Genius Brands International, Inc. (Nasdaq: GNUS),
today announced a new Spanish Language content service for
children,
¡KC! En Español, on its streaming
platform,
Kartoon Channel! This news follows
Kartoon Channel!’s Tuesday announcement that it is
now available on Pluto TV.
With ¡KC! En Español, Kartoon
Channel! expands its current platform to serve the LatinX
children’s community in North America. The new Spanish language
children’s program service will reside on the main Kartoon Channel!
platform, and function as a sub-brand of Kartoon Channel!, much
like the successful Kartoon Classroom!, which
premiered in September of 2020. The offering will launch with
Genius Brands’ hit, Rainbow Rangers, in addition to Thomas Edison’s
Secret Lab; Mi Perro Chocolo; YouTube hit, Spanish Tree TV; and
Stan Lee’s Mighty Seven.
“Not only is this the right entertainment and
cultural move for Kartoon Channel!, but it also makes good business
sense too,” said Jon Ollwerther, President of Kartoon Channel!
Today, 26% of kids in the U.S. under the age of five are of LatinX
heritage, a number that is only expected to grow.
Further, 83% of LatinX audiences are streamers, versus 73% of
non-LatinX audiences. Finally, digital ad-spend focused on the
LatinX audience in the United States has more than doubled from
2015 to 2020 and the market today is estimated at over $1.5
billion. We look forward to this becoming an important and growing
contributor to the business of Kartoon Channel!”
“Following the success of our educational
sub-brand, Kartoon Classroom!, ¡KC! En Español was the obvious next
step for us,” said Michael Riley, Genius Brands International’s
Chief Diversity Officer. “We’re proud to announce this new offering
during Hispanic Heritage Month and to better serve the LatinX
community, now in English and en Español!”
About Kartoon Channel!Available
everywhere and anywhere kids are today, Genius Brands
International’s digital network, Kartoon Channel! is a family
entertainment destination that delivers enduring childhood moments
of humor, adventure, and discovery.
Delivering 1000’s of episodes of carefully
curated free family-friendly content, the channel features animated
classics for little kids, including The Wubbulous World of Dr.
Seuss, Babar, Mello Dees, Super Simple Songs, and Baby Genius, as
well as hit content for bigger kids, such as Pac-Man, Angry Birds,
and Yu-Gi-Oh!, to original programming like Stan Lee’s Superhero
Kindergarten, starring Arnold Schwarzenegger, KC! Pop Quiz coming
soon, and Shaq’s Garage, starring Shaquille O’Neal for 2022.
Kartoon Channel! also offers STEM-based content through its Kartoon
Classroom!, including Baby Einstein, and more.
Kartoon Channel! delivers positive and
purposeful content across multiple platforms, including Comcast,
Cox, DISH, Sling TV, Amazon Prime, Amazon Fire, Apple TV, Android
TV, Android Mobile, Google Play, Xumo, Roku, Tubi, Samsung Smart
TVs, and LGTVs.
Kartoon Channel! can also be streamed on TVs and
mobiles device by downloading the app, or on desktops by visiting
www.kartoonchannel.com
About Genius Brands
InternationalGenius Brands International, Inc. (Nasdaq:
GNUS) is a leading global kids media company developing, producing,
marketing and licensing branded children’s entertainment properties
and consumer products for media and retail distribution. The
Company’s ‘content with a purpose’ portfolio includes Stan Lee’s
Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon
Channel!; Shaq’s Garage, starring Shaquille O’Neal, coming to
Kartoon Channel! in 2022; Rainbow Rangers on Kartoon Channel! and
Netflix; Llama Llama, starring Jennifer Garner, on Netflix;
award-winning toddler brand Baby Genius; adventure comedy STEM
series Thomas Edison's Secret Lab; and entrepreneurship series
Warren Buffett's Secret Millionaires Club. Through licensing
agreements with leading partners, characters from Genius Brands’ IP
also appear on a wide range of consumer products for the worldwide
retail marketplace. The Company’s new Kartoon Channel! and Kartoon
Classroom! are available in over 100 million U.S. television
households via a broad range of distribution platforms, including
Comcast, Cox, DISH, Sling TV, Amazon Prime, Amazon Fire, Apple TV,
Apple iOS, Android TV, Android Mobil, Google Play, Xumo, Roku,
Tubi, KartoonChannel.com, Samsung Smart TVs and LG TVs. For
additional information, please visit www.gnusbrands.com.
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. 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, our ability to generate revenue or
achieve profitability; our ability to obtain additional financing
on acceptable terms, if at all; the potential issuance of a
significant number of shares, which will dilute our equity holders;
fluctuations in the results of our operations from period to
period; general economic and financial conditions; our 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; our reliance on and
relationships with third-party production and animation studios;
our ability to market and advertise our products; our reliance on
third-parties to promote our products; our ability to keep pace
with technological advances; our ability to protect our
intellectual property and those other risk factors set forth in the
“Risk Factors” section of the Company’s most recent Annual Report
on Form 10-K 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@gnusbrands.com
INVESTOR RELATIONS CONTACT:
ir@gnusbrands.com
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