Press Release
Glory Star expected to further increase profitability
Glory Star New Media Group, a Nasdaq-listed digital media platform and content-driven e-commerce company in China, is expected to be able to further increase its profitability with its growing market share and economy of scale.
The company reported a 15.8% growth in its Non-GAAP net income to US$16.9 million for the six-months ended June 30 from US$14.6 million in the same period of last year.
During the first half of this year, the company’s total revenues grew 144.6% to US$71.9 million from US$29.4 million, thanks to the increase in advertising revenues and Cheers e-Mall marketplace service revenue, primarily attributable to the development and promotion of its mobile and online businesses.
Income from operations surged 40.9% to US$16.2 million from US$11.5 million.
During the first half year of 2021, the company successfully grew its top and bottom lines as it allocated more resources to sales and marketing to augment its brand equity and fuel its long-term growth engine.
The company’s rising economy of scale will allow it to gradually reduce operating expenses and capitalize on the rising popularity of video content and deliver lasting shareholder value.
At the end of June 30, the number of downloads of the company’s Cheers App reached 215.6 million, up from 121 million a year earlier. The increase in the number, a key indicator of the attractiveness and usability of its Cheers App and its e-Mall platform traffic, showed that it had successfully converted viewers of its content to its Cheers App.
Average daily active users (DAUs) of the app grew to 7.1 million from 4.5 million for the same period. Stock Keeping Units (SKUs) on its Cheers e-Mall platform jumped to 231,630 from 19,984.
Gross Merchandise Value (GMV) of the Cheers App reached US$181.2 million in the first six months of this year, compared with US$20 million in the same period of 2020. The increase in GMV was driven significantly by its ability to attract and retain users to its Cheers App through its professionally produced content and its ability to further enhance its product offerings.
The company has a strong commitment to its corporate mission, meticulous execution of growth strategies, methodical expansion in both overseas and domestic markets, proactive engagement of Generation Z users through innovative products, and prudent investment in sales and marketing initiatives. It plans to refine its competitive edge in content-driven e-commerce of premium lifestyle, deepen our expertise in integrating quality content with lifestyle commerce, and expand our brand influence among Generation Z consumers on a global basis.
During the first half year, the resurgence of Covid-19 and its Delta variant caused the Chinese government to impose travel restrictions within mainland China, particularly in the southern regions of the country.
The company temporarily suspended the production of its traditional “Cheers Series” TV programs, thus resulting in a decline in its cost of revenues during the first six month of 2021. Once the travel restrictions are eased, the company will resume its content production activities in the second half of this year.
As of June 30, 2021, the company had cash and cash equivalents of US$20.3 million, compared with US$17.7 million at the end of last year.
Blockchain and AI technologies
Since its establishment in 2016, Glory Star has pioneered a unique, new business model integrating e-commerce services with premium video content. With the use of blockchain and AI technologies in its systems, the company has become a leading online digital media and entertainment company in China, with a strong track record both in terms of viewership and production capabilities. The company launched its Cheers App in 2018 to integrate e-commerce services with professionally generated content (PGC).
During the first half, the company produced many more live streaming shows and started to provide title sponsor advertising services at a higher price point. It also spent substantially on the development of the Cheers Chat and Cheers Car.
The company plans to provide more user-generated content (UGC) by forming partnerships with other platforms. It will allow global users to upload their content to its video platforms in the fourth quarter of this year while users will receive advertising revenue or get rewards from viewers directly.
The company will also allow content providers to use its software-as-a-service (SaaS) supply chain system with the blockchain technology that will help them match with relevant merchandisers. Content providers will be able to share the revenue from the sales of products on their video accounts.
The company’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives.
Its large and active user base has created valuable engagement opportunities with consumers and enhanced platform stickiness with thousands of domestic and international brands.
Non-fungible token
Glory Star’s Naschain platform offers one-stop solutions, which include smart contract, multichain universe and cross-chain consensus mechanisms, to users with its blockchain technology. It can help e-shoppers trace the origins of the products, avoid buying counterfeit goods, lower their logistics costs and protect their privacy.
The company has signed an agreement with the Beijing Minsheng Art Museum to use the company’s non-fungible token (NFT) technology, which can be used in copy-rights’ registration, verification, transaction and valuation, to protect the intellectual property of the museum’s artworks. The company will be able to boost its market share by acquiring some NFT service providers.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Ken Behr Turns Years as a DEA Cooperating Source Into True Crime Podcast Crime Nightly
The author of One Step Over The Line now plans to help other true crime podcasters grow their own audiences.
