Latest news with #KartoonStudios
Yahoo
28-05-2025
- Business
- Yahoo
Kartoon Channel! and Ameba Deliver Triple-Digit Year Over Year Growth in Early 2025
Kartoon Channel Doubles Watchtime Across FAST Platforms Google TV Freeplay launches 24/7 ChannelAI-Assisted Foreign Language Dubbing, Helping to Drive International ExpansionTodd Steinman Promoted to President of Toon Media Networks Worldwide as Platforms Now Reaches 71 Territories with Universe of 2.8 Billion ViewersBEVERLY HILLS, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced that it has expanded Todd Steinman's role from Toon Media Networks President to lead global business for Kartoon Channel Worldwide! as the company accelerates international growth and capitalizes on surging momentum across its digital by triple-digit growth from Kartoon Channel! and Ameba's domestic business, the company reported a 116% year-over-year earnings increase for January and February 2025 (timing adjusted), compared to the same period in 2024. This growth, combined with ongoing platform expansion, reinforces Kartoon Studios' position as a rising leader in the global family streaming distribution now spanning 71 territories and access to an audience of 2.8 billion, Steinman's expanded role will include international operations while driving monetization across global markets. His leadership has already transformed Kartoon Channel! into a profitable, high-growth platform across North Heyward, CEO and Chairman of Kartoon Studios, commented: 'Todd Steinman is an extraordinary executive who has not only delivered profitability and growth in the U.S. at a record pace but also defined a successful, scalable streaming model we can now extend worldwide across Ad-supported Video on Demand (AVOD), Subscription Video on Demand (SVOD), and FAST channels. Steinman's extraordinary performance guiding Kartoon Channel!, Ameba, and Frederator Networks into profitable streaming powerhouses for children and young adults has fueled an important and growing profit center for Kartoon Networks, with triple-digit growth year over year. The combination of Subscription Video on Demand (SVOD), AVOD, and FAST has created a diversified and fast-growing children's service. Steinman will now assume oversight of the global expansion of Toon Media Networks and Kartoon Channel! Worldwide.'The Company has released a video interview with Steinman today where he discusses the strategy and rise of Kartoon Channel! and Toon Media Networks, as well as the drivers of growing profitability. The video is now available via the Kartoon Studios' social media accounts and the links below: X: Instagram: LinkedIn: Supporting this growth, Kartoon Channel! doubled the performance across its FAST channels since last year on platforms that include Tubi, Pluto TV, and Xumo and added Samsung TV Plus. The expansion continues with the recent debut of a 24/7 Rainbow Rangers channel on Google TV Freeplay, significantly enhancing Kartoon Channel!'s domestic reach and monetization addition to expanding distribution, Kartoon Studios is leveraging AI-assisted dubbing technology to localize content efficiently, helping the company unlock new international markets with speed and added:'This next chapter is about building on our momentum in international markets. We're focused on profitability, brand impact, and delivering content that connects with families everywhere.'About Kartoon StudiosKartoon Studios (NYSE American: TOON) is a global creator, producer, distributor, marketer, and licensor of premium entertainment brands for children and families. The Company's diverse portfolio includes some of the most recognized properties in kids' media, including original IP like Stan Lee's Superhero Kindergarten starring Arnold Schwarzenegger, Shaq's Garage starring Shaquille O'Neal, Rainbow Rangers, and Llama Llama starring Jennifer Studios owns a controlling interest in Stan Lee Universe, managing the legendary creator's name, likeness, signature, voice, consumer products licensing, and original post-Marvel IP. Stan Lee is widely regarded as one of the most influential storytellers in modern history, with his characters appearing in four of the top ten highest-grossing films of all Studios' animation powerhouse, Mainframe Studios, has delivered over 1,000 half-hour episodes and more than 60 feature-length projects. The studio's partners include Disney, Netflix, Mattel, and Sony, with current productions such as Barbie, CoComelon, and Unicorn its wholly owned Toon Media Networks—including Kartoon Channel!, Ameba, and Frederator Network—Kartoon Studios reaches audiences worldwide across linear, AVOD, SVOD, and FAST platforms. Kartoon Channel! is the #1 rated kids' streaming app on the Apple App Store and delivers thousands of hours of family-friendly content, including top-performing series like Peppa Pig Shorts, Mother Goose Club, Talking Tom & Friends, Yu-Gi-Oh!, and educational content through Kartoon Classroom and Spanish language collection KC En Español. Frederator Network operates one of the largest global animation networks on YouTube, featuring over 2,000 exclusive creators with billions of annual 2022, Kartoon Studios acquired Canada's WOW! Unlimited Media and became the largest shareholder in Germany's Your Family Entertainment AG, a leading European kids' content Company also includes Beacon Media Group, a full-service agency offering integrated PR, social media, influencer, creative, and media buying services across entertainment, lifestyle, gaming, and tech for its operational excellence, Kartoon Studios was recently honored by Amazon with the Operational Excellence Award for 100% on-time more information, visit Forward-Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements and include statements regarding Mr. Steinman's contributions to be made to the Company due to his expanded role; Media Networks continuing to accelerate growth; the potential for maximum reach, brand building power, and a diversified and flexible monetization model; Mr. Steinman bringing the same U.S. vision and execution to the Company's international operations; Kartoon Channel's global footprint continuing to accelerate; Rainbow Rangers and Shaq's Garage continuing to bring in audiences; greater operational efficiency, scale, and monetization as the Company unlocks new growth in Europe, Latin America, Asia, and beyond; and Kartoon Channel! continuing to be a leader of the next generation of children's programming and AVOD distribution, and the ability of Kartoon Channel! to build a scalable, profitable streaming platform that delivers real value — for families and for investors. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, the ability of Mr. Steinman to make the anticipated contributions to the Company's international operations; the Company's ability to sustain growth and become profitable; Kartoon Channel's ability to continue to accelerate its global footprint; the ability of Rainbow Rangers and Shaq's Garage to continue to bring in audiences; the Company's ability to have greater operational efficiency, scale, and monetization as it unlocks new growth in Europe, Latin America, Asia, and beyond; Kartoon Channel! continuing to be a leader of the next generation of children's programming and AVOD distribution and building a scalable, profitable streaming platform that delivers real value — for families and for investors; the Company's ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company's operations from period to period; general economic and financial conditions; the Company's ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company's reliance on and relationships with third-party production and animation studios; the Company's ability to market and advertise its products; the Company's reliance on third-parties to promote its products; the Company's ability to keep pace with technological advances; the Company's ability to protect its intellectual property and those other risk factors set forth in the 'Risk Factors' section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in the Company's subsequent filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. MEDIA CONTACT:pr@ INVESTOR RELATIONS CONTACT:ir@ A photo accompanying this announcement is available at while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
15-05-2025
- Business
- Globe and Mail
Kartoon Studios Q1 2025 Revenue Soars 56% Over Prior Year - Company on Track for Profit By End of Year
Mainframe Animation Unit Achieves Profitability, with Revenue up 138% Over Prior Year Quarter and 29% Sequentially Joining Kartoon Channel! and Beacon Media Profitable Units Four Straight Quarters of Growth, Zero Long-Term Debt, Profitable Animation Studio (Mainframe), Profitable Kids Streaming Service (Kartoon Channel!), and Valuable IP Projects Set the Stage for Investor Value Creation BEVERLY HILLS, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced results for the first quarter of 2025, showcasing strong revenue growth, continuing improving margins, and disciplined cost control – all accelerating the Company's progress toward overall profitability by year-end. Q1 2025 Financial Highlights: Total Revenue up 56.4% year-over-year Production Services Revenue up 137.9% Operating Loss improved by 51.1% YoY and 11.9% sequentially G&A expenses reduced by 24.9% Mainframe Studios and Kartoon Channel! achieved profitability in the quarter fueled by revenue growth Why Kartoon Studios Is Poised for Investor Growth: 56% YoY revenue growth and four consecutive quarters of topline gains Profitable, cash-generating studio: Mainframe Studios, with 90%+ of 2025 budget revenue already under contract Profitable Kids streaming service: Kartoon Channel! U.S. streamer service continues to grow and remains the #1 viewer-ranked kids' streaming app in the Apple App Store, outperforming Netflix, YouTube Kids, Disney+, and PBS Kids. Zero long-term debt and a streamlined cost structure Upcoming high-potential franchises: A Hundred Acre Woods' Winnie & Friends' and Stan Lee's The Excelsiors coming to market by year end and poised to make significant contributions. Kartoon Channel! Worldwide global distribution is now available to 1.5 billion+ viewer universe across 61+ countries 'We've spent the last year optimizing every aspect of our business – lowering costs, deepening partnerships, and expanding distribution,' said Andy Heyward, Chairman & CEO of Kartoon Studios. 