China appears to have controlled Covid-19 - more or less - enabling the population to return to some degree of normal. Hence, China’s entertainment business is in a way, a proxy to Covid recovery play. And not just any kind of entertainment business, such as sitting for a couple of hours in a cinema, but a totally immersive experience where people can pretend to be the Black Widow, or Spiderman or Iron Man. Currently unlisted, Cityneon holds the intellectual property (IP) rights to run these immersive exhibitions in China, and other jurisdictions.

Sources close to Cityneon indicate that its exhibitions in China are going great guns. “China’s numbers are a record since last July,” the source says.  As at Oct 2020, it has accumulated a portfolio of IP rights for Marvel’s Avengers, Hasbro’s Transformers, Lionsgate’s Hunger Games, Universal’s Jurassic World and 20th Century’s Avatar.

Cityneon’s IP portfolio includes artifact IPs and has signed contracts with the governments of Egypt, Peru and China.  Most recently in Dec 2020, Cityneon announced it had clinched the Original Artefacts IP Exhibition – Machu Picchu And The Golden Empires Of Peru. A partnership with the Egyptian government could be announced soon, for an exhibition on Ramses II.

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