Continuing its mission of providing family-friendly ‘content with a
purpose’ anytime, anywhere, Genius Brands International, Inc.
(“Genius Brands” or the “Company”) (Nasdaq: GNUS), a global brand
management company that creates and licenses multimedia
entertainment content for children, today announced the further
expansion of distribution for its Kartoon Channel! platform with
the launch of a linear streaming channel, also known as Free
Ad-Supported Streaming TV (FAST).
The new FAST channel provides scheduled programs
24 hours per day, seven days a week, in addition to the current
on-demand animated content available for free through Kartoon
Channel! The scheduled linear programming is featured prominently
on the Kartoon Channel! home page, as well as the Apple and Android
mobile and connected TV apps, and on Amazon Fire, Samsung Connected
TVs, LG Connected TVs, and Roku.
“Since we launched Kartoon Channel! less than a
year ago, we have consistently expanded distribution, now available
in over 100M U.S. television households, and we are continuing to
build the channel offering with this latest FAST channel launch to
both increase consumer and shareholder value,” commented
Jon Ollwerther, General Manager of Kartoon
Channel! & EVP of Global Business Development at Genius Brands.
“It might sound counterintuitive in an on-demand world, but FAST
channels, are one of the fastest growing technologies in the
streaming world because they help kids discover new content and
remove the sometimes overwhelming number content choices. As soon
as kids and families open the Kartoon Channel! App, they will be
viewing a carefully curated TV schedule, but this will not
interrupt the existing Kartoon Channel! on-demand experience.
Additionally, with the FAST channel, we also have the ability to
embed advertising as a new revenue stream and, like everything on
Kartoon Channel!, it will be safe for kids.”
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, and hit content for bigger kids, such as Pac-Man, Angry
Birds, Yu-Gi-Oh and Bakugan, to original programming like Stan
Lee’s Superhero Kindergarten, premiering in spring 2021 and
starring Arnold Schwarzenegger, KC! Pop Quiz coming in 2021, and
Shaq’s Garage, starring Shaquille O’Neal for 2022. Additionally,
the channel launched in March 2021 ‘Family Friendly Fun Nights,’
featuring hit Scooby-Doo! animated features and more! Kartoon
Channel! also offers STEM-based content through its Kartoon
Classroom!, including Baby Einstein, Lil Doc, Counting with Earl
and More. Look for the Kartoon Channel! on 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.
To stream or download the app for Kartoon Channel!, click
here
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, for Kartoon Channel!; 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.
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/575456e6-79bd-40d7-87b3-0fdeb497b33c
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