AB INTL GROUP Announces Launch of a Film Entity as Subsidiary in China
AB INTL GROUP CORP Common (ABQQ)
NASDAQ:AMEX Investor Relations:
missionir.com/blog/category/ab-international-group-corp-abqq
Company Research
Source: GlobeNewswire
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces the launch of a wholly owned subsidiary in China, which is aiming to tap into one of the world's largest and most dynamic film markets. 1.Market Access and Revenue Potential: China's film industry has been rapidly growing, ranking as the second-largest box office market globally. By establishing a subsidiary there, ABQQ gains direct access to this lucrative market without the need for third-party distributors, potentially increasing profit margins. 2. Cultural and Content Localization: Operating directly in China allows ABQQ to better tailor its content to local tastes, which is crucial given China's stringent content regulations and cultural preferences. This could lead to higher acceptance and box office success for films distributed through their subsidiary.3. Strategic Partnerships: The collaboration with Hua X
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