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Genius Brands International, Inc. (GNUS)

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1.5800+0.0200 (+1.28%)
At close: 4:00PM EDT

1.6400 +0.06 (3.80%)
Before hours: 5:08AM EDT

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Neutralpattern detected
Previous Close1.5600
Open1.5400
Bid1.5900 x 1000
Ask1.6400 x 36900
Day's Range1.5400 - 1.6800
52 Week Range0.0520 - 11.7300
Volume15,101,591
Avg. Volume63,335,364
Market Cap346.067M
Beta (5Y Monthly)2.16
PE Ratio (TTM)N/A
EPS (TTM)-0.9730
Earnings DateMar 20, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Genius Brands International Issues CEO Newsletter
    GlobeNewswire

    Genius Brands International Issues CEO Newsletter

    Stan Lee’s Superhero Kindergarten All-new comedy, action-adventure animated series for children, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger. PHOTO: Genius Brands InternationalBEVERLY HILLS, Calif., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. "Genius Brands" (GNUS), the global brand management company that creates and licenses multimedia entertainment content for children, released a letter to shareholders from Chairman & CEO Andy Heyward. The complete letter follows: Dear Friends and Shareholders,   SpongeBob SquarePants, in my opinion, is the most clever and well-written children’s series of the last 20 years. I share this because at Genius Brands (NASDAQ:GNUS), we hired that same head writer of SpongeBob, Steven Banks, to be head writer of  STAN LEE’S SUPERHERO KINDERGARTEN. After reading the “Pilot Episode” of the series, I’m more excited than ever about Superhero Kindergarten becoming a mega-hit and pillar of enduring value for Genius Brands.  In fact, we are so excited, I’m sharing the ‘Pilot Script’ and the ‘Series Bible’ for everyone to read and enjoy.Studios generally don’t share their scripts or their work products before they come out.  In fact, it’s extremely unusual. They don’t want to be ripped off, or tip their hands to the competition. However, at Genius Brands, we think that Stan Lee’s Superhero Kindergarten is so superior, that it would be very, very, hard for anyone to catch this fast-moving bullet train.   The team crafting this show, in my opinion, is the very best out there.  Kartoon Channel!’s Chief Content Officer, David Neuman, is personally giving script notes and supervising a punch up of the scripts. (Previously, as President of Walt Disney Television, and subsequently as VP of Comedy at NBC,  David rode shotgun on such major hits as Home Improvement, Boy Meets World, Golden Girls, and The Wonderful World of Disney.)From our multi-Emmy Award-winning animation director, Mike Maliani, to celebrated film director John Landis—who will be directing Arnold Schwarzenegger’s voice, and the best kids’ voices anywhere—Stan Lee’s Superhero Kindergarten is one of 5 tentpoles of value being built at Genius Brands (below), and we are sure that when you read the Pilot Script and the Series Bible, you will agree.GENIUS BRANDS TENTPOLES—REVENUE DRIVERS FOR THE FUTUREEach of the below, we believe, will be powerful revenue and earnings drivers going forward. Here is a quick update for you to know why our team is so confident.(Note: We will not see material revenues from these until Q4, and reported in  Q1 2021) 1. Kartoon Channel!—We first announced Kartoon Channel! as a viewing destination which would be a ‘Netflix for Kids, but Free.’   Since we went live on June 25, we have had tens of thousands of viewers sign up for the programming service which is available in over 90% of U.S. TV households in over 100 million homes and on over 200 million mobile devices.  We continue to grow every day.  Within the first 24 hours, the iOS app has had thousands of downloads and the reviews in the APP STORE have been 5 Stars***** (even Disney+ has only 4.7 Star reviews.)  We are amidst migrating the iOS interface to all of our other platforms, including Android and Roku, among others.  (Today,with that same User Experience, KARTOONCHANNEL.COM WENT LIVE!!!)  We continue to curate the content, so parents know it will always be safe for their kids, and we strive to put as much enriched content as possible on the air, from which children can actually learn as they watch and are entertained. No violence, no improper language, no negative stereotypes.  It is inclusive, it is diverse, and always with positive messaging.   The stars in our shows are diverse and look like real-people.  The shows we run on Kartoon Channel! are proven hits like Baby Einstein, Yu-Gi-Oh, Babar, Angry Birds, and Llama Llama, and we recently added Rainbow Rangers which is currently our 1 show on the channel.  We add new content each week, and it is curated under the leadership of Margaret Loesch, who has been responsible for more network hits than any person in children’s broadcasting history. (She goes back to Smurfs, Muppet Babies, Power Rangers, Spiderman, X-Men, My Little Pony, and many, many, more). Kartoon Channel! is an AVOD channel, which means it is fully on-demand, but we will also start adding a linear segment as well for those who like to visit scheduled series.  We are more confident than ever that Kartoon Channel! is going to change the face of kids broadcasting as we announce innovative products that will soon appear on the channel. Especially in these times, with more and more kids home from school and viewership up, parents are looking for ways to save money and avoid costly subscription fees. 1. Stan Lee Universe—We are working hard to make this the next Marvel.  