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News Release for Immediate Release
CMG Holdings Inc., Creative Management Group Inc. Agency (CMGO) Signs Edward “Ned” Powell For Full-Service Representation.
New York, NY (May 5, 2009)…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 has signed former United Services Organization CEO Edward “Ned” Powell to full-service representation.
A former Navy Yeoman who earned both undergraduate (BA Economics, Washington and Lee) and graduate (MBA University of North Carolina) degrees using his GI Bill benefits, Edward Powell has a long and distinguished career in business, buying his first company at the age of 31. President Bill Clinton appointed him to serve as Assistant Secretary for Financial Management, and he was later named the Deputy Secretary for the Department of Veterans’ Affairs. Acting in that capacity, Powell oversaw an annual budget in excess of $48 billion, and under his leadership the VA received the first clean-audit option in that organization’s history. He was rewarded with the VA’s Exceptional Service Award and was named the Distinguished Federal Executive in 2000. He then went on to head up the USO, retiring from that position in 2007.
Alan Morell, CEO of Creative Management Group Inc. Agency, who will be the lead agent for Edward Powell, said of the signing, “It is a distinct honor and pleasure to represent Ned across the private sectors of literary, broadcast and corporate. His executive leadership at the USO and the Department of Veterans Affairs reaffirms his dedication and sincere motivation of giving back as endorsed by Presidents Clinton and Obama.”
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
