GNUS Stock Price, News & Analysis

Genius Brands International (NASDAQ: GNUS) has filed its Annual Report on Form 10-K with the US SEC, providing insights into its business operations for the year ending December 31, 2022. The report highlights the company's growth in children's multimedia entertainment, including popular properties such as Stan Lee’s Superhero Kindergarten and Shaq’s Garage. In 2022, Genius Brands acquired WOW! Unlimited Media and made a strategic investment in Your Family Entertainment AG, enhancing its content distribution capabilities.

The company operates the Kartoon Channel! and Frederator Network, reaching a significant audience through various platforms. The CEO emphasized the company's strategy moving forward, though caution is advised due to inherent risks associated with the entertainment industry.

Genius Brands International (NASDAQ: GNUS) announced that Chairman and CEO Andy Heyward, along with NBA legend Shaquille O’Neal, will appear on Bloomberg Technology today at 12:45 PM ET. They will discuss the upcoming animated series 'Shaq’s Garage,' which premieres on PLUTO TV on June 5, 2023. The show features Shaquille O’Neal and is inspired by his passion for cars, showcasing the Shaq Paq characters on various missions. Genius Brands, known for developing children's entertainment properties, has a diverse IP portfolio, including 'Stan Lee’s Superhero Kindergarten' and 'Rainbow Rangers.' The company also acquired WOW! Unlimited Media, expanding its reach in children’s media.

Genius Brands International (Nasdaq: GNUS) has announced the premiere of the action-adventure comedy series “Shaq’s Garage”, featuring Shaquille O’Neal, on Pluto TV starting June 5, 2023. The series includes 26 episodes available exclusively on Kartoon Channel! and targets children and families. The launch will be supported by social marketing efforts and influencer partnerships, and a consumer products program is in development. Shaquille O’Neal expressed pride in the series, emphasizing its positive messaging. Genius Brands aims to inspire children through engaging content and family-friendly entertainment.

Genius Brands International (NASDAQ: GNUS) reported a remarkable 691% increase in revenue to $63.0 million for the year ended December 31, 2022, up from $7.9 million in 2021. The operating loss decreased by 31% while the net loss dropped 64%. The recent acquisition of WOW Unlimited Media significantly boosted revenue, allowing for in-house animation production and broadening distribution channels. With a strong financial position, including $139.5 million in current assets and $28.6 million in working capital, Genius Brands is poised for growth. The firm also secured a multi-million dollar investment from TOHO International for content collaboration.

Genius Brands International (NASDAQ: GNUS) has announced the premiere of a new AI-generated animated series, Warren Buffett’s Secret Millionaires Club Minis, set to launch on Kartoon Channel!, YouTube, and social media on May 15, 2023. The series, aimed at children aged 4-12, features stories co-created and voiced by Warren Buffett and focuses on financial literacy. The production leverages AI technology to create engaging one-minute content, highlighting the company's commitment to innovative children’s entertainment. This follows another AI initiative, Kidaverse Fast Facts, launching this month.

Genius Brands (NASDAQ: GNUS) announced it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notice received on February 28, 2023. This compliance is crucial for maintaining its listing status on Nasdaq. Genius Brands is known for creating and licensing multimedia content for children, including properties such as Stan Lee’s Superhero Kindergarten and Shaq’s Garage. Additionally, the company has expanded its presence through its Kartoon Channel!, which is widely available across multiple distribution platforms and is now launching a subscription-based service, Kartoon Channel! Kidaverse, featuring exclusive content.