Business
Hanryu Holdings Launches FANTOO House, a Professional Studio Rental Service for Diverse Creative Activities
FANTOO House will open on the 4th Floor of Seoul Marina in Yeouido, the Heart of Seoul as the Landmark of Hallyu Culture ContentSEOUL, REPUBLIC OF SOUTH KOREA

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[{"type":"text","content":"FANTOO House will open on the 4th Floor of Seoul Marina in Yeouido, the Heart of Seoul as the Landmark of Hallyu Culture ContentSEOUL, REPUBLIC OF SOUTH KOREA / ACCESSWIRE / August 22, 2023 / Hanryu Holdings, Inc. (NASDAQ:HRYU) (the \"Company\" or \"Hanryu\"), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced the launch of FANTOO House, a professional studio rental service for a diverse range of creative activities. FANTOO House will open on the fourth floor of Seoul Marina in Yeouido, as a landmark of Hanryu culture content, providing a versatile event hall with a range of multipurpose rooms from creative spaces to live concerts. FANTOO House will provide sound and lighting systems for hosting fan meetings, content shoots, seminars, brand launches, showcases, and banquets. It will include a rentable recording studio with Han River view, soundproofing, and cutting-edge equipment for recording, music production, cover videos, visual radio, and diverse content creation.Hanryu Holdings aims to foster creativity and the discovery of promising new artists with FANTOO House and by activating the development of more user-generated content on the FANTOO App. Users of the FANTOO App can book and utilize rental spaces such as recording studios, cooking studios, and performance venues, as well as engage in various creative activities to produce content.Also, Hanryu Holdings is producing their show contents at FANTOO House, and Hanryu Holdings can create better-quality contents for FANTOO Apps.In addition, the Company expects FANTOO House to provide revenue generation with rental fees received from artists and companies renting the space, as well as the opportunity to leverage quality content generated with celebrities and partners at FANTOO House.\"FANTOO House is creating a landmark for K-pop creators and FANTOO users, opening in the heart of Seoul, as the new center of the Hanryu culture,\" Chief Executive Officer of Hanryu Holdings, Kang Chang Hyeok, commented. \"Hanryu also aims to promote content diversity and engagement within the K-pop community through the space and IP sharing that FANTOO House, in combination with the FANTOO App, will facilitate. In addition, we expect FANTOO House to provide the opportunity for revenue growth through rental fees r...