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.
Dolphin Entertainment (NASDAQ:DLPN), through its subsidiary Shore Fire Media, successfully led publicity for the 4th Annual Bud Light Super Bowl Music Fest held from February 9-11, 2023, in Phoenix, AZ. The three-night event attracted over 38,000 attendees and featured top artists such as Imagine Dragons, Kane Brown, Paramore, and Dave Matthews Band. The festival is recognized as a key part of Super Bowl weekend festivities, bringing fans and music lovers together. The event's success reinforces Dolphin Entertainment's role in enhancing the overall Super Bowl experience and showcases its marketing capabilities.
Dolphin Entertainment (NASDAQ: DLPN) congratulates its subsidiary, Shore Fire Media, which achieved considerable recognition at the 65th Annual GRAMMY Awards, securing a total of fourteen awards. Notable wins included Song of the Year for Bonnie Raitt’s "Just Like That" and Best New Artist for Samara Joy. Shore Fire clients also included Maverick City Music, which won four awards, and Tobias Jesso Jr., who received the inaugural Songwriter of the Year award along with Album of the Year for his contributions to Harry Styles' Harry's House. The event showcased impressive performances and further solidified Shore Fire's reputation in the industry.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) reported positive outcomes for its subsidiary, 42West, at the 2023 Sundance Film Festival. The firm secured four prestigious awards, including the U.S. Dramatic Special Jury Award for Creative Vision for Magazine Dreams and two awards for The Persian Version. All eight films represented by 42West at the festival received favorable reviews, showcasing the company's robust presence in the entertainment industry. Dolphin Entertainment continues to enhance its reputation through strategic marketing and publicity services as it positions itself amid evolving industry demands.
Dolphin Entertainment announces a co-branded retail experience for Funko in collaboration with iconic artist Snoop Dogg. Located near SoFi Stadium, this innovative storefront offers exclusive products, including Pop! figures and Loungefly accessories, celebrating Snoop's diverse career in sports, music, and entertainment. The retail experience features unique photo opportunities, including life-sized figures and a large mural. 42West/BHI, Dolphin's public relations subsidiary, is responsible for this initiative, highlighting its expertise in entertainment marketing.
Dolphin Entertainment (NASDAQ:DLPN) announced that CEO Bill O'Dowd will present at the Virtual Investor Summit on January 26, 2023, at 10:00 am ET. The event is complimentary for qualified investors, who can register here. In addition to the presentation, one-on-one meetings will be available. The Investor Summit will connect smallcap and microcap companies with over 120 qualified investors across various sectors. Dolphin Entertainment is known for its marketing and production services in the entertainment industry, boasting multiple award-winning projects.
Dolphin Entertainment (NASDAQ:DLPN) announced that its subsidiaries, 42West and Shore Fire Media, have made it to The Observer's PR Power List Honor Roll, highlighting their excellence in public relations. 42West gained recognition for its roster of entertainment clients, while Shore Fire Media was acknowledged for securing a record number of Grammy nominations for clients. This validation supports Dolphin's strategy of building a unique entertainment marketing 'Super Group.'
Both agencies are recognized for their significant contributions to the entertainment industry, enhancing Dolphin's market position.
Dolphin Entertainment (NASDAQ:DLPN) celebrates its subsidiary Shore Fire Media for achieving a record 43 nominations for the 2023 GRAMMY Awards, surpassing the previous record of 38 in 2005. Notable nominations include Song Of The Year for Bonnie Raitt's 'Just Like That' and Best New Artist for Samara Joy. Several artists earned multiple nominations, including Maverick City Music (5), Bonnie Raitt (4), and PJ Morton (3). The awards ceremony will be held on February 5, 2023, at the Crypto.com Arena, Los Angeles.
Dolphin Entertainment (NASDAQ: DLPN) announced the acquisition of Socialyte, a leading influencer marketing agency based in New York. This addition enhances Dolphin's portfolio alongside Be Social and renowned PR firms like 42West and Shore Fire Media. Socialyte, with a team of 40 and over 125 influencers, collaborates with major brands such as Amazon and Olay, securing thousands of campaigns annually. Dolphin CEO Bill O'Dowd highlighted the growth potential in influencer marketing, emphasizing the synergy between Socialyte and existing agencies.
Dolphin Entertainment (NASDAQ:DLPN) reported a 5% increase in Q3 2022 revenue, reaching $9.9 million compared to $9.4 million in Q3 2021, on track to exceed $40 million in annual revenue.
However, the company faced a net loss of $1.3 million for the quarter and a working capital surplus of $2.1 million, down from $3.3 million YoY. They acquired Socialyte and launched new marketing initiatives, including the successful NFT collection, Creature Chronicles, selling out in 90 minutes.
FAQ
What is the current stock price of Dolphin Entertainment (DLPN)?
What is the market cap of Dolphin Entertainment (DLPN)?
What services does Dolphin Entertainment provide?
Who is the CEO of Dolphin Entertainment?
What are Dolphin Entertainment’s main business segments?
What recent acquisitions has Dolphin Entertainment made?
What are Dolphin Entertainment's latest financial highlights?
What is the significance of Dolphin Entertainment's partnership with IMAX?
What is the Staple Gin project?
What are some key projects Dolphin Entertainment is involved in?
Where can I find more information about Dolphin Entertainment?
What strategic plans does Dolphin Entertainment have for 2024?
