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) announced Q3 2020 results, reporting a 23% increase in revenue from Q2, totaling $6.39 million, up from $5.95 million year-over-year. The operating loss narrowed to $493,185, improving from $1.41 million in Q3 2019. The net loss also decreased to $137,630, compared to $326,441 previously. The acquisition of Be Social is highlighted as a significant strategic move to enhance influencer marketing capabilities. The company holds $9.9 million in cash, up from $2.9 million at the end of 2019.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) will host a conference call on November 16, 2020, at 4:30 p.m. ET to discuss its third-quarter financial results for the period ending September 30, 2020. Investors can participate by dialing in or joining via a live webcast. A replay will be available shortly after the event. Dolphin specializes in entertainment marketing and content production through its subsidiaries, offering strategic marketing services to leading brands across various industries.
42West, a subsidiary of Dolphin Entertainment, has achieved a five-star rating in Forbes' first-ever ranking of America's Best PR Firms for 2021. In a survey conducted by Statista, over 12,700 experts and 20,500 customers evaluated more than 5,000 firms, with 42West securing a place in the top 1% as one of only 108 firms to receive this recognition. CEO Bill O'Dowd expressed pride in 42West's excellence, highlighting its role as a trusted partner in the entertainment industry.
Dolphin Entertainment (NASDAQ:DLPN) has announced the launch of Quarterly Earnings Report Videos by its subsidiary, Viewpoint Creative. This new service aims to enhance communication with investors by providing engaging video presentations for Q3 earnings. Viewpoint Creative’s videos utilize animation and motion graphics to simplify complex financial data. The service is expected to attract interest from publicly traded companies preparing for upcoming virtual investor events. Viewpoint's Executive Director, David Shilale, emphasizes the effectiveness of video in conveying financial information clearly.
Dolphin Entertainment (NASDAQ:DLPN) praised its subsidiary, 42West, following a successful showing at the 72nd Emmy Awards, where it managed 33 nominations and secured 43 wins. Key highlights include "Schitt's Creek" making history by winning all major comedy awards and HBO leading all networks with 30 wins. CEO Bill O'Dowd commended the expertise and dedication of the 42West team, reinforcing the company's strong position in entertainment marketing.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced promotions within its subsidiary, 42West, on August 27, 2020. Bianca Bianconi, Michael Gagliardo, and Whitney Tancred have been elevated to Executive Vice Presidents and Co-Heads of the talent division, reporting to CEO Amanda Lundberg. The trio will spearhead day-to-day operations across the firm's talent department, enhancing strategic communication campaigns for various entertainers. Their expertise is expected to synergize with recent acquisitions, including Be Social, to bolster service offerings for clients.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced that CEO Bill O'Dowd will present at LD Micro's 'LD 500' Virtual Investor Conference on September 1, 2020, at 2:40 PM ET. A live webcast is accessible to the public and will be archived for 90 days. Management will conduct one-on-one virtual investor meetings. Interested parties can contact James@HaydenIR.com for details. This event highlights Dolphin's role as a leading entertainment marketing and production firm, known for its strategic services in various industries.
Dolphin Entertainment (NASDAQ:DLPN) reported its Q2 2020 results, showing total revenue of $5.19 million, down from $6.27 million in Q2 2019. The operating loss improved to $179,038 from $1.2 million. However, the net loss widened significantly to $2.94 million, influenced by non-cash charges. The company also acquired influencer marketing firm Be Social, enhancing its marketing capabilities. The acquisition marks the fifth in a three-year growth plan. Notably, 42West achieved 145 Emmy nominations, showcasing its industry prowess.
Dolphin Entertainment (NASDAQ: DLPN) has expanded its capabilities by acquiring Be Social, a leading influencer marketing firm. This acquisition enhances Dolphin's marketing services for its PR subsidiaries, including 42West and Shore Fire Media, allowing for integrated influencer campaigns across various media. Be Social, founded by Ali Grant, boasts a robust portfolio with collaborations for major brands like H&M and Disney. The acquisition is positioned to leverage the growing demand for influencer marketing in the digital landscape.
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