Dolphin Entmt Inc Stock Price, News & Analysis

Dolphin Entertainment, Inc. (NASDAQ:DLPN) celebrates its subsidiary Shore Fire Media, which garnered 27 Grammy nominations across various genres, highlighting the company's diverse roster. Notable includes Maverick City Music with four nominations and others like Jacob Collier and Angelique Kidjo receiving multiple nods. The 64th Annual Grammy Awards will take place on January 31, 2022. This success underlines Dolphin's strategic marketing and publicity services aimed at enhancing artists' careers.

Dolphin Entertainment (NASDAQ: DLPN) has launched Creature Chronicles: Exiled Aliens, a unique generative NFT collection featuring 10,000 avatars designed by former Marvel Studios artist, Anthony Francisco. Slated for minting in December, each avatar will be priced at $200 and sold via FTX.US wallets. This NFT initiative marks the company's entry into the growing digital asset space, set in a storyline of space exploration and ancient aliens. Community members will access exclusive benefits, adding long-term value to NFT holders.

Dolphin Entertainment (NASDAQ:DLPN) reported strong financial results for Q3 2021, marking its third consecutive quarter of record revenue at $9.4 million, a 70% increase year-over-year. The company achieved positive operating income of $38,289 and net income of $141,651, compared to a net loss of $(137,630) in Q3 2020. With a cash position of $12.7 million and working capital surplus of $4.5 million, Dolphin is well-positioned for growth, particularly in its NFT initiatives and partnership with FTX for marketplace development.

Dolphin Entertainment, Inc. (NASDAQ:DLPN) will hold a conference call on November 22, 2021, at 4:30 PM ET to discuss its third-quarter financial results for the period ending September 30, 2021. Investors can join by dialing in or through a webcast at this link. The company is recognized as a leading independent entertainment marketing and production company, with services spanning film, television, music, and NFTs.

Dolphin Entertainment (NASDAQ:DLPN) has appointed Anthony Francisco, a former Marvel designer, as the new Creative Director for its NFT studio. This strategic move aims to enhance Dolphin's NFT offerings, leveraging Francisco's extensive experience with iconic characters from the Marvel Cinematic Universe. The company is set to launch multiple NFT drops soon, following a recent partnership with cryptocurrency platform FTX for NFT marketplaces in entertainment and sports. Dolphin continues to expand its innovative portfolio in the growing NFT space.

Dolphin Entertainment (NASDAQ:DLPN) has acquired a stake in the Midnight Theatre, a contemporary variety venue and restaurant in Manhattan's Manhattan West development, valued at $4.5 billion. The theater features a 160-seat performance space and a pan-Asian restaurant, Hidden Leaf. The venue will host diverse performances, integrating advanced technology for live-streaming events. Managed by experienced professionals, this partnership aims to leverage Dolphin's marketing strengths to enhance the theater's unique offering, expected to open in late Fall 2021.

Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced that CEO Bill O'Dowd will participate in two investor conferences. The first is the Fall Harvest Best Ideas Virtual Investor Conference on October 6, 2021, featuring a 12:30 PM ET presentation and 1x1 meetings on October 8. The second event is the 2021 LD Micro Main Event in Los Angeles on October 12, 2021, with a 2:00 PM PT in-person presentation. For inquiries or to schedule meetings, contact conference representatives or James@HaydenIR.com.

Dolphin Entertainment (NASDAQ:DLPN) has partnered with The Door and Viewpoint Creative to create a digital content series commemorating the 20th anniversary of 9/11. This initiative focuses on honoring the heroes and Legacy Firefighters affected by the tragedy. The series includes emotional stories from firefighters and highlights the FDNY’s improvements post-9/11. The content aims to engage viewers and foster community support for the Leary Firefighters Foundation. Previous collaborations have resulted in award-winning documentaries, reinforcing the commitment to firefighter recognition and support.