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Genius Brands International, Inc. (Nasdaq: GNUS) is a premier global children's media company engaged in the development, production, marketing, and licensing of branded children's entertainment properties and consumer products for media and retail distribution. Located at 5820 Oberlin Dr, San Diego, CA, Genius Brands has successfully curated a diverse portfolio of family-friendly content. The company boasts an impressive array of intellectual property, including the Stan Lee brand, Stan Lee's Superhero Kindergarten, featuring Arnold Schwarzenegger, and Shaq's Garage, starring Shaquille O'Neal. These shows are available on platforms like Kartoon Channel! and Pluto TV.
Recently, Shaq's Garage achieved significant viewership milestones on Kartoon Channel! thanks to the pilot episode on Pluto TV, which attracted twice the number of users and view time compared to other shows. The series has become a standout hit, capturing over 25% of all channel viewers on launch day.
Furthermore, Genius Brands acquired WOW! Unlimited Media, expanding its reach with over 2,500 channels under the Frederator Network, and invested strategically in Germany's Your Family Entertainment AG, enhancing its international footprint. The company's Genius Networks encompasses Kartoon Channel!, Frederator Network, and Ameba, with Kartoon Channel! offering a vast library of safe, family-friendly content available on multiple platforms, including iOS, Android, Amazon Prime Video, Roku, and more.
The company also celebrated the release of the Stan Lee documentary on Disney+, earning critical acclaim and a 100% rating on Rotten Tomatoes. This documentary is a part of their strategy to leverage the Stan Lee Universe, which includes a notable 20-year licensing deal with Marvel Studios for future projects.
Genius Brands continues to operate at the intersection of entertainment and education, offering STEM-based content through Kartoon Classroom. With ongoing strategic partnerships and a focus on high-quality, engaging content, Genius Brands International is poised to remain a leader in the children's media industry.
Genius Brands International (NASDAQ: GNUS) has appointed Todd Steinman as Chief Revenue and Marketing Officer for the newly announced Kartoon Channel! Kidaverse. Steinman previously held a senior role at The Walt Disney Company, contributing to Disney+ during its launch. His expertise in driving growth and negotiating significant media deals underscores his potential impact on the Kartoon Channel's development. The company aims to leverage Steinman's experience to enhance its offerings in the competitive kids' media market.
Genius Brands International (NASDAQ: GNUS) announced the launch of a commercial-free subscription platform, Kartoon Channel! Kidaverse, set for April 15, 2022, priced at $3.99/month. This innovative platform will blend popular children's programs with metaverse features, including custom avatars, games, and NFTs. With a vast portfolio of over 20,000 animated titles, it aims to create a safe, engaging environment for children, addressing parental concerns. The phased rollout will begin in Q3 2022, expanding upon existing content and incorporating child-safe messaging.
Genius Brands International (NASDAQ: GNUS) announced the termination of Harold and Jennifer Chizick, employees of its ChizComm subsidiary, citing this action as beneficial to shareholders and customers. Operations will proceed under the leadership of Donna MacNeil, President of ChizComm, and Kathleen Campisano, Global Chief Marketing Officer. The Company remains committed to the growth of its subsidiaries, with a focus on children's entertainment products and media.
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.
Genius Brands International (NASDAQ: GNUS) has partnered with JetBlue to launch Kartoon Channel! as part of its inflight entertainment starting January 2022. This collaboration features popular children’s content, including Stan Lee’s Superhero Kindergarten, which has recorded over 75 million views, Rainbow Rangers, and KC! Pop Quiz. The move aims to enhance JetBlue’s offerings for families while expanding Genius Brands’ reach in the media market, combining safety and entertainment for young travelers.
Genius Brands International (NASDAQ: GNUS) appoints Zrinka Dekic as Chief Financial Officer and Head of Strategy, marking a significant leadership change following the company's recent acquisitions, including WOW! Unlimited Media and Your Family Entertainment AG. Dekic brings nearly 20 years of experience from companies like The Walt Disney Company and Goldman Sachs. This move aims to enhance the company's growth strategy and capitalize on its global expansion in children's entertainment, leveraging her expertise in mergers and acquisitions.
Genius Brands International (NASDAQ: GNUS) has launched a new programming block, KARTOON GENIUS, on YFE International channels, spearheaded by Managing Director Paul Robinson. This initiative follows the pending acquisition of WOW! Unlimited Media and investment in Your Family Entertainment AG. KARTOON GENIUS aims to provide safe, enriching children's content across Europe, the Middle East, and Latin America, featuring shows like Stan Lee’s Superhero Kindergarten and Warren Buffett’s Secret Millionaires Club. The launch is a step towards expanding its global footprint in children's media.
Genius Brands International (NASDAQ: GNUS) announces its acquisition of a 28.6% stake in Your Family Entertainment AG (YFE) (FRA: RTV), which will be rebranded as Genius Family Entertainment AG. This acquisition is part of a strategy to expand its global presence, particularly in the European market, with YFE holding over 4,000 animated episodes. Paul Robinson, a former Disney executive, will lead the Kartoon Channel! Worldwide expansion. The deal also includes a mandatory tender offer at EUR 2.00 per share and aims to enhance the content library and growth.
Genius Brands International (NASDAQ: GNUS) announced significant growth and milestones in its Q3 2021 report. Revenue surged by 585%, reaching $1.9 million, up from $0.3 million year-over-year. The ongoing acquisition of WOW! Unlimited Media is set to boost combined revenues by over 1100%, leveraging WOW!’s $56 million in last-twelve-months revenues. The company holds $130.2 million in cash and securities, enhancing its financial position. The Kartoon Channel! continues to lead in the kids’ streaming market, emphasizing a 512% rise in application installs.
Genius Brands (GNUS) announced the acquisition of WOW! Unlimited Media for approximately US$53 million in cash and stock, significantly boosting their pro-forma last-twelve-months revenue by over 1100%. This acquisition includes Channel Frederator Network, YouTube's top animation network with over 1 billion monthly views. The deal is expected to enhance Genius Brands' growth trajectory, leveraging WOW!'s client contracts worth over $62 million and production capabilities.
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