Welcome to our dedicated page for Kartoon Studios news (Ticker: TOON), a resource for investors and traders seeking the latest updates and insights on Kartoon Studios stock.
Kartoon Studios Inc (TOON) delivers innovative animated entertainment through strategic partnerships and multi-platform distribution. This news hub provides investors and industry observers with direct access to verified corporate updates, financial disclosures, and operational developments.
Track official announcements spanning new content launches, streaming platform expansions, licensing agreements, and earnings reports. Our curated collection ensures timely access to press releases detailing creative initiatives, distribution network growth, and brand partnership milestones.
Discover updates on TOON's global content strategy including preschool programming innovations, digital platform integrations, and consumer product licensing. The repository serves as a definitive source for monitoring the company's progress in children's entertainment markets across traditional and streaming media.
Bookmark this page for streamlined access to Kartoon Studios' latest strategic moves, financial performance updates, and industry recognition. Check regularly for insights into how the company's IP development and distribution partnerships shape its position in competitive entertainment markets.
Kartoon Studios (NYSE American: TOON) has launched Kartoon Channel's videogame FAST channel on Samsung TV Plus in the UK, Italy, and Spain. Through a joint venture with Power Kids, it will also be offered in India. These new territories provide Kartoon Channel with a footprint of over 1.5 billion new viewers.
The new 'Video Game Heroes' FAST channel features Kidaverse Roblox Rumble, Sonic X, and Donkey Kong Country, along with KC Pop Quiz and Sunny Bunnies. The channel is accessible via Samsung TV Plus on TVs, tablets, and mobile phones, offering a safe, family-friendly environment curated by Kartoon Studios.
Paul Robinson, President of Kartoon Channel Worldwide, emphasized that gaming meets children's needs for escapism and connection, while providing parents with safe, entertaining content for their kids.
Kartoon Studios (NYSE American: TOON) has reported a strong business rebound for its largest revenue unit, Mainframe Studios. Following the resolution of WGA and SAG strikes, Mainframe has secured series orders for over 145 episodes, ensuring a solid work pipeline through 2025 and 2026. The studio currently has four series in production with major industry players like Spin Master, Sony Kids, and Disney.
Mainframe Studios is experiencing significant growth in productions and opportunities, particularly for content slated for 2025. The studio is producing hit series such as Unicorn Academy for Netflix and SuperKitties for Disney+. Additionally, Mainframe is working on an unannounced 2D animated series and co-producing Andrew the Big BIG Unicorn with international distribution rights retained by Kartoon Studios.
Kartoon Studios (NYSE American: TOON) announced the launch of 'Kidaverse Roblox Rumble', a competition series based on the popular Roblox game, set to premiere this Fall on Kartoon Channel. The third season will have a global launch in over 60 territories, including North America, Asia, Europe, and The Middle East.
The show features six young gamers competing in custom-made Roblox challenges, with prizes including iPhones, iPads, custom Nike shoes, and a PlayStation 5. Hosted by Frankie Vu, the series taps into Roblox's massive audience of over 30 million daily players.
Paul Robinson, president of Kartoon Channel Worldwide, highlighted the show's success and enhanced features for the third season, emphasizing its alignment with Kartoon Studios' 'Content with a Purpose' promise.
Kartoon Studios (NYSE American: TOON) and LiveOne (NASDAQ: LVO) have announced a partnership to create three custom audio and video channels. The collaboration aims to deliver tailored entertainment experiences across multiple platforms, targeting different age groups:
1. Baby Genius: For children aged 2-8, offering engaging content for early childhood entertainment.
2. Stan Lee Presents: Targeted at kids and teens 8+, featuring superhero-related music and content from the Stan Lee Universe.
3. Cartoon Hangover: Designed for teens 15+, providing edgy, original animation content combined with popular music.
The channels will be distributed through both companies' existing platforms, reaching over four million LiveOne members, including on the Tesla Streaming Music App. The rollout is scheduled to begin in Fall 2024.
Kartoon Studios (NYSE American: TOON) has launched the second season of Shaq's Garage, titled 'Maximum Horsepower', on its Kartoon Channel! streaming platform. The animated series, starring Shaquille O'Neal, is available across multiple streaming services and devices. The first season significantly boosted subscriber growth, revenue, and profitability for Kartoon Channel!
