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SRM Entertainment, Inc. (symbol: SRM) is a leading designer and developer of toys and souvenirs, catering primarily to theme parks and entertainment venues. The company is renowned for its innovative, exclusive products that are often only available within the confines of its extensive customer base, which includes renowned establishments such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Specializing in creating engaging and memorable products, SRM Entertainment's portfolio features beloved characters like The Smurfs and Zoonicorns, as well as original creations such as Sammy Sloth, Lilita Llama, Kyle Koala, and Hanna Hedgehog. These products enhance the visitor experience, offering unique mementos that foster lasting memories of their amusement park adventures.
With a strong emphasis on quality and exclusivity, SRM Entertainment has carved out a significant niche in the amusement and theme park industry. The company's commitment to exceptional design and manufacturing standards ensures that its products not only meet but exceed the expectations of both its clients and their customers.
SRM Entertainment continues to thrive by maintaining strategic partnerships with some of the most respected names in the entertainment industry. This, combined with a robust pipeline of new and exciting products, positions the company for sustained growth and success in the competitive world of themed entertainment.
SRM Entertainment (NASDAQ: SRM) has launched SRM Media, expanding its partnership with Suretone Pictures. The division's first acquisition is Suretone Pictures' Western film 'The Kid' (2019), starring Ethan Hawke and Chris Pratt, currently streaming on Amazon Prime. This strategic move aims to combine film distribution with SRM's merchandising expertise. Jordan Schur joins as advisor, bringing extensive film industry experience. The initiative capitalizes on growing Western film demand (146% increase 2021-2023) and digital media consumption trends, targeting Amazon Prime's 200+ million global subscribers.
SRM Entertainment (Nasdaq: SRM) and Suretone Pictures are negotiating an alliance to combine Suretone's film production and distribution strengths with SRM's merchandise and manufacturing businesses. The companies aim to create a new media company, merging Suretone Pictures' assets into SRM by mid-2025, subject to approvals. Jordan Schur, Suretone Pictures' President, will join SRM as an advisor to lead this endeavor.
The initial transaction, closed on September 3, 2024, involved transferring the first of several film assets from Suretone Pictures to SRM. This allows SRM to own and exploit the assets' merchandising, licensing fees, and revenue. Both companies view this as the first stage in creating a valuable media franchise business.
The alliance aims to build a multi-film asset and IP-based library with innovative plans for distribution, merchandising, and production. This expansion allows SRM to obtain proprietary movie and media assets, creating new opportunities in its existing manufacturing business lines.
SRM Entertainment (Nasdaq: SRM) is set to participate in the 2024 Las Vegas Souvenir & Resort Gift Show from September 17-20 at the Las Vegas Convention Center, Booth 2549. The company will unveil several innovative product lines, including:
1. RGB LED Custom Light Stick Designs: Bluetooth-controlled light sticks with integrated custom app for the Location-Based Entertainment industry.
2. 'Sip With Me' drink cup collection: Customizable drinkware for resorts, amusement parks, and gift shops.
3. Custom Design Programs: Tailored merchandise solutions for branding and unique product creation.
SRM's President will be present to showcase these products, aiming to position the company as a leader in innovative souvenir and gift solutions, expand into the LBE market, and forge strategic partnerships with retailers and venue operators.
SRM Entertainment, Inc. (Nasdaq: SRM) has announced new orders and expanded distribution for its custom-designed ICEE brand Sip With Me drink cups. These nostalgic cups will be available in theaters across the United States in the coming weeks. SRM specializes in providing premium merchandise for licensed brands, many of which are based on blockbuster movies.
The company's products aim to connect consumers with their favorite characters and brands while enhancing the movie merchandising experience in theaters. CEO Rich Miller emphasized SRM's focus on developing innovative products that add lasting value to their customers' brands, stating that the entertainment industry allows them to create memories and bring magic and nostalgia to life through the in-theater purchase experience.
SRM Entertainment announces a new order for custom designed nostalgic movie character keychains. These keychains will be available online and in physical shops at one of the world's largest movie theater chains. The initial order aims to enhance the merchandising experience for moviegoers, allowing them to purchase memorabilia, souvenirs, and gifts directly in theaters. CEO Rich Miller emphasized the importance of in-theater purchases, drawing parallels to the theme park merchandise experience. This initiative is part of SRM's strategy to find new opportunities to connect with customers and offer products that excite them.
SRM Entertainment, Inc. (Nasdaq: SRM) announces a new order for misting fans to help theme park guests beat the summer heat. The 30,000+ unit order from a major regional amusement-resort operator marks SRM's expansion in the entertainment industry, focusing on enhancing guest experience.
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