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Maybe, I'm hoping so. But, that backlog covers about 30 months into the future. GNUS is carrying high level of debt and they still need to account for purchasing WOW. On the plus side is Disney paying for rights to Stan Lee's name and likeness and possible future royalties. An 100th Stan Lee birthday celebration is planned for the end of the year, but there still isn't much public information about it.
GNUS is up about 40% off the lows, from a few months ago, GNUS needs to be near break-even or better or have good guidance to that. Retail shareholders have been burned too many times for the share price to explode on blind anticipation.
This is about to explode. 125M in backlog of deferred revenue contracts, a 20 year licensing deal with Disney underway and over 100M in the bank cash.. woot woot..
WOW's "Bee and Puppycat series will start on Netflix, September 6th.
https://thenerdstash.com/first-trailer-for-bee-and-puppycat-series-released-by-netflix/
Why Genius Brands Stock Jumped 7% Today
Dave Kovaleski, The Motley Fool
Mon, August 1, 2022 at 3:01 PM
The children?s media company is hoping to benefit from its association with the late Stan Lee
What Happened
Genius Brands International (GNUS 7.33%) finished the day up 7.3% on Monday, closing at $0.805 per share. The penny stock had been up 13% at around 1 p.m. ET to $0.85 before dropping. The stock is down about 23% year to date.
It is not clear what drove the stock higher, although streamers Roku and RedBox Entertainment were also up big.
So what
Genius Brands is a children?s entertainment and media company, best known for its streaming Kartoon Channel, shows like Rainbow Rangers, and the rights to Stan Lee?s name as well as the intellectual property of Lee?s non-Marvel characters. These are not the characters you may know and love from the big screen but ones you are probably not familiar with.
The company has struggled to generate earnings but saw a 35% increase in revenue in the first quarter year over year to $23 million. Net income was just $1.3 million, about flat year over year.
Genius Brands got a boost in May when the company signed a 20-year deal with Marvel Studios, owned by Walt Disney (DIS 0.11%), to license the name and likeness of Stan Lee to Marvel Studios for future films and television shows and in Disney theme parks.
Now what
Genius Brands reports Q2 earnings on Aug. 15, so investors should be watching to see if there is any impact from the Stan Lee licensing deal. Also, the company is rolling out some new shows in the fall, including Shaq?s Garage, starring Shaquille O?Neal, and Wolfgang Puck?s Secret Chef Academy.
Genius has been saddled with high expenses and has not consistently delivered profits for investors. It has some solid intellectual property, but until it can turn that into earnings, it warrants a wait-and-see approach.
Stan Lee’s Estate Settles Elder Abuse Suit Against Ex-Business Manager
https://www.hollywoodreporter.com/business/business-news/stan-lees-estate-settles-suit-against-ex-business-manager-1235187627/
Frederator Fetches New Hybrid Series for TikTok Stars ‘Hammy and Olivia’
https://www.animationmagazine.net/tv/frederator-fetches-new-hybrid-series-for-tiktok-stars-hammy-and-olivia/
Genius Brands Announces Complete Dismissal of Securities Class Action Lawsuit
https://www.globenewswire.com/news-release/2022/07/18/2481095/0/en/Genius-Brands-Announces-Complete-Dismissal-of-Securities-Class-Action-Lawsuit.html
Legion M Launching San Diego Comic-Con Exclusive Collection Celebrating Stan Lee
https://sdccblog.com/2022/07/legion-m-launching-san-diego-comic-con-exclusive-collection-celebrating-stan-lee/
Wolfgang Puck Partners With Genius Brands to Create and Star in Children’s Animated TV Series (EXCLUSIVE)
https://variety.com/2022/tv/news/wolfgang-puck-genius-brands-secret-chef-academy-1235302334/
SEC 8-K/A filed. It contains the 2021 annual and 2022 Q1 report for WOW.
Exhibit 99.1 has the link to the 2021 annual report. 99.2 links to Q1 2022.
https://www.sec.gov/Archives/edgar/data/1355848/000168316822004482/0001683168-22-004482-index.htm
Surprised stock is down today ..seriously I am and I I’ll be buying 50k shares to hold unto l after Shaqs garage unveiling
Andy Heyward interview Trade Talks video:
https://www.nasdaq.com/videos/the-recently-announced-deal-with-marvel-studios-to-license-the-name-and-likeness-of-stan-lee
Genius Brands CEO on Keeping Stan Lee's Legacy Alive
It's the Cheddar video:
https://cheddar.com/media/genius-brands-ceo-on-keeping-stan-lees-legacy-alive
Why Genius Brands Soared 24% This Week
By Rich Duprey - May 21, 2022 at 10:03AM
https://www.fool.com/investing/2022/05/21/why-genius-brands-soared-24-this-week/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
What happened
Shares of Genius Brands (GNUS -4.97%) rocketed 23.7% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence.