'With a profitable studio division (Mainframe), scalable digital platform (Kartoon Channel!), and powerful IP on the horizon (Hundred Acre Woods' Winnie and Friends''; Stan Lee Universe / The Excelsiors), Kartoon Studios is now positioned to unlock long-term shareholder value.' Mainframe Studios: Profit Engine Driving Visibility and Margin Expansion Mainframe Studios delivered profitability in Q1 2025 and continues to serve as Kartoon Studios' consistent and strategic revenue driver. Its deep, long-standing partnerships with industry leaders such as Disney, Netflix, Sony Kids, Mattel, Spin Master, and PBS, with major brands, speak to the studio's unmatched ability to deliver high-quality animation at scale, on time, and on budget. Mainframe is currently producing content for some of the world's biggest entertainment franchises – including Barbie, CoComelon, SuperKitties, Unicorn Academy, and Octonauts – each of which commands massive global audiences. With over 90% of its 2025 revenue already under contract and a production backlog extending into 2026, Mainframe offers Kartoon Studios not just financial visibility but operational stability and scalability. This pipeline reduces execution risk, supports gross margin expansion, and positions Kartoon Studios to benefit directly from the enduring success of the world's most beloved IP. Kartoon Channel! Growth Accelerates as Watch Time Doubles Kartoon Channel! continues its dominance as the #1 kids' streaming app on the Apple App Store, consistently outperforming YouTube Kids, Netflix, and Disney+ in the family entertainment category. In Q1, FAST (Free Ad-Supported Streaming Television) channel watch time more than doubled year-over-year, reflecting deepening viewer engagement and brand stickiness. The platform's global reach now spans over 61 countries and more than 1.5 billion potential viewers, thanks to widespread distribution across Samsung TV Plus, LG, Roku, Apple TV, Prime Video, Xumo, Pluto TV, and more. Supported by a growing library of premium content—including Peppa Pig, Super Mario Brothers, Kidaverse Roblox Rumble, Minecraft: Journey to the End, and originals like Shaq's Garage and Rainbow Rangers – Kartoon Channel! combines safety, accessibility, and entertainment value in one of the fastest-growing segments of digital media. As advertisers and content partners look to align with brand-safe environments, the platform is poised to unlock significant growth in both viewership and monetization. Franchise Building: IP That Moves Markets With Hundred Acre Woods' Winnie and Friends in production, Kartoon Studios is building what it believes will be a large global merchandising franchise. The project is Executive Produced by Andy Heyward and Linda Woolverton, the trailblazing screenwriter behind Disney's Beauty and the Beast, The Lion King, Alice in Wonderland, and Maleficent, whose films have collectively grossed billions of dollars and helped redefine modern fairy tales for global audiences. Her ability to craft emotionally resonant, franchise-driven stories positions Winnie and Friends for long-term cultural and commercial impact. Joining her is John Rivoli, a top-tier creative branding expert known for his visual work on Harry Potter, Batman, The Lord of the Rings, and SpongeBob SquarePants. Rivoli's expertise in translating IP into iconic consumer product lines and immersive brand experiences gives Winnie and Friends a direct path into high-impact retail programs and licensing categories. Together, Woolverton and Rivoli bring a rare combination of storytelling excellence and commercial vision—offering Kartoon Studios a powerful opportunity to transform Winnie and Friends into a globally recognized, multi-platform franchise with deep merchandising potential. Meanwhile, Stan Lee's The Excelsiors and a new animated Christmas movie are expected to further build brand equity and long-term monetization opportunities across Kartoon Studios' growing IP portfolio. Financial Discipline and Strategic Investment 'Q1 is all about momentum building off our successful business recovery in 2024. The Q1 results reflect a leaner, more focused Company,' said Brian Parisi, CFO. 