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Dolphin Entertainment, Inc. - $DLPN STOCK NEWS

Welcome to our dedicated page for Dolphin Entertainment news (Ticker: $DLPN), a resource for investors and traders seeking the latest updates and insights on Dolphin Entertainment stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dolphin Entertainment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dolphin Entertainment's position in the market.

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Dolphin Entertainment, a leading entertainment marketing and production company, extends congratulations to its subsidiary 42West on the successful world premiere of two films at the 77th Cannes Film Festival.

Francis Ford Coppola's 'Megalopolis' premiered on May 16, generating significant support and praise, while 'Ghost Cat Anzu' by GKIDS premiered on May 21. 'Megalopolis' is currently seeking U.S. distribution and has secured a global IMAX release partnership.

42West, known for its comprehensive public-relations services across multiple sectors, has offices in New York and Los Angeles and has strategized campaigns for numerous high-profile clients.

Dolphin Entertainment continues to offer strategic marketing through its subsidiaries and recently acquired Special Projects to enhance its talent booking and event production services.

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Dolphin Entertainment congratulates its subsidiary, 42West, for securing renewals for four key clients during the 2024 Television Upfronts. These clients include 'The Boys,' 'Conan O'Brien Must Go,' 'The Conners,' and 'Lopez vs. Lopez.' Additionally, Discovery's 'Shark Week' announced John Cena as this year's host. 'The Boys' has been renewed for a fifth season ahead of its fourth season premiere on June 13. Conan O'Brien's travel show will return for a second season, and 'Lopez vs. Lopez' will come back for a third season. 'The Conners' will conclude with its upcoming seventh season. 'Shark Week' will start on July 7, marking its 37th year.

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Mastercard Midnight Theatre, an investment of Dolphin Entertainment (NASDAQ: DLPN), has selected Oak View Group (OVG) to manage its operations. The theater, located in Manhattan West Plaza, will benefit from OVG's expertise in venue management and premium hospitality services. OVG plans to enhance the programming and introduce a new restaurant concept this spring. The theater features a 150-seat capacity and hosts a variety of entertainment forms. Dolphin Entertainment CEO Bill O'Dowd expressed excitement over OVG's involvement, emphasizing the theater's global appeal. OVG's President of Premium Experiences, Joshua Pell, highlighted the opportunity to create exceptional experiences in New York City.

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Dolphin Entertainment (NASDAQ:DLPN) announces the release of a new 'Blue Angels' featurette, ahead of its documentary debut in IMAX theaters nationwide on May 17, 2024. The featurette, featuring insights from J.J. Abrams and Glen Powell, was previously shared on Entertainment Weekly.

The documentary will be available in IMAX theaters for one week and will stream on Prime Video starting May 23, 2024. Dolphin Entertainment specializes in entertainment marketing and production, providing publicity and strategic marketing services through its subsidiaries: 42West, The Door, and Shore Fire Media. The company has a multi-year agreement with IMAX for co-producing feature documentaries.

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Dolphin Entertainment (NASDAQ:DLPN) reported a significant revenue increase of 54% year-over-year for Q1 2024, reaching a record $15.2 million. This also marks a 27% increase over the previous quarter's record. The company achieved a positive Adjusted Operating Income of $1.0 million, a dramatic improvement from the $1.9 million loss in Q1 2023, and a 236% increase from Q4 2023.

Key highlights include the launch of 'Staple Gin' with Rachael Ray, the debut of the 'Blue Angels' documentary, and anticipated announcements of new ventures. The company ended Q1 2024 with $7.5 million in cash and equivalents. Operating expenses rose to $15.1 million from $12.5 million in Q1 2023, and net loss decreased from $3.0 million to $0.3 million year-over-year.

Other achievements include rebranding initiatives, successful client campaigns at major award events, and expansion in various entertainment sectors. The company anticipates further growth through strategic ventures and ownership stakes in new projects.

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Dolphin Entertainment (NASDAQ: DLPN) will host an earnings call on May 14, 2024, to discuss financial results for the first quarter of 2024. The call will take place at 4:30 PM ET. Participants can join via phone or webcast.

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Dolphin Entertainment, a prominent entertainment marketing and content production company, will have its CEO, Bill O'Dowd, presenting at the Planet MicroCap Investor Conference on May 1, 2024, at 2:30pm PT. The presentation will be live-streamed and available for replay. Investors can tune in to learn more about the company's latest updates and future prospects.
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Shore Fire Media has promoted five staff members to new leadership positions, reflecting the company's growth and expanding roster since its acquisition by Dolphin Entertainment. CEO Marilyn Laverty will take on an expanded role with Dolphin Entertainment while remaining CEO of Shore Fire.
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Rachael Ray partners with Dolphin Entertainment, Inc. (NASDAQ:DLPN) to launch Staple Gin in May 2024, developed with a botanical recipe by Ray and crafted by Do Good Spirits. Dolphin's subsidiary, The Door, is spearheading marketing efforts for the gin.
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Dolphin Entertainment (NASDAQ:DLPN) CEO to Present at LD Micro Investor Conference in New York City on April 9, 2024
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Dolphin Entertainment, Inc.

Nasdaq:DLPN

DLPN Rankings

DLPN Stock Data

21.23M
17.14M
8.09%
8.75%
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United States of America
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About DLPN

led by ceo and emmy®-nominated producer bill o'dowd, dolphin has created award-winning entertainment across multiple platforms, working with talented content creators on programs seen in more than 300 million homes and more than 100 territories worldwide. dolphin's television shows include the primetime emmy® award-nominated nickelodeon hit series zoey 101, and nickelodeon's top-rated ned's declassified school survival guide.