Genius Brands Files Form 10-K Annual Report
13 April 2023 - 11:15PM
Genius Brands International, Inc. (“Genius Brands”) (NASDAQ: GNUS),
a global brand management company that creates and licenses
multimedia entertainment content for children, today announced that
the Company had filed its Annual Report on Form 10-K with the US
Securities and Exchange Commission. In addition, the Company’s
Chairman and CEO, Andy Heyward provided a business update for the
year ended December 31, 2022, in the form of a CEO letter, which
can be accessed
HERE.
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 IP
portfolio of family-friendly content features the Stan Lee brand,
Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger,
on Kartoon Channel!; Shaq’s Garage, starring Shaquille O’Neal,
coming to Kartoon Channel!; Rainbow Rangers on Kartoon Channel! and
Netflix; Llama Llama, starring Jennifer Garner, on Netflix and
more. This past year, Genius Brands also acquired Canada’s WOW!
Unlimited Media (TSX-V: WOW), which includes 2,500 channels under
the Channel Frederator Network, and has also made a strategic
investment in Germany’s Your Family Entertainment AG (FRA:RTV), one
of Europe’s largest distributors and broadcasters of high-quality
programs for children and families.
Genius Networks consists of Kartoon Channel!, Frederator Network
and Ameba. Kartoon Channel! is a globally distributed entertainment
platform with penetration in a vast majority of the U.S. television
market and international expansion with launches in key markets
around the world.
Kartoon Channel! is available across multiple platforms,
including iOS, Android Mobile, Web, Amazon Prime Video, Apple TV,
Amazon Fire, Roku and The Roku Channel, Pluto, Comcast, Cox, Dish,
Sling TV, Android TV, Tubi, Xumo, Samsung and LG Smart TVs.
Frederator Network owns and operates the largest global animation
network on YouTube, with channels that boast over 2000 exclusive
creators and influencers, garnering on average over a billion views
every month. Ameba is a children's video streaming service that is
full of active, engaging and intelligent programming.
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
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