue its mission of enriching people’s lives. The company’s large
and active user base creates valuable engagement opportunities with
consumers and enhances platform stickiness with thousands of
domestic and international brands.
Safe Harbor Statement
Certain statements made in this release are
“forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. When used in this press release, the
words “estimates,” “projected,” “expects,” “anticipates,”
“forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,”
“will,” “should,” “future,” “propose” and variations of these words
or similar expressions (or the negative versions of such words or
expressions) are intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the Company’s control, that
could cause actual results or outcomes to differ materially from
those discussed in the forward-looking statements. Important
factors, among others, are: the ability to manage growth; ability
to identify and integrate other future acquisitions; ability to
obtain additional financing in the future to fund capital
expenditures; fluctuations in general economic and business
conditions; costs or other factors adversely affecting our
profitability; litigation involving patents, intellectual property,
and other matters; potential changes in the legislative and
regulatory environment; a pandemic or epidemic; and other factors
listed in the Company’s Annual Report on Form 10-K for the year
ending December 31, 2019 and in other filings made by the Company
with the Securities and Exchange Commission from time to time. The
Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by applicable law.
Such information speaks only as of the date of this release.
ContactsICR Inc.Jack WangTel:
+1 (646) 308-0546Email: gsnm@icrinc.com
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