'We've cut G&A nearly 25%, recorded our 4 th consecutive quarter of revenue growth, improved operating losses by over 50%, and maintained a debt-free balance sheet. With increasing revenue predictability and strong engagement across platforms, we believe Kartoon Studios is structurally positioned for profitable growth.' Looking Ahead: Profitability in 2025, Long-Term Shareholder Value With four consecutive quarters of revenue growth, zero long-term debt, and Mainframe Studios now profitable, Kartoon Studios expects to achieve company-wide profitability by the fourth quarter of 2025. The Company is focused on leveraging IP-driven content, and scaling monetization through licensing, theatrical, and digital channels to drive sustainable shareholder value. For the quarter ended March 31, 2025, Kartoon Studios reported revenue of $9.5 million, current assets of $25.1 million, and stockholders' equity of $30.1 million, with no long-term debt. The Company's full financial results for the quarter ended March 31, 2025 will be available in its Form 10-Q filed with the Securities and Exchange Commission and accessible on Kartoon Studios' website. About Kartoon Studios Kartoon Studios (NYSE AMERICAN: TOON) is a global creator, producer, distributor, marketer, and licensor of premium entertainment brands for children and families. The Company's diverse portfolio includes some of the most recognized properties in kids' media, including original IP like Stan Lee's Superhero Kindergarten starring Arnold Schwarzenegger, Shaq's Garage starring Shaquille O'Neal, Rainbow Rangers, and Llama Llama starring Jennifer Garner. Kartoon Studios owns a controlling interest in Stan Lee Universe, managing the legendary creator's name, likeness, signature, voice, consumer products licensing, and original post-Marvel IP. Stan Lee is widely regarded as one of the most influential storytellers in modern history, with his characters appearing in four of the top ten highest-grossing films of all time. Kartoon Studios' animation powerhouse, Mainframe Studios, has delivered over 1,000 half-hour episodes and more than 60 feature-length projects. The studio's partners include Disney, Netflix, Mattel, and Sony, with current productions such as Barbie, CoComelon, and Unicorn Academy. Through its wholly owned Toon Media Networks—including Kartoon Channel!, Ameba, and Frederator Network—Kartoon Studios reaches audiences worldwide across linear, AVOD, SVOD, and FAST platforms. Kartoon Channel! is the #1 kids' app on the Apple App Store and delivers thousands of hours of family-friendly content, including top-performing series like Peppa Pig Shorts, Mother Goose Club, Talking Tom & Friends, Yu-Gi-Oh!, and educational content through Kartoon Classroom and Spanish language collection KC En Español. Frederator Network operates one of the largest global animation networks on YouTube, featuring over 2,000 exclusive creators with billions of annual views. In 2022, Kartoon Studios acquired Canada's WOW! Unlimited Media and became the largest shareholder in Germany's Your Family Entertainment AG, a leading European kids' content company. The Company also includes Beacon Media Group, a full-service kids and family agency offering integrated PR, social media, influencer, creative, and media buying services across entertainment, lifestyle, gaming, and tech verticals. For more information, visit Forward-Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements and include statements regarding being poised for revenue growth and reaching sustained profitability in 2025 with rebound in animation production pipeline and continuing profit in children's channel; system; releasing A.A. MILNE'S WINNIE-THE-POOH sneak peek animation trailer featuring two new female characters; development plans for Stan Lee's The Excelsiors – one of the largest initial superhero ensemble creations by the legendary Stan Lee: launching the project as a graphic novel through Legible Comics, with concurrent development for television and film adaptations, overseen by industry icon and BATMAN Executive Producer, Michael Uslan: the collaboration with LiveOne (LVO: NASDAQ) to produce, publish, and distribute all music for its Winnie-the-Pooh films and series, including original songs, albums, and soundtracks; continuing to build on the positive results achieved in the first half of the year; the Company's ability to expand its brand globally in 2025 and beyond; the Company's belief that its initiatives reinforce its commitment to building a dynamic, diversified, children's entertainment portfolio that resonates with audiences worldwide, positioning the Company for long-term success; the future success of Mainframe Studios; current initiatives guiding Kartoon Studios toward profitability in 2025; operating at a sustainable expense level for the foreseeable future; and being well-positioned to capitalize on future growth opportunities and deliver long-term value for shareholders;. