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UNIVERSAL MEDIA GROUP INC - UMGP STOCK NEWS

Welcome to our dedicated page for UNIVERSAL MEDIA GROUP news (Ticker: UMGP), a resource for investors and traders seeking the latest updates and insights on UNIVERSAL MEDIA GROUP stock.

Universal Media Group (UMGP) is a leading producer and distributor of both short and long-form content, spanning various genres, across multiple media platforms. The company also specializes in celebrity-based programming through social media and streaming video on-demand platforms. By creating programs under the UMGP banner, alongside targeted program acquisitions and aggressive national marketing campaigns, UMGP is expanding into new revenue verticals while developing in-house projects. UMGP is actively expanding its sales channels, domestically and internationally, for its existing content library and new products. Additionally, UMGP is focusing on 4k programming in social media, television, motion pictures, and the NFT space, specifically centered around celebrity-centric NFT creation and sales. The company will be pursuing strategic business investments, partnerships, and acquisitions to drive profitability.

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Universal Media Group, Inc. (OTC: UMGP)'s TV show Before The Fame with Mike Sherman has been nominated for a Suncoast Emmy for the third consecutive year. The nomination is for a special episode featuring music superstar Shaggy, discussing his journey from the Marine Corps to global music stardom. The weekly series is available on multiple platforms, including FOX Soul, Apple TV, Tubi TV, and FuboTV.

With over 40 episodes produced, the show covers various entertainment genres, showcasing stories of industry celebrities. Universal Media Group is also in preproduction on several new streaming projects, with updates on revenue-driven streaming models expected in the coming months.

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Universal Media Group (OTC: UMGP) is set to launch "Stunnin' In South Beach," an innovative reality show featuring social media influencers in Miami. The series promises to revolutionize viewer engagement through its interactive, multi-platform approach. Key features include a subscription-based app offering exclusive content, a freemium model with ad-supported episodes, in-app purchases, and exclusive merchandise. Additionally, the show aims to secure lucrative brand partnerships. This setup is expected to generate substantial revenue across multiple streams and enhance viewer interaction, potentially driving millions in revenue for Universal Media.

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Universal Media Group Inc. (UMGP) has received two Suncoast Emmy nominations for its weekly syndicated television show, 'Before The Fame with Mike Sherman.' The show has been nominated in the 'Nostalgia' category, and UMGP's Editing Director, Scott Edward, has also earned a nomination for his outstanding work. The 47th annual Suncoast Emmy Awards ceremony will take place on December 2, and UMGP is eagerly anticipating the event. The company remains committed to delivering top-tier entertainment to global audiences through its captivating shows.
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Universal Media Group Inc. (UMGP) announces a two-year partnership with Fox Soul TV, a subsidiary of Fox Television, to debut the show 'Before The Fame with Mike Sherman.' The show, hosted by Mike Sherman, offers an exclusive look into the lives of iconic personalities like Mike Tyson, DJ Khaled, Jamie Foxx, and Lamorne Morris. This collaboration highlights Universal Media Group's commitment to creating high-quality, engaging content for a wider audience, reaching viewers nationwide through linear, cable, and streaming platforms.
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Universal Media Group Inc. (UMGP) Announces Groundbreaking Partnership with Borders Consulting LLC
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Universal Media Group Inc. announces the development of a social media platform for high school students passionate about music and dance. The platform will unite talented students worldwide, utilize AI technology for talent recognition, offer scholarships and prizes, have a user-friendly interface, provide skill development tools, and foster collaborative opportunities. The platform is set to launch in Q1 2024.
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Universal Media Group Inc. (OTC:UMGP) announces that their Emmy-nominated television show, 'Before the Fame with Mike Sherman,' will now be available for streaming on Tubi, the leading AVOD television platform in North America. Tubi has 64 million monthly active users and is owned by the Fox Corporation. Universal Media sees Tubi as a fantastic platform to showcase its compelling content.
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Universal Media Group (OTC Pink: UMGP) has announced a partnership with Larry Kasanoff and Threshold Entertainment to develop a reality TV show set in Miami's South Beach, featuring GenZ social media influencers. The collaboration aims to leverage blockchain technology for enhancing audience interaction. Production is set to begin this fall, with a target for mass distribution by fall 2023. The partnership is seen as a strategic step towards increasing content offerings and shareholder value, according to CEO Mike Sherman.

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Universal Media Group (OTC Pink: UMGP) has signed a distribution agreement with Principal Media for its "Before the Fame" content catalog. With growing demand in various European markets, the company aims to produce 20-30 shows annually, projecting revenues between $6 million and $10 million from this franchise. CEO Mike Sherman expressed optimism about exceeding previous production and revenue forecasts, highlighting plans to expand operations and explore merger and acquisition opportunities. The upcoming series will showcase social media influencers, enhancing the franchise's reach and appeal.

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Universal Media Group (OTC Pink: UMGP) has signed an agreement with NFTFLY, a codeless NFT launchpad, to facilitate streamlined NFT projects for creators. The NFT market exceeded $40 billion in 2021, positioning UMGP to aid celebrities in launching their NFT initiatives through a new 'Concierge Service.' The first project involves UFC Hall of Famer Rashad Evans. UMGP plans to introduce multiple projects over the forthcoming weeks, further enhancing its digital media portfolio.

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FAQ

What is the current stock price of UNIVERSAL MEDIA GROUP (UMGP)?

The current stock price of UNIVERSAL MEDIA GROUP (UMGP) is $0.078 as of October 15, 2024.

What is the market cap of UNIVERSAL MEDIA GROUP (UMGP)?

The market cap of UNIVERSAL MEDIA GROUP (UMGP) is approximately 1.1M.

What does Universal Media Group do?

Universal Media Group (UMGP) produces and distributes content across various media platforms, with a focus on celebrity-based programming and 4k programming in social media, TV, motion pictures, and the NFT space.

What are some of UMGP's revenue verticals?

UMGP is expanding into new revenue verticals through program acquisitions, in-house project development, and aggressive national marketing campaigns.

What strategic initiatives is UMGP pursuing?

UMGP is actively broadening its sales channels, domestically and internationally, for existing and new content, while also seeking strategic business investments, partnerships, and acquisitions.

What partnerships and projects is UMGP working on?

UMGP is collaborating with various platforms for content distribution, focusing on celebrity-centric programming, and developing projects in social media, television, motion pictures, and the NFT space.

Where can I get the latest news about UMGP?

To stay updated on UMGP's latest news, developments, and projects, visit the official website or PRISM Mediawire, LLC, for the most recent announcements.

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