Kartoon Studios Inc

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Kartoon Studios, Inc. is a content and brand management company, which engages in developing, producing, broadcasting, and licensing educational, multimedia animated content for children. It operates the Content Production and Distribution, and Media Advisory and Advertising services segments. The company was founded by Balaban Howard Alan on January 2, 2006 and is headquartered in Beverly Hills, CA.

80% YEAR-OVER-YEAR REDUCTION IN LOSSES;  COMPANY POISED FOR CONTINUED REVENUE GROWTH AND REACHING SUSTAINED PROFITABILITY IN 2025 WITH REBOUND IN ANIMATION PRODUCTION PIPELINE AND CONTINUING PROFIT IN CHILDREN'S CHANNEL SYSTEM

Kartoon Studios Achieves Second Consecutive Quarter of Sequential Revenue Growth and 57% Year-Over-Year Reduction in Direct Operating Costs for Q3 2024

Mainframe currently has multiple series in production for industry giants that include Spin Master, Sony Kids, and Disney

Kartoon Studios' Largest Revenue Unit, Mainframe Studios, Surges on Strong Business Rebound

Series taps the popular Roblox game, which is played by over 30 million every day Third season to launch globally on Kartoon Channel in 60 territories, including North America, Asia, Europe, Africa, and The Middle East Winners receive prizes that include iPhones, iPads, custom Nike shoes, and a PlayStation 5 BEVERLY HILLS, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced it will launch a Roblox-based competition series for kids, which will premiere this Fall on the company's rapidly growing streaming service Kartoon Channel.

Kartoon Channel to Launch “Kidaverse Roblox Rumble” Competition Series This Fall

BEVERLY HILLS, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today provided a business update for the quarter ended June 30, 2024. The Company's Chairman & CEO, Andy Heyward, also provided a letter to shareholders, which is available HERE .

Kartoon Studios Provides Business Update for the Second Quarter of 2024; Key Metrics Up

Link Net Launches Fully Dedicated 24/7 Kartoon Channel Across Indonesia, World's 4th Largest Territory, Reaching Potential Audience of Approximately 300 Million Link Net Launches Fully Dedicated 24/7 Kartoon Channel Across Indonesia, World's 4th Largest Territory, Reaching Potential Audience of Approximately 300 Million

Kartoon Channel Worldwide Continues Expansion of Global Footprint, Now Available in 57 Territories With Audience Reach of Approximately 1.6 Billion People

PROFITABILITY TREND IN Q2 2024 CONTINUES BUILDING ON GAINS FROM 2023 AND Q1 2024 Kartoon Channel!'s Paid Subscribers on Amazon Prime Video Grows by 120% Year-Over-Year from  June 2023 – June 2024 Premier Entertainment Destination for Kids, Now Carried on 16 Platforms in US; Goal of Growing into a ‘Netflix for Kids' Becoming a Reality BEVERLY HILLS, Calif.

Kartoon Channel! Growth Surges

Kartoon Channel!'s Streaming Business Achieved Profitability in the First Quarter of 2024 and Continues Growth; User Rankings in Apple App Store Now Beat Disney+; Operational Efficiencies Expected to Drive Company-Wide Profitability

Kartoon Studios Continues Execution of Growth Strategy With Profitability Targeted for Q2 2025; Provides Business Update for the First Quarter of 2024

BEVERLY HILLS, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios , Inc. (NYSE AMERICAN:TOON), the controlling partner of Stan Lee Universe, LLC “SLU”, signs a transformative deal with the U.K.'s GFM Animation Limited “GFM,” (10 Lives, X Factor In The Jungle, The Day the Earth Blew Up: A Looney Tunes Movie) to develop, finance, and produce a dynamic slate of five animated feature films, marking a significant milestone in the development of projects from the extensive SLU catalogue featuring stories and characters created by legendary comic book creator Stan Lee.

Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee Universe

BEVERLY HILLS, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands, today announced the consummation of the initial closing of a registered direct offering (the “Offering”) to a certain institutional investor (the “Investor”) pursuant to a securities purchase agreement, dated April 18, 2024, of up to 7,000,000 shares of its common stock, par value $0.001 per share (the “Common Stock”), and/or pre-funded warrants to purchase shares of Common Stock (the “Pre-funded Warrants”), of which 3,900,000 shares and 100,000 Pre-Funded Warrants were issued and sold on April 23, 2024. An additional 3,000,000 shares and/or Pre-Funded Warrants may be issued and sold to the Investor at the sole option of the Investor, at $1.00 per share of Common Stock and $0.99 per Pre-funded Warrant, in up to three additional closings of at least $1,000,000 in gross proceeds each, and to occur no later than one hundred eighty (180) days following April 18, 2024. The Company received aggregate gross proceeds of $4,000,000 from the initial closing, prior to deducting placement agent fees and other offering expenses and may receive up to an additional $3 million in gross proceeds pursuant to the subsequent closings, prior to deducting placement agent fees and other offering expenses.

Kartoon Studios Inc. Completes First Tranche of Registered Direct Offering of Common Stock and Pre-Funded Warrants for up to $7.0 Million; Closes Initial Purchase of $4.0 Million of Common Stock and Pre-Funded Warrants

BEVERLY HILLS, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands, today announced the pricing of a registered direct offering of up to 7,000,000 shares of its common stock and/or pre-funded warrants to purchase shares of common stock (the “Pre-funded Warrants”) (the “offering”) to certain institutional investors at $1.00 per share of common stock and $0.99 per Pre-funded Warrant, for aggregate gross proceeds of up to approximately $7,000,000, prior to deducting placement agent fees and other offering expenses, pursuant to a securities purchase agreement (the “SPA”).