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, the Company's ability to sustain growth and profitability in 2025; the Company's ability to expand its brand globally in 2025 and beyond; the ability of the Company to achieve profitability in 2025; the successful release of the Company's Winnie-the-Pooh films and series; the successful production and release of the Company's animated Christmas movie set to premiere December 24, 2025; the Company's ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company's operations from period to period; general economic and financial conditions; the Company's ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company's reliance on and relationships with third-party production and animation studios; the Company's ability to market and advertise its products; the Company's reliance on third-parties to promote its products; the Company's ability to keep pace with technological advances; the Company's ability to protect its intellectual property and those other risk factors set forth in the 'Risk Factors' section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in the Company's subsequent filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. Photos accompanying this announcement are available at
Yahoo
15-05-2025
- Business
- Yahoo
Kartoon Studios Q1 2025 Revenue Soars 56% Over Prior Year - Company on Track for Profit By End of Year
Mainframe Animation Unit Achieves Profitability, with Revenue up 138% Over Prior Year Quarter and 29% Sequentially Joining Kartoon Channel! and Beacon Media Profitable Units Four Straight Quarters of Growth, Zero Long-Term Debt, Profitable Animation Studio (Mainframe), Profitable Kids Streaming Service (Kartoon Channel!), and Valuable IP Projects Set the Stage for Investor Value Creation BEVERLY HILLS, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced results for the first quarter of 2025, showcasing strong revenue growth, continuing improving margins, and disciplined cost control – all accelerating the Company's progress toward overall profitability by year-end. Q1 2025 Financial Highlights: Total Revenue up 56.4% year-over-year Production Services Revenue up 137.9% Operating Loss improved by 51.1% YoY and 11.9% sequentially G&A expenses reduced by 24.9% Mainframe Studios and Kartoon Channel! achieved profitability in the quarter fueled by revenue growth Why Kartoon Studios Is Poised for Investor Growth: 56% YoY revenue growth and four consecutive quarters of topline gains Profitable, cash-generating studio: Mainframe Studios, with 90%+ of 2025 budget revenue already under contract Profitable Kids streaming service: Kartoon Channel! U.S. streamer service continues to grow and remains the #1 viewer-ranked kids' streaming app in the Apple App Store, outperforming Netflix, YouTube Kids, Disney+, and PBS Kids. Zero long-term debt and a streamlined cost structure Upcoming high-potential franchises: A Hundred Acre Woods' Winnie & Friends' and Stan Lee's The Excelsiors coming to market by year end and poised to make significant contributions. Kartoon Channel! Worldwide global distribution is now available to 1.5 billion+ viewer universe across 61+ countries 'We've spent the last year optimizing every aspect of our business – lowering costs, deepening partnerships, and expanding distribution,' said Andy Heyward, Chairman & CEO of Kartoon Studios. 'With a profitable studio division (Mainframe), scalable digital platform (Kartoon Channel!), and powerful IP on the horizon (Hundred Acre Woods' Winnie and Friends''; Stan Lee Universe/The Excelsiors), Kartoon Studios is now positioned to unlock long-term shareholder value.' Mainframe Studios: Profit Engine Driving Visibility and Margin Expansion Mainframe Studios delivered profitability in Q1 2025 and continues to serve as Kartoon Studios' consistent and strategic revenue driver. Its deep, long-standing partnerships with industry leaders such as Disney, Netflix, Sony Kids, Mattel, Spin Master, and PBS, with major brands, speak to the studio's unmatched ability to deliver high-quality animation at scale, on time, and on budget. Mainframe is currently producing content for some of the world's biggest entertainment franchises – including Barbie, CoComelon, SuperKitties, Unicorn Academy, and Octonauts – each of which commands massive global audiences. With over 90% of its 2025 revenue already under contract and a production backlog extending into 2026, Mainframe offers Kartoon Studios not just financial visibility but operational stability and scalability. This pipeline reduces execution risk, supports gross margin expansion, and positions Kartoon Studios to benefit directly from the enduring success of the world's most beloved IP. Kartoon Channel! Growth Accelerates as Kartoon Channel! continues its dominance as the #1 kids' streaming app on the Apple App