Clubhouse Media Group, Inc. Announces Month to Date Brand Deal Update

Rhea-AI Summary

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced the finalization of multiple brand promotional deals in March 2023. This includes collaborations with well-known personalities such as The Game, Sommer Ray, and various content creators. CEO Amir Ben-Yohanan highlighted the agency's steady deal closures and diverse talent pool. CMGR specializes in influencer management, production, and strategic partnerships within the social media space. These developments reflect the company's ongoing efforts to enhance its market position and expand its influence across different platforms.

Positive

• Finalized multiple brand promotional deals in March 2023, enhancing business opportunities.
• Diverse talent pool including notable personalities which may increase brand visibility.
• Steady deal closures as stated by CEO, indicating positive operational momentum.

Negative

• None.

LOS ANGELES, March 22, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized various brand promotional deals so far in the month of March 2023. The talent includes (but is not limited to) names such as The Game (rapper), Austin & Landon McBroom (YouTubers), Sommer Ray (social media star), Jonathan Cheban of Foodgod (reality TV star and Kardashian family friend), Nate Duncan (podcast host), Kirk Goldsberry (writer), Marco Antonio (content creator), and Erin O'Brien (content creator).

"We are closing deals at a steady pace this month" said Amir Ben-Yohanan, CEO of CMGR. "Our agency is working with a diverse pool of talent which spans social media, sports, and television."

Visit us @ clubhousemediagroup.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 brand deals has Clubhouse Media Group finalized in March 2023?

Clubhouse Media Group announced various brand promotional deals in March 2023, including collaborations with personalities like The Game, Sommer Ray, and other content creators.

Who are some of the influencers involved in CMGR's recent deals?

Recent deals involve influencers such as The Game, Austin & Landon McBroom, Sommer Ray, and Jonathan Cheban, among others.

What is the significance of the recent brand deals for CMGR?

The brand deals signify CMGR's growing influence and operational momentum in the social media marketing space, potentially enhancing revenue and brand visibility.

What does CMGR specialize in?

CMGR specializes in influencer management, production services, and strategic partnerships within the social media influencer sector.