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Deal marks first content collaboration between two media giants
Genius Brands Cartoon Network! Worldwide Partners with Powerkids Entertainment in India to Launch New Co-Branded Entertainment Destination “Powerkids Kartoon Channel!”
Beverly Hills, Calif., June 2, 2023 (Global Newswire) — Genius Brands International (NASDAQ: GNUS ) for the first time with PowerkidsEntertainment Launch of new co-branded kids channel Powerkids Kartoon Channel!, available through various distribution platforms in India and South Asia.
Genius Brands and Powerkids Entertainment will partner to deliver a world-class service to Powerkids Kartoon Channel!, which offers content in English and Hindi on digital platforms throughout the region. The channel features curated content from the Powerkids and Genius Brands catalogs, including some of the most popular children’s shows such as “Shaq’s Garage”, “Akira and Mowgli”, “Roblox Rumble”, “The Jungle Book”, “Peter Pan “Robinhood”, “Lassie”, “The Psammy Show”, “Dragonero”, “Jane and Jerry”, “Rainbow Rangers”, “Boonie Bears”, “Stan Lee’s Superhero Kindergarten”, “Sunny Bunnies” and more.
“We are delighted to partner with Genius Brands to bring our expertise in creating and distributing high-quality children’s content to South Asia,” said Manoj Mishra, CEO, Powerkids Entertainment“This partnership combines the content resources of both companies to deliver a great entertainment experience that will allow us to reach a wider audience and inspire a new generation of learners and thinkers.”
“Our partnership with Powerkids delivers an outstanding kids and family entertainment destination, bringing world-class programming to India, including original programming from Genius Brand. Very compelling in terms of audience engagement and revenue. This important partnership continues the growth of Kartoon Channel! in Asia,” President of Cartoon Network!Global Paul Robinson.
About Cartoon Network!
Today, Genius Brands’ Kartoon channel is everywhere, everywhere! is a family entertainment destination offering over 1,000 episodes of curated and safe family-friendly content.This channel features classic animation for little ones, including The Absurd World of Dr. Seuss, Babar, Melodees, Super Simple Songs, Finny the Sharkand genius babyas well as popular content for older kids like angry Birds and Yu-Gi-Oh!like raw programming Stan Lee’s Superhero Kindergartenstarring Arnold Schwarzenegger, KC!pop quizhosted by Casey Simpson, and Shaq’s Garage, starring Shaquille O’Neal and Rob “Gronk” Gronkowski, is out in 2023. Cartoon Network! Also offers STEM-based content through its Kartoon classroom! ,include genius babyand more.
Cartoon Network! Works across multiple platforms including iOS, Android Mobile, Web, Amazon Prime Video, Apple TV, Amazon Fire, Roku, Comcast, Cox, Dish, Sling TV, Android TV, Xumo, Tubi, Samsung and LG Smart TVs.
Internationally, Cartoon Network! Currently available in major regions around the world, including the recently announced Africa and Sub-Saharan Africa (Star Times), Australia and New Zealand (samsung tv plus), Germany(Waipu), the Philippines(pat digital). Cartoon Network! Branded bricks are currently available daily in 69 countries across the Middle East, Africa, Latin America and Europe.
About Genius Brands International
Genius Brands International, Inc. (Nasdaq: GNUS ) is a leading global children’s media company that develops, produces, markets and licenses branded children’s entertainment properties and consumer products for media and retail distribution. The company’s family-friendly content IP portfolio is characterized by: stan lee brand, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, on the Kartoon Channel! Shaq’s Garage, starring Shaquille O’Neal, comes to Kartoon Channel! Rainbow Rangers On Cartoon Network! and Netflix; flame flame, starring Jennifer Garner, on Netflix and more. Recently, Genius Brands reached an agreement to acquire WOW! Canada. Unlimited Media (TSX-V: WOW), including 2,500 channels under the Channel Federator Network, also made a strategic investment in Germany’s Your Family Entertainment AG (FRA:RTV), Europe’s largest high-quality distributor and broadcaster One of the company’s Children and Family Programs.
Genius Brands Cartoon Network! is a globally distributed entertainment platform with 100% penetration in the US TV market and launched international expansion in key markets around the world. The channel is available in the United States through various distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Amazon Fire, Apple TV, Apple iOS, Android TV, Android Mobil, Google Play, Roku, YouTube, KartoonChannel.com, Samsung Smart and LG TVs, JetBlue Inflight platform and more. Genius Brands Now Launching Subscription Based Kartoon Channel! Kidaverse, featuring metaverse content and exclusive titles.
For more information, please visit www.gnusbrands.com.
About Powerkids Entertainment
Powerkids embraces an exciting intellectual property portfolio owned and managed by Singapore-based animation company Powerkids Entertainment (Singapore) Pte Limited (“Powerkids Singapore”). Powerkids Singapore is sponsored and managed by OCP Asia (Singapore) Pte., a well-known investment management company. Ltd. (“OCP Asia”). With over US$3 billion under management, OCP Asia is a leading alternative management firm in the private equity markets, providing customized secured lending solutions in the Asia Pacific region.
Powerkids Entertainment is a leading animation investment and intellectual property management and distribution company, managed by professionals with decades of experience and well-established relationships in the industry. We co-produce and distribute children’s entertainment content from third-party partners around the world.
It has a proven track record of providing reliable and efficient financing structures for a wide range of purposes throughout the business cycle, including growth, acquisitions and recapitalizations.
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,” “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “forecast,” “forecast,” “project,” etc. , “plans,” “intends” or similar expressions, or statements about intentions, beliefs or current expectations, are forward-looking statements. Although the Company believes that 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 as of the date of this press release. These forward-looking statements are based on current estimates and assumptions and are subject to various risks and uncertainties, including, but not limited to, our ability to generate revenue or achieve profitability; our ability to obtain additional financing on acceptable terms (if any) possible issuance of substantial shares that would dilute our equity holders; fluctuations in our operating results from time to time; general economic and financial conditions; our ability to predict changes in popular culture, media and films, fashion and technology; Competitive pressures from content distributors and retail markets; 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 advancements Ability; our ability to protect our intellectual property and other risk factors set forth in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and the Company’s subsequent filings with the Securities and Exchange Commission (“SEC”). Therefore, actual results may vary materially. The company expressly disclaims any obligation to update or change the statement, whether as a result of new information, future events or otherwise, except as required by law.
Media Contact:
pr@gnusbrands.com
Investor Relations Contact:
ir@gnusbrands.com
Photos accompanying this press release can be found here: https://www.globenewswire.com/NewsRoom/AttachmentNg/38b31a14-e2dd-4872-986a-b0e9e59aa571
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