TOON reported revenue of $10.1 million and $35.3 million, for the three and nine months ended September 30, 2023
Kartoon Channel! U.S. Paid Subscribers Increased in 2023, with New Trials More Than Doubling in Q4
Kartoon Channel! Anticipates First Ever Break-Even EBITDA in Fourth Quarter of 2023, a First Since Its Launch
New CFO Brian Parisi Brings Strong Track Record from the NFL and Live Nation, Focused on Value Creation, as well as Growing Revenues and Driving Sustainable Earnings
Kartoon Channel!’s Apple App Store User Rating Beats All Major Competitors, Including Netflix, Disney+, Cartoon Network, and Nickelodeon
____________________________________________________
Hello Everyone,
We have another profile on deck for Tuesdays session.
When we profiled this one a few months back it opened at 1.28 and then exploded the next session all the way up to 1.90.
This one generated over $62M in revenues in 2022 and released some impressive numbers thus far for 2023.
Pull up TOON immediately.
TOON achieved record revenue, increased its paid subscribers, expanded its international market coverage and reached break-even EBITDA in the fourth quarter of 2023.
Kartoon Channel! has steadily grown to become a pre-eminent children’s entertainment destination that delivers thousands of episodes of carefully curated, and family-friendly content. In 2023, paid subscribers increased 19% over 2022, in contrast to a number of streaming services that have been experiencing declines. Importantly, free trials, a leading indicator for future growth, more than doubled in Q4 2023 compared to the same period in 2022.
Kartoon Studios’ streaming business recently hit break-even for the latest quarter, a notable accomplishment among streaming services, many of which have struggled with losses. In addition, the Company has successfully reduced its customer acquisition costs by 50% from the first half to the second half of 2023, driving bigger margins through improved media efficiency and a successful content strategy.
Kartoon Channel! has firmly established itself as a top-tier entertainment destination for children, featuring content such as Stan Lee’s Superhero Kindergarten, Rainbow Rangers, Peppa Pig Shorts, Barney, Kidaverse Roblox Rumble, Llama Llama, Super Simple Songs, Melodee’s, Finny the Shark, Angry Birds, Yu-Gi-Oh! and more. The service has reached nearly 100% penetration of U.S. television households and is available across a broad range of platforms, including iOS, Android Mobile, Web, Amazon Prime Video, Apple TV, Android TV, Amazon Fire, Roku, Tubi, Pluto TV, Xumo, Comcast, Cox, Dish, Sling TV, Samsung and LG Smart TVs.
ANALYST COVERAGE:
Dawn James analyst James McIlree’s bullish $10 target for Kartoon Studios Inc. (NYSE: TOON) suggests an astonishing 941% upside potential from the company’s 52-week low and over 706% in potential upside from its recent $1.24 opening on 2/8/2024 according to Barchart.com. (1)(3)
EXPLOSIVE GROWTH POTENTIAL:
On the brink of a content revolution in 2024, Kartoon Studios Inc. (NYSE: TOON) is poised to flood the market with a diverse array of captivating storytelling and vibrant animation. With a strategic focus on revenue enhancement and operational optimization, the company is primed to unlock unprecedented growth opportunities. (2)
BREAKTHROUGH STREAMING SUCCESS:
Kartoon Channel!, the company’s streaming network, achieved a groundbreaking milestone in 2023 by reaching breakeven just three years after its launch. (2)
DIVERSE PORTFOLIO OF INTELLECTUAL PROPERTIES
Boasting an impressive lineup, Kartoon Studios Inc. (NYSE: TOON) has original IPs, ranging from legendary Stan Lee Universe creations to adventurous narratives like Blue Origin Space Rangers and the quirky Chikn’ Nuggit. With collaborations with industry titans like Netflix, Disney Channel, and Frederator Networks, Kartoon Studios offers market observers exposure to a diverse array of storytelling treasures poised for global distribution. (2)
VISIONARY LEADERSHIP
With Gregg Goldin at the helm of content expansion as Senior Vice President of Development & Production, Kartoon Studios Inc. (NYSE: TOON) is poised to enter a new era of creative dynamism. Goldin’s unparalleled expertise and visionary leadership, honed through decades of experience at DreamWorks Animation, Cartoon Network, and MTV, position him as a driving force behind Kartoon Studios’ content renaissance. His track record of nurturing successful franchises and forging strategic partnerships underscores the company’s potential for delivering blockbuster results. (2)
_________________________
In the ever-evolving landscape of children’s entertainment, Kartoon Studios Inc. (NYSE: TOON) emerges as a shining beacon of creativity and innovation. With a diverse portfolio of animated properties and a strategic focus on global distribution, Kartoon Studios is poised to captivate audiences worldwide while delivering substantial research opportunities to market observers.
