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Dolphin Entertainment (DLPN) Stock News, Sep 2021-Jan 2022

DLPN Nasdaq

Dolphin Entertainment, Inc. develops and markets entertainment and lifestyle properties through a venture-studio and agency-consortium model. The company creates, produces, finances, markets and promotes content, products and experiences, while its marketing businesses serve clients across film, television, music, gaming, hospitality, fashion, sports, consumer brands and purpose-driven initiatives.

Recurring news for DLPN covers earnings releases, conference calls, agency client wins, festival and event communications, awards activity involving represented clients, and expansion of subsidiaries such as 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept.

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Dolphin Entertainment (NASDAQ:DLPN) announced that its CEO, Bill O'Dowd, will participate in the Blockchain Conference on January 27, 2022, at 10:30 AM EST. The conference, presented by Maxim Group LLC and hosted by M-Vest, will feature a panel discussion titled Creating NFTs, moderated by Allen Klee of Maxim Group. Dolphin, a leader in entertainment marketing and premium content, is also known for its work in NFTs across various industries. For more information and registration details, visit here.

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Dolphin Entertainment (NASDAQ:DLPN) announces the launch of a new NFT digital collectible program called Winter Sports Champions, set to debut on February 4, 2022. This series merges the arenas of comic book artistry and winter sports, featuring renowned athletes including Nancy Kerrigan. Collaborating with FTX.US, fans can purchase NFTs using credit cards, debit cards, and cryptocurrency. The collectibles will come with varying rarity levels, and holders can unlock unique digital items and real-life rewards.

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Dolphin Entertainment (NASDAQ:DLPN) announced a strategic partnership with Crafthouse Cocktails, enhancing its marketing reach in the ready-to-drink cocktail market. Crafthouse, known for its premium, all-natural cocktails, will benefit from Dolphin's expertise in publicity and talent relationships. This partnership follows Dolphin's investment in the Midnight Theatre in Manhattan, further solidifying its strategy to invest in innovative companies. The ready-to-drink cocktail category is projected to see significant growth, with forecasts estimating revenues of $3-$4 billion.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Dolphin Entertainment (DLPN)?

Dolphin Entertainment (DLPN) last closed at $1.04.

What is the market cap of Dolphin Entertainment (DLPN)?

The market cap of Dolphin Entertainment (DLPN) is approximately $13.6M.