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This name is well suited to a company in the entertainment sector.
Chugio has only six characters and three syllables. Leading companies using three syllable names include Nescafé, Adidas and Adobe.
Chugio.com is a dot-com domain. Dot com domains are the most valuable top-level-domain in the world, famously used by websites like google.com. Once you own a dot-com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.