Grom Social Enterprises Inc Stock Price, News & Analysis

Grom Social Enterprises, Inc. (NASDAQ: GROM) announced the upcoming release of PAWsome PUPpets!, an activity book based on the popular PAW Patrol® franchise, set to hit bookshelves in January 2023. The 48-page softcover book allows preschoolers to create PAW Patrol® puppets with accessible materials, featuring punch-outs and templates. This initiative is part of Grom's partnership with Dynamite Entertainment, aiming to enhance children's entertainment. CEO Darren Marks expressed optimism about the book's market potential, building on the franchise's global appeal.

Grom Educational Services has announced a partnership with Radix to provide Radix TeacherView, an innovative classroom management solution, alongside its NetSpective web filtering tool. This collaboration aims to enhance online safety and education for schools by offering educators a comprehensive digital management platform that facilitates remote and hybrid learning. Key features of TeacherView include real-time screen monitoring, collaborative tools, and video conferencing capabilities. This initiative aligns with Grom's mission to support effective classroom solutions.

Grom Social Enterprises (NASDAQ: GROM) announced the launch of Santa.com, an immersive e-commerce platform designed to help families prepare for the holidays. This innovative site features curated gift lists, interactive games, and useful planning guides, aiming to ease holiday stress. With e-commerce expected to grow 12.8% to 14.3% this season, Santa.com positions Grom to capitalize on this expanding market. CEO Darren Marks emphasizes the site's unique blend of shopping and premium content, designed for both kids and adults.

Grom Social Enterprises (NASDAQ: GROM) announced that its subsidiary, Top Draw Animation, has secured $615K in new animation assignments, set to boost production output starting Q4. With over 20 years of experience, Top Draw has established a global reputation for premium animation services. The studio is under the leadership of new executives, Russell Hicks and Jared Wolfson, who aim to maintain Top Draw's status as a world-class animation provider. Grom continues to enhance its offerings in children's entertainment and digital safe spaces.

Grom Social Enterprises, Inc. (NASDAQ: GROM) announces the hiring of best-selling authors Chelsea and Matt Giegerich to develop the storyline for The Pirate Princess, an animated feature film. The film tells the coming-of-age story of Zasha, a girl raised by pirates who discovers her royal heritage. The Giegerichs bring extensive experience in family entertainment, with recent projects including a film with Jamie Foxx and a partnership with Sony Pictures. This venture reflects Grom's commitment to producing engaging family content.

Grom Social Enterprises (NASDAQ: GROM) has announced that acclaimed children's TV writer McPaul Smith will develop its new animated preschool series Baldwin, which premieres on October 1. This series, based on Grom's existing intellectual property, follows a young train on a quest to reunite with his father. Smith's extensive background includes roles on shows such as Backyardigans and Carmen Sandiego. The series is part of Grom's strategy to enhance its Curiosity Ink Media brand and expand its portfolio in kids' programming.

Grom Social Enterprises, Inc. (NASDAQ: GROM) announced its collaboration with Dynamite Entertainment for a new book franchise, The Adventures of Herbert Henry. The first title, Santa’s Secret Society, debuts on October 25, 2022, aiming to engage young readers during Christmas. The story follows Herbert, who journeys to the North Pole to save Christmas for his family amid challenges. This new venture showcases Curiosity Ink Media's focus on original IP and aims to expand into potential brand extensions, including feature films and consumer products.

Grom Social Enterprises (NASDAQ: GROM) has announced the upcoming release of a new children’s book titled Baldwin’s Big Adventure, set for October 18. Developed by Curiosity Ink Media, the project is led by former Nickelodeon executive Russell Hicks and features a story about Baldwin, a young switcher train on a quest to reunite with his father. The book will complement a recurring animated series in development with Toon2Tango GmbH. The initiative aims to engage preschool audiences, leveraging Hicks' successful background in creating beloved children's characters.

Grom Social Enterprises, Inc. (NASDAQ: GROM) announced that its subsidiary Top Draw Animation has secured an additional $1.3 million in animation assignments, set to enhance its production capabilities. This expansion reflects the studio's longstanding reputation for premium animation services over more than 20 years. Production is scheduled to begin in late Q3 2022. The recent leadership changes at Top Draw, with experienced industry professionals at the helm, aim to further solidify its position in the competitive animation market.