Genius Brands International Inc (GNUS)

[rickn23]

I'm a WOW shareholder. The deal looks good for GNUS. I'm hoping another company comes in and makes a better bid for WOW.

This deal is for less than one times WOW revenue

This deal should cost GNUS about $40 million in cash plus 11.4 million shares of GNUS.

WOW is EBITDA positive, is showing about a $0.03 US cent a share profit so far for 2021 ( for Q1 and Q2). Has revenue for the last 12 months of about $56 million US.

WOW has a substantial MCN (YouTube multi channel network)generating over $20 million US in revenue and animation studios generating over $30 million US in revenue. This will add substantially to GNUS.

There is good synergy for lower cost animation for GNUS and much better distribution on Frederator/WOW networks.

Edit
It's a much better deal than the ChizCom buyout.

Edit 2

The Frederator Networks generate about a billion views a month and generate over $20 million US a year for WOW

https://www.channelfrederatornetwork.com/

The (70) millions of views GNUS has been PRing are pitiful.