Kartoon Studios Chairman and CEO Provides Letter to Shareholders Following Announcement of “Kartoon Studios Winnie-The-Pooh” and $30m of Non-Dilutive Production Funding
Kartoon Studios, Inc. (TOON)
Company Research
Source: GlobeNewswire
BEVERLY HILLS, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios’ (NYSE American:TOON) today provided a letter to shareholders from the Company’s Chairman and CEO, Andy Heyward, following the landmark announcement of its new production, “Kartoon Studio’s Winnie-The-Pooh,” as well as the non-dilutive production financing of $30 million, led by Catalyst Venture Partners. The full shareholder letter is available here: https://www.kartoonstudios.com/blog About Kartoon Studios Kartoon Studios (NYSE AMERICAN: TOON) is a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands. The Company’s IP portfolio includes original animated content, including the Stan Lee brand, “Stan Lee’s Superhero Kindergarten,” starring Arnold Schwarzenegger, on Kartoon Channel! and Ameba; “Shaq’s Garage,” starring Shaquille O’Neal, on Kartoon Channel!; “Rainbow Rangers” on Kartoon Channel! and Ameba; the Netflix Original, “Llama Llama,” starring Jennifer Garner,
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News
- Kartoon Studios Announces Winnie-The-Pooh Business and Creative All-Star Team on the Heels of Securing $30m of Non-Dilutive Production FundingGlobeNewswire
- Kartoon Studios to Launch “Winnie-The-Pooh” Megabrand on Amazon Prime Video, Alongside Nationwide Retail Program in Partnership with Alliance Entertainment, Leading Distributor of Movies and Music to Major Retailers and EcommerceGlobeNewswire
- Kartoon Studios Continues Execution of Growth Strategy With Profitability Targeted for Q2 2025; Provides Business Update for the First Quarter of 2024GlobeNewswire
- Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee UniverseGlobeNewswire
- Kartoon Studios Inc. Completes First Tranche of Registered Direct Offering of Common Stock and Pre-Funded Warrants for up to $7.0 Million; Closes Initial Purchase of $4.0 Million of Common Stock and Pre-Funded WarrantsGlobeNewswire
TOON
Sec Filings
- 6/21/24 - Form 8-K
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- TOON's page on the SEC website