Glory Star Cooperates With E-Surfing Media, a Subsidiary of China Telecom, to Launch AR New Consumption Solutions
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Glory Star Cooperates With E-Surfing Media, a Subsidiary of China Telecom, to Launch AR New Consumption Solutions
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Glory Star Signs Annual Content Agreement with a Subsidiary of ByteDance
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BEIJING, March 9, 2021 /PRNewswire/ 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 has signed an annual content cooperation agreement (the Agreement ) with Beijing Youzhuju Network Technology Co., Ltd. ( Youzhuju ), a wholly-owned subsidiary of ByteDance Ltd. ( ByteDance ).
Youzhuju is the operating entity of Toutiao, which is ByteDance s content platform for Chinese language news and information. Under the Agreement, Youzhuju will provide to Glory Star Toutiao s real-time graphics and video content for integration into the Company s CHEERS video platform. The Agreement further provides that both Glory Star and Youzhuju will jointly develop and deploy software development kits and application program int
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Glory Star Enters Market for Intelligent IoT Terminals to Drive Development of Content Services
February 25, 2021 GMT
BEIJING, Feb. 25, 2021 /PRNewswire/ 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 has signed a content service agreement (the “Agreement”) with Hangzhou Beiying Network Technology Co., Ltd. (“Hangzhou Beiying”), a subsidiary of Dangbei Network Technology Co. Ltd. (“Dangbei Network”), the leading smart home entertainment solution developer and manufacturer. The Company has received the initial payment of RMB6 million from Hangzhou Beiying under the Agreement. The Company believes that the cooperation with Hangzhou Beiying will further catalyze the development of the Company’s content services business and t