Legal Document 14 of 15

Earnings Disclaimer

Effective Date: August 1, 2026 · Last Updated: August 1, 2026

1.IMPORTANT NOTICE
2.NO GUARANTEE OF EARNINGS
3.BREAKING NEWS INDUSTRY DISCLAIMER
4.TESTIMONIALS, EXAMPLES & CASE STUDIES
5.PAST PERFORMANCE DISCLAIMER
6.YOUTUBE, SOCIAL MEDIA & MONETIZATION DISCLAIMER
7.BUSINESS & ENTREPRENEURSHIP RISKS
8.USER RESPONSIBILITY
9.NO PROFESSIONAL ADVICE
10.INDEMNIFICATION
11.DISCLAIMER OF WARRANTIES
12.LIMITATION OF LIABILITY
13.INTERNATIONAL USERS
14.GOVERNING LAW
15.SURVIVAL
16.SEVERABILITY
17.ENTIRE AGREEMENT
18.CONTACT INFORMATION

PLEASE READ THIS EARNINGS DISCLAIMER (“Disclaimer”) CAREFULLY.

This Earnings Disclaimer applies to all educational materials, content, communications, marketing, and Services provided by:

RAISHBROOK MEDIA GROUP, LLC

d/b/a RMG News Academy

578 Washington Blvd, Suite 863

Marina del Rey, California 90292

United States

(“RMG News Academy,” “Company,” “we,” “our,” or “us”).

This Disclaimer applies to all:

websites;
landing pages;
sales pages;
webinars;
educational materials;
courses;
memberships;
coaching;
videos;
emails;
newsletters;
social media content;
testimonials;
interviews;
advertisements;
future offerings;
related Services

(collectively, the “Services”).

By accessing or using the Services, you acknowledge and agree to this Disclaimer.

If you do not agree:

DO NOT USE THE SERVICES.

1. IMPORTANT NOTICE

PLEASE READ THIS DISCLAIMER CAREFULLY.

RMG News Academy provides:

EDUCATIONAL AND INFORMATIONAL CONTENT ONLY.

Nothing within the Services constitutes:

financial advice;
investment advice;
legal advice;
tax advice;
accounting advice;
guaranteed business instruction;
employment guarantees;
guaranteed monetization systems.

Nothing within the Services guarantees:

ANY PARTICULAR FINANCIAL OR BUSINESS RESULT.

You remain solely responsible for:

decisions;
actions;
expenses;
purchases;
business activities;
journalism activities;
monetization decisions.

2. NO GUARANTEE OF EARNINGS

RMG News Academy makes:

NO GUARANTEES

regarding:

earnings;
income;
revenue;
profits;
footage sales;
licensing success;
station sales;
monetization;
YouTube revenue;
sponsorships;
subscribers;
media opportunities;
business success;
journalism outcomes.

We do not guarantee that you will:

make money;
recover investments;
obtain clients;
sell footage;
receive station placements;
build an audience;
generate profits.

Any financial outcomes vary substantially.

3. BREAKING NEWS INDUSTRY DISCLAIMER

The breaking news and journalism industries are:

HIGHLY VARIABLE, COMPETITIVE, AND UNPREDICTABLE.

Financial outcomes may depend upon:

geography;
experience;
timing;
breaking news activity;
market conditions;
local station demand;
legal compliance;
equipment;
consistency;
skill;
professionalism;
relationships;
effort.

Some individuals may earn:

substantial income;
occasional income;
no income at all.

Nothing in the Services guarantees:

FOOTAGE SALES OR LICENSING SUCCESS.

4. TESTIMONIALS, EXAMPLES & CASE STUDIES

The Services may reference:

Howard Raishbrook;
RMG News;
students;
guests;
interviews;
testimonials;
examples;
screenshots;
case studies;
success stories.

These examples reflect:

INDIVIDUAL EXPERIENCES ONLY.

Examples are intended for:

EDUCATIONAL AND ILLUSTRATIVE PURPOSES.

They should NOT be interpreted as:

promises;
guarantees;
typical results;
expected earnings;
guaranteed monetization.

Results vary substantially between individuals.

5. PAST PERFORMANCE DISCLAIMER

Past success does not guarantee:

FUTURE RESULTS.

Prior outcomes involving:

Howard Raishbrook;
RMG News;
students;
guests;
case studies;
testimonials

do not establish:

TYPICAL, EXPECTED, OR GUARANTEED OUTCOMES.

Economic conditions, station demand, platform algorithms, competition, technology, and industry trends may change at any time.

6. YOUTUBE, SOCIAL MEDIA & MONETIZATION DISCLAIMER

The Services may discuss:

YouTube growth;
monetization;
sponsorships;
social media growth;
licensing revenue;
business building;
audience growth.

However:

PLATFORM RESULTS ARE NOT GUARANTEED.

Platforms may change:

algorithms;
monetization rules;
eligibility requirements;
advertising policies;
visibility;
audience reach.

Nothing in the Services guarantees:

subscribers;
views;
revenue;
monetization;
sponsorships;
audience growth.

7. BUSINESS & ENTREPRENEURSHIP RISKS

Starting a journalism, media, licensing, or content business may involve:

FINANCIAL RISK.

