Genius Brands International Announces Stan Lee Content Collaboration With Marvel Studios
April 07 2021 - 10:38AM
InvestorsHub NewsWire
BEVERLY HILLS, Calif., March 30, 2021 --
InvestorsHub NewsWire -- Genius Brands
International, Inc. (Nasdaq:
GNUS) announced today a collaboration with Marvel Studios where
Marvel Studios has licensed from Genius Brands certain likeness
rights to Stan Lee in support of exciting future marketing content
celebrating the legacy of Marvel Studios. This initiative between
Genius Brands and Marvel Studios using the assets of Stan Lee is
the first collaboration between the companies. The companies are
also discussing ways to work together on other Stan Lee related
initiatives in the future.
Genius Brands, through "STAN LEE UNIVERSE", its
recently announced joint venture with POW! Entertainment, LLC,
controls the Stan Lee name, the animated and live Stan Lee
likeness, the Stan Lee signature, as well as the broad Stan Lee
brand/Stan Lee Presents, and a variety of Stan Lee properties
created post Marvel.
"The faithful protection of Stan's brand for the
millions of fans around the world, is a sacred stewardship for us
at Genius Brands," said Andy Heyward, Chairman and CEO of Genius.
"As we approach the Stan Lee Centennial in 2022 and focus on
celebrating the unique and iconic stature of Stan Lee, we are
thrilled to collaborate with Marvel Studios."
About Genius Brands International
Genius 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 Shaq's Garage, starring legendary
basketball star Shaquille O'Neal, and Stan Lee's Superhero
Kindergarten, starring Arnold Schwarzenegger, both 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 i0s, 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
Source: Genius Brands International, Inc.
Released March 30, 2021
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