Clubhouse Media Group Expands into Vegas Market with Launch of “Society Las Vegas” 10K Sq. Ft. Las Vegas Content Mansion
Boustead Securities' client, Clubhouse Media Group (OTCMKTS: CMGR) (“Clubhouse Media” or the “Company”), an influencer-based marketing and media firm with a global aggregate social media reach of over 100 million followers, announced the official launch of its newest major content house, “Society Las Vegas,” a luxurious 10,000-square-foot mansion optimally located in central Las Vegas.
“The Society Las Vegas mansion is stunning and sits right in the heart of Vegas" said Chris Young, Co-Founder of Clubhouse Media Group. "We already have talented influencers in the house gaining rapid traction, and we are actively working to dramatically expand that traction through collaborative activity with heavily followed top influencers at other Clubhouse locations as well as the coming addition of new stars to the permanent roster at Society Las Vegas.”
Society Las Vegas launched in early February and its influencers have already courted a large aggregate following on both TikTok and Instagram. Top influencers from Just a House and Clubhouse BH have already visited the Las Vegas location multiple times in recent weeks to collaborate with the goal of further expanding social media reach across all platforms, including TikTok, YouTube, Instagram, Twitter, Clubhouse App, and Snapchat.
The Company is also preparing to add established star influencers to the new location over the very near term and is actively looking for additional properties in Las Vegas to further expand its presence in the Neon Capital.
Young added, “We believe expanding into the Vegas market will represent a powerful catalyst for growth, because it diversifies our reach into the 21-plus age bracket and engages followers with higher average household income levels, which complements our current influencer end-market footprint and gives us access to a fresh field of valuable branding opportunities.”
Clubhouse recently announced the signing of an exclusive social media consulting deal with international superstar singer and songwriter Austin Mahone. Mahone has been topping the charts for the last decade, becoming one of the most recognizable icons in pop culture over recent years, now boasting more than 36 million followers combined across social platforms, surpassing 615 million worldwide streams to date on Spotify alone, and amassing over one billion YouTube total views. The collaboration will officially launch with Mahone moving into Clubhouse BH, the Company’s popular LA-based social content creation house. Doiyen Management, the Company’s in-house digital talent incubator and influencer management business, will work with Austin and his current longstanding music management team at Chase Entertainment, led by founder Michael Blumstein.
“We’re excited to team up with Doiyen to help take Austin’s social media to the next level,” says Michael Blumstein. “The Doiyen team really understand the intricacies of platforms such as TikTok and Instagram. They have an incredible roster of influencers who are the taste makers of social media. They truly compliment Austin’s career as a global recording artist. We look forward to what the future brings.”
About Clubhouse Media Group Clubhouse Media Group represents the future of influencer media and marketing, with a global network of professionally run content houses, each of which has its own brand, influencer cohort and production capabilities. The Clubhouse 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. The Clubhouse management team consists of successful entrepreneurs with financial, legal, marketing and digital content creation expertise.
About Boustead Securities, LLC
Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit: www.boustead1828.com
Form CRS/Reg BI Disclaimer:
Boustead Securities, LLC, Sutter Securities Inc., and Sutter Securities Clearing,LLC (SSC) are registered with the Securities and Exchange Commission (SEC) as broker-dealers and are members of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing. When we provide you with a recommendation, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates a conflict with your interests. Please strive to understand and ask us about these conflicts because they can affect the recommendations we provide you. There are many risks involved with investing. For Boustead Securities customers and clients, please see our Regulation Best Interest Relationship Guide on the Form CRS Reg BI page on our website at https://www.boustead1828.com/form-crs-reg-bi. For Sutter Securities’ and Sutter Securities Clearing’s customers and clients, please see the Form CRS on the website at https://suttersecurities.com/wp-content/uploads/2020/12/Sutter-Form-CRS-combined-121020.pdf. For FlashFunders’ visitors, you may review the Form CRS of Boustead Securities, Sutter Securities and Sutter Securities Clearing under the Form CRS section. Please also carefully review and verify the accuracy of the information you provide us on account applications, subscription documents and others.
Forward-Looking Statements
This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.