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Paranovus Signs Software Development Agreement With BlueLine Studios To Advance Hollywood Sunshine Project

Paranovus Signs Software Development Agreement With BlueLine Studios To Advance Hollywood Sunshine Project

Paranovus 與 BlueLine Studios 簽署軟件開發協議以推進好萊塢陽光項目
Benzinga ·  2023/11/15 21:34

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) (the "Company") announced today that it has entered into a software development agreement with BlueLine Studios Inc. ("BlueLine"), a portfolio company of Caravan Digital L.P. ("Caravan"), a co-founder of consumer companies authentically powered by iconic artists and athletes in partnership with Creative Artists Agency("CAA"), to focus on developing the AI-generated content (AIGC) game application, Hollywood Sunshine.

Paranovus 娛樂技術有限公司(納斯達克股票代碼:PAVS)(“公司”)今天宣佈,它已與BlueLine Studios Inc.(“BlueLine”)簽訂了軟件開發協議。Caravan Digital L.P.(“大篷車”)是消費類公司的聯合創始人,與創意藝術家機構(“CAA”)合作,專注於開發人工智能生成的內容(AIGC)) 遊戲應用程序,好萊塢陽光。

Under the terms of the agreement, BlueLine will be committed to the development of the "Hollywood Sunshine" project, which is expected to be a unique social gaming platform that has celebrity involvement and is driven by AIGC. The project will be an engaging story-based role-playing game (RPG) in an open world, available on both PC and/or mobile platforms. The game aims to captivate users with real-time, instantaneous player-specific content generation, offering many hours of narrative-driven gameplay. BlueLine and Caravan will be working together to secure an appropriate celebrity talent partner for the game, who should demonstrate receptiveness to working with AIGC and have a fanbase reach of at least 5 million individuals.

根據協議條款,BlueLine將致力於開發 “好萊塢陽光” 項目,該項目有望成爲一個獨特的社交遊戲平台,有名人蔘與,由AIGC推動。該項目將是一款引人入勝的開放世界中以故事爲基礎的角色扮演遊戲(RPG),可在PC和/或移動平台上使用。該遊戲旨在通過實時、即時地生成玩家專屬內容來吸引用戶,提供數小時的敘事驅動遊戲玩法。BlueLine和Caravan將共同努力,爲該遊戲尋找合適的名人人才合作伙伴,他們應該表現出願意與AIGC合作並擁有至少500萬粉絲群。

Paranovus will pay BlueLine a total of up to $1,900,000 development fee and subject to the terms of the agreement, Paranovus will be the sole and exclusive owner of all rights to the Hollywood Sunshine project, including all intellectual property rights, excluding any background technology used by BlueLine to complete the project.

Paranovus將向BlueLine支付總額高達190萬美元的開發費,根據協議條款,Paranovus將成爲好萊塢陽光項目所有權利的唯一獨家所有者,包括所有知識產權,不包括BlueLine用於完成該項目的任何背景技術。

An initial full-featured version of the game for the PC platform is anticipated to be released in Q2 2024, followed by the potential delivery of the iOS version in Q3 2024.

該遊戲的初始功能齊全的PC平台版本預計將於2024年第二季度發佈,隨後iOS版本可能在2024年第三季度交付。

"This agreement with BlueLine represents an important next step for Paranovus Entertainment Technology to expand into the AI-driven gaming and entertainment industry," said Xuezhu Wang, CEO and the Chairman of the Board of the Company, "Over the past several months, we have seen demand increase significantly for AIGC and we believe it is going to revolutionize the game industry. I look forward to the partnership with BlueLine to develop an exclusive social gaming platform with celebrity engagement, and bringing a growth drive for our company in 2024."

公司首席執行官兼董事會主席王雪竹說:“與BlueLine的這項協議是Paranovus Entertainment Technology向人工智能驅動的遊戲和娛樂行業擴張的重要下一步,在過去的幾個月中,我們看到對AIGC的需求大幅增加,我們相信這將徹底改變遊戲行業。我期待與BlueLine合作,開發一個具有名人蔘與度的獨家社交遊戲平台,並在2024年爲我們公司帶來增長動力。”

"We are thrilled to reach this agreement and officially begin the collaboration with Paranovus on the Hollywood Sunshine Project," said Mike Teh Wang, CEO of BlueLine. "Our experience and expertise in the gaming industry and unique celebrity resources will ensure we deliver an amazing game project for Paranovus and a unique gaming experience for consumers."

BlueLine首席執行官Mike Teh Wang表示:“我們很高興達成這項協議,並正式開始與Paranovus合作開展好萊塢陽光項目。”“我們在遊戲行業的經驗和專業知識以及獨特的名人資源將確保我們爲Paranovus提供精彩的遊戲項目,爲消費者提供獨特的遊戲體驗。”

Meanwhile, the Company is still in the process of evaluating the previously announced letter of intent to acquire BlueLine. The Company has decided to prioritize the Hollywood Sunshine development project with BlueLine, which aligns with the Company's long-term vision and current objectives.

同時,該公司仍在評估先前宣佈的收購BlueLine的意向書。公司已決定優先考慮與BlueLine合作開發好萊塢陽光項目,這符合公司的長期願景和當前目標。

譯文內容由第三人軟體翻譯。


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