Dolphin Entmt Inc Stock Price, News & Analysis

IMAX Corporation and Dolphin Entertainment have forged a multi-year agreement to co-finance and produce a series of feature-length documentaries. The inaugural project is The Blue Angels, developed by Bad Robot Productions and Zipper Bros Films, spotlighting the Navy and Marine Corps flight squadron during their training and performance seasons. The documentary promises unprecedented views inside the cockpit and formation of the F/A-18 Super Hornets. The Blue Angels is currently in production and is slated for release in IMAX theaters in 2023.

Dolphin Entertainment (NASDAQ:DLPN) filed a Notification of Late Filing for its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The delay led to a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1). The company has 60 days to either file the report or submit a compliance plan. While immediate delisting is not in effect, failure to comply could result in share delisting. Dolphin expects to file the report within this period, potentially avoiding the need for a compliance plan.

Dolphin Entertainment (NASDAQ:DLPN) reported a strong financial performance for 2021, with a record revenue of $35.8 million, a 49% increase compared to the previous year. The fourth quarter also saw a revenue surge of 57%, reaching $10.5 million. The company achieved a significant milestone by attaining a working capital surplus, eliminating previous concerns over its financial health. Notable investments were made in 2021, including an NFT marketplace, participation in Midnight Theater, and a partnership with Crafthouse Cocktails. Expectations for 2022 are high, with aims to leverage these assets for further growth.

Dolphin Entertainment (NASDAQ:DLPN) announced a conference call on April 13, 2022, at 4:30 PM ET to discuss its financial results for the fourth quarter and the full year ending December 31, 2021. The call will provide insights into the company's performance, and interested parties can participate by calling in 5 to 10 minutes early. The company is recognized for its marketing and production services in entertainment, with subsidiaries that have achieved notable rankings in the industry.

Dolphin Entertainment (NASDAQ:DLPN) announced its participation in the Maxim Group 2022 Virtual Growth Conference on March 29 at 2:00 pm ET. CEO Bill O'Dowd will engage in a fireside chat with analyst Allen Klee. Dolphin, a leader in entertainment marketing and content production, operates subsidiaries like 42West and B/HI, providing PR and marketing services across various industries including film and music. Recently, Dolphin launched WCIP, focusing on Web3 initiatives. For more details about the conference, visit here.

Dolphin Entertainment (NASDAQ:DLPN) has achieved significant recognition as its public relations subsidiaries, 42West and The Door, are ranked among the top 50 PR agencies in America by The Observer. 42West secured the #2 spot, the highest for any entertainment firm, while The Door ranked #22. This validation underscores Dolphin's strategy of developing an entertainment marketing 'Super Group.' Notably, Kelly Patterson of The Door was named a PR Rising Star. Both agencies have proven their capabilities with high-profile clients and impactful campaigns, enhancing Dolphin's brand positioning in the industry.

Dolphin Entertainment (NASDAQ:DLPN) has announced a strategic partnership with The Flower Girls, a female-led NFT collection created by artist Varvara Alay. This collaboration aims to enhance brand growth and charitable initiatives, with a focus on benefiting children's charities. The Flower Girls have generated over $15 million in sales and donate 20% of profits to charitable causes. Dolphin will leverage its marketing network to expand community benefits and increase the value for NFT holders. This partnership represents significant opportunities across various entertainment sectors.

Dolphin Entertainment (NASDAQ:DLPN) has acquired an ownership position in FanJolt, an online platform enabling unique interactions between fans and celebrities, supporting charitable causes. The platform allows live broadcasts and direct communication with prominent figures like Aaron Judge and Rafael Nadal. Dolphin will manage creative and marketing aspects for FanJolt, enhancing its engagement strategies within the entertainment sector. The platform is set to host various live events in February, donating proceeds to associated charities, boosting FanJolt’s market presence and supporting philanthropic initiatives.