Analyst James McIlree, CFA of Dawson James Securities, recently set a $10 target on Kartoon Studios, suggesting an impressive 969% upside potential from the company’s 52-week low of $.9346, set on 10/31/2024, according to Barchart.com. (1)(3)
Additionally, with its recent opening on 2/8/2024 at $1.24, the $10 target implies a remarkable 706% potential upside. This optimistic projection underscores the company’s transformative journey and its promising outlook for future growth and profitability. (1)(3)
Expanding Horizons with Shaq’s Garage (1)
One of Kartoon Studios’ standout offerings is “Shaq’s Garage,” an animated series starring none other than basketball legend Shaquille O’Neal. (1)
Launched in June on Pluto TV, “Shaq’s Garage” exceeded expectations, driving significant audience engagement and surpassing viewership numbers of all other Kartoon Channel titles combined. (1)
The availability of “Shaq’s Garage” across all Kartoon Channel platforms further solidifies its status as a cornerstone of the company’s content lineup, poised to drive higher revenue in the second half of the year. (1)
Strategic Acquisitions and Investments (1)
Kartoon Studios has undergone a remarkable transformation over the past 12 months, positioning itself as a global developer, producer, and distributor of animated children’s content.
Key acquisitions, including WOW Unlimited and Ameba TV, along with an investment in Your Family Entertainment AG (YFE), have significantly enhanced the company’s content creation capabilities and global distribution reach. (1)
With access to independently created content from WOW’s YouTube multi-channel network and YFE’s extensive distribution network spanning Europe, Asia, Latin America, Africa, and Australia, Kartoon Studios is well-positioned to reach audiences across the globe. (1)
Financial Strength and Strategic Initiatives (1)
Kartoon Studios Inc. (NYSE: TOON) reported revenue of $10.1 million and $35.3 million, for the three and nine months ended September 30, 2023. As of September 30, 2023, Kartoon Studios had current assets of $61.4 million, working capital of $11.8 million, and total stockholders’ equity of $74 million. (8)
Valuation and Growth Potential (1)
McIlree’s $10 price target for Kartoon Studios is based on a comparable group of entertainment companies trading at 3x to 5x sales. Utilizing a conservative 4.5x sales multiple and a Q4 2024 run rate revenue estimate of $72 Mln, the target price reflects the company’s immense potential and compelling valuation. (1)
A Global Force in Children’s Entertainment
Kartoon Studios Inc. (NYSE: TOON) stands out as a unique and dynamic player in the entertainment industry, with a global distribution reach and a rich portfolio of beloved animated properties. (1)
With Shaq’s Garage leading the charge and a robust pipeline of content on the horizon, Kartoon Studios is poised to redefine the future of children’s entertainment for years to come. (1)
Global Animation Market Predicted to Skyrocket to $779B(4)
Chart Source (4)
The global animation market is on a trajectory of unprecedented growth, with estimates projecting it to surpass a staggering $779B by the year 2032. (4)
A recent research report delving into the realm of the “Kids Animation Show and Drama Market” offers a glimpse into this booming industry, providing insightful perspectives and future market projections. (5)
Surprisingly, within a mere four years, the global market for Kids Animation Show and Drama is expected to skyrocket to $8.3B by 2028, underscoring the rapid pace of expansion within this sector. (5)
Driving Forces Behind Market Expansion
A pivotal driver propelling the growth of the animation industry is the relentless surge in technological advancements within the realms of communication and technology. (4)
The emergence of revolutionary technologies such as virtual reality (VR) and artificial intelligence (AI) is poised to unlock new avenues of opportunity for market players worldwide. (4)
Extended Reality (XR) technologies, including VR and AI, are witnessing remarkable advancements, revolutionizing the creative landscape of the animation industry. (4)
The transformative potential of AI is set to redefine industrial growth, offering a myriad of opportunities for key players operating within the market. (4)
Additionally, the rising adoption of visual effects technology in movies further augments the growth trajectory of the industry, promising substantial expansion though 2032.(4)
Strategic Partnerships: Catalysts for Market Growth (4)
A notable trend observed within the global market is the proliferation of strategic partnerships among major industry players.
