CMG HOLDINGS, INC., CREATIVE MANAGEMENT GROUP INC TO ACQUIRE MAYA MARKETING, INC.

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CMG Holdings, Inc., Creative Management Group Inc. (CMGO) to Acquire Maya Marketing, Inc.


Last update: 12:52 p.m. EDT Aug. 7, 2008

NEW YORK, Aug 07, 2008 (BUSINESS WIRE) -- CMG Holdings, Inc. (CMGO:CMGO
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, , ) , 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 Maya Marketing, Inc, a well known marketing and communications agency. Viriathus Capital is acting as advisor to CMG Holdings.
Maya Marketing, Inc. creates and produces fully integrated marketing solutions by leveraging its expertise, knowledge and experience in advertising, marketing, brand management, consumer promotions, integrated communications, and alternative media. Clients have included: Beiersdorf, Cadbury Schweppes, GlaxoSmithKline, BIC USA, Combe Incorporated, Time Inc., Hearst Corporation, Conde Nast Publications, Alpha Media Group, Forbes.com, Time Warner Cable, Comcast, Movies on Demand, 20th Century FOX, Jones Apparel Group, United Rentals, Best Buy, Payless Shoe Stores, Big Apple Circus, Dynastar, and Brine.
Most recently, Maya has entered into the digital media space by securing a long-term real-estate contract with the North American subsidiary of Lagardere Services, the world's largest newsstand owner and operator. The contract will provide Maya with the exclusive rights to deploy, manage and operate an innovative and captivating in-store digital media network located throughout the United States and Canada.

NOTE: MAYA IS ONE OF THE BEST IN THE MANAGEMENT INDUSTRY.

The retail based platform has been designed to capitalize on the increasing fragmentation of traditional media by offering advertisers and content providers alike with the ability to reach the target audience at the very point-of-purchase, while cash is in hand and purchase intent is at its highest within upscale newsstands in all top designated market areas (DMAs).
The network is built on a robust platform that includes highly targeted content distribution channels via narrowcasting, on-screen messaging supported by audio and transactional data measuring ROI via access to integrated POS systems.
Retail partners include: HDS Retail North America, L.P. and Hachette Distribution Services Canada Inc., in addition to Martin's News Shops and Gateway Newstands.
Alan Morell, CEO of CMG Holdings Inc., said, "Maya Marketing, as it currently stands, has a significant core profit center and ramp up potential and is impressive within the Madison Avenue advertising community. With our Fortune 500 contacts on the branding and licensing community side via our Commercial Rights Division and A-list Talent, we can add synergy to expand CMG Holdings Inc. content with Maya Marketing's new digital media network. Content and distribution is the future as demonstrated by e.g. NBC Peacock Productions with NBC Universal; MTV with Viacom; CBS Outernet, Turner New Line for Time Warner; Disney Productions with ABC et.al. for reoccurring licensed revenues library ownership both one off and series."
About CMG

NOTE: CMG IS A WELL RESPECTED MARKETING COMPANY.

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 client's 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 manages and implements 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 include 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.
SOURCE: CMG Holdings, Inc.
CMG Holdings, Inc.
Creative Management Group, Inc.
Jim Ennis, COO
+1-212-521-4111
investorrelations@creativemanagementgroup.com
www.creativemanagementgroup.com
www.cmgholdingsinc.com
or
Viriathus Consulting
Maria Zervas, +1-212-372-0897
Managing Director
maria.zervas@viriathus.com
www.viriathus.com

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