Having acquired the rights to the name, the likeness, the signature, and IP of Stan Lee, the visionary man behind all of Marvel, and the creator of 5 of the top 12 biggest grossing movies of all time, including the 1 biggest movie of all time, the Avengers Endgame, we know we are sitting on a treasure chest of huge creative wealth and we are carefully putting the pieces in place to unlock it.  Believe me, the industry has taken note, and we have had multiple inquiries from the most important companies in media and retail seeking to participate. Chairman of the Walt Disney Company, Bob Iger, recently said, “Stan Lee was as extraordinary as the characters he created. A superhero in his own right to Marvel fans around the world.” Comic book guru, lifetime friend of Stan Lee, and Executive Producer of all the Batman movies, Michael Uslan, has been engaged to be Creative Director of Stan Lee Universe.  We consider the STAN LEE asset the last huge treasure chest that was available in Hollywood, and we are confident big things will be coming forth.   2. RAINBOW RANGERS—Rainbow Rangers is a series we began developing five years ago when we were first told by retailers that there would be a vacuum in pre-school girls’ products at this time.  We brought on three of the most successful creators in Hollywood— Rob Minkoff, Director of Disney’s Lion King, Shane Morris, Co-Writer of Disney’s Frozen, and Elise Allen, Head writer of Disney Channel’s Lion Guard.  Together, they created a  masterpiece for us as we pivoted away from girls shows about princesses and instead went to empowered aspirational girls who care about our planet and fixing it.  The Rainbow Rangers are a diverse group of girls who live on the other side of the Rainbow and their mission is to protect the planet and its animals.  We describe it as a “Paw Patrol for girls.”  Paw Patrol became a multi-billion dollar business, and that is what we are shooting for with Rainbow Rangers. Mattel/Fisher-Price is our master toy licensee, and toys have just come into the market. In fact, the small initial burst sold out immediately, and we are waiting for replenishment to occur this month.  The toy commercials will start up immediately as soon as products are in stock at Walmart and Amazon. In the meantime, we have products of virtually all kinds licensed… over 375 SKUs, including publishing, apparel, sleepwear, bikes, swimwear, party goods, costumes, games, etc.  We have moved the show on to Kartoon Channel! as well as Nick Jr. and we have high hopes for its performance. By the end of the Christmas season, we will have a good idea if we have the hit we believe we do.      3. CATALOG—The 4th tentpole of revenue for Genius is our catalog.  We have shows like Llama Llama on Netflix starring Jennifer Garner, based on the NYT Best Selling children’s books.  We run the merchandise program for that as well, which we share with the author and Penguin Books. There are over 30 million Llama Llama books in print, and we are confident that they will drive continuous global catalog sales as well as consumer products from which the company enjoys a robust royalty.  Llama Llama is joined by other shows like Warren Buffett’s Secret Millionaires Club and Thomas Edison’s Secret Lab, shows where kids learn lessons in financial literacy and in science respectively.  There are several hundred shows in our catalog and taken together, they present a powerful asset which will be continuously licensed to broadcasters around the world.There is one last “Tentpole of Growth.” * Our Balance Sheet and Our Cash Position Genius Brands is in an extraordinary financial position today.  Our balance sheet is pristine. We have ZERO debt, and over $50 million in cash.   We run an efficient and lean organization, and we have low overhead.  Particularly so vis a vis our competitors.  We have substantial receivables and substantial assets which are poised to begin throwing off cash from global program sales of shows already produced and painstakingly paid for over the last few years, as well as a large number of consumer products licensees who pay us royalties for our characters appearing on their products.  We expect to start seeing the fruits of all of this in Q1 2021, as well as ad sales from the growing Kartoon Channel! starting to now come online.It is an exciting time for Genius Brands, but it is important for our shareholders to recognize that we are not in a business that reaps fruits overnight and to temper their expectations. We are building animated intellectual property for children. The same way that Disney, Marvel, or Warner Brothers has done.  We have accelerated the process, for sure, and are moving with tremendous speed, but a 3-minute egg cannot be cooked in one minute, no matter how many burners are cooking.  We have now planted the seeds and we have every confidence that they are going to pay off. For now, please enjoy the Series Bible, Pilot Script, and Trailer, of Stan Lee’s Superhero Kindergarten, and you will have a taste of what is coming, and why we are confident!Sincerely,Andy Heyward Chairman & CEO Genius Brands International, Inc.LINK TO STAN LEE’S SUPERHERO KINDERGARTEN SERIES BIBLE, PILOT SCRIPT AND TRAILER: https://www.gnusbrands.com/shkbibleForward 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; our ability to repay our outstanding debt; the potential issuance of a significant number of shares to our convertible note holders 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.INVESTOR RELATIONS CONTACT:                                                                         ir@gnusbrands.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a0a61288-bb3e-420b-bb5c-f68b51aa257c

