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Kartoon Studios Inc. - $TOON STOCK NEWS

Welcome to our dedicated page for Kartoon Studios news (Ticker: $TOON), a resource for investors and traders seeking the latest updates and insights on Kartoon Studios stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kartoon Studios's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kartoon Studios's position in the market.

Rhea-AI Summary
Kartoon Studios (NYSE American:TOON) offers exclusive AI-enhanced digital art to shareholders of record on June 26, 2023, to commemorate its first day trading on the NYSE. The art features characters from popular animated content including Warren Buffett’s Secret Millionaires Club, Shaq’s Garage, Llama Llama, Stan Lee’s Superhero Kindergarten, and Rainbow Rangers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.31%
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none
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Rhea-AI Summary
Kartoon Studios provides Q2 2023 business update, citing revenue decline due to industry-wide slowdown caused by anticipated and ongoing strikes. However, orders are picking back up and significant series are expected to greenlight soon. Kartoon Channel! sees significant growth and is less dependent on third-party networks. The company is encouraged by growing projects, including the successful launch of Shaq's Garage. Kartoon Studios also announces initiatives to leverage and monetize the Stan Lee brand. Expense reductions have been implemented, and the company reports revenue of $11.0 million and $25.2 million for the three and six months ended June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.31%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.85%
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none
Rhea-AI Summary
Kartoon Studios (NYSE:TOON) Celebrates 10th Anniversary of Bee and PuppyCat with Over 1 Million Streams for Newly Released Soundtrack and Expanding Retail Line
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.71%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
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partnership
Rhea-AI Summary
Legible Inc. appoints Michael and David Uslan as Strategic Advisors to advance its browser-based e-reading platform. The Uslans will contribute their expertise in the entertainment and publishing industries to develop never-before-seen Stan Lee properties. Legible's technology aims to transform online comic book reading with multimedia integrations. The appointment aligns with Legible's vision of revolutionizing the digital reading and publishing landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
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none
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.07%
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Rhea-AI Summary
Kartoon Studios partners with Legible to publish and distribute Stan Lee Comics. They will develop 12 original comic book series based on Stan Lee's creations. Legible will provide a platform for digital and print distribution. The launch coincides with Stan Lee's 100th birthday celebration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.15%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.15%
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none
Kartoon Studios Inc.

NYSE:TOON

TOON Rankings

TOON Stock Data

41.75M
32.79M
9.47%
8.4%
6.67%
Motion Picture and Video Production
Information
Link
United States of America
BEVERLY HILLS

About TOON

genius brands international inc (gnus) is an entertainment company located in 5820 oberlin dr, san diego, ca, united states.