JW GROM

Grom Social Enterprises, Inc. Agrees to Acquire Majority Control of Kids and Family Content Creator Curiosity Ink Media LLC

Retrieved on: 
Thursday, July 29, 2021

BOCA RATON, FL, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”) today announced it has entered into a definitive purchase agreement to acquire 80% of the equity and control of Curiosity Ink Media LLC (“Curiosity” or “CIM”) – a producer and developer of original kids and family content – which is expected to complement the Company’s existing offerings of brand-safe social media for kids, animation production and web filtering solutions. Upon completion of the acquisition, Grom will retain one of the key architects of Curiosity’s early success, Brent Watts, in his current role as Chief Creative Officer, where he will continue to cultivate storytelling IP for Curiosity and provide visual design acumen for the studio. The announcement was made by Darren Marks, Grom’s Chairman and Chief Executive Officer. Closing of the purchase transaction is subject to certain regulatory and other customary closing conditions, and is expected to take place in mid-August 2021.

Key Points: 
  • The acquisition will bring Curiositys original IP catalog to the Companys portfolio of assets, with Watts helping to spearhead Curiositys migration into the Grom family.
  • Since its inception in 2017, Curiosity has fostered multiplatform storytelling content in publishing, preschool entertainment, series development, feature film franchises and ancillary revenue opportunities.
  • We believe bringing Curiosity Ink Media and Brent Watts into the Grom family furthers our mission to serve todays kids and families in new and exciting ways, explains Marks.
  • Grom also includes Grom Educational Services, Inc., which has provided web filtering services for K-12 schools, government and private businesses.

U.S. Olympic Surfer, Caroline Marks, Drives Thousands Of New Users To Grom's Safe Social Media For Kids

Retrieved on: 
Wednesday, July 28, 2021

Initially launched in 2012 as a website, Grom Social has grown into a safe and viable social media opportunity for kids under the age of 13 -- the benchmark age for most social media sites that kids can join. Grom invites parent participation, is monitored 24/4 for content and operates under the guidelines of the Children's Online Privacy Protection Act, which is designed to safeguard kids online. Grom is the only social media app for kids under 13 that allows them to post and share videos and enjoy the fun of social media that is typically reserved for older kids.

Key Points: 
  • - Zach Marks, Founder, Grom Social
    Initially launched in 2012 as a website, Grom Social has grown into a safe and viable social media opportunity for kids under the age of 13 -- the benchmark age for most social media sites that kids can join.
  • Grom is the only social media app for kids under 13 that allows them to post and share videos and enjoy the fun of social media that is typically reserved for older kids.
  • "My family could not be prouder of Caroline's performance at the Olympic games both in and out of the water.
  • And the parallels of Caroline safely surfing in the ocean and keeping kids safe while surfing social media is an important message that is clearly breaking though."

Grom Social Enterprises to Present at the Emerging Growth Conference on Wednesday, July 21, 2021

Retrieved on: 
Monday, July 19, 2021

BOCA RATON, FL, July 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Grom Social Enterprises, Inc. (NASDAQ: GROM) (Grom, the Company), a social media platform and original content provider for children under the age of 13, is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, July 21, 2021

Key Points: 
  • BOCA RATON, FL, July 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Grom Social Enterprises, Inc. (NASDAQ: GROM) (Grom, the Company), a social media platform and original content provider for children under the age of 13, is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, July 21, 2021
    The next Emerging Growth Conference is presenting on Wednesday, July 21, 2021.
  • Grom Social Enterprises will be presenting at 2:30/PM Eastern time for 30 minutes.
  • Please register here to ensure you are able to attend the conference and receive any updates that are released.
  • Grom Social Enterprises also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private business.

US Olympic Surfer & Grom Social's Lead Influencer -- Caroline Marks -- Gets Star Treatment In Caroline Going For The Gold Week!

Retrieved on: 
Monday, July 12, 2021

Grom will feature the specially themed content from July 26-30 and offer over 36 pieces of exclusive content.

Key Points: 
  • Grom will feature the specially themed content from July 26-30 and offer over 36 pieces of exclusive content.
  • Zach created Grom when he was 11, after his parents denied his pleas to be on social media.
  • With their encouragement and family teamwork, the Marks family created Grom now an app to protect kids from the dangers of social media.
  • Grom also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private businesses.

Curiosity Ink Media Revolutionizes The Most Wonderful Time Of The Year With The Debut Of Santa.com

Retrieved on: 
Thursday, May 6, 2021

The online holiday hub represents an opportunity to tap into the growing holiday retail market, projected to top $1 trillion this year, including a 11.3% climb in ecommerce to over$206Bin sales.