This collaborative approach is anticipated to persist and serve as a significant catalyst for market expansion in the foreseeable future, fostering innovation and driving growth across the sector. (4)
Amidst the backdrop of this dynamic market landscape, Kartoon Studios Inc. (NYSE: TOON) emerges as one company to keep a close eye on. (6)
Kartoon Studios Inc. (NYSE: TOON), a leading global media company, specializes in developing, producing, marketing, and licensing branded animated properties and consumer products for media and retail distribution. (6)
A Diverse Portfolio of Family-Friendly Content
Kartoon Studios Inc. (NYSE: TOON) boasts an impressive IP portfolio, featuring a plethora of family-friendly content that resonates with audiences worldwide. (6)
From the iconic Stan Lee brand and “Stan Lee’s Superhero Kindergarten” starring Arnold Schwarzenegger to the eagerly anticipated “Shaq’s Garage” featuring basketball legend Shaquille O’Neal, Kartoon Studios offers a rich tapestry of animated entertainment.
Notable productions include “Rainbow Rangers” on Kartoon Channel and Netflix, as well as “Llama Llama” starring Jennifer Garner, also on Netflix. (6)
Strategic Acquisitions and Global Distribution Reach
In a strategic move to bolster its market presence, Kartoon Studios Inc. (NYSE: TOON) entered into an agreement to acquire Canada’s WOW! Unlimited Media, adding over 2,000 channels under the Channel Frederator Network to its repertoire. (6)
Additionally, the company made a strategic investment in Germany’s Your Family Entertainment AG, further expanding its reach in Europe. (6)
Kartoon Studios’ Toon Media Networks, comprising Kartoon Channel!, Frederator Network, and Ameba, constitutes a globally distributed entertainment platform with extensive penetration in the U.S. television market and a burgeoning international presence across 60 territories worldwide. (6)
Under Kartoon Studios’ umbrella, Frederator Network reigns as the largest global animation network on YouTube, boasting over 2,000 exclusive creators and influencers.
With billions of views garnered every month, Frederator Network serves as a testament to Kartoon Studios’ commitment to fostering creativity and nurturing talent in the animation community.
Kartoon Studios Inc. (NYSE: TOON) Sets Sails for a Banner Year with a Content Tsunami in 2024 (2)
Kartoon Studios Inc. (NYSE: TOON) is poised to unleash a wave of content in 2024, signaling an ambitious leap forward in its mission to captivate audiences with imaginative storytelling and vibrant animation.
With a strategic focus on boosting revenue and optimizing operations, the company is charting a course towards sustained profitability, buoyed by the resounding success of its streaming network, Kartoon Channel! (2)
Chief Financial Officer, Brian Parisi, underscores the pivotal role of revenue-driving initiatives and operational efficiency in steering Kartoon Studios towards profitability. (2)
The company’s streaming service, Kartoon Channel!, achieved a breakthrough in 2023 by reaching breakeven, a remarkable feat within just three years of its launch. (2)
As Kartoon Channel! continues its ascent, dominating user rankings in the Apple app store among children’s content platforms, the stage is set for further financial milestones in 2024, aligning the company’s trajectory with industry giants like Netflix. (2)
At the helm of Kartoon Studios Inc. (NYSE: TOON)’s content expansion is Gregg Goldin, a luminary in animation and content development. (2)
Goldin’s illustrious career boasts stints at DreamWorks Animation, Cartoon Network, and MTV, where he played instrumental roles in shepherding iconic franchises and groundbreaking series to fruition. (2)
His appointment as Senior Vice President of Development & Production heralds a new era of creative dynamism for Kartoon Studios, infused with his wealth of experience and visionary leadership.(2)
Goldin’s arrival coincides with an exciting lineup of projects poised to captivate audiences worldwide. (2)
From original IPs sourced from the legendary Stan Lee Universe to adventurous narratives like Blue Origin Space Rangers and the quirky Chikn’ Nuggit, Kartoon Studios is primed to unleash a diverse array of storytelling treasures. (2)
Collaborations with industry titans such as Netflix, Disney Channel, and Frederator Networks underscore the company’s commitment to delivering premium content across multiple platforms.
Andy Heyward, Chairman & CEO of Kartoon Studios, expresses his enthusiasm for the forthcoming wave of creative endeavors, highlighting Goldin’s invaluable contributions in fortifying the company’s content arsenal. (2)
With Goldin spearheading development and production efforts, Kartoon Studios aims to cultivate a rich tapestry of intellectual properties poised for global distribution, mirroring Goldin’s previous successes in shepherding blockbuster franchises to fruition.(2)
Goldin’s track record of nurturing successful series and movies at DreamWorks Animation and Cartoon Network positions him as a pivotal architect in Kartoon Studios’ content renaissance. His adeptness in fostering partnerships and driving innovation underscores his instrumental role in propelling Kartoon Studios towards unprecedented heights of creative excellence and commercial success.(2)
In the rapidly evolving landscape of children’s entertainment, Kartoon Studios Inc. (NYSE: TOON) stands out as a beacon of creativity and innovation. With an expanding portfolio of original IPs, strategic partnerships, and a growing streaming platform, the company is poised to captivate audiences of all ages, reaffirming its position as a global leader in positive entertainment for children.
