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) has announced the acquisition of B/HI, an award-winning entertainment agency specializing in gaming and esports communication. Operating as a division of 42West, B/HI brings significant experience and a roster of prestigious clients, such as Amazon Studios and DC Comics. This acquisition positions Dolphin to access the burgeoning gaming market, which generated $36.9 billion in the U.S. in 2019. CEO Bill O'Dowd emphasized the potential for synergy and expansion into video gaming and esports, enhancing Dolphin's offerings.
Dolphin Entertainment has been recognized in the New York Observer's annual PR Power Players list for 2020, with CEO Bill O'Dowd and Amanda Lundberg, CEO of 42West, among the top honorees. Their subsidiaries, including 42West, The Door, and Shore Fire Media, consistently rank as industry leaders in entertainment PR. The agency's efforts contributed to clients winning over half of this year's Emmy awards. The Observer also recognized Megan Zehmer and Nina Lee among the Rising Stars in PR. O'Dowd emphasizes the power of collaboration among their agencies.
Dolphin Entertainment's subsidiary, Viewpoint Creative, produced impactful video content for First Look Media's Press Freedom Defense Fund (PFDF). The PFDF supports journalists and whistleblowers facing legal challenges for reporting public interest information. Constraints due to the pandemic led to innovative use of illustrations and animations in the video. The modular design allows updates with recent cases, showcasing its relevance. The video is set to be featured on First Look Media's platforms and events, emphasizing the importance of press freedom.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced the launch of the Holiday Provisions Kit, a culinary influencer marketing initiative developed by its subsidiaries Be Social Group and The Door. This new offering targets 70 chefs and lifestyle influencers, featuring brands like Jif and Coffee for Wellness. Following the success of a previous kit, which generated over 122 million social media impressions, the initiative aims to enhance brand visibility. Be Social is planning future seasonal boxes, leveraging its extensive influencer network to drive awareness and engagement.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced on December 14, 2020, that it has regained compliance with NASDAQ's $1.00 minimum bid price requirement for continued listing. The company achieved compliance after its common stock closed at or above this price for ten consecutive business days. NASDAQ has closed this matter, confirming that Dolphin meets its listing standards.
Dolphin is recognized for its work in entertainment marketing and content production, supporting various top brands in film, television, and music.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) has announced the launch of The Kit, an innovative influencer marketing service by its subsidiary, Be Social Group. This service aims to streamline product delivery to influencers. The inaugural Summer Kit generated over 122 million social media impressions through 588 pieces of content. The holiday edition of The Kit, featuring brands like Arches & Halos, is set for release soon. The initiative is designed to enhance engagement by carefully matching products with influencers, providing brands a cost-effective way to boost visibility.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) has appointed Allison Elbl as Senior Vice President of its subsidiary, Shore Fire Media, effective December 1, 2020. Elbl, with over 20 years of experience in music and entertainment PR, will lead the Los Angeles office and focus on developing new business opportunities. CEO Marilyn Laverty praised her return, highlighting the growth potential. Elbl previously served as SVP at ID PR, successfully launching campaigns for major artists and brands. This strategic hire aims to enhance Shore Fire's capabilities in the competitive music industry.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced a 1-for-5 reverse stock split effective November 27, 2020, at 12:01 a.m. EDT. This action will consolidate approximately 32.8 million shares into 6.6 million shares to comply with NASDAQ's minimum bid price requirement of $1.00. Post-split shares will automatically trade at a split-adjusted basis. No fractional shares will be issued, with whole shares provided instead. The company aims to enhance its market standing following this significant corporate action.
Dolphin Entertainment, Inc. (NASDAQ:DLPN) subsidiary Shore Fire Media has celebrated the achievement of its clients, who collectively garnered fifteen GRAMMY nominations across various categories, including Album of the Year. Notable nominees include Jacob Collier for his album Djesse Vol. 3, Sarah Jarosz for World On The Ground, and Ted Hearne for Place. The 63rd Annual GRAMMY Awards will take place on January 31, 2021. This recognition highlights Shore Fire Media's expertise in promoting top-tier artists in the entertainment industry.
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.
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?
