STOCK TITAN

Clubhouse Media Group, Inc. Closes Promo Deal With The ACE Family

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

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced a promotional deal with The ACE Family, a popular YouTube group with 18.9 million followers. This collaboration was facilitated through The Reiman Agency, enhancing CMGR's influencer management capabilities. CEO Amir Ben-Yohanan highlighted the agency's growth, indicating a robust increase in high-caliber brand partnerships. The company continues to offer management, production, and deal-making services targeting social media influencers and related acquisitions.

Positive
  • Finalized promotional deal with The ACE Family, expanding reach to 18.9 million YouTube followers.
  • Significant growth in the agency arm of the business, indicating enhanced operational performance.
Negative
  • None.

LOS ANGELES, April 26, 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 The ACE Family through their partnership with The Reiman Agency. The ACE family are YouTube sensations, boasting 18.9M followers on their channel (one of the largest on YouTube). Austin McBroom and Catherine Paiz McBroom head the family, along with their daughters Alaia and Elle. 

"It's always exciting to see these deals come together" said Alden Reiman CEO of The Reiman Agency. "The ACE Family and their team were a pleasure to work with again. I'm looking forward to the possibility of more deals in the future."

"We have been working more and more with high caliber brands and talent" said Amir Ben-Yohanan, CEO of CMGR. "The agency arm of our business has really accelerated, and we are achieving even greater growth than we saw last year."

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-the-ace-family-301532545.html

SOURCE Clubhouse Media Group, Inc.

FAQ

What is the recent promotional deal announced by CMGR?

CMGR announced a promotional deal with The ACE Family, a popular YouTube group.

How many followers does The ACE Family have?

The ACE Family boasts 18.9 million followers on their YouTube channel.

What does CMGR specialize in?

CMGR specializes in influencer management, production, and deal-making services.

What did CMGR's CEO say about the company's growth?

CEO Amir Ben-Yohanan indicated significant growth in their agency operations and partnerships.

When was the promotional deal with The ACE Family announced?

The promotional deal was announced on April 26, 2022.

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