Welcome to our dedicated page for Dolphin Entertainment news (Ticker: DLPN), a resource for investors and traders seeking the latest updates and insights on Dolphin Entertainment stock.
Dolphin Entertainment, Inc. (NASDAQ: DLPN) is a premier independent entertainment marketing and production company, led by CEO and Emmy-nominated producer Bill O'Dowd. The company has earned recognition for creating award-winning entertainment across various platforms and partnering with exceptional content creators, with programs seen in over 300 million homes across 100+ territories globally.
Dolphin Entertainment operates primarily through two segments: Entertainment Publicity and Marketing, and Content Production. The Entertainment Publicity and Marketing division, which generates the majority of Dolphin's revenue, provides diversified marketing services, including public relations, strategic marketing consulting, content marketing, and production of marketing materials. This division serves top brands in the motion picture, television, music, gaming, culinary, hospitality, and lifestyle industries.
The company's subsidiaries, including 42West, The Door, and Shore Fire Media, offer expert strategic marketing and publicity services and have been ranked among the top 50 PR firms in the United States. Additionally, Viewpoint Creative and The Digital Dept. provide comprehensive creative branding and production capabilities along with social media and influencer marketing services. The recent acquisition of Special Projects enhances Dolphin's offerings with talent booking and event production services for high-end clients in media, entertainment, and fashion industries.
Dolphin's content production heritage, under the leadership of Bill O'Dowd, includes producing multiple feature films and award-winning digital series. The company has also entered a multi-year agreement with IMAX to co-produce feature documentaries.
Recent significant developments include:
- October 2023: Acquisition of Premiere Talent Booking, Creative Content, and Event Agency, SPECIAL PROJECTS.
- January 2024: Introduction of Skin Care & Beauty Division within The Digital Dept.
- February 2024: Launch of Young Adult Division within The Digital Dept.
In Q4 2023, Dolphin achieved record revenue of $12.0 million, marking an 8% increase year-over-year despite industry-wide strikes. The company also reported positive Adjusted Operating Income of $0.3 million. Moving into 2024, Dolphin continues to focus on synergy and organic growth, post-acquisition strategy, aiming for sustained revenue growth and positive annual Adjusted Operating Income.
Key partnerships and projects include the launch of 'Staple Gin' with culinary icon Rachael Ray, strategic venue management with Oak View Group, and the promotion of new divisions within subsidiaries to capture market opportunities. Additionally, the company has celebrated the premiere of high-profile projects like Francis Ford Coppola's 'Megalopolis' and the animated feature 'Ghost Cat Anzu' at the Cannes Film Festival.
To learn more, visit: https://www.dolphinentertainment.com.
42West, a subsidiary of Dolphin (NASDAQ:DLPN), will present multiple projects at the 2025 Sundance Film Festival from January 23 to February 2. The lineup includes five projects across different programming sections, including 'ONE TO ONE: JOHN & YOKO' by Oscar-winning director Kevin Macdonald, which will be released by Magnolia Pictures in IMAX theaters on April 11 before expanding to other venues and HBO/Max streaming.
Other premiering projects include Benedict Cumberbatch's 'THE THING WITH FEATHERS', Cooper Raiff's series 'HAL & HARPER' featuring Lili Reinhart and Mark Ruffalo, Amanda Kramer's 'BY DESIGN', and Meera Menon's 'DIDN'T DIE'. The company's success at last year's festival included significant sales: 'MY OLD ASS' and 'SUPER/MAN' each sold for $15 million, while 'IT'S WHAT'S INSIDE' was acquired by Netflix for $17 million.
Dolphin Entertainment (NASDAQ:DLPN) and IMAX Entertainment announce the release of a new 3D version of 'The Blue Angels' documentary in select IMAX institutional theaters globally starting January 17th, 2025. The film, which previously garnered over $2 million at the box office and topped Prime Video, offers unprecedented access to the Navy's elite Flight Demonstration Squadron.
The documentary, produced by Bad Robot, Glen Powell's Barnstorm Productions, Zipper Bros Films, and others, features immersive cockpit footage and aerial shots of the Blue Angels' precision flying. It will be shown across multiple venues including the Smithsonian Udvar-Hazy Center IMAX and Carnival Cruises IMAX Theaters, with a continuous rollout throughout the year.
The film follows the Blue Angels through their training to final show, featuring producer J.J. Abrams and actor-producer Glen Powell's involvement in bringing this unique perspective to audiences.
Dolphin Entertainment (NASDAQ:DLPN) has launched 'The Pod,' a new shareholder loyalty program in partnership with TiiCKER, the world's first shareholder engagement platform. The program offers tiered perks for verified DLPN investors, including gift cards and discount codes to premium brands like Häagen-Dazs, Francis Ford Coppola Wines, Carbone Fine Food, Saysh, and Foster Supply Hospitality.
