Clubhouse Media Group, Inc. Announces Increase in Creators Joining HoneyDrip.com

Rhea-AI Summary

Clubhouse Media Group (CMGR) announced that HoneyDrip.com has surpassed 800 creators on its platform, which is invitation-only and includes many professional creators. The platform focuses on empowering creators by allowing them to connect with fans and monetize exclusive content. A company representative highlighted the site’s exclusivity as a key differentiator from competitors. CMGR provides management and production services to influencers, enhancing its footprint in the digital agency landscape.

Positive

• More than 800 creators now on HoneyDrip.com, indicating growth and interest in the platform.
• Focus on high-quality, exclusive creators can strengthen brand reputation and market position.

Negative

• None.

LOS ANGELES, March 21, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, today announced that HoneyDrip.com has surpassed 800 creators on the platform. Creators join the site by invitation only and many are professional creators with large 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 exclusivity of our site has always differentiated us from the competition" said a representative of the company. "We choose higher quality creators who embody the HoneyDrip spirit and convey intelligence, creativity, and independence."

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.

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SOURCE Clubhouse Media Group, Inc.

FAQ

What did Clubhouse Media Group announce on March 21, 2023?

Clubhouse Media Group announced that HoneyDrip.com has surpassed 800 creators on its platform.

What type of platform is HoneyDrip.com?

HoneyDrip.com is a digital platform designed to empower creators and allows them to monetize exclusive content.

How does HoneyDrip.com select its creators?

Creators join HoneyDrip.com by invitation only, focusing on attracting high-quality, professional creators.

What services does Clubhouse Media Group offer?

CMGR provides management, production, and deal-making services specifically for social media influencers.

What is the stock symbol for Clubhouse Media Group?

The stock symbol for Clubhouse Media Group is CMGR.