Frederator Networks

Kartoon Channel! Achieves Record Revenue, Subscriber Growth, and Global Coverage

Retrieved on: 
Tuesday, February 13, 2024

BEVERLY HILLS, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios, Inc. (NYSE American: TOON) today announced its streaming service business, which premiered in June 2020, has achieved record revenue, increased its paid subscribers, expanded its international market coverage and reached break-even EBITDA in the fourth quarter of 2024.

Key Points: 
  • has steadily grown to become a pre-eminent children’s entertainment destination that delivers thousands of episodes of carefully curated, and family-friendly content.
  • Kartoon Studios CEO, Andy Heyward stated, “In 3½ years, the growth of the Kartoon Studios’ streaming business in the U.S. and globally has been impressive.
  • I feel we have some of the brightest and most talented executives in the global content distribution and OTT/Streaming business.
  • This is best evidenced by our subscriber growth and the significant increase in new trials.”
    Internationally, Kartoon Channel is poised to increase market penetration.

Kartoon Studios Announces Significant Increase in Content Production Planned for 2024

Retrieved on: 
Monday, January 22, 2024

Beverly Hills, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE AMERICAN: TOON) announces a significant increase in content production and development planned for 2024 for the Company’s Kartoon Channel!, Frederator Networks, Mainframe Studios, as well as major broadcasters and streamers, including Netflix, Disney Channel, and others. The Company has also appointed Gregg Goldin, former creative executive at DreamWorks Animation, Cartoon Network and MTV, to the newly created position of Senior Vice President, Development & Production.

Key Points: 
  • In this new role, Goldin will be responsible for heading up development and production for both new and original IP to deliver to the marketplace.
  • Goldin will report jointly to Kartoon Studios’ Chairman & CEO Andy Heyward and COO Michael Jaffa.
  • With the increase in content production and other initiatives to be announced in early 2024 to drive revenue, we are well on our way to achieving our goal of sustained profitability.
  • Goldin joins Kartoon Studios following a ten-year tenure at DreamWorks Animation where he served as Vice President of Current Series, overseeing multiple series in production.

RADIO FLYER ANNOUNCES NEW FAMILY ENTERTAINMENT STUDIO

Retrieved on: 
Thursday, January 25, 2024

CHICAGO, Jan. 25, 2024 /PRNewswire/ -- Today, Radio Flyer, the 107-year-old toy company and maker of the iconic Original Little Red Wagon® is announcing its latest venture into animated storytelling with a new division, Radio Flyer Studios. The family-owned Chicago-based company aims to be a trusted destination for family entertainment known for delightful, relatable, and high-quality stories about family, adventure, active play, and outdoor exploration, all of which are inextricably linked to the iconic Radio Flyer.

Key Points: 
  • The family-owned Chicago-based company aims to be a trusted destination for family entertainment known for delightful, relatable, and high-quality stories about family, adventure, active play, and outdoor exploration, all of which are inextricably linked to the iconic Radio Flyer.
  • The inspiration behind Radio Flyer's extension into animated storytelling stems from the company's Emmy award-winning short film, " Taking Flight ," which was produced in 2016 and inspired by a century of Radio Flyer stories.
  • "With the founding of Radio Flyer Studios, we will continue the work we started with 'Taking Flight,'" says Robert Pasin, Chief Wagon Officer at Radio Flyer.
  • Last year, Radio Flyer opened its first-ever retail store as a hub of FUNomenal™ Radio Flyer activity with engaging ways for families to shop for and interact with the product and the brand.

Kartoon Studios Provides Business Update for the Second Quarter of 2023

Retrieved on: 
Monday, August 14, 2023

BEVERLY HILLS, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today provided a business update for the second quarter of 2023.

Key Points: 
  • BEVERLY HILLS, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today provided a business update for the second quarter of 2023.
  • Although the strike is ongoing, neither Kartoon Studios nor its subsidiaries are signatories of WGA or SAG.
  • As a result, Kartoon Studios is now less dependent on third-party networks for distributing our content.
  • As of June 30, 2023, Kartoon Studios had current assets of $91.6 million, working capital of $14.4 million, and total stockholders’ equity of $87.5 million.

Kartoon Studios’ Kids and Family Streaming Business Records Rapid Growth

Retrieved on: 
Wednesday, August 2, 2023

BEVERLY HILLS, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced its streaming service business, including Kartoon Channel!, which premiered just three years ago, continues to grow across all major metrics, led by viewership and consumption.

Key Points: 
  • In the Apple app store, Kartoon Channel!
  • is now ranked by users at 4.9 out of 5 stars, besting most of its major competitors, including both YouTube Kids, and Disney+.
  • Kartoon Channel!
  • and the growth opportunities in the coming months and years.”
    “While many of the streamers have chased viewers at the cost of profits, Kartoon Channel!

