Clubhouse Media Group, Inc. Highlights Pro Athlete Brand Deals In 2022

Rhea-AI Summary

On February 21, 2023, Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced significant brand promotional deals with various professional athletes throughout 2022. Key partnerships include notable names such as Klay Thompson, Rob Gronkowski, and Vernon Davis. CEO Amir Ben-Yohanan emphasized the agency's increased collaboration with top talent and plans to secure more high-profile brand deals in 2023. CMGR specializes in management and deal-making services for influencers, along with providing investment opportunities in the social media influencer sector.

Positive

• Closed significant brand deals with prominent athletes in 2022.
• Increased collaboration with top talent is expected to continue in 2023.

Negative

• None.

LOS ANGELES, Feb. 21, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, highlights the various brand promotional deals that were closed in conjunction with an array of professional athletes in 2022. The talent includes (but is not limited to) names such as Klay Thompson (NBA), Rob Gronkowski (NFL), Vernon Davis (NFL), Thomas Davis (NFL), Steven Jackson (NFL), Mario Chalmers (NBA), Deron Williams (NBA), Baron Davis (NBA), Matt Barnes (NBA), LeGarrette Blount (NFL), Donovan McNabb (NFL), and Brandon Jacobs (NFL).

"Our agency is working alongside top talent much more frequently," said Amir Ben-Yohanan, CEO of CMGR. "We will continue to work hard on consummating more brand deals of similar stature in 2023."

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.

FAQ

What brand deals did Clubhouse Media Group (CMGR) secure in 2022?

CMGR secured brand promotional deals with several professional athletes, including Klay Thompson and Rob Gronkowski.

Who is the CEO of Clubhouse Media Group?

The CEO of Clubhouse Media Group is Amir Ben-Yohanan.

What is CMGR's focus area in the market?

CMGR focuses on social media management, production, and deal-making for influencers.

What are the future plans for Clubhouse Media Group in 2023?

CMGR plans to secure more brand deals with professional athletes in 2023.