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Clubhouse Media Group, Inc. Finalizes Brand Deal With Katie Schwartz Star of "Vanderpump Rules" TV Show

Clubhouse Media Group, Inc. (CMGR) has announced a social media brand promotion deal with Katie Maloney-Schwartz, star of Vanderpump Rules, through The Reiman Agency.

(Very High)

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Rhea-AI Summary

Clubhouse Media Group, Inc. (CMGR) has announced a social media brand promotion deal with Katie Maloney-Schwartz, star of Vanderpump Rules, through The Reiman Agency. This partnership highlights CMGR's ongoing strategy to collaborate with top talent, having previously secured deals with celebrities like Mike Tyson and Mandy Moore. CEO Amir Ben-Yohanan expressed confidence in the agency's growth over the coming years, aiming to enhance their portfolio within the influencer space.

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Positive

  • Finalized brand promotion deal with Katie Maloney-Schwartz, enhancing CMGR's influencer portfolio.
  • Previous partnerships with high-profile celebrities like Mike Tyson, Mandy Moore, and others indicate strong market presence.
  • CEO's statement reflects confidence in future growth and continued deal-making.

Negative

  • None.
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News Market Reaction – CMGR

The recorded move for CMGR in the trading session of this news was +7.80%.

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LOS ANGELES, March 14, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that they have finalized a social media brand promotion deal with Katie Maloney-Schwartz, star of the hit television series Vanderpump Rules, through their partnership with The Reiman Agency.  The show has been on cable television for nine years and is the recipient of multiple awards.

"We are closing deals with top talent on a regular basis" said Alden Reiman CEO of The Reiman Agency. "Katie and her team were really great to work with.  This is just one of the many deals that we are working on.  We look forward to continuing on this path."

"Our goal is to build out the agency over the next couple of years" said Amir Ben-Yohanan, CEO of CMGR.  "We have seen tremendous growth since beginning our partnership with The Reiman Agency.  In a short amount of time we have inked deals with Mike Tyson, Mandy Moore, Josh Peck, Soulja Boy, and many other artists and celebrities."

About Clubhouse Media Group, Inc.

CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.

SOURCE Clubhouse Media Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recent deal did CMGR announce on March 14, 2022?

On March 14, 2022, Clubhouse Media Group announced a brand promotion deal with Katie Maloney-Schwartz, a star from Vanderpump Rules.

Who are some celebrities CMGR has partnered with recently?

CMGR has secured deals with celebrities including Mike Tyson, Mandy Moore, Josh Peck, and Soulja Boy.

What does CMGR aim to achieve in the coming years?

CMGR aims to build its agency and enhance its portfolio within the influencer space over the next couple of years.

What is the stock symbol for Clubhouse Media Group?

The stock symbol for Clubhouse Media Group is CMGR.

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