Store, consistently outperforming YouTube Kids, Netflix, and Disney+ in the family entertainment category. In Q1, FAST (Free Ad-Supported Streaming Television) channel watch time more than doubled year-over-year, reflecting deepening viewer engagement and brand stickiness. The platform's global reach now spans over 61 countries and more than 1.5 billion potential viewers, thanks to widespread distribution across Samsung TV Plus, LG, Roku, Apple TV, Prime Video, Xumo, Pluto TV, and by a growing library of premium content—including Peppa Pig, Super Mario Brothers, Kidaverse Roblox Rumble, Minecraft: Journey to the End, and originals like Shaq's Garage and Rainbow Rangers – Kartoon Channel! combines safety, accessibility, and entertainment value in one of the fastest-growing segments of digital media. As advertisers and content partners look to align with brand-safe environments, the platform is poised to unlock significant growth in both viewership and monetization. Franchise Building: IP That Moves MarketsWith Hundred Acre Woods' Winnie and Friends in production, Kartoon Studios is building what it believes will be a large global merchandising franchise. The project is Executive Produced by Andy Heyward and Linda Woolverton, the trailblazing screenwriter behind Disney's Beauty and the Beast, The Lion King, Alice in Wonderland, and Maleficent, whose films have collectively grossed billions of dollars and helped redefine modern fairy tales for global audiences. Her ability to craft emotionally resonant, franchise-driven stories positions Winnie and Friends for long-term cultural and commercial impact. Joining her is John Rivoli, a top-tier creative branding expert known for his visual work on Harry Potter, Batman, The Lord of the Rings, and SpongeBob SquarePants. Rivoli's expertise in translating IP into iconic consumer product lines and immersive brand experiences gives Winnie and Friends a direct path into high-impact retail programs and licensing categories. Together, Woolverton and Rivoli bring a rare combination of storytelling excellence and commercial vision—offering Kartoon Studios a powerful opportunity to transform Winnie and Friends into a globally recognized, multi-platform franchise with deep merchandising potential. Meanwhile, Stan Lee's The Excelsiors and a new animated Christmas movie are expected to further build brand equity and long-term monetization opportunities across Kartoon Studios' growing IP portfolio. Financial Discipline and Strategic Investment'Q1 is all about momentum building off our successful business recovery in 2024. The Q1 results reflect a leaner, more focused Company,' said Brian Parisi, CFO. 'We've cut G&A nearly 25%, recorded our 4th consecutive quarter of revenue growth, improved operating losses by over 50%, and maintained a debt-free balance sheet. With increasing revenue predictability and strong engagement across platforms, we believe Kartoon Studios is structurally positioned for profitable growth.' Looking Ahead: Profitability in 2025, Long-Term Shareholder Value With four consecutive quarters of revenue growth, zero long-term debt, and Mainframe Studios now profitable, Kartoon Studios expects to achieve company-wide profitability by the fourth quarter of 2025. The Company is focused on leveraging IP-driven content, and scaling monetization through licensing, theatrical, and digital channels to drive sustainable shareholder value. For the quarter ended March 31, 2025, Kartoon Studios reported revenue of $9.5 million, current assets of $25.1 million, and stockholders' equity of $30.1 million, with no long-term debt. The Company's full financial results for the quarter ended March 31, 2025 will be available in its Form 10-Q filed with the Securities and Exchange Commission and accessible on Kartoon Studios' website. About Kartoon StudiosKartoon Studios (NYSE AMERICAN: TOON) is a global creator, producer, distributor, marketer, and licensor of premium entertainment brands for children and families. The Company's diverse portfolio includes some of the most recognized properties in kids' media, including original IP like Stan Lee's Superhero Kindergarten starring Arnold Schwarzenegger, Shaq's Garage starring Shaquille O'Neal, Rainbow Rangers, and Llama Llama starring Jennifer Garner. Kartoon Studios owns a controlling interest in Stan Lee Universe, managing the legendary creator's name, likeness, signature, voice, consumer products licensing, and original post-Marvel IP. Stan Lee is widely regarded as one of the most influential storytellers in modern history, with his characters appearing in four of the top ten highest-grossing films of all time. Kartoon Studios' animation powerhouse, Mainframe Studios, has delivered over 1,000 half-hour episodes and more than 60 feature-length projects. The studio's partners include Disney, Netflix, Mattel, and Sony, with current productions