Hollywood, FL, United States, 25th Jul 2026 – Ken Behr spent more than two decades inside large-scale smuggling operation before becoming a cooperating source for the DEA. He now hosts Crime Nightly, a true crime podcast covering cold cases, missing persons and criminal investigations at crimenightly.com. Behr plans to bring the experience of building Crime Nightly into a new effort to help other true crime podcast hosts grow their own shows.

Behr’s path into that world started in the 1970s, when he was a teenager working out of his mother’s house. What started small grew into a large-scale smuggling operation that Behr ran for more than two decades. He traveled the country by cigarette boat, raced cars and flew on private jets during those years, working alongside some of the biggest smugglers in the world and crossing paths with figures ranging from movie stars to murderers along the way.

Facing a mandatory minimum sentence of 25 years in prison, Behr chose to work as a cooperating source for the DEA. He later wrote about that part of his life in the memoir One Step Over The Line, a title drawn from the 1970s song “One Toke Over the Line.” The book marks Behr’s first attempt at writing and covers both his own story and smuggling in South Florida during that era.
More information on the book is available at onestepovertheline.com.
In the book’s author’s note, Behr also writes about working through post-traumatic stress connected to those decades, an experience he says caught him off guard after years of assuming PTSD applied only to others.
Behr’s years inside federal investigations and his firsthand knowledge of large-scale trafficking now shape his work behind the microphone. He launched Crime Nightly to bring that background to unsolved cases, missing persons investigations and interviews with researchers and formerly incarcerated individuals.
“We built Crime Nightly and grew our audience fast, and that experience is exactly what we want to bring to other true crime podcasters who are trying to grow their own shows,” said Ken Behr, host of Crime Nightly.
Behr also appears as a guest across the true crime podcast circuit, sharing his background in trafficking and federal investigations.

Recent appearances include:
- Digital Social Hour (with Sean Kelly)
- 10 Toes Podcast
- Locked In with Ian Bick
- Gangland Wire (with Gary Jenkins)
- Soft White Underbelly
- The Green Tea
- Bioactive Podcast
- The Mike Drop Podcast
Behr plans to apply what he learned building Crime Nightly to a new service helping other true crime podcast hosts with marketing and audience growth. The effort targets podcasters covering cold cases, missing persons and criminal investigations who want to reach more listeners.
Listeners can follow Crime Nightly’s case updates and new episodes through the show’s social media account, @crimenightly, and at crimenightly.com.
About Crime Nightly
Crime Nightly is a true crime podcast and media platform based in Hollywood, Florida, covering cold cases, missing persons and criminal investigations. The show is hosted by Ken Behr, a former cooperating source for the DEA and author.
Media Contact
Organization: Crime Nightly
Contact Person: Ken Behr
Website: https://www.crimenightly.com/
Email: Send Email
City: Hollywood
State: FL
Country:United States
Release id:47506
The post Ken Behr Turns Years as a DEA Cooperating Source Into True Crime Podcast Crime Nightly appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Astana to Host the International Games of the Future 2026 (GOTF 2026) Powered by Samruk-Kazyna
Astana will host Games of the Future 2026 (GOTF 2026) Powered by Samruk-Kazyna from 29 July to 9 August 2026. The international multisport tournament will bring together esports, traditional sports and cutting-edge technology through a distinctive “phygital” competition format.
More than 800 athletes representing over 50 nationalities will compete across eight official disciplines. Phygital competitions combine digital and physical stages: participants first compete in a virtual environment before continuing the contest in physical sporting arenas, including football pitches, basketball courts, martial arts venues and dance stages. Final standings are determined by athletes’ combined performances across both stages.
Competition Schedule
- Phygital Basketball presented by Halyk Fund: 29 July – 3 August
- Battle Royale (PUBG: BATTLEGROUNDS) presented by Alatau City Bank: 31 July – 2 August
- MOBA PC (Dota 2) presented by CenterCredit: 2–5 August
- Phygital Shooter (CS2) presented by Yandex Go: 4–8 August
- Phygital Football (UFL) presented by Samruk-Kazyna: 4–9 August
- MOBA Mobile (MLBB) presented by Freedom: 6–9 August
- Phygital Dancing Presented by Solidcore Resources: 6–7 August
- Phygital Fighting presented by Kazzinc: 8 August
The tournament will feature prominent teams and clubs from the worlds of traditional sports and esports, including Team Spirit, T1, Team Falcons, Boca Juniors, Valencia Basket, LGD.Pinghu and NOVAQ.
