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CLUBHOUSE MEDIA GROUP INC - CMGR STOCK NEWS

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The Clubhouse Group, a WOHG company, is a best-in-class and first-of-its-kind company with subsidiaries that include an international chain of content creator collaborative studio spaces, Doyen - a talent management company, and WOH Brands, a brand incubator and pre-seed fund. Clubhouse Media Group, Inc. (CMGR) offers management, production, and deal-making services to handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions in the social media influencer space.

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Clubhouse Media Group (OTCMKTS: CMGR) announced a reduction in outstanding debt by approximately $110,000, lowering total debt to $4.4 million (excluding accrued interest). CFO Scott Hoey emphasized the commitment to strengthening the balance sheet and aims to eliminate a significant portion of the debt. This move is part of the company's strategy to enhance financial stability in the competitive social media landscape.

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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.

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On February 16, 2023, Clubhouse Media Group (OTC: CMGR) announced a brand promotional deal with social media influencer Sharlize True, who has over 3.1 million followers on TikTok. The deal was finalized through CMGR's majority-owned subsidiary, The Reiman Agency. Sharlize True is also known for her entrepreneurial venture, Truewrld, a clothing line she created with her sister. Julia Salmon, a digital agent at The Reiman Agency, expressed enthusiasm for the partnership and potential future collaborations.

CMGR specializes in management, production, and deal-making services for influencers, positioning itself in the growing social media marketing sector.

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On February 9, 2023, Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced a co-author agreement with former MLB star David Justice. The project aims to tell Justice's inspiring personal and professional journey, in collaboration with co-author Matt Clairmont. The deal was facilitated through CMGR's division, The Reiman Agency. Alden Reiman, President of The Reiman Agency, expressed pride in amplifying Justice's story, highlighting its significance beyond baseball. CMGR specializes in managing and producing content for social media influencers, offering investment opportunities in the influencer sector.

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Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced the finalization of several brand promotional deals in January 2023, featuring notable talents including Vinny Guadagnino, Mac Boucher, and Josh Cribbs. CEO Amir Ben-Yohanan stated that the company is expanding its reach within the industry through partnerships with larger brands and influencers. CMGR specializes in management, production, and deal-making services for social media influencers. The press release also includes forward-looking statements regarding the company's future performance, emphasizing the inherent risks and uncertainties associated with these projections.

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On February 2, 2023, Clubhouse Media Group (OTCMKTS: CMGR) finalized a brand promotional deal with social media influencer Sharlize True. True, who has over 3.1 million followers on TikTok, is recognized for her entrepreneurial ventures, including a clothing line named Truewrld. This agreement was executed through CMGR's majority-owned entity, The Reiman Agency. CMGR specializes in management and production services for influencers and is involved in joint ventures within the social media sector. The company emphasizes the potential for future collaboration with True amidst her growing popularity.

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Clubhouse Media Group (OTC: CMGR) has secured a brand promotional deal with the popular YouTube channel Family Fun Pack, boasting over 10 million subscribers. The deal was finalized through The Reiman Agency, a majority-held entity of CMGR. Julia Salmon, a Sales Agent at The Reiman Agency, highlighted the channel's engaged audience, making it an attractive platform for brands to promote their products. CMGR focuses on management and digital talent services for influencers and actively engages in joint ventures within the influencer marketing landscape.

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On January 17, 2023, Clubhouse Media Group (OTCMKTS: CMGR) announced the addition of 45 new creators to HoneyDrip.com in December 2022. This digital platform empowers creators to connect with fans and monetize their content. The company highlighted an influx of creators with substantial Instagram followings, contributing to increased traffic on HoneyDrip.

CMGR specializes in digital talent management and offers production and deal-making services for influencers.

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Clubhouse Media Group (OTCMKTS: CMGR) announced the finalization of various brand promotional deals in September and October 2022, involving several high-profile talents including NFL players, actors, and entrepreneurs. CEO Amir Ben-Yohanan emphasized leveraging industry relationships to maximize deal flow. CMGR specializes in influencer management, production, and deal-making services for its influencers, along with investment opportunities within the social media influencer sector. The release also contains forward-looking statements regarding future performance and associated risks.

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Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced the finalization of several brand promotional deals in November and December 2022. The deals feature influencers such as Joey Fatone, The Game, Whitney Cummings, and Sommer Ray. CEO Amir Ben-Yohanan noted an increase in deal volume and the caliber of talent as relationships with larger brands strengthen. CMGR specializes in managing influencers and offers production and investment services in the social media influencer sector.

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FAQ

What is the current stock price of CLUBHOUSE MEDIA GROUP (CMGR)?

The current stock price of CLUBHOUSE MEDIA GROUP (CMGR) is $0.0002 as of November 22, 2024.

What is the market cap of CLUBHOUSE MEDIA GROUP (CMGR)?

The market cap of CLUBHOUSE MEDIA GROUP (CMGR) is approximately 4.1M.

What does The Clubhouse Group offer?

The Clubhouse Group offers an international chain of content creator collaborative studio spaces, talent management services through Doyen, and brand incubation via WOH Brands.

What services does Clubhouse Media Group, Inc. provide?

CMGR offers management, production, and deal-making services to influencers, individual influencer clients, and investment opportunities for companies in the social media space.

What are the main subsidiaries of The Clubhouse Group?

The main subsidiaries of The Clubhouse Group include an international chain of content creator collaborative studio spaces, Doyen - a talent management company, and WOH Brands - a brand incubator and pre-seed fund.

What sets Clubhouse Media Group apart?

Clubhouse Media Group is a best-in-class company that is the first of its kind, offering unique services to influencers, talent, and brands in the social media space.

How can creators get involved with HoneyDrip?

Creators can apply to join the platform at HoneyDrip.com and get access to exclusive content and features.

What recent enhancements has HoneyDrip seen?

HoneyDrip has introduced new features like live video chat and a 'Tik Tok-like' video page, leading to significant growth on the platform.

What growth metrics has HoneyDrip experienced recently?

HoneyDrip has seen increases in active performers, content posts, active users, and applications from creators wishing to join the site.

What is the long-term vision of Clubhouse Media Group, Inc.?

CMGR aims to continue accelerating the growth of its HoneyDrip platform and make strides toward profitability by enhancing the creator monetization platform and focusing on wholly owned assets.

How has Clubhouse Media Group adapted its operations for financial success?

CMGR made impactful decisions, like moving away from the agency business, to decrease expenses, reduce losses, and focus resources on the creator monetization platform for a sustainable future.

Where can I find more information about Clubhouse Media Group, Inc.?

For more details, visit the official website of Clubhouse Media Group, Inc. or reach out to them via media@clubhousemediagroup.com.

CLUBHOUSE MEDIA GROUP INC

OTC:CMGR

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CMGR Stock Data

4.09M
4.47B
76.42%
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United States of America
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