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Grom Social Enterprises Inc (NASDAQ: GROM) is a dynamic social media, technology, and entertainment company dedicated to producing original content for children under 13. The company's mission is to provide safe, secure, and engaging digital environments for kids, where they can interact, learn, and be entertained under the watchful eyes of their parents or guardians.
Founded in 2012 by the Marks Family, Grom Social started as a website offering a secure social media platform for kids. Today, it has evolved into a comprehensive mobile app that features animated characters, interactive charts, videos, blogs, and games. Grom Social Enterprises operates through three primary business segments:
- Animation: This segment includes Top Draw Animation (TDA), an award-winning studio based in Manila, Philippines. TDA produces high-quality animation content for global media companies and is known for its cost-effective production reinforced by government tax incentives.
- Original Content: Curiosity Ink Media (CIM) falls under this category, a global media company that develops, acquires, and maximizes the commercial potential of kids' and family entertainment properties. CIM's portfolio includes upcoming productions like the feature film Santa.com and the preschool series Hey Fuzzy Yellow!.
- Social & Technology: This segment encompasses Grom Social (GSOC) and Grom Educational Services (GEDU). GSOC focuses on delivering a safe social media experience for kids, complete with augmented reality features and stringent safety protocols. GEDU offers web filtering solutions for K-12 schools, government, and private businesses through its NetSpective web filter.
In recent news, Grom Social has updated its app to feature enhanced safety measures, including a new parent-child video verification process and advanced AR technology. The company also announced its intent to acquire Arctic7, a gaming and virtual production company, aiming to expand its entertainment offerings and delve into the lucrative gaming market.
Led by CEO Darren Marks and President Paul Ward, Grom Social continues to innovate and grow, making significant strides in creating a safer digital world for kids. The company is committed to educating children about digital citizenship while offering a fun and engaging online experience.
For more information, visit Grom Social or for investor relations, please visit Grom Investors.
Grom Social Enterprises (NASDAQ: GROM) announced a partnership with WEP, LLC to co-produce a feature film based on the classic animated series Denver, The Last Dinosaur. The film aims to engage a new generation by combining comedy and adventure while retaining the essence of the original series, which aired in the late 1980s. Curiosity Ink Media, a division of Grom, will also lead licensing efforts for a range of consumer products related to the franchise, targeting categories like toys, apparel, and home decor. This collaboration will be showcased at the Licensing Expo 2023, aiming to solidify Denver's consumer appeal.
Grom Social Enterprises (NASDAQ: GROM) announces a licensing partnership with WEP, LLC for the animated series Denver, The Last Dinosaur. Curiosity Ink Media, Grom's storytelling division, will act as the exclusive licensing agent. The collaboration aims to leverage Denver's appeal across nearly 20 categories, including toys, games, and apparel. The partnership will debut at the upcoming Licensing Expo 2023, where representatives will meet potential licensees. Originally aired in 1988, Denver became a #1 rated show, distributed in 120 countries. The revitalization of this series aims to attract new fans through innovative products.
Grom Social Enterprises (NASDAQ: GROM) announced the appointment of Savannah Brentnall as General Manager of Santa.com, a virtual holiday platform aimed at enhancing the Christmas experience. Brentnall brings extensive marketing expertise, having led significant campaigns for various brands including Hallmark Channel. Her role will encompass all operations related to e-commerce, audience engagement, and revenue generation for Santa.com. The platform features curated content and a storefront designed to alleviate holiday stress. This strategic move is expected to strengthen Grom's commitment to growing Santa.com and its overall market presence.
Grom Social Enterprises (NASDAQ: GROM) announced that its subsidiary Top Draw Animation will provide animation services for the second season of the popular Emirati kids' show Mansour, produced by Bidaya Media. The collaboration aims to enhance the series with high-quality animation through a team of 400 professionals. Russell Hicks, President of Top Draw, expressed excitement over the project, emphasizing its growth potential. The show features tech-savvy Mansour and his friends facing challenges posed by a mischievous AI called Blink. This partnership signifies continued success for Top Draw and Grom's commitment to quality children’s content.
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