Kartoon Studios Inc. Announces Pricing of up to $7 Million Registered Direct Offering of Common Stock

Integrated AI Toolkit Developed on NVIDIA Omniverse Set to Revolutionize Animation Production and Distribution for The Company

Kartoon Studios Unveils ‘Gadget A.I.'

Collections Include Original Art from Contemporary Artists- Rob Prior, Burton Morris, and Punk Me Tender- Who are Creating New Art for Stan Lee Universe Collections Include Original Art from Contemporary Artists- Rob Prior, Burton Morris, and Punk Me Tender- Who are Creating New Art for Stan Lee Universe

Kartoon Studios' Partners With World's Largest Digital Collectibles Platform, VeVe, and Multiverse Clothing Company Inc. for First Ever Line of Stan Lee Limited-Edition “Phygital” Collections

BEVERLY HILLS, Calif., April 12, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced that Andy Heyward, Chief Executive Officer, and Todd Steinman, President of Toon Media Networks, will be featured guests on the Benzinga All Access show today, April 12, 2024, at approximately 12:00 Noon Eastern Time to discuss the latest developments at Kartoon Studios.

Kartoon Studios CEO Andy Heyward and Todd Steinman, President of Toon Media Networks to Appear Today on Benzinga All Access at Approximately 12:00 Noon Eastern Time

Record Breaking Subscriber Numbers in both January and February Surpassing Previous All-Time Highs

Kartoon Studios' Kartoon Channel! Streaming Business Hits Profitability Milestone

Newly Branded Global Channel with 300,000+ Subscribers Pays Tribute to Stan Lee, Offering Exclusive Content from and Inspired by the “Godfather of Comics”

Kartoon Studios Launches “Stan Lee Presents” on YouTube

Powered by Meteor, Store Goes Live Today, Delivering Broad Range of Products BEVERLY HILLS, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE AMERICAN:TOON), the controlling partner of “Stan Lee Universe, LLC,” launches a new dedicated Stan Lee storefront on Amazon, powered by Meteor.

Kartoon Studios Announces Major Expansion of Stan Lee Business With Launch of Dedicated Stan Lee Store on Amazon.com

Projected Growth and Cost Saving Initiatives Driving Company Towards Profitability as Animated Characters, Catalogue of Animated Episodes, and Broadcast Assets, All Grow

Kartoon Studios Reports Strong Progress and Provides Business Update for the Fourth Quarter and Full Year of 2023

Beacon Expands Leadership in Toy Market, While Expanding into Non-Toy Category Pre-Easter and Spring Initiatives Expected to Provide a Solid Start to 2024 BEVERLY HILLS, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Beacon Media Group, the media and marketing agency subsidiary of Kartoon Studios, Inc. (NYSE American: TOON) specializing in kids and family, announces a series of achievements and milestones attained in 2023, which the Company believes further position Beacon Media as a leader in the market, and are expected to contribute to growth in 2024.

Kartoon Studios' Kids Media and Marketing Agency, Beacon Media Group, Grows Revenues, Client Base, and Delivers Successful Campaign Results in 2023

Kartoon Channel! U.S. Paid Subscribers Increased in 2023, with New Trials More Than Doubling in Q4 Kartoon Channel!

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

BEVERLY HILLS, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced that Andy Heyward, Chief Executive Officer, and Brian Parisi, Chief Financial Officer, will be participating in the Benzinga All Access event taking place on Tuesday February 13th, 2024, at 11AM Eastern Time.

Kartoon Studios CEO Andy Heyward and CFO Brian Parisi to Participate in the Benzinga All Access Event on February 13th at 11AM Eastern Time

First Products Launch in February 2024 with Second Promotion Planned for April 2024 in Kohl's Stores Nationwide and Kohls.com

Kartoon Studios and Penguin Young Readers Launch New “Llama Llama” Merchandise Retail Promotional and Charitable Program at Kohl's

Chief Financial Officer Cites Initiatives Designed to Increase Revenue and Streamline Operations as Key Factors Expected to Drive Company Towards Sustained Profitability; Streaming Network, Kartoon Channel!, Continues Growth After Achieving Break Even in 2023

Kartoon Studios Announces Significant Increase in Content Production Planned for 2024

Affiliate, Mainframe Studios Benefitting from Post-Strike Content Demand and New Orders; Robust Pipeline of New Content Expected in the Coming Quarters

Kartoon Studios Provides Business Update for the Third Quarter of 2023

Former NFL Hall of Fame, Live Nation Entertainment, Warner Bros. & Universal Studios Executive to Lead The Global Financial Strategy to Drive Further Growth and Shareholder Value

Kartoon Studios Appoints Entertainment, Media and High-Tech Industry Executive, Brian Parisi, as Chief Financial Officer

AI-Enhanced Art Available Exclusively to Kartoon Studios' Shareholders of Record on June 26, 2023, the Company's First Day Trading on the NYSE American AI-Enhanced Art Available Exclusively to Kartoon Studios' Shareholders of Record on June 26, 2023, the Company's First Day Trading on the NYSE American

News for Kartoon Studios Inc Stock (TOON)