Grom

Arctic7 Set To Be Acquired By Media, Technology & Entertainment Company Grom Social Enterprises, Inc

Retrieved on: 
Thursday, March 14, 2024

AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) --  Arctic7, which provides a  robust suite of full game and co-development services together with own intellectual property  development within gaming, and virtual production services for the movie and TV industry, has  today announced it has agreed to be acquired by Grom Social Enterprises, Inc (NASDAQ: GROM). 

Key Points: 
  • Grom – a media, technology, and entertainment company focused on family-friendly programming,  web filtering technology and safe social media for kids – has entered into a non-binding letter of  intent to acquire Arctic7.
  • Grom aims to complement its existing entertainment offerings of safe,  social media for kids and its growing catalog of original intellectual property with a move into  gaming.
  • Teaming up with Grom allows us to more vigorously pursue a roll up strategy approach to potentially expand our business even further.
  • In the coming weeks and months, Grom and Arctic7 intend to explore partnership  opportunities and titles presented by the Grom acquisition.

Grom Social Enterprises Announces May Release of Newly Designed COPPA-Compliant Grom Social App Featuring Enhanced Safety Measures for Parents and New Interface Brimming with Fun Just for Kids!

Retrieved on: 
Tuesday, March 12, 2024

The new Grom app will debut in iOS beginning in early May, with the updated interface for Android users slated to premiere at a later date.

Key Points: 
  • The new Grom app will debut in iOS beginning in early May, with the updated interface for Android users slated to premiere at a later date.
  • The updated Grom Social app comes with a brand-new look, feel, and experience with all the safety integrations today’s kids deserve and need.
  • Existing users and their parents will migrate from the current experience to immediately enjoy Grom’s exciting new environment and interface.
  • When it comes to safety, Grom incorporates the latest advancements in online safety measures, ensuring compliance with COPPA regulations and providing parents with enhanced control and monitoring features.

Grom Social Enterprises, Inc. to Further Expand Entertainment Offerings Through Gaming as it Enters Into Letter of Intent to Acquire Leading Gaming Company, Arctic7

Retrieved on: 
Thursday, March 7, 2024

Grom’s addition of Arctic7 could serve as an entry point for the company to secure a foothold in the growing and lucrative gaming industry and also explore opportunities to leverage gaming technology to serve the entertainment needs of today’s kids and families in new, innovative ways.

Key Points: 
  • Grom’s addition of Arctic7 could serve as an entry point for the company to secure a foothold in the growing and lucrative gaming industry and also explore opportunities to leverage gaming technology to serve the entertainment needs of today’s kids and families in new, innovative ways.
  • The acquisition of Arctic7 would complement Grom's existing entertainment offerings of safe, social media for kids and its growing catalog of original intellectual property from Curiosity Ink Media, which Grom acquired in 2021.
  • Alan Van Slyke, co-founder of Arctic7, brings a wealth of experience from Executive Producer on Gears of War with Epic Games, Executive at Sperasoft and COO at Microsoft Studios’ Undead Labs.
  • Mark Rizzo, co-founder of Arctic7, with 25 years of experience from EA Games, Sony, Sperasoft, and Keywords Studios, specializes in tech, operations, and M&A, playing a pivotal role in building the PlayStation network.

Olympic Surfer Caroline Marks to Ride Wave of Support From Grom Social as Premiere App for Kids Cheers its Original Ambassador on to the Paris 2024 Games!

Retrieved on: 
Thursday, January 11, 2024

The in-app content, which will be featured alongside a host of new updates coming to Grom Social this spring, was announced today by her brother, Zach Marks, an original founder of Grom Social as well as its Chief Kid Officer.

Key Points: 
  • The in-app content, which will be featured alongside a host of new updates coming to Grom Social this spring, was announced today by her brother, Zach Marks, an original founder of Grom Social as well as its Chief Kid Officer.
  • Grom Social is a division of Grom Social Enterprises, Inc. (NASDAQ: GROM).
  • When out of the water, Caroline is committed to helping kids recognize the importance of being safe, both on- and off-line.
  • “It’s an incredible honor to once again represent the United States in surfing at the Summer Olympics,” explains Caroline.

Grom’s Curiosity Ink Media & WEP Announce Co-Production Partnership on Denver, The Last Dinosaur Feature Film

Retrieved on: 
Tuesday, April 25, 2023

The announcement was made jointly by Curiosity Ink Media’s Chief Executive Officer, Jared Wolfson, and Bob Koplar, President of WEP, the rights holder to the property.