Kazakhstan will be represented in all eight disciplines by teams and athletes including ACF x Allur, UEL Team, GTB KZ, PBC Astana, Future Nomads, Rune Eaters, DIGA Esports, NOVAQ, TeamKZ and Gulnaz Amangali.
The opening ceremony will take place on 29 July at 17:00 Astana time. It will feature AI-powered visuals, large-scale LED installations, laser and lighting effects, robotic elements and an immersive stage production.
The ceremony will be broadcast live in Kazakhstan on the Zhibek Zholy, Qazsport and Khabar television channels. International audiences will be able to watch it live on the official GOTF Astana 2026 Powered by Samruk-Kazyna YouTube channel and through the Phygital+ platform.
Competition Venues
The competitions will be held at four major sporting venues in Astana:
- QAZAQSTAN Athletics Sports Complex
- Zhaksylyk Ushkempirov Martial Arts Palace
- BEELINE ARENA National Tennis Centre
- Barys Arena
Tickets are available from the tournament’s official ticketing partner, Freedom Ticketon, and through the Freedom SuperApp.
Media Contact:
Aylana Yesbol
Press Secretary, Kazsportinvest JSC
pr@kazsportinvest.kz
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Harborstone Point Advisors Expands Revenue Cycle Management and Financial Advisory Services for Behavioral Health Organizations
Palm Beach, Florida, Jul 24, 2026, ZEX PR WIRE — Harborstone Point Advisors today announced the expansion of its Revenue Cycle Management (RCM) and financial advisory services for behavioral health organizations across the United States. The expanded service offering reflects the firm’s continued investment in the behavioral health sector and its commitment to helping treatment providers strengthen financial performance, improve reimbursement outcomes, and build the infrastructure necessary to support sustainable growth.

The announcement comes at a time when behavioral health organizations face increasing operational and financial challenges. Growing demand for mental health and addiction treatment services has created significant opportunities for providers, but it has also increased pressure on leadership teams to manage reimbursement complexity, maintain healthy cash flow, improve operational efficiency, and prepare for long-term expansion.
Harborstone Point Advisors is expanding its specialized advisory platform to address these evolving needs. By combining Revenue Cycle Management expertise with strategic financial advisory services, the firm aims to help behavioral health providers gain greater visibility into their financial operations while positioning themselves for future growth opportunities.
Expanding Support for a Growing Industry
Behavioral health providers operate in an environment that differs significantly from many other industries. Organizations must balance clinical excellence with financial performance while navigating insurance reimbursement processes, staffing demands, regulatory requirements, and changing market conditions.
As treatment providers grow, financial management often becomes more complex. Multi-location operations, expanding service lines, and increasing reimbursement volume can place additional strain on internal systems and processes.
Harborstone Point Advisors recognizes these challenges and has expanded its advisory capabilities to better serve behavioral health organizations at various stages of growth. The firm’s expanded services are designed to help leadership teams improve financial decision-making, optimize reimbursement performance, strengthen reporting capabilities, and create a more scalable operating structure.
According to Harborstone Point Advisors, many behavioral health organizations have strong clinical leadership and a clear mission but lack the financial infrastructure needed to support rapid growth. The firm’s advisory model focuses on helping organizations build that infrastructure while maintaining operational discipline and financial clarity.
Revenue Cycle Management Takes Center Stage
A key component of Harborstone’s expanded service offering is Revenue Cycle Management advisory support.
Revenue Cycle Management encompasses every stage of the reimbursement process, including insurance verification, authorization management, claims submission, payment collection, denial resolution, and reimbursement analysis. When managed effectively, Revenue Cycle Management helps organizations improve cash flow, reduce revenue leakage, and maximize reimbursement opportunities.
For many behavioral health providers, Revenue Cycle Management has become one of the most important operational functions within the organization. Delayed reimbursements, claim denials, documentation issues, and inefficient billing processes can significantly affect financial performance.
Harborstone Point Advisors is expanding its focus on Revenue Cycle Management to help organizations identify operational inefficiencies and strengthen reimbursement outcomes. The firm works with leadership teams to evaluate existing processes, improve reporting visibility, analyze denial trends, and implement strategies that support stronger collections performance.
By helping organizations better understand their reimbursement cycle, Harborstone seeks to improve financial predictability and create a stronger foundation for growth.
Strengthening Financial Infrastructure
In addition to Revenue Cycle Management services, Harborstone Point Advisors continues to expand its financial infrastructure advisory capabilities.
