October 6, 2008

CMG Holdings Inc., Creative Management Group Agency (CMGO) To Represent Pat O’Brien, 4 Time NEWS Emmy Winner, Reporter on 9 Olympic Games and Marquee Entertainment Host

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 been engaged by personality Pat O'Brien for representation.

O'Brien formerly served as host of CBS Television's The Insider, and has been involved with television broadcast since the early 1970's, including news and entertainment reporting. Prior to hosting The Insider, O'Brien was co-host of Access Hollywood for seven years. A long-time sports broadcaster, O'Brien covered the Summer Olympic Games in both Sydney and Athens for the NBC network, and covered the United States Open tennis tournament at the Billie Jean King Tennis Center in Flushing, New York for CBS.

Mr. O'Brien said of his partnership with CMG, "I am very impressed with Creative Management Group Agency's work. Alan Morell is a lifeline of contacts and is the best!"

Alan Morell, CEO of Creative Management Group Agency and lead agent handling the partnership with O'Brien said, "We are honored to represent Pat, who is a uniquely talented and highly trusted interviewer of athletes and personalities within the markets of sports and entertainment, and we are thrilled to be associated with Pat's esteemed history - and dynamic future - of hosting marquee programming."

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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.