As Kartoon Studios Inc. (NYSE: TOON) embarks on its journey into 2024 and beyond, the stage is set for a symphony of storytelling brilliance, orchestrated by the industry’s finest talents and fueled by an unwavering commitment to delight, inspire, and entertain audiences around the world.
NEWS
Kartoon Studios’ Kids Media and Marketing Agency, Beacon Media Group, Grows Revenues, Client Base, and Delivers Successful Campaign Results in 2023
Feb 13, 2024
Kartoon Channel! Achieves Record Revenue, Subscriber Growth, and Global Coverage
Feb 13, 2024
Kartoon Studios CEO Andy Heyward and CFO Brian Parisi to Participate in the Benzinga All Access Event on February 13th at 11AM Eastern Time
Feb 12, 2024
Kartoon Studios and Penguin Young Readers Launch New “Llama Llama” Merchandise Retail Promotional and Charitable Program at Kohl’s
Feb 12, 2024
Kartoon Studios Announces Significant Increase in Content Production Planned for 2024
Jan 22, 2024
Kartoon Studios Provides Business Update for the Third Quarter of 2023
Nov 17, 2023
Kartoon Channel!’s Hit Series, “Shaq’s Garage,” Starring Shaquille O’Neal, Launches on Youtube and Tubi
Oct 19, 2023
Kartoon Studios Appoints Entertainment, Media and High-Tech Industry Executive, Brian Parisi, as Chief Financial Officer
Sep 27, 2023
Kartoon Studios Creates Limited-Edition Digital Artwork Commemorating Transition to the New York Stock Exchange
Aug 15, 2023
Kartoon Studios Provides Business Update for the Second Quarter of 2023
Aug 14, 2023
Kartoon Studios’ Kids and Family Streaming Business Records Rapid Growth
Aug 2, 2023
Kartoon Studios Celebrates 10th Anniversary of Its Netflix Hit and Growing Global Consumer Products Phenom, “Bee and PuppyCat”
Jul 31, 2023
Kartoon Studios Enters Malaysian Market with Kartoon Channel! Branded Block on Astro in August 2023
Jul 25, 2023
Kartoon Studios Through Its Controlling Interest in Stan Lee Universe Partners With Digital Leader, VeVe, for Stan Lee Digital Collectibles, Launched on July 18th
Jul 24, 2023
Kartoon Studios Announces Kartoon Films
Jul 13, 2023
Kartoon Studios Announces ‘Stan Lee Comics’, Based on Never-Before-Released Stories and Characters Created by Stan Lee
Jul 11, 2023
Kartoon Studios’ Premiere of Shaq’s Garage, Starring Shaquille O’Neal, Outperforms During June Exclusive on Pluto TV
Jul 10, 2023
Kartoon Studios Announces the World Premiere Of “Excelsior! The Life and Legacy of Stan Lee” Exhibition
Jun 27, 2023
Kartoon Studios Chairman & CEO to Appear Live on The Claman Countdown on Fox Business Network Today
Jun 26, 2023
Kartoon Studios Transfers Listing to NYSE American – Begins Trading Under New Ticker Symbol ‘TOON’
Jun 26, 2023
MANAGEMENT TEAM
Andy Heyward
Chairman & Chief Executive Officer
Emmy Award-winning Andy Heyward has made more episodes of kid’s television than any other producer. After graduating from UCLA with a Bachelor of Arts degree in Philosophy in 1975, he joined Hanna-Barbera as a writer and story editor. During his five years with Hanna-Barbera, he was involved in the development and writing of numerous series including Scooby Doo, Flintstones, Jetsons, Smurfs, Yogi Bear and Scooby’s All Star Laff-A-Lympics. In 1980 he moved to France where he joined DIC Audiovisual, a production company specializing in children’s animated programming. In 1982, he co-created Inspector Gadget and during the following years he has produced over 5,000 episodes of award-winning children’s programs, most of which shows and brands are household names, including Inspector Gadget, The Real Ghostbusters, Alvin and the Chipmunks, G.I. Joe, Hello Kitty, Sonic the Hedgehog, Super Mario Bros, Sabrina the Teenage Witch, Strawberry Shortcake, Care Bears, Captain Planet, Teddy Ruxpin, Sailor Moon, Madeline, Where on Earth is Carmen Sandiego, Liberty’s Kids, and dozens more. In 1994, he convened the National PTA, National Education Association, UCLA and producers from throughout the industry to draft the first voluntary set of program guidelines for children’s television. In 1996, he hosted the first meeting between then FCC Chairman Reed Hundt and children’s television producers.
