AB International Group Secures Full Ownership of ufilm AI IP with New Agreement

Reuters
2025.07.14 19:19
portai
I'm PortAI, I can summarize articles.

AB International Group Corporation has secured full ownership of the ufilm AI intellectual property through a new Final Execution Agreement with AIHUB Releasing, Inc. This agreement, which amends previous contracts, allows for a cash payment of $300,000, replacing the earlier obligation of providing NFT Movies and Music Market IP valued at $500,000. The payment is due by July 31, 2025, and the agreement is governed by New York law with arbitration in New York City.