Investors didn't care so much that the children's entertainment outfit reported earnings that showed a 35% increase in sales (though the stock did go up almost 10% on the news). Rather it was the announcement that Genius Brands signed a 20-year deal with Disney's (DIS -0.70%) Marvel Studios to license the name and likeness of comic book legend Stan Lee for use in films and television, as well as to use in Disney theme parks globally, that sent shares soaring.
EXCLUSIVE: Genius Brands CEO Says 'There Is More Than A Chance' For Subsequent Deals With Disney Following Stan Lee Agreement
https://www.benzinga.com/general/entertainment/22/05/27310476/exclusive-genius-brands-ceo-says-there-is-more-than-a-chance-for-subsequent-deals-with-disn
edit
It's part of the interview. It misses some of the important points.
Andy said that the deal generates a licensing fee for the 20 year deal and royalties. Revenue should show up in the Q2 report.
It does have the video, so you can watch it.
Link to interview. It's a live stream so you have to go to 12:45pm ET time to watch it.
Genius Brands Provides Letter to Shareholders Following Stan Lee Licensing Deal with Marvel
https://www.gnusbrands.com/news/press-releases/detail/1163/genius-brands-provides-letter-to-shareholders-following
Genius Brands stock surges on deal with Marvel Studios
May 18, 2022 9:27 AM ETGenius Brands International, Inc. (GNUS)
Premiere Of Disney And Marvel Studios" "Doctor Strange" - Arrivals
Frazer Harrison/Getty Images Entertainment
Genius Brands International (NASDAQ:GNUS) shares surged 37% pre-market after the kids media company signed a 20-year deal with Marvel Studios to license the name and likeness of Stan Lee for use in future feature films and television productions.
The deal, signed between Marvel and Stan Lee Universe (a venture between Genius Brands and POW! Entertainment), will see Marvel acquiring the rights to use Stan Lee’s name, voice, likeness and signature in movies and television projects as well as Disney theme parks, various "experiences" and merchandizing.
Stan Lee was an American comic book writer, editor, publisher and producer, who was executive vice president and publisher of Marvel Comics.
Genius Brands reported its Q1 results yesterday.
The stock is down ~23% YTD and has lost 45% over the past year.
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CEO, Andy Heyward To Appear On Benzinga's Live YouTube TV At 12:45 p.m. ET On Thursday
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3:29 PM · May 18, 2022·TweetDeck
Stan Lee Returns to Marvel Studios With Genius Brands, POW! Entertainment Licensing Deal (Exclusive)
https://www.hollywoodreporter.com/movies/movie-news/stan-lee-marvel-studios-licensing-deal-1235149039/
Genius Brands Announces 35% Increase in Revenue for the First Quarter of 2022
May 17, 2022 7:00 AM ETGenius Brands International, Inc. (GNUS)
Genius Brands and WOW! Achieve Pro Forma(1) 53% Increase in
Combined Revenue of $19.4 Million(2)
Kartoon Channel! Ad-Supported and Subscription-Based
Streaming Services Experienced Significant Growth
in Revenue, Users, and Content Offerings
Shaq’s Garage in Production and on
Schedule for Delivery in the Fall 2022
BEVERLY HILLS, Calif., May 17, 2022 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (GNUS) (“Genius Brands”) (NASDAQ: GNUS), a global brand management company that creates, produces, broadcasts, and licenses entertainment content for children, reported financial results and provided a business update for the first quarter ended March 31, 2022.
The Company has now achieved 10 consecutive quarters of year-over-year revenue growth. Revenues increased 35% in the first quarter of 2022, compared to the same period last year. On April 6 2022, the Company completed its planned acquisition of WOW! Unlimited Media (RNKFF-OLD) (WOW!), the Canadian animation sub-contract producer of animated programming including Coco Melon, Barbie’s Dream House, and Madagascar, a Little Wild, as well as operator of the Frederator Channel. The Frederator Channel is You Tube’s largest animation-focused Multi Channel Network with over 1 billion views per month. As a result of the acquisition closing on April 7, 2022, WOW!’s results were not included in the Company’s first quarter 2022 results. Revenues for the combined companies on a pro forma(1) basis, increased 53% to $19.4 million(2) in the first quarter of 2022, compared to $12.7 million(2) for the same period last year. On a standalone basis, WOW! achieved approximately $1 million(2) of net income and approximately $2 million(2) of EBITDA for the first quarter of 2022 (see reconciliation to net income below).
