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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 (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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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Universal Media Group (OTC PINK:UMGP) has announced a non-exclusive International Distribution Agreement for its TV series Before the Fame. The series, showcasing notable personalities in music, sports, and entertainment, will be available on video-on-demand platforms in Australia, New Zealand, Vietnam, and South Africa starting September 2020. It will be featured on Fawesome and Msasa Movies, which are accessible on various smart devices. This international reach aims to expand UMGP’s audience and enhance viewer engagement through its innovative content.

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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 $0.0181 as of January 10, 2025.

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

The market cap of UNIVERSAL MEDIA GROUP (UMGP) is approximately 562.7K.

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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