Additionally, Kartoon Studios announced plans to release Baby Shaq, a nursery rhyme series, in Q4 2024. This spin-off aims to extend the franchise's appeal to preschool audiences. The company's president, Todd Steinman, expressed excitement about continuing their partnership with Shaquille O'Neal and delivering engaging, value-oriented content for their audience.
Kartoon Studios (NYSE American: TOON) has released a business update for Q2 2024, highlighting significant growth and improved financial performance. Key metrics include:
- 120% growth in Amazon Prime subscribers
- 39% decrease in direct operating costs vs. Q2 2023
- 61% reduction in net losses compared to Q2 2023
- Revenue of $8.4 million, up 38% from Q1 2024
- Expansion to 69 countries globally
- $30 million non-dilutive JV financing for production
The company's 'Three Pillars' strategy focusing on Kartoon Channel!, Stan Lee Universe, and Winnie-the-Pooh is driving growth. CEO Andy Heyward expressed confidence in achieving sustained growth and profitability by 2025.
Kartoon Studios (NYSE AMERICAN: TOON) reported a successful rollout of Stan Lee Universe activations at the 2024 San Diego Comic-Con. Highlights included:
1. Debut of -edition apparel and digital collectibles from Multiverse Clothing and VeVe
2. Signings with celebrated pop culture artists
3. "Stan Lee: The Next 100 Years" panel featuring industry experts
4. Exclusive Stan Lee trailer premiere
The event showcased Stan Lee's enduring popularity, with fans lining up for merchandise and panel attendance. VeVe reported strong initial sales and positive fan reactions. Kartoon Studios CEO Andy Heyward emphasized Stan Lee's continued influence in pop culture, citing recent Marvel film developments and his 20 million social media followers.
Kartoon Studios (NYSE AMERICAN: TOON), VeVe, and Multiverse Clothing Company Inc. have launched the first-ever line of Stan Lee -edition 'phygital' collections during San Diego Comic-Con. This innovative collaboration blends fine art with smart fashion, featuring original artwork from renowned artists Rob Prior, Burton Morris, and Bill Sienkiewicz.
The collection includes digital collectibles and -edition apparel such as hoodies ($99), suede bomber jackets ($149.99), and leather jackets ($250). Purchasers of the apparel items can redeem two digital collectibles on VeVe, including a Gold and Silver King of Cameos Stan Lee Chibi style digital collectible and a corresponding Stan Lee Fine Art digital collectible. Each apparel piece also contains an Easter Egg unlocking access to Stan Lee Universe Exclusive Drop 2, featuring 60 artist-signed physical portraits.
Kartoon Studios (NYSE American:TOON) has partnered with LiveOne, Inc. (NASDAQ: LVO) to produce, publish, and distribute original music for the upcoming Winnie-The-Pooh megabrand. This collaboration is expected to drive significant revenue, building on the franchise's $80 billion retail sales history. The partnership includes:
1. Production of music for Kartoon Studios' Winnie-the-Pooh films and series
2. A feature film, 'A Hundred Acre Christmas,' premiering on December 24, 2025, via Amazon Prime Video
3. Five holiday specials and a 104-episode animated series
4. A global retail program launch concurrent with the holiday movie debut
The project is supported by a $30 million non-dilutive production financing led by Catalyst Venture Partners, aiming to capitalize on the franchise's enduring popularity and potential for music royalties.
Kartoon Studios (NYSE American: TOON) announces the expansion of Kartoon Channel Worldwide, now available in 57 territories with an audience reach of approximately 1.6 billion people. The channel has launched a fully dedicated 24/7 service on Link Net in Indonesia, the world's 4th largest territory, reaching a potential audience of nearly 300 million.
The channel offers a diverse mix of high-quality children's series and movies, including Kartoon Studios' originals and licensed classic content. This expansion follows the recent news of Kartoon Channel's profitability and paid subscriber growth in the U.S., with a 120% surge in paid subscribers on Amazon Prime Video from June 2023 to June 2024.
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