such as Barbie, CoComelon, and Unicorn Academy. Through its wholly owned Toon Media Networks—including Kartoon Channel!, Ameba, and Frederator Network—Kartoon Studios reaches audiences worldwide across linear, AVOD, SVOD, and FAST platforms. Kartoon Channel! is the #1 kids' app on the Apple App Store and delivers thousands of hours of family-friendly content, including top-performing series like Peppa Pig Shorts, Mother Goose Club, Talking Tom & Friends, Yu-Gi-Oh!, and educational content through Kartoon Classroom and Spanish language collection KC En Español. Frederator Network operates one of the largest global animation networks on YouTube, featuring over 2,000 exclusive creators with billions of annual views. In 2022, Kartoon Studios acquired Canada's WOW! Unlimited Media and became the largest shareholder in Germany's Your Family Entertainment AG, a leading European kids' content company. The Company also includes Beacon Media Group, a full-service kids and family agency offering integrated PR, social media, influencer, creative, and media buying services across entertainment, lifestyle, gaming, and tech verticals. For more information, visit Forward-Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements and include statements regarding being poised for revenue growth and reaching sustained profitability in 2025 with rebound in animation production pipeline and continuing profit in children's channel; system; releasing A.A. MILNE'S WINNIE-THE-POOH sneak peek animation trailer featuring two new female characters; development plans for Stan Lee's The Excelsiors – one of the largest initial superhero ensemble creations by the legendary Stan Lee: launching the project as a graphic novel through Legible Comics, with concurrent development for television and film adaptations, overseen by industry icon and BATMAN Executive Producer, Michael Uslan: the collaboration with LiveOne (LVO: NASDAQ) to produce, publish, and distribute all music for its Winnie-the-Pooh films and series, including original songs, albums, and soundtracks; continuing to build on the positive results achieved in the first half of the year; the Company's ability to expand its brand globally in 2025 and beyond; the Company's belief that its initiatives reinforce its commitment to building a dynamic, diversified, children's entertainment portfolio that resonates with audiences worldwide, positioning the Company for long-term success; the future success of Mainframe Studios; current initiatives guiding Kartoon Studios toward profitability in 2025; operating at a sustainable expense level for the foreseeable future; and being well-positioned to capitalize on future growth opportunities and deliver long-term value for shareholders;. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, the Company's ability to sustain growth and profitability in 2025; the Company's ability to expand its brand globally in 2025 and beyond; the ability of the Company to achieve profitability in 2025; the successful release of the Company's Winnie-the-Pooh films and series; the successful production and release of the Company's animated Christmas movie set to premiere December 24, 2025; the Company's ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company's operations from period to period; general economic and financial conditions; the Company's ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company's reliance on and relationships with third-party production and animation studios; the Company's ability to market and advertise its products; the Company's reliance on third-parties to promote its products; the Company's ability to keep pace with technological advances; the Company's ability to protect its intellectual property and those other risk factors set forth in the 'Risk Factors' section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in the Company's subsequent filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. MEDIA CONTACT:pr@ INVESTOR RELATIONS CONTACT: Photos accompanying this announcement are available at
Yahoo
27-03-2025
- Business
- Yahoo
Kartoon Studios to Report Q4 2024 Results Pre-Market on March 31
CEO Andy Heyward and CFO Brian Parisi to Host Video Q&A Session with Investor Bryce McNallie of the Popular McNallie Money Podcast BEVERLY HILLS, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced that the company will report Q4 2024 results pre-market on March 31. A press release will be available via Globe Newswire and posted at In addition, Kartoon Studios will stream a video Q&A session with CEO Andy Heyward and CFO Brian Parisi, hosted by Bryce McNallie of the popular McNallie Money Podcast. The interview will be posted shortly after Q4 results are announced via the company's social media channels, including X, LinkedIn, and Instagram. It can also be viewed via the company's YouTube Channel and the McNallie Money Podcast. About