Key Points: 
  • The online holiday hub represents an opportunity to tap into the growing holiday retail market, projected to top $1 trillion this year, including a 11.3% climb in ecommerce to over$206Bin sales.
  • The Company owns and operates Top Draw Animation, which produces award-winning animation content for some of the largest international media companies in the world.
  • Grom also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private businesses.
  • For more information, please visit gromsocial.com .\nThis press release contains statements, which may constitute "forward-looking statements."

Olympic-Bound Grom Social Ambassador, Caroline Marks, Getting Star Treatment From Grom in Her Quest for the Gold

Retrieved on: 
Monday, May 3, 2021

Caroline will\xc2\xa0vie for the gold medal as a member of the very first US Women\xe2\x80\x99s Surf team heading to the Olympics in Tokyo this summer.

Key Points: 
  • Caroline will\xc2\xa0vie for the gold medal as a member of the very first US Women\xe2\x80\x99s Surf team heading to the Olympics in Tokyo this summer.
  • Surfing is one of five additional sports proposed by the Tokyo\xc2\xa02020 Organizing Committee to bring more youthful and vibrant events and culture into the Olympic program.
  • The Company owns and operates Top Draw Animation, Inc., which produces award-winning animation content for some of the largest international media companies in the world.
  • Grom Social Enterprises also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private business.

Grom Social Enterprises, Inc. to Acquire Family-Friendly Content Creator Curiosity Ink Media

Retrieved on: 
Wednesday, April 7, 2021

Additionally, Grom appointed two former Nickelodeon executives Curiositys President Russell Hicks and Paul Ward -- to lead the Companys animation, social media and educational divisions.

Key Points: 
  • Additionally, Grom appointed two former Nickelodeon executives Curiositys President Russell Hicks and Paul Ward -- to lead the Companys animation, social media and educational divisions.
  • An emerging platform and content provider of entertainment for kids under 13 years old, the Companys subsidiary, Grom Social, Inc. (Grom Social), provides a secure social media venue for kids that is monitored around the clock and invites parents and guardians to play an active role in a childs social media activities.
  • Additionally, the Company anticipates that the acquisition would unlock the potential for Grom to create cross-platform synergies whereby Curiositys content can debut on Grom Social, gain user feedback and help inform series development.
  • We are energized and elated by the possible opportunities the addition of Russell, Paul and Curiosity Ink Media represent.

Grom Social Enterprises’ Subsidiary Grom Educational Services Enhances Its Digital Citizenship License Program as Part of Strengthening Security Features of Its NetSpective Web Filter

Retrieved on: 
Thursday, January 28, 2021

The enhanced Digital Citizenship License program (DCL) video course is specifically designed to cover timely topics that children K-12, parents, and educators are facing during these challenging times.

Key Points: 
  • The enhanced Digital Citizenship License program (DCL) video course is specifically designed to cover timely topics that children K-12, parents, and educators are facing during these challenging times.
  • The updated proprietary DCL program will also be available free for any new school accounts utilizing NetSpectives Web Filter solution appliance as well.
  • Additionally, NetSpective WebFilter applications were updated earlier this year in preparation to better filter schools web traffic on campus and off.
  • Grom Social Enterprises also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private business.

SmallCapsDaily: Grom Social Enterprises Is Poised to Become a Trailblazer in Three Major Industries

Retrieved on: 
Thursday, January 14, 2021

Additionally, what the SmallCapsDaily's report notes, is the unique value proposition of Grom Social, the social media app for children.

Key Points: 
  • Additionally, what the SmallCapsDaily's report notes, is the unique value proposition of Grom Social, the social media app for children.
  • Unlike major competitors, the social media platform complies with the Children's Internet Protection Act (CIPA), helps filter inappropriate content for kids, and allows parents to monitor their children's online activity.
  • The SmallCapsDaily article proves to be an in-depth summary of Grom Social Enterprises' unique positioning and the Company's intriguing journey within the animation industry, the social media space and the SaaS market.
  • For more insight into Grom Social Enterprises, Inc., and to continue reading the Small Caps Daily featured article, please click here: https://smallcapsdaily.com/grom-social-enterprises-highly-undervalued-ch....

Grom Social Provides Update on New User Growth and Engagement Data for the Month of August 2020

Retrieved on: 
Tuesday, September 29, 2020

Company User Engagement Data include the following:

Key Points: 
  • Company User Engagement Data include the following:
    For the August 1-31 period, Grom Social new user growth increased 127% over the previous 30-day period.
  • For the August 1-31 period, Grom Social 30-day user engagement increased 208.8% over the previous 30-day period.
  • Grom Social reaches 20 million aggregate users 11 million child users and 9 million parent users on all platforms since inception.
  • Grom Social Enterprises also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government, and private businesses.