Having completed the WOW! acquisition, the Company is now focused on maximizing operating synergies and expects to benefit from significant economies of scale to drive profitability. Meanwhile, the Company has maintained a solid balance sheet with a substantial cash position to internally fund growth.
The Company also recorded a $5.4 million gain during the quarter on its investment in Your Family Entertainment (YFE), the German children’s media and broadcast company. The Company is integrating YFE with Kartoon Channel! to expand the combined content offering under the Kartoon Channel! Worldwide brand.
During the first quarter of 2022, the Company additionally:
Launched Kartoon Channel! onto The Roku Channel, reaching an estimated 80 million people in the US alone. Kartoon Channel! is now carried on most major platforms;
Expanded the global footprint of Kartoon Channel! Worldwide across Latin America, the Middle East & North Africa, which is now available in over 67 countries;
Began the initial rollout of the Company’s commercial free SVOD service Kartoon Channel! Kidaverse following the acquisition of Canadian SVOD streamer Ameba TV; and
Increased viewership for Stan Lee’s Superhero Kindergarten, which launched in China with Alibaba on their kids Youku platform.
The Company is executing on its strategy to establish Genius Brands as the foremost producer, broadcaster, and licensor of high-quality children’s entertainment and children’s consumer products. Unlike Disney+ and Netflix, both of which have historically been pure subscription services Genius maintains and is building both ad supported AND subscription supported services. Additionally, both Kartoon Channel! and Kartoon Channel! Kidaverse are available through one app, which offers BOTH Video-on-Demand AND linear FAST programmed products, with a continuously growing viewer and subscriber base. Kartoon Channel! continues to be the top user rated streaming service in its class in the Apple app store.
Complete financial results are available in the Company’s Form 10-Q, which has been filed with the Securities and Exchange Commission, and is available on the Company’s website: https://ir.gnusbrands.com/sec-filings
(1) Had the acquisition occurred on January 1, 2022
(2) Based on unaudited financial results of WOW! Unlimited Media for the quarter ended March 31, 2022; conversion of CAD to USD based on the exchange rate as of May 13, 2022; WOW! financial statements based on IFRS, which may not correlate to US GAAP.
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. Recently, Genius Brands entered into an agreement to acquire Canada’s WOW! Unlimited Media (TSX-V: WOW), which includes 2,500 channels under the Channel Federator 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 Brands’ Kartoon Channel! is a globally distributed entertainment platform with 100% penetration in the U.S. television market and international expansion with launches in key markets around the world. The channel is available in the U.S. via a broad range of distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Amazon Fire, Apple TV, Apple iOS, Android TV, Android Mobile, Google Play, Roku, YouTube, KartoonChannel.com, Samsung Smart and LG TVs, the JetBlue Inflight platform and more. Genius Brands will soon launch the subscription-based Kartoon Channel! Kidaverse, featuring metaversal content and over 15,000 animated titles.
Today's PR includes results for WOW.
Combined revenue was $19.4 million
10Q for Q1 2022 is out. Does not contain WOW revenue.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1355848/000168316822003699/genius_i10q-033122.htm
YouTube Unveils Slate of New Kids and Family Originals, Including ‘Tab Time’ Season 2 and Animated Series From Lilly Singh (EXCLUSIVE)
https://variety.com/2022/digital/news/youtube-kids-family-originals-lilly-singh-tab-time-1235264989/
LICENSING EXPO: Q&A with Kerry Phelan, Chief Brand Officer, Genius Brands
https://www.licensing.biz/licensing-expo-qa-with-kerry-phelan-chief-brand-officer-genius-brands/
Licensing Expo 2022 Reveals New Raft of Confirmed Exhibitors
You can take a look at their analysis. They have their initial report and two updates downloadable as PDFs.
https://dawsonjames.com/report-gnus/
Jump into Kartoon Channel!'s Kidaverse Today!
Genius Brands: Buy This Cheap Stock Before Shaq's Garage Cartoon Debut
Apr. 13, 2022 10:22 AM ET
https://seekingalpha.com/article/4501167-genius-brands-buy-stock-before-shaqs-garage-cartoon-debut?mailingid=27352758&messageid=2800&serial=27352758.711&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=27352758.711
My WOW shares have been converted to GNUS shares and cash.