Kartoon Studios Kartoon Studios (NYSE AMERICAN: TOON) is a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands. The Company's IP portfolio includes original animated content, including the Stan Lee brand, 'Stan Lee's Superhero Kindergarten,' starring Arnold Schwarzenegger, on Kartoon Channel! and Ameba; 'Shaq's Garage,' starring Shaquille O'Neal, on Kartoon Channel!; 'Rainbow Rangers' on Kartoon Channel! and Ameba; the Netflix Original, 'Llama Llama,' starring Jennifer Garner, and more. In 2022, Kartoon Studios acquired Canada's WOW! Unlimited Media, along with its subsidiary, Mainframe Studios, produces top brands for third parties, including 'Cocomelon,' 'Barbie's Playhouse,' Unicorn Academy,' and 'SuperKitties.' Additionally, the company made a strategic investment becoming the largest shareholder in Germany's Your Family Entertainment AG, one of Europe's leading distributors and broadcasters of high-quality programs for children and families. Toon Media Networks, the Company's wholly-owned digital distribution network, consists of Kartoon Channel!, Frederator Network, and Ameba. Kartoon Channel! is a globally distributed entertainment platform. Kartoon Channel! and Ameba are available across multiple platforms, including iOS, Android Mobile, Web, Amazon Prime Video, Apple TV, Amazon Fire, Roku, Pluto TV, Comcast, Cox, Dish, Sling TV, Android TV, Xbox, Tubi, Xumo, and Samsung and LG Smart TVs. Frederator Network owns and operates one of the largest global animation networks on YouTube, with channels featuring over 2000 exclusive creators and influencers, garnering billions of views annually. For additional information, please visit MEDIA CONTACT:pr@ INVESTOR RELATIONS CONTACT: ir@ in to access your portfolio
Yahoo
26-03-2025
- Entertainment
- Yahoo
‘The Lion King' & ‘Maleficent' Writer Linda Woolverton Joins Winnie The Pooh Series
EXCLUSIVE: Veteran Hollywood screenwriter Linda Woolverton, whose credits include Beauty And The Beast, The Lion King, Alice In Wonderland and Maleficent, has joined Kartoon Studios' Hundred Acre Wood's Winnie and Friends project as an executive producer. John Rivoli, the veteran character, poster and creative products artist who has worked on projects including Harry Potter, Wicked, Lord of the Rings, Batman, SpongeBob SquarePants, and Looney Tunes, has joined as Creative Director. More from Deadline Kartoon Studios & GFM Animation Heading To EFM With First Animated Projects From Stan Lee Universe 'Winnie-The-Pooh' Movies & Series Coming To Amazon Through Kartoon Channel With $30M Production Funding Deal In Place Kartoon Studios Strikes First Deal With AI Dubbing Platform Due to launch at the end of this year, the animated series is based on A.A. Milne's beloved children's properties, and material is due to include 200 six-minute shorts as well as a package of five-holiday specials. Michael Maliani is producer. We revealed a first look trailer earlier this year. The series incorporates a 'yarn-based animation style blending AI and hand-drawn characters and backgrounds'. Voice cast is being worked out now. The kids show will debut on the Kartoon Channel, which is distributed through Prime Video Channels. 'The opportunity to reimagine Winnie-the-Pooh for a new generation is truly an honor,' said Woolverton, who was most recently a producer on Netflix movie Spellbound and is a writer on Maleficent 3. 'These beloved stories hold a special place in so many hearts, including my own. I'm excited to craft fresh narratives that capture the warmth, charm, humor, and gentle wisdom, of the Hundred Acre Wood while introducing new layers of storytelling, celebrating the neurodiversity amidst these most special characters.' 'Bringing Winnie-the-Pooh to life in a fresh, visually enchanting way is an incredible honor,' added Rivoli. 'The Hundred Acre Wood is a world filled with warmth, nostalgia, and charm, and our unique animation style will create an immersive experience that resonates with both new audiences and lifelong fans of A.A. Milne.' 'In a world that can often feel overwhelming for children, Winnie-the-Poohremains an 'oasis of goodness,' commented Andy Heyward, CEO of Kartoon Studios. 'Our new interpretation stays true to A.A. Milne's vision while introducing fresh, heartfelt stories, highlighting the neurodiversity of Milne's beautiful characters. With Linda's creative brilliance and John's artistic vision, we are poised to create a defining new chapter in the legacy of Winnie-the-Pooh. It is a particular honor for me to work with Linda, whom I had the privilege to work with early in our careers when she was one of the incredibly talented writers of the animated Real Ghostbusters series I produced.' Best of Deadline 2025 TV Series Renewals: Photo Gallery How To Watch 'Wicked: Part One': Is The Film Streaming Yet? All The Songs In 'Severance' Season 2: From The Who To Ella Fitzgerald
