Clubhouse Media Group, Inc. Closes Promo Deal With Target Corporation

Rhea-AI Summary

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced a brand promotional deal with Target, facilitated through The Reiman Agency. The agreement includes a live stream event by an influencer and two Instagram posts. Target, ranked #32 on the 2021 Fortune 500 list, is among the top 10 U.S. retailers. Sales Executive Julia Salmon expressed excitement over the collaboration, highlighting a seamless partnership. CMGR specializes in influencer management and digital talent services, aiming to enhance their market presence through collaborations.

Positive

• Successful partnership with Target, enhancing brand visibility.
• Engagement via live stream and Instagram, appealing to a wide audience.

Negative

• None.

LOS ANGELES, June 28, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, announced that they finalized a brand promotional deal with Target, through their partnership with The Reiman Agency. The deal included a live stream event by a prominent social media influencer as well as (2) Instagram feed posts. Target ranked #32 on the 2021 Fortune 500 list of the largest U.S. corporations and is one of the nations Top 10 retailers. 

"I was beyond excited to work with Target on a successful live stream to support their new maternity line" said Julia Salmon, Sales Executive at CMGR. "It was seamless working with both Target and the talent, and we cannot wait for what is to come from this partnership 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.

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 promotional deal did Clubhouse Media Group announce?

Clubhouse Media Group announced a promotional deal with Target, involving a live stream and Instagram posts.

Who facilitated the promotional deal for CMGR with Target?

The deal was facilitated through The Reiman Agency.

When was the promotional deal with Target announced?

The promotional deal was announced on June 28, 2022.

What is Clubhouse Media Group's stock symbol?

The stock symbol for Clubhouse Media Group is CMGR.

What services does Clubhouse Media Group provide?

CMGR offers influencer management, production, and digital talent services.