Kartoon Studios (NYSE American:TOON) announces its
will provide an exclusive piece of AI-enhanced, digital art
featuring characters from its library of animated content, to its
shareholders of record on June 26, 2023, the Company’s first day
trading on the NYSE under its new ticker “TOON”.
Formerly known as Genius Brands International, Inc., the company
changed its name to Kartoon Studios, when transitioning to the
NYSE. Commemorating the milestone event and the numerous
shareholders that were present to support the company, Kartoon
Studios has created an exclusive piece of digital art featuring
characters from its popular animated programming, including
Warren Buffett’s Secret Millionaires Club,
co-created by and starring Warren Buffett; Shaq’s
Garage, starring Shaquille O’Neal; Llama
Llama for Netflix, starring Jennifer Garner; and
Stan Lee’s Superhero Kindergarten, starring Arnold
Schwarzenegger; and Rainbow Rangers.
All shareholders of record on June 26, 2023, may request the
digital download. Each piece of art will be annotated with a
limited-edition number. To request the digital download, send an
email request to CommemorativeCertificate@KartoonStudios.com.
As the Company builds its assets of timeless and positive
animated IP for children, it wishes to show its appreciation to
shareholders during this transition into its next phase of growth,
trading on NYSE. Kartoon Studios is offering a digital piece of
collectible artwork featuring its most popular characters in a
format that showcases the Company’s commitment to creating
high-quality, cutting-edge entertainment for the global
marketplace.
The certificate is for commemorative purposes only and has no
cash value.
About Kartoon Studios Kartoon Studios (NYSE
AMERICAN: TOON) is a global end-to-end creator, producer,
distributor, marketer, and licensor of entertainment brands. The
Company’s IP portfolio includes original animated content,
including the Stan Lee brand, Stan Lee’s Superhero Kindergarten,
starring Arnold Schwarzenegger, on Kartoon Channel!; Shaq’s Garage,
starring Shaquille O’Neal, on Kartoon Channel!, and a broad
distribution platform, Rainbow Rangers on Kartoon Channel! and
Netflix; the Netflix Original, Llama Llama, starring Jennifer
Garner, and more.
In 2022, Kartoon Studios acquired Canada’s WOW! Unlimited Media
and made a strategic investment becoming the largest shareholder in
Germany’s Your Family Entertainment AG (FRA:RTV), one of Europe’s
leading distributors and broadcasters of high-quality programs for
children and families.
The company’s wholly owned digital distribution network, Toon
Media Group, consists of Kartoon Channel!, Kartoon Channel!
Worldwide, Frederator Network, and Ameba. Kartoon Channel! is a
globally distributed entertainment platform with full penetration
of the U.S. television market and international expansion underway
with launches in key markets around the world, including Germany,
India, Australia, New Zealand, South Africa & Sub-Sahara Africa
and more. Kartoon Channel! and Ameba are available across multiple
platforms, including Apple iOS, Apple TV, Android Mobile, Android
TVWeb, Amazon Prime Video, Amazon Fire, Roku, Pluto TV, Comcast,
Cox, Dish, Sling TV, Tubi, Xumo, Samsung and LG Smart TVs, and
YouTube. Frederator Network owns and operates the largest global
animation network on YouTube, with channels featuring over 2000
exclusive creators and influencers, garnering on average over a
billion views every month.
For additional information, please visit
www.kartoonstudios.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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b0d771a3-4667-4ca6-a7e4-0f48e2594ee6
Kartoon Studios (AMEX:TOON)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Kartoon Studios (AMEX:TOON)
Historical Stock Chart
Von Mai 2023 bis Mai 2024