Grom Social's Top Draw Animation Inks $950k in Animation Production Assignments
February 02 2022 - 8:00AM
via NewMediaWire -- Grom Social Enterprises, Inc.
(NASDAQ: GROM) today announced its wholly-owned subsidiary,
Top-Draw Animation (TDA), has executed an agreement with an
international programming supplier that will generate an additional
$950,000 in business. The work, announced today by Top Draw’s
President, Russell Hicks, will further bolster animation production
to TDA’s bustling studio in Manila, the Philippines, where it
produces animated series, movies, specials and short-form content
on behalf of major international programming suppliers, studios and
networks.
Recognized throughout entertainment communities
for its premium production services, Top Draw has produced animated
content for over 20 years and was acquired by Grom in 2016. Top
Draw serves as a centerpiece of Grom’s offerings, which also
includes safe social media for kids, web filtering utilized in
school districts nationwide and original family entertainment
through Curiosity Ink Media. In 2021, Top Draw welcomed new
leadership with the addition of Hicks and Jared Wolfson, the
studio’s Executive Vice President.
“More and more, programmers rely on Top Draw to
produce their premium animated programming,” explains Hicks. “Our
entire team came into 2022 energized to deliver even more
one-of-a-kind animation content on behalf of all of our clients,
whose success depends upon showcasing entertainment that keeps
viewers engaged and coming back for more.”
About Grom Social Enterprises,
Inc.
Grom Social Enterprises, Inc. is a growing social
media platform and original content provider of entertainment for
children under 13 years of age, which provides safe and secure
digital environments for kids that can be monitored by their
parents or guardians. The Company has several operating
subsidiaries, including Grom Social, which delivers its content
through mobile and desktop environments (web portal and apps) that
entertain children, let them interact with friends, access relevant
news, and play proprietary games while teaching them about being
good digital citizens and Curiosity Ink Media, a global media
company that develops, acquires, builds, grows, and maximizes the
short, mid & long-term commercial potential of Kids &
Family entertainment properties and associated business
opportunities. The Company owns and operates Top Draw
Animation, which produces award-winning animation content for some
of the largest international media companies in the world. Grom
also includes Grom Educational Services, which provides web
filtering services for K-12 schools, government and private
businesses. For more information, please
visit gromsocial.com.
Forward-Looking Statements
This press release contains statements, which may
constitute “forward-looking statements.” Those statements include
statements regarding the intent, belief, or current expectations of
Grom and members of its management team as well as the assumptions
on which such statements are based. Such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important
factors currently known to management that may cause actual results
to differ from those anticipated are discussed throughout the
Company’s reports filed with Securities and Exchange Commission
which are available at www.sec.gov as well as the Company’s web
site at www.gromsocial.com. The Company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
For Grom Social Enterprises/Curiosity Ink
Media
Marianne Romano
+1-818-681-0849 Media.contact@gromsocial.com
For Investor Relations
John McNamara TraDigital IR
+1-917-658-2602 john@tradigitalir.com
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