Today under Kartoon Studios, Heyward produces and licenses brands ranging from Stan Lee Universe, to Baby Genius, to Warren Buffett’s Secret Millionaires Club, to Thomas Edison’s Secret Lab, to SpacePop for the global market. He has also been the largest producer of FCC mandated educational informational programming for children, and has produced hundreds of PSAs promoting child safety, health, exercise, and nutrition. In collaboration with Warren Buffett, he produces the short film which opens the annual Berkshire Hathaway Shareholders meeting, and he co-authored a book with Warren Buffett promoting financial literacy for kids. Heyward is also the author of Go Go Gadget – The Creation of Inspector Gadget.
Andy’s notable work in children’s programming has earned him multiple industry awards, and his charitable efforts off-screen have resulted in numerous recognitions. Some of his awards include two Emmys, nine Emmy nominations, two Humanitas Awards, two Cable Ace Awards, five Golden Reel Awards, three Environmental Media Awards, a New York Television Festival Award and a National Education Association Award, among others. He was inducted into the KidScreen Hall of Fame, and won the Studio of the Year at Italy’s Cartoons on the Bay International Festival of Television Animation in 2006 (co-awarded to Roy Disney).
Heyward is a member of the Producers Guild of America, the National Academy of Television Arts and Sciences, the International Academy of Television Arts and Sciences, and the British Academy of Film and Television Arts (BAFTA). He was the 2010 UCLA College of Humanities Commencement speaker and is currently a Mentor in the UCLA mentoring program. He is active in many community activities, including serving on the Board of Directors of Cedars-Sinai Medical Center.
Margaret Loesch
Executive Chairman Kartoon Channel!
Throughout her formidable career, Margaret Loesch has held senior roles with numerous leading companies as both a creative and business executive. In 1990, she became the founding President and CEO of Fox Kids Networks Worldwide, growing the channels across all metrics, where it was eventually sold to the Walt Disney Company for $5.5 billion. During this time, she launched a multitude of hit series, including the billion-dollar brand Power Rangers, growing Fox Kids into the top children’s program service on television.
Prior to Fox Kids, Loesch served as President & CEO of Marvel Productions. Previously, she was President of The Jim Henson Company, and the Founding President & CEO of the U.S. Hallmark Channel and Crown Media U.S. Most recently, Loesch served as President of the HUB, which was a joint venture between Hasbro Toys and Discovery Communications, where she had oversight of all business and creative areas of the network. In addition to Power Rangers, her resume includes launching some of the most successful animated children’s properties in the world, such as Batman, Spider-Man, Steven Spielberg’s Animaniacs, Transformers, My Little Pony, X-Men, Muppet Babies, and Fraggle Rock.
Michael Jaffa
Chief Operating Officer
Michael Jaffa served as Head of Business Affairs at DreamWorks Animation Television and was responsible for all studio business and legal affairs matters, including the negotiation and drafting of hundreds of development, production, acquisition, talent, digital and music agreements. Previously, he was the Vice President of Legal & Business Affairs for Hasbro Studios, working directly with Hasbro Studios’ President, CFO, and General Manager to help create programs and launch strategy for a new studio and related network. Michael has also represented various clients, including Sony Pictures Animation and MGM Studios. Michael received a J.D. from New York University School of Law.
Brian Parisi
Chief Financial Officer
Mr. Parisi brings 30 years of experience across the entertainment, media, and high-tech industries, specializing in finance, accounting, M&A, corporate strategy, and business development. Before joining Kartoon Studios, he was the Chief Financial Officer at Break the Floor Productions in Hollywood, California, an entertainment production company. In this role, he notably prepared the company for sale, successfully completing two separate transactions with PE firms. He managed all finance and accounting functions and effectively reduced the company’s overall risk exposure. Previously, Mr. Parisi served as the Chief Financial Officer at the NFL Hall of Fame Village (HOFV), where he oversaw a wide range of financial activities including managing construction budgets, assist the company with its IPO, financial reporting, and cash management for the nearly $1 billion investment in a newly designed entertainment complex in Canton, Ohio. In addition, he served as the Head of Finance for the Festivals Division at Live Nation Entertainment (LYV) where he was responsible for developing strategic plans for Electronic Dance Music festivals in multiple countries with more than 1.3 million fans annually. Mr. Parisi has also held leadership positions at Warner Bros. Entertainment (WBD) and NBC Universal (CMCSA).
Mr. Parisi is a CPA and holds a B.S. in Accounting from Purdue University, Daniel School of Business, and an M.B.A in Strategic Management from the University of Southern California, Marshall School of Business.