Key Points: 
  • The announcement was made jointly by Curiosity Ink Media’s Chief Executive Officer, Jared Wolfson, and Bob Koplar, President of WEP, the rights holder to the property.
  • For more on Denver, please visit: denverthedinosaur.com
    “Denver, the Last Dinosaur has all the trappings of a multi-generational hit,” explains Wolfson.
  • Earlier this month, WEP and Curiosity announced that the Grom subsidiary will also spearhead licensing efforts for Denver.
  • For Denver, The Last Dinosaur, Curiosity Ink Media and WEP will meet with dozens of potential licensee partners to leverage Denver’s broad-based consumer appeal.

Grom’s Curiosity Ink Media & Toon2Tango Get Into the Holiday Spirit to Prepare Production on Animated Feature Film, Santa.com!

Retrieved on: 
Thursday, February 2, 2023

Curiosity Ink Media and Toon2Tango, also in partnership on two preschool properties, Hey Fuzzy Yellow!

Key Points: 
  • Curiosity Ink Media and Toon2Tango, also in partnership on two preschool properties, Hey Fuzzy Yellow!
  • and Baldwin, are nearing completion of financing on the film and will jointly oversee the development of all three projects concurrently.
  • The commencement of the preparation of Santa.com’s production was announced today by Curiosity Ink Media’s Chief Executive Officer, Jared Wolfson, and Toon2Tango Chief Executive Officer, Ulli Stoef.
  • Even Santa himself has seemingly retired, leaving his workshop operations in the hands of a new generation of tech-savvy elves.

Grom’s Curiosity Ink Media Secures Equity Stake in Emerging Global Franchise Entertainment Brand - Hey Fuzzy Yellow!

Retrieved on: 
Tuesday, January 17, 2023

In securing the stake, Curiosity and Grom are partnering with international global production and distribution powerhouse, Toon2Tango GmbH & Co. KG, to co-produce the franchise’s centerpiece series.

Key Points: 
  • In securing the stake, Curiosity and Grom are partnering with international global production and distribution powerhouse, Toon2Tango GmbH & Co. KG, to co-produce the franchise’s centerpiece series.
  • has secured financing and programming commitments from several international broadcasters and is planned to enter production this year.
  • Curiosity Ink Media’s growing footprint in Kids Entertainment began when it opened its doors in 2017, prior to being acquired by Grom Social Enterprises, Inc. in 2021.
  • “We are thrilled to collaborate with internationally acclaimed Toon2Tango to bring this series to life for a global audience,” said Russell Hicks, Chief Content Officer of Curiosity Ink Media.

Grom Social Enterprises Issues Shareholder Letter and Provides Corporate Update

Retrieved on: 
Tuesday, January 10, 2023

BOCA RATON, Fla, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today issued a letter to shareholders from Darren Marks, its Chairman and Chief Executive Officer.

Key Points: 
  • BOCA RATON, Fla, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today issued a letter to shareholders from Darren Marks, its Chairman and Chief Executive Officer.
  • Fiscal 2022 was a foundational year for Grom as we fortified our core businesses to drive growth and future profitability.
  • Grom is well-positioned to reap the benefits of the growing trend of online child safety in the social media industry.
  • We believe that Grom is the only fully Children’s Online Privacy Protection Act compliant social media application in the marketplace.

Grom Social Enterprises CEO, Darren Marks, Featured Guest on The Wall Street Resource Podcast

Retrieved on: 
Thursday, December 8, 2022

BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that its Chairman and CEO, Darren Marks, is the featured guest on The Wall Street Resource podcast hosted by Jeff Kone.

Key Points: 
  • BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that its Chairman and CEO, Darren Marks, is the featured guest on The Wall Street Resource podcast hosted by Jeff Kone.
  • In the podcast, Marks provides a corporate overview of Grom, highlighting the Company’s ongoing expansion from its roots in offering a safe social media platform for kids, web filtering solutions for schools and animation production.
  • To access the audio interview, click here: https://thewallstreetresource.com/webcasts/
    For more information on The Wall Street Resource, please contact interviewer Jeff Kone at [email protected] .
  • Grom also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private businesses.

Grom Social Enterprises Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

Retrieved on: 
Tuesday, November 29, 2022

BOCA RATON, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (Grom or the Company), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

Key Points: 
  • BOCA RATON, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (Grom or the Company), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.
  • MZ Group will work closely with Grom management to develop and implement a comprehensive capital markets strategy designed to increase the Companys visibility throughout the investment community.
  • MZ North America is the US division of MZ Group, a global investor relations and corporate communications leader.
  • MZ North America was founded in 1996 and provides full scale Investor Relations to both private and public companies across all industries.