Genius Brands International Issues Annual Shareholder Letter and Provides Business Update
01 April 2021 - 12:15AM
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 released a letter to
shareholders, including a detailed business update.
The complete shareholder letter is available at:
https://www.gnusbrands.com/blog.
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 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
Genius Brands (NASDAQ:GNUS)
Historical Stock Chart
From Apr 2024 to May 2024
Genius Brands (NASDAQ:GNUS)
Historical Stock Chart
From May 2023 to May 2024