STOCK TITAN

Universal Media - UMGP STOCK NEWS

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

Universal Media Group (UMGP) delivers innovative digital content across streaming platforms, social media, and emerging technologies. This news hub provides investors and industry observers with essential updates on corporate developments shaping the entertainment landscape.

Track UMGP's latest press releases and announcements including earnings reports, content partnerships, and strategic initiatives. Our curated collection features updates on celebrity-driven programming, interactive media innovations, and expansion into new distribution channels.

Key updates cover financial performance metrics, content licensing deals, technology integrations, and leadership announcements. Users will find timely information on UMGP's multi-platform distribution strategies and digital content monetization efforts.

Bookmark this page for direct access to primary source materials and analysis-free updates. Check regularly for the latest developments in UMGP's evolving position within competitive digital entertainment markets.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.78%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced key updates on October 15, 2021. The company appointed Lamorne Morris and Rashad Morris as new directors, enhancing its leadership team. CEO Mike Sherman expressed excitement about their contributions to ongoing projects. Furthermore, Rashad Evans and Mike Sherman will launch a new podcast titled 'Suga & Sherm', featuring prominent guests from sports and entertainment. The company continues to diversify its portfolio, focusing on various verticals including a developing NFT platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced a planned forward share split of 5 for 1, aimed at increasing investor accessibility without affecting total market value. CEO Mike Sherman emphasized the intention to provide shareholder value without stock dilution. The company is also finalizing its financial audit for an upcoming uplisting and hinted at exciting developments, including new distribution relationships and business opportunities in film and media.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.92%
Tags
none
-
News
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced significant corporate expansion steps as of September 14, 2021. The company has retired several outstanding liabilities from 2017 and 2019 and engaged a PCAOB-compliant accounting firm for financial auditing and uplisting plans. Upcoming highlights include the development of the High School Icon App, expecting a Q4 2021 launch, and major distribution news for its series 'Before The Fame'. CEO Mike Sherman emphasized the company's active engagement in multiple media projects and NFT collaborations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
none
-
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced a special episode of its documentary series “Before The Fame” focusing on Michael Jackson, airing on September 12, 2021, after the MTV Video Music Awards. This episode features exclusive footage and insights from Jackson's keyboardists. The company also highlighted significant distribution opportunities in streaming and prime time with CBS Viacom across major markets, indicating growth potential. The VMAs will return live to New York City, featuring performances from top artists, which may enhance viewership and interest in UMGP’s series.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
Tags
none
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced the launch of the "Suga & Sherm Podcast," hosted by UFC Hall of Famer Rashad Evans and TV producer Mike Sherman. The podcast will cover a variety of topics including sports, music, and current events, featuring guests like Georges St-Pierre and Mickey Rourke. UMGP is expanding its programming portfolio with diverse new projects and initiatives, aiming to attract notable names from various entertainment sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.27%
Tags
none
-
Rhea-AI Summary

Universal Media Group (OTC: UMGP) is set to air a special edition of its weekly series, Before The Fame, featuring legendary keyboardists Greg Phillinganes and Rory Kaplan, who played alongside Michael Jackson for over a decade. The show, showcasing behind-the-scenes footage and performances of classic hits, will premiere on CBS affiliate WBFS MY 33 Miami this Saturday and will later be available on the TitanPro Network. UMGP operates in multiple media sectors and is involved in developing an NFT platform and a new podcast.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.14%
Tags
none
-
Rhea-AI Summary

Universal Media Group (OTC Pink: UMGP) announced a new distribution deal with KKAI 50 TV for the Honolulu area, expanding its reach in Hawaii. The company produces the documentary series 'Before The Fame,' featuring sports and entertainment icons. This deal allows daily broadcasts on KKAI 50, highlighting stars like Mike Tyson and DJ Khaled. President Mike Sherman noted the significance of this distribution in an underserved market. Future plans include efforts to uplist to OTCQB, with aspirations for a Nasdaq listing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
Rhea-AI Summary

Universal Media Group Inc. (OTC Pink: UMGP) has announced a distribution agreement with KKAI 50 TV to broadcast its documentary series “Before The Fame” in Honolulu, Hawaii. The series features renowned personalities from sports, music, and entertainment. President Mike Sherman highlighted the significance of this deal, noting the underserved market in Hawaii. The show will air Monday through Friday, enhancing local access to high-demand content. Additionally, the company plans to uplist to OTCQB and aims for Nasdaq uplisting.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
Universal Media

OTC:UMGP

UMGP Rankings

UMGP Stock Data

1.34M
25.26M
Entertainment
Communication Services
Link
United States
Boca Raton