Shareholders will receive exclusive access to concerts, movie screenings, and celebrity meet-and-greet events throughout the year. Investors can claim their perks by connecting their brokerage accounts at TiiCKER.com/DLPN. The initiative aims to strengthen investor engagement while providing added value to shareholders' investments.
Dolphin Entertainment, known for television and film production, public relations, and marketing solutions, joins other notable companies like Lionsgate, Fubo, and Whirlpool in partnering with TiiCKER's verified perks platform.
Dolphin Entertainment's subsidiary, The Digital Dept., has announced expansion plans for its BRANDEdit influencer showroom experiences and corporate event services in 2025. Building on its successful 2024 performance, where 820 creators generated over 170 million social impressions across 5 events, the company will expand to Nashville while maintaining presence in Los Angeles and New York.
The 2025 schedule includes events in Los Angeles (March and November), New York (May and September), and Nashville (June). Each BRANDEdit experience connects brands with over 150 high-caliber influencers during exclusive two-day events. The company is also expanding into corporate and retail event services, offering comprehensive solutions including creative development, venue sourcing, logistics management, and technology integration.
Shore Fire Media and 42West, subsidiaries of Dolphin (NASDAQ:DLPN), celebrated their clients' recognition at the 47th annual Kennedy Center Honors. Bonnie Raitt and Francis Ford Coppola were honored alongside the Grateful Dead and Arturo Sandoval, with the Apollo Theater receiving special recognition.
The ceremony, hosted by Queen Latifah on December 8, 2024, featured performances by Shore Fire clients including Dave Matthews, James Taylor, Trombone Shorty, and The War And Treaty. Matthews performed tributes to both Raitt and the Grateful Dead, while Taylor joined other artists in performing Raitt's "Nick of Time."
Coppola's tribute included appearances by notable film industry figures such as George Lucas, Martin Scorsese, and Robert DeNiro, along with several members of the Coppola family. The ceremony was broadcast on CBS on December 22, 2024.
Dolphin Entertainment (NASDAQ:DLPN) has announced plans to launch a shareholder loyalty program in early 2025 through a partnership with TiiCKER, a shareholder loyalty and engagement platform. The program will offer verified shareholders tiered benefits based on their investment level, including exclusive access to premium brands, concerts, movie screenings, meet-and-greet experiences, discounts, and gift cards.
The initiative aims to strengthen connections with retail investors by providing unique rewards and experiences. Shareholders will be able to link their brokerage accounts to unlock benefits, with more details about the program's official name and launch date to be announced in the coming weeks.
Dolphin Entertainment (NASDAQ:DLPN) has acquired the rights to adapt Clare Mulley's award-winning biography 'The Woman Who Saved the Children' into a feature film. The book chronicles the life of Eglantyne Jebb, founder of Save the Children in 1919, which reached nearly 106 million children across 115 countries in 2023.
This project marks Dolphin's return to scripted storytelling, following their recent success with 'The Blue Angels' documentary, co-produced with IMAX and JJ Abrams, which became the #1 movie on Amazon Prime over Memorial Day Weekend. The adaptation aims to showcase Jebb's revolutionary work in establishing children's human rights and her legacy in creating one of the world's leading humanitarian organizations.
Elle Communications, a Dolphin (NASDAQ:DLPN) acquisition, announces multiple clients receiving prestigious Anthem Awards for their social impact work. The recognized projects span various sectors including health innovation, human rights, and anti-trafficking initiatives.
Notable winners include Seed Health for their VS-01™ Vaginal Synbiotic product, showing 90% success in clinical trials; Chamber of Mothers for community engagement, reaching 20 million people through maternal rights advocacy; Mónica Ramírez of Justice for Migrant Women for humanitarian leadership; and Laila Mickelwait for the Traffickinghub movement, which gathered over 2.3 million petition signatures against online exploitation.
Rachael Ray's Staple Gin has partnered with FreshDirect to offer exclusive holiday recipes through December 31st in the Tri-State area. The collaboration features curated recipes incorporating Staple Gin, from cocktails to desserts, with easy ingredient ordering through FreshDirect's delivery service. Dolphin Entertainment (NASDAQ:DLPN), through its subsidiary The Door, continues as the official creative marketing partner for Staple Gin, handling marketing initiatives and strategic partnerships. The partnership includes a sweepstakes offering a virtual cookalong with Rachael Ray, cookware, and a FreshDirect gift card.
Dolphin Entertainment (NASDAQ:DLPN) reported strong Q3 2024 financial results with revenue increasing 24.5% year-over-year to $12.7M. The company achieved $0.5M in adjusted operating income, compared to an $0.8M loss in Q3 2023. Nine-month revenue grew 26.6% to $39.4M with adjusted operating income of $1.4M. Despite positive operational performance, the company recorded a net loss of $8.7M, including $6.5M in goodwill impairment. Notable developments include the acquisition of Elle Communications, launch of Always Alpha sports management firm, and ventures in Staple Gin and Loti AI partnership. The company maintains $6.6M in cash and is on track to surpass $50M in revenue for 2024.