Genius Brands International Inc (GNUS)

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Genius Brands Cartoon Channel Expected to Reach Over 75 Million Homes in 2017

http://finance.yahoo.com/news/genius-brands-cartoon-channel-expected-133000785.html

SANTA MONICA, CA / ACCESSWIRE / January 25, 2017 / Online Media Group Covers Genius Brands International (GNUS): In a recent Letter to Shareholders, Chairman and CEO of Genius Brands, Andy Heyward, confidently projected that the company's Cartoon Channel would reach over 75 million households in 2017, a significant increase and an even more significant accomplishment for the growing company. Heyward, who is responsible for more than 5,000 episodes of children's entertainment including "Inspector Gadget," "Strawberry Shortcake," "Real Ghostbusters," "Captain Planet," "Madeline," and "Alvin and the Chipmunks", articulated in the Shareholder Letter that the company's network could reach 3 out of every 4 kids in the United States. The Kid Genius Cartoon Network, which started with Comcast, is in almost 50 million homes currently.

Genius Brands International is a global brand management company that creates and licenses multimedia content for toddlers to tweens. Led by award-winning creators and producers, GBI is focused on what it calls "content and products with a purpose," providing enrichment as well as entertainment. The company is focused on a massive and reliable market; a market that remains unaffected by the shifting political winds. According to the Licensing Industry Merchandisers' Association, character-related merchandise generated $49.3 billion in retail sales in 2012, leading to $2.55 billion in royalty revenue.

The news of significant expansion in 2017 of Genius Brands' cartoon network comes on the heels of more exciting news. Recently, the company announced their entertainment distribution Sony Pictures Home Entertainment Inc. had expanded to include the worldwide home entertainment marketing and distribution of Genius Brands' Kid Genius and Baby Genius labels of all Genius Brands' properties. In addition to the broader global distribution agreement, the company announced that Sony Home Entertainment. Inc. had taken an equity stake in Genius Brands. As previously announced by the company, Sony Home Entertainment will market and distribute Genius Brands' Kid Genius and Baby Genius labels throughout North America in the multi-year agreement.