Clubhouse Media Group, Inc. Closes Another Brand Deal With Sommer Ray, Social Media Star
Clubhouse Media Group (CMGR) finalized a brand promotional deal with fitness icon and social media star Sommer Ray, arranged through its subsidiary, The Reiman Agency. Ray, who has over 26 million Instagram followers, aligns with CMGR's strategy to leverage influencer partnerships to enhance brand marketability. President Alden Reiman expressed enthusiasm for future collaborations, highlighting Ray's engaged audience as a valuable asset for brands. The press release included a forward-looking statement that cautioned investors about the inherent risks and uncertainties associated with CMGR's future performance.
- Finalized promotional deal with influencer Sommer Ray, expanding brand reach.
- Sommer Ray's audience of over 26 million Instagram followers enhances marketing potential.
- The Reiman Agency's involvement strengthens CMGR's influencer management strategy.
- None.
LOS ANGELES, Dec. 28, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, announced that they have finalized another brand promotional deal with fitness model and iconic social media star, Sommer Ray. The deal was consummated through CMGR's majority held entity, The Reiman Agency. Ray was born in Colorado and has won several bodybuilding and fitness competitions. In recent years she has amassed an impressive social media following, boasting 26M+ followers on Instagram alone.
"It is always a pleasure to work with Sommer and her team" said Alden Reiman, President of The Reiman Agency. "She has built a tremendously engaged audience that aligns directly with the consumer demographics of many brands. I look forward to building on this relationship in the future."
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.
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