  • Why Genius Brands Stock Crashed Hard in July
    Motley Fool

    Why Genius Brands Stock Crashed Hard in July

    The producer of kid-friendly cartoons has been extremely volatile in 2020. July was just another month of crazy price swings and empty promises.

  • Mega-Hit Yu-Gi-Oh Joins Kartoon Channel!
    GlobeNewswire

    Mega-Hit Yu-Gi-Oh Joins Kartoon Channel!

    Yu-Gi-Oh! Genius Brands International (NASDAQ:GNUS) announced the acquisition of approximately 230 new episodes of programming, including the 1 rated anime phenomenon, Yu-Gi-Oh! ARC-V, based on the trading card game from Konami. Genius Brands International Continues to Build Its Premium Content Pipeline on Kartoon Channel! With Konami’s Hit Anime Adventure Series, Yu-Gi-Oh! ARC-V Approximately 230 Episodes of New Programming Rolling Out on Kartoon Channel! and its 5-Star Rated iOS AppBEVERLY HILLS, Calif., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Following the June 15 launch of its new free digital Kartoon Channel! across multiple AVOD and OTT platforms, and the subsequent debut of its first COPPA-compliant Apple iOS app to 5-star ratings, Genius Brands International (NASDAQ:GNUS) continues to build its premium offering of entertaining and enriching family-friendly content on Kartoon Channel! with the acquisition of approximately 230 new episodes of programming, including the 1 rated anime phenomenon, Yu-Gi-Oh! ARC-V, based on the trading card game from Konami. “Led by Yu-Gi-Oh, these new program acquisitions truly showcase the quality and diversity of content we are striving to bring to young audiences discovering the Kartoon Channel! and offer opportunities for a wide range of ad partners to drive revenue for the channel,” said Chairman & CEO Andy Heyward. “We are extremely proud of the rapid expansion of Kartoon Channel! and the positive responses we are receiving from kids and especially parents, who feel we are providing a safe destination for their kids’ entertainment. Our reach now extends to over 100M U.S. television households and over 200M mobile devices; we have our first iOS app which has thousands of positive reviews and 5-star ratings, and we have new apps launching on Android, Roku and Amazon Fire, with the same interface as on iOS. And, we are continually looking for unique ways to fill our offering with the best children’s programming in the marketplace, with titles such as Yu-Gi-Oh!, Babar, Angry Birds, Roblox, and our upcoming Stan Lee’s Superhero Kindergarten. This is just the beginning of our mission to build what I like to call the FREE ‘Netflix for Kids.”In addition to the 148x22’ episodes of Yu-Gi-Oh! ARC-V now being offered on Kartoon Channel!, Genius Brands has also licensed the English language rights to 25x4’ episodes and Spanish language rights to 5x30’ episodes of YouTube sensation My Dog Chocolo,  from Productora Atiempo Ltda., which has over four million subscribers and more than three million daily views and a total of over two billion views. The Company has also acquired 52x11’ episodes of the 3-D comedy series Invention Story from Mondo TV, which follows a quirky fox inventor who tries to fit into Carrot Town, a place full of rabbits—hopefully winning them over with his big heart and his amazing gadgets; and 26x22’ episodes of Mysteries of Alfred Hedgehog from