Genius Brands International “Genius Brands” (NASDAQ: GNUS)
continues the rapid expansion of its premiere children’s
entertainment destination,
Kartoon
Channel!,
partnering with its second television manufacturer, LG Electronics
USA, to offer Kartoon Channel! for free across all LG Smart TVs,
effective immediately. The deal with LG Electronics USA follows the
recent partnership with Samsung, which has made Kartoon Channel!
available across all Samsung Smart TVs.
“Serving up Kartoon Channel! to kids and parents
through new technology-enabled mediums is an important part of our
strategy,” commented Jon Ollwerther, General Manager of
Kartoon Channel! & EVP of Global Business Development at Genius
Brands. “We look forward to announcing a number of similar
agreements over the next twelve months. Through this strategy, we
are capitalizing on the evolution in viewer habits, which we
believe will position us at the forefront of this rapidly evolving
market. As the second largest player in the US TV market, LG is a
very important platform for Kartoon Channel! viewers that we’re
thrilled to add to our distribution.”
About Kartoon Channel!
+ Kartoon Classroom!Kartoon Channel! and Kartoon
Classroom! are available in over 100 million U.S. television
households and over 300 million devices via a broad range of
distribution platforms, including Comcast, Cox, DISH, Sling
TV, Amazon Prime, Amazon Fire, Apple TV, Apple
iOS, Android TV, Android Mobile, Google Play,
Xumo, Roku, Tubi, and streaming via KartoonChannel.com,
as well as accessible via Samsung Smart TVs, and now LGTVs.
The channel offers access to a wide variety
of Genius Brands original and acquired family-friendly content,
with more added daily, including Babar, Angry Birds, Stan
Lee’s Mighty7, Thomas Edison’s Secret Lab, Baby Einstein, Baby
Genius, Llama Llama shorts, Warren Buffett’s Secret Millionaires
Club, and more. Additionally, Genius
Brands has added more family-friendly gaming
content, including Minecraft’s Journey to the
End and Fairy Horse Quest, Octodad, PixArk,
and Big B Roblox Challenge from Tankee. Genius
Brands will also premiere on Kartoon Channel! the
upcoming comedy-adventure series, Stan Lee’s Superhero
Kindergarten, currently in production and starring Arnold
Schwarzenegger, in Q2 2021.
Kartoon Channel! content has been curated
through a program code developed in consultation with Stanford
University Professor Emeritus Don Roberts, one of the world’s
leading researchers of children’s media, to ensure the delivery of
positive and purposeful content that is safe for children. The
Kartoon Channel! Content Code, under the leadership of Professor
Roberts, ensures among other things, there will be no imitable
violence, no negative stereotypes, no inappropriate language, no
degradation of the environment, and no excess
commercialization.
Kartoon Classroom! is an innovative extension of
Kartoon Channel! that features relevant and impactful STEAM-based
content (science, technology, engineering arts and math), including
programming from Genius Brands’ ‘content with a purpose’ library
such as Baby Genius (Early Development), Thomas Edison’s
Secret Lab (STEM), and Warren Buffett’s Secret
Millionaires Club (Financial Literacy). Additionally, Kartoon
Classroom! will showcase content from third party creators
worldwide, such as Baby Einstein (Early Development),
Little Smart Planet (Early Learning), I’m A
Dinosaur (Paleontology), Super Geek Heroes (Early
Learning), Counting with
Earl (Math), Giligilis (Musical Learning),
and Out of this Word (English Language). Genius
Brands will also develop new original content for the platform and
announces the first Kartoon Classroom! original series in
development, KC! Pop Quiz.
To stream Kartoon Channel! and Kartoon
Classroom! for free, download our app or visit:
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 award-winning ‘content with a purpose’ portfolio includes
the upcoming Stan Lee’s Superhero Kindergarten, starring Arnold
Schwarzenegger and in partnership with Alibaba; Shaq’s Garage,
starring Shaquille O'Neal; Rainbow Rangers for Nick Jr.; Llama
Llama, starring Jennifer Garner, for 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.
About LG Electronics USALG
Electronics USA, Inc., based in Englewood Cliffs, N.J.,
is the North American subsidiary of LG Electronics, Inc.,
a $53 billion global innovator in technology and
manufacturing. In the United States, LG’s focus on Innovation for a
Better Life is exemplified by a wide range of innovative home
appliances, home entertainment products, mobile phones, commercial
displays, air conditioning systems, solar energy solutions and
vehicle components. The “Life’s Good” marketing theme encompasses
how LG is dedicated to people’s happiness by exceeding expectations
today and tomorrow. LG is a 2020 ENERGY STAR® Partner of the
Year-Sustained Excellence. www.LG.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; our ability to repay our
outstanding debt; the potential issuance of a significant number of
shares to our convertible note holders 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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/59b2e068-d43a-4fec-ac67-8d8de441c7b4
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