WOW is no longer listed on the Toronto exchange.
My WOW shares haven't converted, yet.
8K filed: Acquired all outstanding WOW shares,
appointing Hirsh to GNUS board of directors,
something about "B" shares
https://www.sec.gov/ix?doc=/Archives/edgar/data/1355848/000168316822002514/genius_i8k.htm
Genius Brands International (GNUS) Receives a Buy from Dawson James
April 10 2022 - 08:25AM
TipRanks
In a report issued on April 8, James McIlree from Dawson James maintained a Buy rating on Genius Brands International (GNUS – Research Report), with a price target of $5.00. The company's shares closed last Friday at $0.84, close to its 52-week low of $0.75. According to TipRanks.com, McIlree has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -13.8% and a 33.3% success rate. McIlree covers the Technology sector, focusing on stocks such as Smith Micro Software, Vuzix, and SRAX. Currently, the analyst consensus on Genius Brands International is a Moderate Buy with an average price target of $5.00.
Annual (shareholder) Letter:
https://www.gnusbrands.com/blog/post/6476/genius-brands-ceo-annual-letter-2021
Genius Brands International, Inc. Completes Acquisition of Wow Unlimited Media Inc.
https://www.globenewswire.com/news-release/2022/04/06/2418035/0/en/Genius-Brands-International-Inc-Completes-Acquisition-of-Wow-Unlimited-Media-Inc.html
I wouldn't call them "great" numbers. The bulk of the revenue came from Beacon Media (ChizComm). GNUS still generated a huge operational loss.
Ad revenue (generated by Kartoon Channel!(?)), while still nearly insignificant, was up slightly.
GNUS needs to chart a course towards profitability.
Buyout of WOW and release of Kidaverse are the next things to watch.
great numbers. Yesterday was the the 10th consecutive trading day closing at a minimum of $1, that should meet nasdaq listing requirement. things are lining up nicely here.
WOW! Unlimited Media Inc. Provides Update on Closing of the Arrangement
https://finance.yahoo.com/news/wow-unlimited-media-inc-provides-120000172.html
Finalizing closing, new closing date around April 6.
Genius Brands International Rebrands ChizComm as Beacon Media Group
https://toybook.com/chizcomm-rebrands-as-beacon-media-group/
WOW! Unlimited Media Inc. Announces Investment Canada Approval and Next Steps to Closing of the Arrangement
https://finance.yahoo.com/news/wow-unlimited-media-inc-announces-115500727.html
Buyout for WOW expected to close around April 1.
Genius Brands Launches First Kartoon Channel! in Australia
WOW! Unlimited Media Inc. Announces Extension of the Arrangement Agreement Outside Date and General Update on the Transaction
https://finance.yahoo.com/news/wow-unlimited-media-inc-announces-200100270.html
"Team Zenko Go" started today on Netflix. It's an animated series done by Mainframe Studios (part of WOW) for Dreamworks Animation Television.
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a grace period of 180 calendar days, or until August 31, 2022, to regain compliance with Nasdaq Listing Rule 5550(a)(2). Compliance will be achieved automatically and without further action when the closing bid price of the Company’s stock is at or above $1.00 for a minimum of 10 consecutive business days at any time during the 180-day compliance period, in which case Nasdaq will notify the Company of its compliance and the matter will be closed.
SEC filed (March 9)8K, de-listing notice. GNUS received notice on March 4.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1355848/000168316822001548/genius_8k.htm
Genius Brands Signs Brands with Influence as U.K. Licensing Agent
https://www.licenseglobal.com/entertainment/genius-brands-signs-brands-influence-uk-licensing-agent
Edit
GNUS will also be an exhibitor at the 2022 Las Vegas Licensing Expo (May 4-26).
https://www.licenseglobal.com/licensing-events/licensing-expo-returns-las-vegas-may-2022
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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 Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger; 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; entrepreneurship series Warren Buffett's Secret Millionaires Club; and Stan Lee's Cosmic Crusaders, created with Stan Lee's Pow! Entertainment. 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 Genius Brands Network of channels, including Kid Genius Cartoon Channel, Baby Genius TV, and Kid Genius Cartoons Plus!, are available in over 100 million U.S. television households via a multitude of distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Sling TV, Apple TV, Roku, Amazon Fire and more.
Genius Brands International, Inc. Investor Relations
190 North Canon Drive Floor 4 Crescendo Communications, LLC
Beverly Hills, CA 90210 T: 844-589-8760
GNUS@crescendo-ir.com
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