Many treatment providers experience rapid growth before implementing the systems necessary to manage increasing operational complexity. As organizations expand, leadership teams often require more detailed financial reporting, stronger forecasting capabilities, and better visibility into key performance metrics.
Harborstone helps organizations develop financial systems that provide actionable information rather than simply historical reporting. This includes financial dashboard development, forecasting processes, budgeting support, KPI tracking, and performance analysis.
The firm’s objective is to help leadership teams make informed decisions based on accurate and timely financial information. Strong financial infrastructure can help organizations identify risks earlier, allocate resources more effectively, and evaluate growth opportunities with greater confidence.
Supporting Cash Flow and Operational Stability
Cash flow management remains a significant concern throughout the behavioral health industry. Providers often face substantial timing differences between delivering services and receiving reimbursement from payors.
While patient demand may remain strong, reimbursement delays can create working capital challenges that affect day-to-day operations.
Harborstone Point Advisors works closely with organizations to improve cash flow forecasting and develop greater visibility into reimbursement trends. The firm helps leadership teams understand the factors influencing collections performance and identify opportunities to improve cash conversion cycles.
By integrating Revenue Cycle Management analysis with broader financial planning initiatives, Harborstone helps providers strengthen operational stability while reducing financial uncertainty.
Preparing Organizations for Growth
As behavioral health demand continues to expand nationwide, many organizations are exploring opportunities to enter new markets, add levels of care, pursue acquisitions, or expand existing operations.
Successful expansion requires more than favorable market conditions. Organizations must have the operational capacity, financial visibility, and strategic planning processes necessary to support growth.
Harborstone Point Advisors assists providers in evaluating expansion readiness by reviewing financial performance, reimbursement trends, staffing models, operational metrics, and capital requirements. This process helps organizations understand whether their existing infrastructure can support future growth initiatives.
The firm’s advisory approach focuses on helping organizations scale responsibly while maintaining strong operational and financial performance.
Enhancing Capital Readiness
Behavioral health organizations often seek financing to support facility expansion, technology investments, acquisitions, or strategic growth initiatives. Access to capital frequently depends on an organization’s ability to demonstrate financial discipline, operational consistency, and reliable reporting practices.
Harborstone Point Advisors works with providers to improve capital readiness through enhanced reporting, financial organization, forecasting analysis, and operational visibility.
The firm also helps organizations understand how Revenue Cycle Management performance influences financing opportunities. Consistent reimbursement results, reliable collections, and strong reporting systems can improve lender and investor confidence.
By preparing organizations before financing opportunities arise, Harborstone helps leadership teams approach capital discussions from a stronger position.
Building Long-Term Partnerships
Harborstone Point Advisors views its role as more than that of a traditional accounting or consulting firm. The company positions itself as a long-term strategic partner for behavioral health organizations seeking sustainable growth and operational improvement.
The firm’s integrated advisory model combines financial planning, Revenue Cycle Management support, tax advisory, valuation services, accounting expertise, and strategic consulting within a single framework.
This approach allows behavioral health providers to address financial and operational challenges through a coordinated strategy rather than a series of disconnected solutions.
As the behavioral health sector continues to evolve, Harborstone Point Advisors plans to further expand its industry-specific expertise and advisory resources.
Continued Investment in Behavioral Health
The expansion of Harborstone’s Revenue Cycle Management and financial advisory services represents a significant step in the firm’s ongoing commitment to the behavioral health industry.
The company plans to continue developing educational resources, operational insights, and specialized advisory solutions designed specifically for behavioral health providers. Areas of focus include reimbursement optimization, Revenue Cycle Management performance, financial infrastructure development, cash flow improvement, strategic growth planning, and capital readiness.
Harborstone Point Advisors believes that organizations with stronger financial systems, effective Revenue Cycle Management processes, and disciplined growth strategies are better positioned to succeed in an increasingly competitive healthcare environment.
Through this expanded service offering, the firm aims to help behavioral health organizations strengthen operations, improve financial performance, and create a foundation for long-term success.
About Harborstone Point Advisors
Harborstone Point Advisors provides integrated financial advisory, Revenue Cycle Management consulting, accounting, tax, valuation, and strategic planning services to privately held businesses and behavioral health organizations. The firm works with founder-led companies, treatment providers, and growth-oriented organizations seeking stronger financial infrastructure, improved reimbursement performance, enhanced operational visibility, and long-term strategic guidance.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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