Clubhouse Media Group, Inc. Announces HoneyDrip.com Tops 1400+ Creators on the Platform

Rhea-AI Summary

Clubhouse Media Group, Inc. (OTC: CMGR) has announced that its digital platform, HoneyDrip.com, has surpassed 1400+ creators. HoneyDrip.com is an invitation-only platform designed for professional creators, models, and actresses with large social media followings. The site enables creators to engage with fans and monetize exclusive content.

Alexandra Bolanos, General Manager at HoneyDrip, expressed excitement about the increasing demand to join the platform. CMGR, a social media firm, offers management, production, and deal-making services to handpicked influencers, along with a management division for individual influencer clients and an investment arm for joint ventures and acquisitions in the social media influencer space.

Positive

• HoneyDrip.com has surpassed 1400+ creators on the platform
• Increasing demand for creators to join the platform
• Platform allows creators to monetize exclusive content

Negative

• None.

LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Clubhouse Media Group, Inc. (OTC: CMGR) ("CMGR"), a social media firm, today announced that HoneyDrip.com has surpassed 1400+ creators on the platform. Creators join the site by invitation only and many are professional creators, models, and actresses with very large social media followings. 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.

“The increase in demand to join the site has been exciting” said Alexandra Bolanos, General Manager at HoneyDrip. “We continue to build and grow our creator base to better serve HoneyDrip users and subscribers.”

Creators can apply to join at 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.

Contact:
Clubhouse Media Group, Inc.
media@clubhousemediagroup.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/baa524e0-120c-4f15-92b4-5c072250b7ed

FAQ

What is the current number of creators on HoneyDrip.com as of July 18, 2024?

As of July 18, 2024, HoneyDrip.com has surpassed 1400+ creators on the platform.

How can creators join HoneyDrip.com?

Creators can join HoneyDrip.com by invitation only. They can apply to join at HoneyDrip.com.

What services does Clubhouse Media Group (CMGR) offer to influencers?

CMGR offers management, production, and deal-making services to handpicked influencers, as well as a management division for individual influencer clients.

What is the focus of HoneyDrip.com, owned by Clubhouse Media Group (CMGR)?

HoneyDrip.com is a digital platform focused on the empowerment of creators, allowing them to connect and engage with fans and monetize exclusive content.