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Stock impact report

Acorn International Signs Agreement with China Partner to Deliver Western Content and Brands for Large-Scale Arts and Culture Project in China

ACORN INTL (ATV) 
Company Research Source: PR Newswire
SHANGHAI, May 13, 2019 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company") today announced it has signed a preliminary cooperation agreement with Zhejiang Los Culture Development Company, Ltd. ("Los Culture"), under the guidance of the Department of Culture of Zhejiang Provincial Government, to begin to source opportunities for Western brands and talent, in anticipation of Acorn forming a joint venture with Los Culture that will lead the delivery of content for the International Zhejiang Performing Arts, Music and Culture Center in Hangzhou, Zhejiang China.The International Zhejiang Performing Arts, Music and Culture Center aims to establish the city of Hangzhou, Zhejiang's capital and one of China's most prosperous cities, as China's primary international arts and culture hub. The project will include a world-class stadium to host concerts, music festivals, and other performances along with music schools, hotels, restaurants and retail space.Once the JV i Show less Read more
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