CLUBHOUSE MEDIA GROUP INC - CMGR STOCK NEWS

On May 19, 2022, Clubhouse Media Group, Inc. (CMGR) announced that Amber Nichole Miller, a professional model and TV star, has joined HoneyDrip.com, a new platform promoting creator empowerment and exclusive content sales. Danche Prokopov, GM of HoneyDrip, expressed optimism about Miller's impact on the site. Miller, known for her modeling and TV appearances, is excited about the potential to monetize her creative content on HoneyDrip. CMGR aims to leverage its influencer network for future growth.

Clubhouse Media Group (OTCMKTS: CMGR) announced a brand promotional deal with influencer Heidi D'amelio, mother of TikTok star Charli D'amelio, enhancing their digital talent management strategy. Charli, with 140 million TikTok followers, offers significant promotional potential, complemented by Heidi's own social media following of 9.8 million on TikTok. The collaboration aims to leverage the D'amelio family's massive influence, potentially driving CMGR's brand visibility and engagement. CEO Alden Reimen praised the partnership, indicating positive relations with Heidi's team.

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) has secured a brand promotional deal with actress Denise Richards through a partnership with The Reiman Agency. Richards, known for her roles in films like James Bond: The World Is Not Enough and shows such as Friends, brings over three decades of experience to the collaboration. CEO Alden Reimen highlights their ongoing success in closing deals with top talent. CMGR specializes in influencer management, production, and investment in the social media space.

Clubhouse Media Group (CMGR) has secured a promotional partnership with Nathan Webb and Chase DeMoor, stars of Netflix's 'Too Hot to Handle'. Collectively, they have over 1.5 million Instagram followers, enhancing CMGR's influencer marketing strategy in the men's grooming market. CMGR's Sales Executive, Milon Mannis, expressed excitement for the collaboration, citing growth potential. CEO Amir Ben-Yohanan highlighted significant growth in the agency's reach and partnerships with iconic brands. The company assists influencers with management and deal-making services, positioning itself for future opportunities.

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) finalized a brand promotional deal with actress Lauren Speed-Hamilton, known for her role in Netflix's 'Love is Blind'. This partnership, facilitated by The Reiman Agency, aims to enhance CMGR's brand reach. CEO Amir Ben-Yohanan announced that the agency is consistently closing significant deals each month, indicating positive growth in collaborations with influencers and brands. CMGR provides management and production services within the influencer space, enhancing its position in the digital talent market.

Clubhouse Media Group (CMGR) reported Q1 2022 financial results, showcasing a 55% increase in net revenue to $813,477 from $523,376 in Q1 2021. Operating expenses were down 69% to $1,360,488, leading to a 71% reduction in operating loss, now $1,218,159. Net loss decreased by 40% to $3,498,152. CEO Amir Ben-Yohanan highlighted revenue growth driven by enhanced brand deals and their Honeydrip platform. Cost reductions were attributed to closing physical content houses and decreased marketing spend.

On May 4, 2022, Clubhouse Media Group (OTCMKTS: CMGR) announced the addition of model and artist Monique Nicole LeClair to its platform HoneyDrip.com, which focuses on empowering creators. The platform allows creators to connect with fans and sell exclusive content. General Manager Danche Prokopov expressed excitement over LeClair's potential impact on the platform, bolstered by recent growth that has attracted more creators. LeClair, a seasoned model and influencer, aims to monetize her creativity without the negative stigma associated with competitors.

Clubhouse Media Group (CMGR) reported significant month-over-month growth for its platform HoneyDrip.com in April 2022. Key metrics include a 23% increase in active users, 19% rise in content posts, a 17% growth in active performers, and a 13% boost in creator applications. Management aims to narrow the gap with competitors like OnlyFans through ongoing enhancements. The platform focuses on empowering creators to engage with fans and monetize exclusive content, supporting the company's digital talent management strategy.

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.