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News Release for Immediate Release
CMG Holdings Inc., Creative Management Group Agency (CMGO) Vice President Andrew Spencer to pen Bear Trap: The Fall of Bear Stearns and the Panic of 2008 for Brick Tower Press.
New York, NY (May 1)…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, is pleased to announce that Creative Management Group Agency Vice President of Literary Andrew Spencer has been tapped by New York-based Brick Tower Press to co-author the story of the Bear Stearns collapse in a book entitled Bear Trap: The Fall of Bear Stearns and the Panic of 2008, the first mass-market book on the subject.
Spencer has been given a ninety-day deadline from the publisher in which to complete the project, but he has assured everyone involved that it will come in earlier than that. Spencer has met with a former Senior Managing Director from Bear Stearns, on whom the first-person narrative will be based, and the two will continue to meet as needed. “This is an incredibly exciting opportunity for me personally and professionally,” said Spencer, “but more importantly, this is a phenomenal opportunity for the Creative Management Group Agency as a whole.”
The book project is just the beginning, though, as Alan Morell, President of Creative Management Group Agency, is planning to launch a network bidding process for the electronic rights to Bear Trap in mid-June of this year. Said Mr. Morell, “Bear Trap is the most powerful Wall Street story since the collapse of Drexel, and it has the added drama of the complexities and politics of the Federal Reserve Bank’s involvement. This is tailor-made for a television true-drama story.”
Bear Trap should be available in bookstores by late August, 2008.
For more information:
www.creativemanagmentgroup.com
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 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, and 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 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.
For further information:
CMG Holdings, Inc.
Creative Management Group, Inc.
Jim Ennis, COO
investorrelations@creativemanagementgroup.com
www.creativemanagementgroup.com