Potential risks include:

equipment expenses;
fuel costs;
vehicle costs;
subscription costs;
legal expenses;
business losses;
unsuccessful footage sales;
failed monetization;
operational expenses.

You acknowledge that:

LOSSES ARE POSSIBLE.

You remain solely responsible for evaluating risks.

8. USER RESPONSIBILITY

You acknowledge that:

YOU ALONE ARE RESPONSIBLE

for:

financial decisions;
purchases;
investments;
business decisions;
journalism decisions;
licensing decisions;
monetization decisions;
tax compliance;
legal compliance.

You agree not to rely solely upon educational content when making:

FINANCIAL, BUSINESS, LEGAL, OR HIGH-RISK DECISIONS.

Independent judgment remains your responsibility.

9. NO PROFESSIONAL ADVICE

The Services are provided solely for:

EDUCATIONAL AND INFORMATIONAL PURPOSES.

Nothing within the Services constitutes:

legal advice;
tax advice;
accounting advice;
investment advice;
financial planning advice;
business consulting guarantees;
employment guarantees.

You should consult qualified professionals regarding:

taxes;
accounting;
legal matters;
licensing;
business formation;
financial planning.

Nothing in the Services creates:

A PROFESSIONAL-CLIENT RELATIONSHIP.

10. INDEMNIFICATION

You agree to:

DEFEND, INDEMNIFY, AND HOLD HARMLESS

Raishbrook Media Group, LLC d/b/a RMG News Academy and its:

owners;
employees;
contractors;
instructors;
affiliates;
licensors;
contributors;
guests;
representatives;
successors;
assigns

from and against any:

claims;
lawsuits;
investigations;
liabilities;
damages;
settlements;
judgments;
penalties;
attorneys\’ fees;
costs

arising out of or relating to:

your reliance on earnings-related content;
business decisions made based upon the Services;
financial decisions made based upon the Services;
monetization decisions;
licensing decisions;
journalism activities;
unlawful conduct;
misuse of information obtained through the Services;
violation of this Disclaimer;
violation of law.

This obligation survives termination.

EXCEPT WHERE PROHIBITED BY APPLICABLE LAW.

11. DISCLAIMER OF WARRANTIES

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

THE SERVICES ARE PROVIDED:

“AS IS” AND “AS AVAILABLE.”

RMG News Academy makes no guarantee regarding:

earnings;
profits;
footage sales;
monetization;
licensing success;
sponsorships;
subscribers;
YouTube growth;
audience growth;
business outcomes;
journalism success.

Nothing within the Services guarantees:

ANY PARTICULAR FINANCIAL OR BUSINESS RESULT.

12. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

RAISHBROOK MEDIA GROUP, LLC D/B/A RMG NEWS ACADEMY, ITS OWNERS, EMPLOYEES, CONTRACTORS, INSTRUCTORS, AFFILIATES, LICENSORS, CONTRIBUTORS, REPRESENTATIVES, SUCCESSORS, AND ASSIGNS SHALL NOT BE LIABLE FOR:

business losses;
financial losses;
monetization failures;
unsuccessful footage sales;
failed licensing efforts;
YouTube monetization failures;
sponsorship losses;
reputational harm;
lost profits;
lost income;
indirect damages;
incidental damages;
consequential damages;
punitive damages.

TO THE FULLEST EXTENT PERMITTED BY LAW:

OUR TOTAL AGGREGATE LIABILITY

shall not exceed:

THE TOTAL AMOUNT ACTUALLY PAID BY YOU

for the applicable Service giving rise to the claim during the preceding:

TWELVE (12) MONTHS.

13. INTERNATIONAL USERS

You acknowledge that laws governing:

business claims;
advertising;
endorsements;
testimonials;
consumer rights;
financial representations

may vary substantially between jurisdictions.

You remain solely responsible for complying with laws applicable to your:

LOCATION AND ACTIVITIES.

Nothing in this Disclaimer limits:

NON-WAIVABLE LEGAL RIGHTS

where required by applicable law.

14. GOVERNING LAW

This Disclaimer shall be governed exclusively by:

THE LAWS OF THE STATE OF CALIFORNIA

without regard to conflict-of-law principles.

Disputes relating to this Disclaimer shall be governed by the:

including mandatory arbitration provisions.

15. SURVIVAL

The following provisions survive termination indefinitely:

legal disclaimers;
indemnification;
limitation of liability;
user responsibility;
governing law;
dispute resolution.

16. SEVERABILITY

If any provision of this Disclaimer is determined unenforceable:

THE REMAINING PROVISIONS SHALL REMAIN IN FULL FORCE AND EFFECT.

17. ENTIRE AGREEMENT

This Disclaimer shall be interpreted consistently with:

Terms of Service & User Agreement;
Refund & Billing Policy;
Website Disclaimer & Legal Notice;
Affiliate Disclosure Policy;
Privacy Policy;
Media & Journalism Legal Notice.

In the event of a direct conflict between this Disclaimer and the:

the Terms of Service shall control,

except where expressly stated otherwise or where prohibited by applicable law.

18. CONTACT INFORMATION

RMG NEWS ACADEMY

Raishbrook Media Group, LLC