Muse Entertainment, a series which encourages science exploration and teamwork—by thinking, linking and deducing, kids can be entertained and learn while solving the puzzles and problems of Alfred's mysterious world!The Kartoon Channel! and the new complementary iOS app offer access to a wide variety of Genius Brands original and acquired family-friendly content, with more added daily, including Babar, Angry Birds, Stan Lee’s Mighty7, Thomas Edison’s Secret Lab, Baby Einstein, Baby Genius, Llama Llama shorts Warren Buffett’s Secret Millionaires Club, and more. Additionally, Genius Brands is adding more family-friendly gaming content, including Minecraft’s Journey to the End and Fairy Horse Quest, Octodad, PixArk, and Big B Roblox Challenge, from Tankee. Genius Brands will also premiere on Kartoon Channel! the upcoming comedy-adventure series, Stan Lee’s Superhero Kindergarten, currently in pre-production and starring Arnold Schwarzenegger, on Kartoon Channel! in Q1 2021.In addition to the iOS mobile app, Kartoon Channel! can be accessed via Apple TV Devices, Android (mobile devices), Android TV, Amazon Fire Stick, Roku Devices, Xumo, Comcast, Cox, Dish, and Sling. The iOS app will be the model for the other platforms and will be rolled out across them. For more information on where to watch Kartoon Channel!, please visit https://www.kartoonchannel.com/where-to-watchAbout Yu-Gi-Oh YU-GI-OH! is a $2-billion-dollar global entertainment franchise and is the leading trading card game in the world. The popular property has spawned a wide array of top rated TV anime series, including Yu-Gi-Oh! ARC-V, as well as trading cards, action figures, video games, magazines, apparel and other consumer products. In North America, the Yu-Gi-Oh! anime series The Yu-Gi-Oh! franchise is currently in its 12th consecutive year of broadcast in the U.S. and most major markets worldwide. The series and brand continue to captivate children through its best-selling trading card game, animated series and motion picture releases.Yu-Gi-Oh! ARC-V introduces fans to Action Duels, where characters and monsters interact for the first time ever. The newest star, Yuya, is a 14-year-old boy learning to become an “entertainment duelist” at one of the many Preparatory Schools children attend to hone their skills and become professional duelists. Yuya duels using the Pendulum Summon, which provides access to many high-level monsters. 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 award-winning ‘content with a purpose’ portfolio includes the upcoming Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger and in partnership with Alibaba; 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! is available in over 100 million U.S. television households via a broad range of distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Sling TV, Apple TV, Roku, Amazon Fire and more. 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; our ability to repay our outstanding debt; the potential issuance of a significant number of shares to our convertible note holders 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.comINVESTOR RELATIONS CONTACT:                                                                         ir@gnusbrands.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61ab6912-f3ae-4475-bc07-2dbbde489a83