Genius Brands Releases Business Update Letter to Shareholders

Rhea-AI Summary

Genius Brands International (NASDAQ: GNUS) has issued a shareholder newsletter from CEO Andy Heyward and CFO Zrinka Dekic, available on the Company's blog. Genius Brands focuses on developing and licensing children's entertainment content, including popular titles like Stan Lee's Superhero Kindergarten and Shaq's Garage. Their Kartoon Channel! reaches over 100 million homes in the U.S. and offers a variety of platforms for content distribution. The company highlights its commitment to creating media with a purpose while acknowledging various risks in its forward-looking statements.

Positive

• Expansion of distribution channels through Kartoon Channel! across over 100 million U.S. households.
• Diverse content portfolio including collaborations with well-known personalities like Arnold Schwarzenegger and Shaquille O'Neal.
• Strong partnerships for licensing agreements, enhancing brand visibility and product reach.

Negative

• Risks associated with revenue generation and profitability.
• Potential dilution of equity due to significant share issuances.
• Reliance on third-party relationships for production and marketing.

BEVERLY HILLS, Calif., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS), a global brand management company that creates, produces, broadcasts and licenses entertainment content for children, today provided a newsletter to shareholders from the Company’s CEO, Andy Heyward, and CFO, Zrinka Dekic, which is available on the blog section of the Company’s website at: https://www.gnusbrands.com/blog.

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 ‘content with a purpose’ portfolio includes Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon Channel!; Shaq’s Garage, starring Shaquille O’Neal on Kartoon Channel!; Rainbow Rangers on Kartoon Channel! and Netflix; Llama Llama, starring Jennifer Garner, on Netflix; award-winning toddler brand Baby Genius; adventure comedy STEM series Thomas Edison's Secret Lab; and entrepreneurship series Warren Buffett's Secret Millionaires Club. Through licensing agreements with leading partners, characters from Genius Brands’ IP also appear on a wide range of consumer products for the worldwide retail marketplace. The Company’s Kartoon Channel! and Kartoon Classroom! are available in over 100 million U.S. television households via a broad range of distribution platforms, including Comcast, Cox, DISH, Sling TV, Pluto TV, Amazon Prime, Amazon Fire, Apple TV, Apple iOS, Android TV, Android Mobil, Google Play, Xumo, Roku, Tubi, YouTube, KartoonChannel.com, Samsung Smart TVs and LG TVs. 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

FAQ

What is the latest update from Genius Brands (GNUS) for shareholders?

Genius Brands has released a newsletter from CEO Andy Heyward and CFO Zrinka Dekic, detailing company progress and strategies.

How does Genius Brands (GNUS) distribute its content?

Genius Brands distributes its content mainly through its Kartoon Channel!, which is available in over 100 million U.S. households.

What major titles does Genius Brands (GNUS) produce?

The Company produces titles like Stan Lee's Superhero Kindergarten and Shaq's Garage, among others.

What are the risks mentioned in Genius Brands' (GNUS) press release?

Risks include challenges in generating revenue, potential shareholder dilution, and reliance on third-party partnerships.

Where can I find the shareholder newsletter from Genius Brands (GNUS)?

The shareholder newsletter is available on the Company's blog section at their official website.