$GSMG News! Glory Star Renews Content Licensing Ag
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BEIJING, May 18, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company" , a leading digital media platform and content-driven e-commerce company in China, today announced the renewal of its cooperation agreement with E-Surfing Media Co., Ltd. ("E-Surfing Media" , a subsidiary of China Telecom. Under the terms of the agreement, the Company will continue to license and authorize the use of its CHEERS video series content to E-Surfing Media on E-Surfing Media's platform and other third-party platforms that E-Surfing Media operates for a licensing fee of RMB27 million.
https://finance.yahoo.com/news/glory-star-ren...00678.html