Clubhouse Media Group, Inc. Closes Promo Deal With Lana Rhoades, Adult Entertainment Icon

Rhea-AI Summary

Clubhouse Media Group (CMGR) announced a brand promotional deal with Lana Rhoades, a well-known adult entertainer with a significant social media presence, including 16.7 million followers on Instagram. CMGR aims to collaborate with Rhoades to bring back her podcast, '3 Girls 1 Kitchen', for a third season. This partnership is expected to enhance CMGR's influencer-based marketing strategy and bolster its revenue growth. CEO Amir Ben-Yohanan expressed confidence in the sales team's rapid deal closures, signaling ongoing business expansion.

Positive

• Deal with Lana Rhoades may enhance CMGR's brand visibility.
• Rhoades has a significant social media following, potentially increasing audience reach.
• CEO expressed confidence in the sales team's capabilities and business growth.

Negative

• None.

LOS ANGELES, June 23, 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 a brand promotional deal with Lana Rhoades, a top adult entertainer of this decade and the recipient of multiple awards in the space. She has also appeared in Playboy, Hustler and Penthouse publications. Lana is also the star of the Apple podcast, "3 Girls 1 Kitchen" and has a very large social media following, boasting 16.7M followers on Instagram alone and 1M+ subscribers on YouTube.

"We are thrilled to partner with the amazing team over at Melrose Podcasts to help bring back "3 Girls 1 Kitchen" with Lana Rhoades for a third season" said Milon Mannis, Sales Executive at CMGR.

"The sales team has been working very hard" said Amir Ben-Yohanan, CEO of CMGR. "We continue to close deals at an increasingly rapid pace. I'm confident that we can continue to grow the business as we continue on this trajectory."

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.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

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 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 is the significance of CMGR's deal with Lana Rhoades?

The deal is expected to enhance CMGR's brand visibility and revenue growth through Rhoades' extensive social media influence.

How many followers does Lana Rhoades have on social media?

Lana Rhoades has 16.7 million followers on Instagram, along with over 1 million YouTube subscribers.

What podcast will CMGR be promoting with Lana Rhoades?

CMGR will promote the podcast '3 Girls 1 Kitchen', which is returning for a third season.

When was the deal between CMGR and Lana Rhoades announced?

The promotional deal was announced on June 23, 2022.

What is Clubhouse Media Group's business model?

CMGR operates as an influencer-based social media firm and digital talent management agency, offering management and production services.