Kartoon Studios Inc Stock Price, News & Analysis

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.

Kartoon Studios (NYSE American: TOON) reports positive trends for Kartoon Channel! in Q2 2024, continuing gains from 2023 and Q1 2024. Paid subscribers on Amazon Prime Video have surged by 120% year-over-year from June 2023 to June 2024. The platform is now carried on 16 platforms in the US and aims to become the 'Netflix for Kids'.

Kartoon Channel! achieved breakeven by the end of 2023 and became profitable in Q1 2024. Besides Amazon Prime, the channel saw a 28% year-over-year growth in paid direct-to-consumer streaming subscribers across all its services. Management attributes this growth to strategic execution and network expansion, led by Todd Steinman, President of Kartoon Studios’ Toon Media Networks.

The channel's top performers include Super Mario 3, Shaq’s Garage, Rainbow Rangers, Peppa Pig, and Angry Birds. The commercial-free $3.99/month subscription on Amazon Prime is particularly popular. Looking ahead, the launch of exclusive 'Winnie-the-Pooh' episodes in 2025 is expected to drive further growth.

Kartoon Studios' Chairman and CEO, Andy Heyward, issued a letter to shareholders following the announcement of their new production, 'Kartoon Studios Winnie-The-Pooh,' and the securing of $30 million in non-dilutive production funding.

The financing was led by Catalyst Venture Partners, which means no additional shares will be issued, thereby avoiding shareholder dilution. This development represents a significant milestone for Kartoon Studios as it aims to expand its portfolio and capitalize on the timeless popularity of the Winnie-The-Pooh franchise.

Kartoon Studios has announced the formation of a high-profile team to drive the development, production, and global distribution of 'Kartoon Studios’ Winnie-The-Pooh,' set to premiere on Christmas Eve 2025.

The project is backed by a $30 million non-dilutive funding led by Catalyst Venture Partners. Ryan Gagerman, a former Paramount Pictures executive, will lead the global consumer products rollout. The production team includes Emmy-winning director Michael Maliani and Sam Morrison, a writer from 'Peppa Pig.'

Paul Robinson, former Disney Channel Worldwide Managing Director, will handle international sales. The team aims to build a powerful global entertainment brand and drive substantial revenue through licensed consumer products.

Kartoon Studios announces its largest project ever, a 'Winnie-the-Pooh' megabrand, set to launch on Amazon Prime Video and through a nationwide retail program with Alliance Entertainment. The $30 million project, funded by Catalyst Venture Partners, includes an animated holiday movie debuting December 24, 2025, five specials, and a 104-episode series. The series features a unique 'yarn-based' design and modern stories inspired by A.A. Milne's classic books, aiming to build a global brand with family-friendly values.

Alliance Entertainment will distribute 'Winnie-the-Pooh' merchandise nationwide. The project promises significant profitability, leveraging AI for production efficiency. The initiative celebrates the 100th anniversary of Milne's original publication, with the content developed to bring new depth and warmth to the beloved characters.

Kartoon Studios (NYSE American: TOON) reported a profitable first quarter in 2024 for its Kartoon Channel! streaming service, which now outperforms Disney+ in Apple App Store rankings. The company reduced direct operating costs by over 60% year-over-year and 29% sequentially. CEO Andy Heyward projects company-wide profitability by Q2 2025. Significant strides include launching a Stan Lee Universe store on Amazon, partnering with digital collectibles platform VeVe, and introducing a YouTube channel, 'Stan Lee Presents,' which gained 300,000 subscribers. The company also announced the implementation of AI technologies with Nvidia Omniverse to enhance its animation production. Kartoon Studios reported $6.1 million in revenue for Q1 2024, with no long-term debt and healthy financials. The company plans a major brand announcement later in the quarter.