Jon Ollwerther
Executive Vice President
Ollwerther joins Kartoon Studios from Measure, the nation’s leading Drone as a Service® company. As Vice President of Media, Ollwerther grew the Arts & Entertainment division from its inception and worked with leading media companies and advertisers like ABC, CBS, ESPN, Red Bull Media House, Coach, Prada, Maker’s Mark, and Nissan.
As a trailblazer in an emerging industry, Ollwerther focused on leveraging drones as a tool for artistic expression and informational use, including major franchise films to live concerts and events. Among other accomplishments, he pioneered live broadcasting via drone for news and sports and spearheaded the first live drone network broadcasts in America, and helped bring drone light shows to life. Working with clients across the country and around the world, Ollwerther has an extensive credit list of collaborations with brands and advertising agencies to create unforgettable experiences. Prior to joining Measure, Ollwerther was the COO of an aerial robotics company based in NYC.
Lloyd Mintz
Senior Vice President, Head of Worldwide Consumer Products
Lloyd Mintz is a seasoned industry executive with more than 20 years of experience in licensing, merchandising and new business development and is widely respected for his expertise in leveraging brand equity through licensing. He works with retailers and licensees to build comprehensive global consumer products’ programs for each of the company’s brands. Prior to Kartoon Studios, Lloyd managed his own consultancy during which time he negotiated more than 150 licensing agreements and generated over $700MM in cumulative retail sales on behalf of clients across a range of brand owners and manufacturers. Most recently, he worked as Executive Vice President of Licensing for NYC-based Galaxy Brands that owned the AND1 and AVIA athletic brands. Previously, Lloyd worked at Hasbro, Inc. as the Vice President of Domestic Corporate Licensing where he pioneered the effort to license Hasbro’s classic game brands, such as Monopoly, to slot machine manufacturers. He began his licensing industry career at Disney Consumer Products where he oversaw Disney’s largest licensee, Mattel, Inc., and their development of toy programs for classic properties such as Lion King, Winnie the Pooh, and Aladdin. Lloyd graduated from Wesleyan University and earned his M.B.A. from UCLA’s Anderson School of Management.
Gregg Goldin
Senior Vice President, Development & Production
Goldin joins Kartoon Studios with over twenty years of experience in animation and live-action content development and production, overseeing highly successful movies and series across multiple genres, including DreamWorks Animation’s blockbuster franchises How to Train Your Dragon, Kung Fu Panda, and Fast & Furious. In this new role, Goldin will be responsible for heading up development and production for both new and original IP to deliver to the marketplace.
Cindy Kelly
President of Beacon Media Group
Kelly joins Kartoon Studios with over 25 years of experience in executive sales and sponsorship roles at leading media companies, including extensive children’s media sales at Cartoon Network. She also served as Broadcast Account Supervisor at Ogilvy & Mather Advertising in NYC, overseeing media strategy for blue chip accounts, including, Mattel Toys, Campbell’s Soup and Paramount Pictures.
Todd Steinman
President of Toon Media Networks
Todd Steinman is an accomplished growth marketing executive who with extensive B2B and B2C experience. Prior to joining Kartoon Studios, Steinman 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.
Paul Robinson
President of Kartoon Channel! Worldwide
Paul Robinson is an accomplished and seasoned media executive with significant experience developing media brands around the globe. Robinson previously served as Managing Director of Disney Channel Worldwide, where he was responsible for global programming and production strategy. He also founded the Toon Disney and Playhouse Disney television channels internationally. Before his tenure at The Walt Disney Company, Robinson was Head of Strategy for the BBC Newtork Radio, overseeing the strategy development for BBC Radios 1, 2, 3, 4, and 5 Live. Additionally, he has served as Managing Director of talkSPORT; Co-Founder and CEO of KidsCO, NBCUniversal’s international children’s channel; and Executive Vice President of Your Family Entertainment AG, in which Kartoon Studios recently acquired a controlling stake.
ENTS OF HISTORICAL FACT, AND MAY BE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES, AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED THROUGH USE OF WORDS SUCH AS PROJECTS, FORESEES, EXPECTS, ANTICIPATES, ESTIMATES, BELIEVES, UNDERSTANDS, MAY, COULD, OR MIGHT. THERE IS NO GUARANTEE THAT PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS.
SINCERELY,
DISCLAIMER
THIS WEBSITE/NEWSLETTER IS OWNED SUBSIDIARY BY DEDICATED INVESTORS, LLC.
