Genius Brands International Inc (GNUS)

[rickn23]

RR revenue from Nick Jr. shouldn't be anywhere near $4.5 million (I'll be happy to be wrong). Netflix paid for LL rights to be shown all over the world (over 200 territories). I think (emphasis on "think"), Nick Jr. is only paying to air in the US (for RR). This is why I always mention getting more broadcasters for RR is important.

I think Andy said (previously) they started delivery of season 2 of LL. I'm expecting the revenue to be recognized in Q1.

Yep, $6 million in product guarantees, should be booked when all companies ship product (guessing by Christmas, hopefully much earlier).

Again, Andy failed to mention that the Llama Llama DVD is out (and the entire season is available for purchase on various digital platforms) as well as digital availability of Rainbow Rangers episodes for people that don't have access to Nick Jr.

Yes, developing two new IP brands should increase the burn rate. Recognized costs may not go up much, though, since they amortize the costs of development.

I was disappointed with this CC and the shareholders letter. I expected Andy to show a much more positive outlook for the future. I was really disappointed that he declined to name the two new brands being developed, especially since one of them was named in the 10K.