Kartoon Studios’ Largest Revenue Unit, Mainframe Studios, Surges on Strong Business Rebound
Kartoon Studios, Inc. (TOON)
Company Research
Source: GlobeNewswire
Mainframe currently has multiple series in production for industry giants that include Spin Master, Sony Kids, and Disney Company secures series orders for over 145 episodes, strengthening a continuing work pipeline through 2025 and 2026 VANCOUVER, British Columbia and BEVERLY HILLS, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today provided a business update for its affiliated animation production arm and largest revenue unit, Mainframe Studios. The Company is reporting that Mainframe Studios is moving toward continued growth amid a strong business rebound following the settlement of the WGA and SAG strikes. The studio has secured series orders for over 145 episodes, strengthening a continuing pipeline through 2025 and 2026. It presently has four series in production with industry giants, including Spin Master, Sony Kids, and Disney. “Over the past year, Mainframe Studios has experienced a significant increase in deal flow, signaling a stro
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News
- Kartoon Studios Achieves Second Consecutive Quarter of Sequential Revenue Growth and 57% Year-Over-Year Reduction in Direct Operating Costs for Q3 2024GlobeNewswire
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- Kartoon Channel and Samsung TV Plus Launch Kids Free Streaming Channel in India, the United Kingdom, Italy, and SpainGlobeNewswire
- Kartoon Channel to Launch “Kidaverse Roblox Rumble” Competition Series This FallGlobeNewswire
- Kartoon Studios and LiveOne to Collaborate on Custom Audio and Video ChannelsGlobeNewswire
TOON
Sec Filings
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/8/24 - Form 4
- TOON's page on the SEC website