Kartoon Studios Celebrates 10th Anniversary of Its Netflix Hit and Growing Global Consumer Products Phenom, “Bee and PuppyCat”

Retrieved on: 
Monday, July 31, 2023

BEVERLY HILLS, Calif., July 31, 2023 (GLOBE NEWSWIRE) --  Amassing millions of fans across multiple platforms over the past decade, Kartoon Studios (NYSE:TOON) celebrates the 10th Anniversary of its Frederator Networks’ critically-acclaimed, hit original Netflix series, Bee and PuppyCat.

Key Points: 
  • This highly anticipated soundtrack has captured global attention from fans around the world garnering over 1 million streams in less than 10 days.
  • In the retail space, Kartoon Studios’ partners, Hot Topic , Crowdmade , Youtooz and Toynk have released limited-edition Bee and PuppyCat-branded products.
  • Studios (comic books), and Toy Factory (plush, amusement channel) will also release new products in 2023/2024.
  • Kartoon Studios’ consumer products team manages the worldwide consumer products program for Bee and PuppyCat, excluding Asia, which is handled by TOHO International.

BuzzFeed Animation Lab to Develop New Animated Series “Chikn Nuggit” With Genius Brands’ Frederator Network, Inc.

Retrieved on: 
Tuesday, June 20, 2023

BEVERLY HILLS, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- Through its Frederator Network subsidiary, Genius Brands International, Inc. (NASDAQ: GNUS until June 26th after which the company rebrands to Kartoon Studios and trades on the NYSE AMERICAN: TOON) and BuzzFeed (NASDAQ: BZFD) to develop the latest animated series, Chikn Nuggit, as part of the companies’ exclusive first-look content deal announced earlier this year.

Key Points: 
  • Frederator Network and BuzzFeed’s Animation Lab will develop a premium content series for digital hit Chikn Nuggit based on the original shorts created by Kyra Kupetsky.
  • With over 1 billion views to date on social platforms, Chikn Nuggit is a gender-inclusive, online animated comedy series about a weird, long-eared dog named Chikn Nuggit and his fast-food-named friends.
  • In addition, Genius Brands’ consumer products’ division will develop the Chikn Nuggit retail program and a full IP slate in close partnership with BuzzFeed Animation Lab.
  • We can’t wait to continue expanding our content universe for our global community in partnership with Frederator, a pioneer in animation and television.”

Genius Brands Launches Consumer Products Program for Its Frederator Network’s Global Phenom and Netflix Series, “Bee and PuppyCat”

Retrieved on: 
Tuesday, May 23, 2023

BEVERLY HILLS, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (NASDAQ: GNUS) announced today the launch of the global consumer products’ program based on its Frederator Networks’ original, critically-acclaimed Netflix series, Bee and PuppyCat, with a roster of new licensing and retail partners signed to launch new products.

Key Points: 
  • Additionally, Crowdmade launched a dedicated Bee and PuppyCat online store, featuring apparel and accessories, mugs, posters, plush, gifts, collectibles and home products.
  • We are excited to launch the merchandise campaign for the brand with these new licensing and retail partners.
  • This is only the beginning for Bee and PuppyCat as more audiences are introduced to the series, and we expand the consumer products’ program into additional categories.”
    In 2022, Genius Brands, through its WOW!
  • Genius Brands’ consumer products team manages the worldwide consumer products program for Bee and PuppyCat, excluding Asia, which is handled by TOHO International.

Buzzfeed Strikes First-Look Content Deal With Genius Brands' Frederator Network, Inc.

Retrieved on: 
Tuesday, February 14, 2023

BEVERLY HILLS, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (NASDAQ: GNUS), through its Frederator Network subsidiary (a division of WOW! Unlimited Media), today announced an exclusive content deal with BuzzFeed, a division of BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generation the world has ever seen.

Key Points: 
  • BEVERLY HILLS, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (NASDAQ: GNUS), through its Frederator Network subsidiary (a division of WOW!
  • Unlimited Media), today announced an exclusive content deal with BuzzFeed, a division of BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generation the world has ever seen.
  • The deal provides Genius Brands’ Frederator Network the exclusive opportunity and first right to develop and produce longform series based on original digital properties created by the BuzzFeed Animation Lab.
  • The first short-form content for series development by Frederator will be The Land of Boggs, a zany buddy comedy that currently boasts over10M followers.

Genius Brands Consolidates Consumer Platforms Under Newly Created ‘Genius Networks’

Retrieved on: 
Wednesday, January 11, 2023

Concurrently, Genius Brands has promoted Todd Steinman to spearhead the newly created business unit as President, Genius Networks.

Key Points: 
  • Concurrently, Genius Brands has promoted Todd Steinman to spearhead the newly created business unit as President, Genius Networks.
  • Genius Brands launched Kartoon Channel!
  • Additionally Genius Brands acquired Ameba TV, a pioneering children’s Amazon Prime Video Channel and SVOD service.
  • Prior to Genius Brands, he served as Vice President in the Direct to Consumer division at The Walt Disney Company, which included Disney+ during its launch.