Kartoon Channel! Appoints Former Senior Walt Disney Company Executive as Chief Revenue and Marketing Officer for Newly Announced KC! Kidaverse
January 20 2022 - 9:15AM
Genius Brands International (“Genius Brands”) (NASDAQ: GNUS) today
announced the appointment of Todd Steinman to the Kartoon Channel!
Executive Team as Chief Revenue and Marketing Officer of the
Company’s recently announced Kartoon Channel! Kidaverse.
Steinman is an esteemed growth marketing executive who most
recently served as Vice President in the Direct to Consumer and
International division at The Walt Disney Company, which included
Disney+ during its launch. He helped create solutions to leverage
the Walt Disney Company’s portfolio of linear and digital brands,
including DISNEY, HULU, ESPN, ABC, FREEFORM, FX, and Nat Geo, while
setting strategy for ad sales and revenue teams. Prior to his role
at The Walt Disney Company, Steinman co-founded the digital media
agency, M80, and then led the NBC Universal media team for WPP
after they acquired M80. He negotiated multi-million-dollar annual
media deals with Google/YouTube, Amazon, Hulu, Disney, Twitter,
Snapchat, Spotify, and others, while managing an annual budget
north of $1 billion.
Steinman will report to Jon Ollwerther, President of Kartoon
Channel! and KC! Kidaverse, who stated: “Todd has a history of
driving growth for the most important names in entertainment. With
the announcement of the KC! Kidaverse, and the acquisition of Ameba
TV, Kartoon Channel! has reached a new inflection point, and I
could not be more thrilled to welcome an executive of Todd’s
caliber to help drive our business to the next level.”
“There is an electric excitement about the Kartoon Channel! and
KC! Kidaverse in the kid’s and family market,” said Steinman, “It’s
a breakthrough concept, and I’m looking forward to bringing all my
expertise to help drive it forward.”
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 on Kartoon Channel!; Rainbow
Rangers on Kartoon Channel! and Netflix; 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 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, Pluto TV, Amazon Prime, Amazon Fire, Apple
TV, Apple iOS, Android TV, Android Mobil, Google Play,
Xumo, Roku, Tubi, YouTube, 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
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6a1213c9-9641-4989-a3cb-5dd0f97ccd2b
https://www.globenewswire.com/NewsRoom/AttachmentNg/62f14e83-e7fe-40ed-8bbb-618370b68591
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