CMG Holdings Inc., Creative Management Group Inc. (CMG) to Acquire Around the Point

2008-07-17 12:14:00

NEW YORK–(EMWPresswire)–CMG Holdings, Inc. (OTCBB: CMGO), a full service global marketing,

sports, entertainment and management communications company, that

operates in the sectors of talent management, event management and

commercial rights, has executed a Letter of Intent to acquire Around the

Point, a Nantucket, Massachusetts based website design and development

company.

Around the Point is a website consulting company providing a wide range

of quality design, development and maintenance services to support the

business success of its clients and has a proven track record of

successful online marketing campaigns, print advertising, expertise and

internal IT operations. Around the Point also provides a wide range of

quality web design, development and consulting services, website

analysis, website design and development, website maintenance, graphic

design, photography services and tools, and multimedia presentations. A

leading web designer on Nantucket, Around the Point services include

professional web designs to meet the needs of the end-users, consulting

services to clients to determine web goals, needs and expectations to

develop customized sites, sites analysis including cross-browser

compatibility, back-end structural needs, marketing and advertising

opportunities.

About CMG

CMG Holdings, Inc. is a full service global marketing, sports,

entertainment and management communications company that operates in the

sectors of talent management, event management and commercial rights.

Talent Management includes representation of personalities in the

entertainment and the arts, athletes, literary industries through full

service representation to enable clients to realize up most potential

for endorsements, licensing, contract negotiations, speaking

appearances, literary and television image marketing. CMG represents

athletes and sports personalities in team and non-team sports in a

full-service approach ensuring individualized attention and commitment

to manage clients business opportunities. CMG

manages broadcasters and actors careers and assists the engineering

opportunities in film, broadcast and television and packaging with

corporate sponsors. CMG literary division provides full service

representation to authors for publishing in traditional houses as well

as electronic media including television, film, radio and after market

licensing to ensure greatest exposure and to increase client revenues.

Event Management includes marquis hospitality, sponsorships and

licensing, broadcast production and implementation of events including

hospitality services to the most discriminating of clients in sports

sectors including golf, tennis, equine and motor sports pairing

corporate sponsors and premier events and leveraging that experience to

ensure our clients receive the highest return on their investment and

level of brand exposure. CMG is dedicated to pursuing intellectual

property rights of sports and entertainment properties and offering

these events through long-term entertainment hospitality packages for

corporate sponsors and manage and implement on-site operations and

logistical concerns. CMG broadcast and production division secures,

negotiates electronic production, broadcast and syndication

opportunities for clients via network, cable television, radio and

digital media.

Commercial Rights includes branding, consulting, endorsements,

licensing, sponsorships, sales and marketing. CMG creates branding and

distributes image marketing tools to strategic outlets to generate

premier brand recognition for our clients. CMG consulting focuses on

developing high-profile programs utilizing creative solutions to improve

cost-efficiency and increase client revenues. CMG endorsement, licensing

and sponsorships division works with premier corporations regarding

contract negotiations for client endorsements, secure domestic and

international licensing opportunities, provide implementation and

execution services for client sponsorships. CMG marketing division

positions and leverages our clients to increase their presence in the

global market through research of business environments and creative

solutions to take advantage of given market conditions. CMG sales

includes creating commercial rights opportunities, identifying sales

targets and strategically selling commercial rights to maximize client

revenues.

Creative Management Group is headquartered in Miami, Florida with a

marketing and sales office in New York City.

CMG Holdings, Inc.
Creative Management Group, Inc.
Jim Ennis,

COO, 212-521-4111
investorrelations@creativemanagementgroup.com
www.creativemanagementgroup.com
www.cmgholdingsinc.com
or
Viriathus

Consulting
Maria Zervas, 212-372-0897
Managing Director
maria.zervas@viriathus.com
www.viriathus.com

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