Clubhouse Media Group, Inc. Announces HoneyDrip.com Adds 45 Invite-Only Creators In Month Of December 2022

Rhea-AI Summary

On January 17, 2023, Clubhouse Media Group (OTCMKTS: CMGR) announced the addition of 45 new creators to HoneyDrip.com in December 2022. This digital platform empowers creators to connect with fans and monetize their content. The company highlighted an influx of creators with substantial Instagram followings, contributing to increased traffic on HoneyDrip.

CMGR specializes in digital talent management and offers production and deal-making services for influencers.

Positive

• Added 45 creators to HoneyDrip.com in December 2022, enhancing platform engagement.
• Increased traffic on HoneyDrip.com due to creators with large Instagram followings.

Negative

• None.

LOS ANGELES, Jan. 17, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that HoneyDrip.com added 45 creators to the platform in December 2022 alone.  Creators on the site can create, post, and monetize content while connecting directly with their fans.  Honeydrip.com is a digital platform designed and wholly owned by CMGR with a focus on the empowerment of creators.  The site allows creators to connect and engage with fans and monetize exclusive content. 

"I'm happy with the quality of the creators that are joining our site" said a representative of the company. "Many of our creators bring large followings over from Instagram which has really increased the traffic on our platform overall."

Creators can apply via email to join@honeydrip.com

About Clubhouse Media Group, Inc.

CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission's website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.

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SOURCE Clubhouse Media Group, Inc.

FAQ

What did Clubhouse Media Group announce on January 17, 2023?

Clubhouse Media Group announced the addition of 45 creators to HoneyDrip.com in December 2022.

How does HoneyDrip.com benefit creators?

HoneyDrip.com allows creators to connect with fans and monetize exclusive content.

What is the business focus of Clubhouse Media Group?

Clubhouse Media Group focuses on influencer management and digital talent management.

What impact did new creators have on HoneyDrip.com traffic?

The new creators with large Instagram followings significantly increased traffic on HoneyDrip.com.

What services does Clubhouse Media Group offer to influencers?

They provide management, production, and deal-making services to their influencers.