STOCK TITAN

Clubhouse Media Group, Inc. Closes Promo Deal With PepsiCo's Frito Lay & UCLA Gymnast Katelyn Ohashi

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Clubhouse Media Group (OTCMKTS: CMGR) announced a brand promotional deal with Frito Lay, part of PepsiCo, featuring gymnast Katelyn Ohashi. This collaboration signifies CMGR's growing influence in the marketing sector, as stated by CEO Amir Ben-Yohanan. The deal reflects the increasing reliance of larger brands on CMGR's services. The campaign aims to empower women in sports, highlighting CMGR's commitment to impactful initiatives in the influencer marketing space.

Positive
  • Finalized a brand promotional deal with Frito Lay and Katelyn Ohashi.
  • Indicates increasing reliance of larger brands on CMGR's services.
  • Campaign aims to empower women in sports, enhancing brand image.
Negative
  • None.

LOS ANGELES, May 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 Frito Lay and gymnastics star Katelyn Ohashi, through their partnership with The Reiman Agency. Frito Lay is owned by powerhouse brand, PepsiCo. Katelyn Ohashi is an American gymnast who competed for UCLA. She is a six-time All-American and was a four-time member of the USA Gymnastics' Junior National Team. 

"It was a pleasure working closely with Katelyn and her team on this memorable campaign," said Julia Salmon, Sales Executive at CMGR. "The campaign empowers women everyday, and in sports."

"We have a really great team working on these larger sized brand deals," said Amir Ben-Yohanan, CEO of CMGR. "Things are really starting to come together as bigger brands are relying more and more on our ongoing services."

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clubhouse-media-group-inc-closes-promo-deal-with-pepsicos-frito-lay--ucla-gymnast-katelyn-ohashi-301552458.html

SOURCE Clubhouse Media Group, Inc.

FAQ

What new promotional deal did Clubhouse Media Group announce in May 2022?

Clubhouse Media Group announced a brand promotional deal with Frito Lay featuring gymnast Katelyn Ohashi.

Who is Katelyn Ohashi and what is her role in the CMGR promotion?

Katelyn Ohashi is a gymnast who will be featured in the promotional campaign with Frito Lay.

What is the significance of CMGR's deal with Frito Lay?

The deal signifies CMGR's growing influence and the reliance of larger brands on their marketing services.

What is the focus of the campaign involving Katelyn Ohashi?

The campaign aims to empower women in sports, highlighting CMGR's commitment to impactful marketing.

CLUBHOUSE MEDIA GROUP INC

OTC:CMGR

CMGR Rankings

CMGR Latest News

CMGR Stock Data

818.61k
4.47B
76.42%
Advertising Agencies
Communication Services
Link
United States of America
Las Vegas