OUR REPORTS/RELEASES ARE A COMMERCIAL ADVERTISEMENT AND ARE FOR GENERAL INFORMATION PURPOSES ONLY. WE ARE ENGAGED IN THE BUSINESS OF MARKETING AND ADVERTISING COMPANIES FOR MONETARY COMPENSATION. WE HAVE BEEN COMPENSATED A FEE OF TEN THOUSAND USD BY TD MEDIA LLC FOR A ONE DAY TOON AWARENESS CAMPAIGN. NEVER INVEST IN ANY STOCK FEATURED ON OUR SITE OR EMAILS UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. THE DISCLAIMER IS TO BE READ AND FULLY UNDERSTOOD BEFORE USING OUR SERVICES, JOINING OUR SITE OR OUR EMAIL/BLOG LIST AS WELL AS ANY SOCIAL NETWORKING PLATFORMS WE MAY USE.PLEASE NOTE WELL: DEDICATED INVESTORS LLC AND ITS EMPLOYEES ARE NOT A REGISTERED INVESTMENT ADVISOR, BROKER DEALER OR A MEMBER OF ANY ASSOCIATION FOR OTHER RESEARCH PROVIDERS IN ANY JURISDICTION WHATSOEVER.RELEASE OF LIABILITY: THROUGH USE OF THIS WEBSITE VIEWING OR USING YOU AGREE TO HOLD DEDICATED INVESTORS LLC, ITS OPERATORS OWNERS AND EMPLOYEES HARMLESS AND TO COMPLETELY RELEASE THEM FROM ANY AND ALL LIABILITY DUE TO ANY AND ALL LOSS (MONETARY OR OTHERWISE), DAMAGE (MONETARY OR OTHERWISE), OR INJURY (MONETARY OR OTHERWISE) THAT YOU MAY INCUR. THE INFORMATION CONTAINED HEREIN IS BASED ON SOURCES WHICH WE BELIEVE TO BE RELIABLE BUT IS NOT GUARANTEED BY US AS BEING ACCURATE AND DOES NOT PURPORT TO BE A COMPLETE STATEMENT OR SUMMARY OF THE AVAILABLE DATA. DEDICATED INVESTORS LLC ENCOURAGES READERS AND INVESTORS TO SUPPLEMENT THE INFORMATION IN THESE REPORTS WITH INDEPENDENT RESEARCH AND OTHER PROFESSIONAL ADVICE. ALL INFORMATION ON FEATURED COMPANIES IS PROVIDED BY THE COMPANIES PROFILED, OR IS AVAILABLE FROM PUBLIC SOURCES AND DEDICATED INVESTORS LLC MAKES NO REPRESENTATIONS, WARRANTIES OR GUARANTEES AS TO THE ACCURACY OR COMPLETENESS OF THE DISCLOSURE BY THE PROFILED COMPANIES. NONE OF THE MATERIALS OR ADVERTISEMENTS HEREIN CONSTITUTE OFFERS OR SOLICITATIONS TO PURCHASE OR SELL SECURITIES OF THE COMPANIES PROFILED HEREIN AND ANY DECISION TO INVEST IN ANY SUCH COMPANY OR OTHER FINANCIAL DECISIONS SHOULD NOT BE MADE BASED UPON THE INFORMATION PROVIDED HEREIN. INSTEAD DEDICATED INVESTORS LLC STRONGLY URGES YOU CONDUCT A COMPLETE AND INDEPENDENT INVESTIGATION OF THE RESPECTIVE COMPANIES AND CONSIDERATION OF ALL PERTINENT RISKS. READERS ARE ADVISED TO REVIEW SEC PERIODIC REPORTS: FORMS 10-Q, 10K, FORM 8-K, INSIDER REPORTS, FORMS 3, 4, 5 SCHEDULE 13D.DEDICATED INVESTORS LLC IS COMPLIANT WITH THE CAN SPAM ACT OF 2003. DEDICATED INVESTORS LLC DOES NOT OFFER SUCH ADVICE OR ANALYSIS, AND DEDICATED INVESTORS LLC FURTHER URGES YOU TO CONSULT YOUR OWN INDEPENDENT TAX, BUSINESS, FINANCIAL AND INVESTMENT ADVISORS. INVESTING IN MICRO-CAP AND GROWTH SECURITIES IS HIGHLY SPECULATIVE AND CARRIES AND EXTREMELY HIGH DEGREE OF RISK. IT IS POSSIBLE THAT AN INVESTORS INVESTMENT MAY BE LOST OR IMPAIRED DUE TO THE SPECULATIVE NATURE OF THE COMPANIES PROFILED.THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES INVESTORS A SAFE HARBOR IN REGARD TO FORWARD-LOOKING STATEMENTS. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, GOALS, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE ARE NOT STATEMENTS OF HISTORICAL FACT MAY BE FORWARD LOOKING STATEMENTS. FORWARD LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES, AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD LOOKING STATEMENTS IN THIS ACTION MAY BE IDENTIFIED THROUGH USE OF WORDS SUCH AS PROJECTS, FORESEE, EXPECTS, WILL, ANTICIPATES, ESTIMATES, BELIEVES, UNDERSTANDS, OR THAT BY STATEMENTS INDICATING CERTAIN ACTIONS & QUOTE; MAY, COULD, OR MIGHT OCCUR. UNDERSTAND THERE IS NO GUARANTEE PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS. IN PREPARING THIS PUBLICATION, DEDICATED INVESTORS LLC HAS RELIED UPON INFORMATION SUPPLIED BY ITS CUSTOMERS, PUBLICLY AVAILABLE INFORMATION AND PRESS RELEASES WHICH IT BELIEVES TO BE RELIABLE; HOWEVER, SUCH RELIABILITY CANNOT BE GUARANTEED. INVESTORS SHOULD NOT RELY ON THE INFORMATION CONTAINED IN THIS WEBSITE. RATHER, INVESTORS SHOULD USE THE INFORMATION CONTAINED IN THIS WEBSITE AS A STARTING POINT FOR DOING ADDITIONAL INDEPENDENT RESEARCH ON THE FEATURED COMPANIES. DEDICATED INVESTORS LLC HAS NOT BEEN COMPENSATED FOR THIS EMAIL. THE ADVERTISEMENTS IN THIS WEBSITE ARE BELIEVED TO BE RELIABLE, HOWEVER, DEDICATED INVESTORS LLC AND ITS OWNERS, AFFILIATES, SUBSIDIARIES, OFFICERS, DIRECTORS, REPRESENTATIVES AND AGENTS DISCLAIM ANY LIABILITY AS TO THE COMPLETENESS OR ACCURACY OF THE INFORMATION CONTAINED IN ANY ADVERTISEMENT AND FOR ANY OMISSIONS OF MATERIALS FACTS FROM SUCH ADVERTISEMENT. DEDICATED INVESTORS LLC IS NOT RESPONSIBLE FOR ANY CLAIMS MADE BY THE COMPANIES ADVERTISED HEREIN, NOR IS DEDICATED INVESTORS LLC RESPONSIBLE FOR ANY OTHER PROMOTIONAL FIRM, ITS PROGRAM OR ITS STRUCTURE. DEDICATED INVESTORS LLC IS NOT AFFILIATED WITH ANY EXCHANGE, ELECTRONIC QUOTATION SYSTEM, THE SECURITIES EXCHANGE COMMISSION OR FINRA.
Source 1: https://dawsonjames.com/wp-content/uploads/2023/07/Gnus-2023-07-11-Shaqs-Garage-v1-final1.pdf
Source 2: https://finance.yahoo.com/news/kartoon-studios-announces-significant-increase-140000944.html
Source 3: https://www.barchart.com/stocks/quotes/TOON/price-history/historical
Source 4: https://www.precedenceresearch.com/animation-market
Source 5: https://www.barchart.com/story/news/19776772/kids-animation-show-and-a-drama-market-size-and-growth-insights-leading-players-updates-by-2030
Source 6: https://ir.kartoonstudios.com/profile
Source 7: https://www.otcmarkets.com/stock/TOON/overview
Source 8: https://finance.yahoo.com/news/kartoon-studios-provides-business-third-213000875.html
Source 9:https://images.labusinessjournal.com/wp-content/uploads/2023/08/PG20_EMColumn_KartoonUpdate_0821_KartoonCharacters-copy.jpg
Source 10: https://sportshub.cbsistatic.com/i/2022/02/26/3c480148-83bb-41dd-8dcd-c7e893c25c71/netflix-disney-channel.jpg
Source 11: https://static.wikia.nocookie.net/closinglogogroup/images/d/d9/Dreamworksanimation2004.jpg/revision/latest?cb=20161024195044
Source 12: https://www.hollywoodreporter.com/wp-content/uploads/2022/01/Arnold.jpeg?w=1296
Source 13: https://kutubukukartun.com/wp-content/uploads/2021/03/WOW-Unlimited-Media-dan-Frederator-Studio-800×406.jpg
Source 14: https://d1io3yog0oux5.cloudfront.net/_41ed074bf53e3df347369ce23c5fb83e/gnusbrands/files/pages/gnusbrands/db/272/description/KARTOON_STUDIOS_PROMO.png
Source 15: https://fdn.gsmarena.com/imgroot/news/21/02/youtube-android-4k-playback-option/-1220×526/gsmarena_000.jpg