Genius Brands International Chairman & CEO Andy Heyward to Unveil Upcoming Production and Consumer Product Business Live Today at 8:45AM ET on Fox Business Network’s Mornings with Maria
Genius Brands International (NASDAQ: GNUS) announces that Chairman and CEO Andy Heyward will unveil the company's new production and consumer product business today, June 24, at 8:45 AM ET on Fox Business Network's Mornings with Maria. The event will feature a prominent partner. Genius Brands is known for developing children’s entertainment content, with notable IPs like Stan Lee’s Superhero Kindergarten and Shaq’s Garage. The company is expanding its platform, Kartoon Channel!, which features a subscription-based service, Kidaverse, offering over 15,000 animated titles.
- Launch of new production and consumer product business expected to enhance brand portfolio.
- Expansion of Kartoon Channel! with the upcoming subscription-based Kidaverse featuring 15,000+ animated titles.
- Strategic acquisition of WOW! Unlimited Media, strengthening content distribution.
- Potential dilution of existing shares from future issuance.
- Risks associated with ability to generate revenue and achieve profitability.
BEVERLY HILLS, Calif., June 24, 2022 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (“Genius Brands”) (NASDAQ: GNUS), a global brand management company that creates, produces, broadcasts, and licenses entertainment content for children, announces that the Company’s Chairman and CEO Andy Heyward will unveil the Company’s latest upcoming production and consumer product business, live today, June 24, at approximately 8:45 AM Eastern Time on Fox Business Network’s Mornings with Maria. A prominent partner will be joining Mr. Heyward.
Mornings with Maria features anchor Maria Bartiromo alongside a roundtable of rotating industry titans and economic experts discussing the major news and themes driving the business day and the market moves.
About Genius Brands International
Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution. The Company’s IP portfolio of family-friendly content features the Stan Lee brand, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon Channel!; Shaq’s Garage, starring Shaquille O’Neal, coming to Kartoon Channel!; Rainbow Rangers on Kartoon Channel! and Netflix; Llama Llama, starring Jennifer Garner, on Netflix and more. Recently, Genius Brands entered into an agreement to acquire Canada’s WOW! Unlimited Media (TSX-V: WOW), which includes 2,500 channels under the Channel Federator Network, and has also made a strategic investment in Germany’s Your Family Entertainment AG (FRA:RTV), one of Europe’s largest distributors and broadcasters of high-quality programs for children and families.
Genius Brands’ Kartoon Channel! is a globally distributed entertainment platform with
For additional information, please visit www.gnusbrands.com.
Forward Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, our ability to generate revenue or achieve profitability; our ability to obtain additional financing on acceptable terms, if at all; the potential issuance of a significant number of shares, which will dilute our equity holders; fluctuations in the results of our operations from period to period; general economic and financial conditions; our ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; our reliance on and relationships with third-party production and animation studios; our ability to market and advertise our products; our reliance on third-parties to promote our products; our ability to keep pace with technological advances; our ability to protect our intellectual property and those other risk factors set forth in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and in the Company's subsequent filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
MEDIA CONTACT:
pr@gnusbrands.com
INVESTOR RELATIONS CONTACT:
ir@gnusbrands.com
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