Thunderbird Entmt Group Inc Stock Price, News & Analysis

Thunderbird Entertainment Group announced that its division, Great Pacific Media, has partnered with SYFY for the upcoming series Reginald the Vampire. The show has secured streaming rights from Hulu and Prime Video in select territories, with a summer premiere planned on SYFY. Cineflix Rights has been appointed as the exclusive global distributor, launching the series at MIPTV in April 2022. The 10-episode dramedy, featuring Jacob Batalon, aims to reshape vampire narratives.

Thunderbird Entertainment Group reported Q2 2022 revenues of $33 million, marking an 18% year-over-year increase, and a total of $68 million for the six months ending December 31, 2021, a 43% increase. Adjusted EBITDA remained stable at $5 million for the quarter, with a 13% rise to $11.3 million for the six months. Free cash flow surged to $16.4 million, up $12 million. The company continues to expand its production capabilities with 26 programs in progress featuring major platforms like Netflix and Disney+. A conference call is scheduled for February 24, 2022.

Thunderbird Entertainment Group Inc. (OTCQX:THBRF) announced its Q2 2022 financial results will be reported pre-market on February 24, 2022, followed by a conference call and webcast at 11 a.m. PT / 2 p.m. ET. CEO Jennifer Twiner McCarron and CFO Barb Harwood will provide updates and discuss financials with a Q&A session afterwards. The call can be accessed via telephone or webcast, with a replay available post-call. Thunderbird creates content across various platforms, aiming to produce socially responsible programming.

Thunderbird Entertainment Group Inc. (OTC:THBRF) has appointed Lana Castleman as Director of Marketing & Communications. Reporting to President Richard Goldsmith, she will oversee trade marketing efforts across the company’s divisions, leveraging her extensive industry connections. Castleman previously served as Director of Communications for the Writers Guild of Canada and as content director for Kidscreen. This appointment aligns with Thunderbird’s strategy to enhance its market presence and support its expanding production pipeline in animation, factual, and scripted genres.

Thunderbird Entertainment Group has appointed Jérôme Levy to its Board of Directors as an independent member, effective immediately. Levy brings extensive experience in media and entertainment, having previously served as Vice Chairman of Archie Comics. His background includes overseeing TV and film production, digital expansion, and negotiating significant production deals with major companies like Warner Brothers and Netflix. This strategic addition aims to strengthen Thunderbird's leadership and execution of its long-term growth plan, which includes investing in owned-IP and pursuing strategic M&A opportunities.

Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) has issued 40,975 common shares to CEO Jennifer Twiner McCarron at a deemed price of $4.93 per share. This stock issuance serves as partial consideration for a performance bonus from the fiscal year ending June 30, 2021, per her employment agreement. Thunderbird specializes in multiplatform production, distribution, and rights management, creating award-winning content for global platforms and broadcasters.

Thunderbird Entertainment Group (OTCQX: THBRF) has promoted Matthew Berkowitz to President while retaining his role as Chief Creative Officer. Berkowitz will lead content development and production across all divisions, including overseeing 27 shows currently in production for major platforms like Netflix and Disney. The company also announced several senior promotions within its Kids and Family Division and established a Current Series Team to enhance project oversight. The move aims to bolster Thunderbird's growth strategy through M&A and IP development.

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) announced that shareholders approved all matters at its Annual General Meeting on December 6, 2021. Key voting results include the election of directors, reappointment of PricewaterhouseCoopers as auditors, and approval of the 2021 Equity Incentive Compensation Plan. Notable board transitions saw Brian Paes-Braga and Paul Sparkes step down, with Marni Wieshofer appointed as Interim Chair. The company emphasizes its dedication to high-quality, socially responsible content across various media platforms.