AB INTL GROUP Announces June Updates
NEW YORK, July 14 2022 (GLOBE NEWSWIRE) — AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and film licensing and investment firm, today announced the June Updates.
NFT Movie and Music Market Update
As of July 14, 2022, the drama film ‘Confusion’ has sold ten thousand NFT of the film ‘Confusion’ for 50% of the copyright of the special territory of the drama film ‘Confusion’. This is the 2nd fully released successful NFT movie as all transactions were done on AB’s NFT MMM platform. Today, a total of 23,000 users have installed the NFT MMM app.
AB plans to continue its partnership with the service provider to entice movie owners to deploy their NFT movies at AB’s NFT MMM, these movies will be released globally.
New York Cinemas Update
AB’s first cinema “The Mt. Kisco Theatre” located at 144 Main Street, Mount Kisco, New York. Very good communications with the potential theater manager the company would hire, working for the theater ready to reopen in the next 6-8 weeks.
AB continues its cinema acquisition strategy, recently creating a subsidiary “AB Cinemas NY, Inc.” is currently continuing negotiations with a view to possible acquisitions of 4 locations of 30 screens.
AB is plan presents a new film “Dad, don’t worry” which they recently acquired. The film will be released online worldwide and in theaters in New York in December.
Video streaming service update
As of June 30, 2022, AB provided the video streaming service content website abqq.tv and the ABQQ channel on YouTube reaches 4.7 million views, the services marketed and distributed globally under the ABQQ.tv brand. The channel acquired 20,000 subscribers.
About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and film licensing and investment company, focused on the acquisitions and development of various intellectual properties. We are engaged in the acquisition and distribution of films. The company engages a long-awaited video streaming service targeting multi-billion dollars worldwide and a growing video streaming industry. The online service will be marketed and distributed worldwide under the ABQQ.tv brand. ABQQ.tv is expected to generate a profitable new revenue stream immediately upon launch through its hybrid subscription and advertising business model. The Company invests in the NFT film and music market as a unique non-fungible token of the entertainment industry. www.stareastnet.io
For more information visit www.abqqs.com and www.ABQQ.tv and NFT MMM www.stareastnet.io
This press release contains “forward-looking statements” which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes in the Company’s management team and statements relating to the Company’s financial and operational transformation. performance, including revenue and margin acceleration, and the Company’s overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business interruption, competitive uncertainties and general economic and business conditions in AB International Groups markets as well as the other risks detailed in the filings by company with the Securities and Exchange Commission. AB International Group assumes no obligation to update the statements in this press release for changes that occur after the date of this release.
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