Market Newsdesk

COS COB, Conn., Dec. 04, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that Crackle was awarded Best Ad-Supported Video Service at the Cynopsis Model D Awards. The company also won Outstanding Team of the Year for its original series Going From Broke.

The Crackle network is set apart from the rest of the AVOD industry with programming that is refreshed faster than other AVOD networks, as well as through its original and exclusive content. Crackle is also expanding distribution and has recently signed deals with companies such as PLEX, Vizio, and Cox Cable with several others launching in Q1 of 2021.

The Cynopsis Model D Awards, held on December 1^st and hosted by Cynopsis publisher Robbie Caploe, honor the best in online video content, advertising, talent and digital media’s movers and shakers. Crackle was announced as the winner for Best Ad-Supported Video Service by guest presenter and Pac-12 Network reporter Ashley Adamson. Fellow finalists included beIN SPORTS XTRA and XUMO. President of Crackle Plus Philippe Guelton accepted the award on behalf of the company.

Crackle was also awarded Outstanding Team of the Year for its original series Going From Broke, a series that aims to stamp out the $1.5 trillion owed in student debt in the U.S. Fellow nominees in this category included teams from ViacomCBS, Crunchyroll and others. The award was presented by guest presenter Alex Livingston, host of Morning Rush on Newsy, and was accepted by Crackle’s Senior Manager of PR & Marketing Chris Woolsey.

“We are pleased that our network and original programming have been recognized by an organization as well respected in our industry as Cynopsis,” said President of Crackle Plus, Philippe Guelton. “Our entire team works hard every day to give our viewers the greatest experience possible and it’s wonderful to see their efforts in the spotlight.”

Crackle can be accessed in the US on 29 devices and services including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and XBoxOne), Plex, iOS and Android mobile devices and on desktops at Crackle.com. Crackle is also available in approximately 500,000 hotel rooms in the Marriott Bonvoy chain.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT

Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

ABOUT CYNOPSIS

Cynopsis is what the TV industry reads first every day. The Cynopsis family of products includes the media industry’s most-read daily, Cynopsis, plus Cynopsis Sports; weekly Media Tech, and weekly Esports, the Cynopsis Jobs board and special reports. Serving TV, agency and brand professionals, Cynopsis produces conferences and awards programs that are second to none. Find out more at cynopsis.com.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 30, 2020) and uncertainties which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
[email protected]
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
[email protected]
(212) 223-0561

OGDEN, Utah, Dec. 04, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas.  

The firm facilitates the trading of physical and financial commodity instruments on the open markets for its customers. They specialize in futures trades for natural gas, crude oil, and power options.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.

Chris Mitchell is TAB Bank’s Vice President and Business Development Officer based in Atlanta. He has over 25 years of experience developing client relationships and structuring credit facilities in the asset-based lending and factoring arena. He can be reached at 404.432.7657 or at [email protected].

Contact Information:

Trevor Morris
Director of Marketing
801-624-5172
[email protected]
Twitter – @TABBank
Facebook – facebook.com/TABbank

Lakeland, FLA., Dec. 04, 2020 (GLOBE NEWSWIRE) — Qgiv, a leading provider of nonprofit fundraising technology, had a record-breaking Giving Tuesday for the seventh consecutive year. Qgiv clients raised millions on Giving Tuesday, with a 108% increase in dollars raised on the platform and a 100% increase in the total number of donations. This marks Qgiv’s most successful fundraising day in company history.

“Since the onset of the pandemic, more and more nonprofits have adopted digital fundraising tools,” said Todd Baylis, CEO and co-founder of Qgiv, Inc. “And despite economic hardship and the challenges this year has presented, we continue to see an outpouring of generosity toward nonprofits and the causes they represent. We’re proud to offer digital fundraising tools that make online giving easy for thousands of nonprofits, and we’re immensely proud of our clients’ Giving Tuesday fundraising success during this unprecedented year.”

Fundraising growth experienced on the Qgiv platform correlates with the increased adoption of online fundraising tools by nonprofits since the onset of the pandemic and national increases in online giving. The total number of nonprofit organizations using Qgiv for their Giving Tuesday fundraising campaigns increased 29% from 2019. The largest donation made was $100,000, with an average donation amount of $160.

“With nearly all in-person summer and fall fundraising events canceled due to COVID-19, the ability to raise money online with reliable and secure technology became paramount for nonprofits,” said Chris Morata, Qgiv’s vice president of product development. “Our tools are intentionally designed to make online fundraising easy, and they include engaging features like a modern mobile-first design, recurring giving prompts, and social sharing options which are key in building a successful Giving Tuesday campaign.”

Qgiv clients incorporated peer-to-peer campaigns, customizable donation forms, event registration, text fundraising, and data tools offered within Qgiv’s complete fundraising suite into their Giving Tuesday campaigns.  These features provide a comprehensive fundraising platform that can help nonprofits ­raise more on Giving Tuesday and beyond.

About Qgiv: Qgiv, Inc. is a leading digital fundraising platform founded in 2007. From their headquarters in Lakeland, FL, they currently serve more than 5,000 nonprofit and faith-based organizations in the United States and Canada. Their no-contract pricing, unlimited access to tools and support, and integrations with leading CRM and email tools make it easy for nonprofits to experiment with new technology and grow their digital fundraising programs. Qgiv is committed to helping nonprofits raise more by anticipating and addressing their needs and challenges through customer-led development and close attention to industry best practices. To learn more about the Qgiv platform visit www.qgiv.com.

###

Attachment

• 2020_RecapStatsGT_1200x630

Melaina Chromy
Qgiv
[email protected]

NEW YORK, Dec. 04, 2020 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: NetEase (NASDAQ: NTES), Peak Fintech Group (OTC:PKKFF) (CSE: PKK) Sea Limited (NYSE: SE) and ESE Entertainment (TSX.V: ESE) (OTC: ENTEF).

Accelerating digital transformation is the tailwind driving new global revenue growth opportunities in E-Sports, Fintech, and E-commerce. Wall Street Reporter highlights the latest comments from industry thought leaders:

Sea Limited (NYSE: SE) Forrest Li, Chairman and Group CEO: “Digital Entertainment a Key Pillar of Growth”

“…Garena had another excellent quarter and achieved several historical highs. We reached more people than ever before, with close to 0.5 billion active users around the globe playing Garena games during the quarter. That represents an increase of 61% year-on-year…Our quarterly paying user number grew at a very strong rate of 91% year-on-year to reach 49.9 million…As a result of this strong user and paying user growth, adjusted revenue for the quarter reached $716.2 million, up 62% year-on-year. Our adjusted EBITDA margin also reached a new record high of 61%…”

“We are also partnering with other global IP holders to create memorable content experiences for our users…In July, we announced a partnership with Netflix for a special in-game crossover with its global hit show, Money Heist. For this, we have worked with Netflix to create a Money Heist-themed in-game takeover, which is expected to be launched in September. Users will be able to enjoy a new game mode inspired by the plot of Money Heist and can purchase virtual skins modelled after the iconic outfits in the TV series.”

“To further enhance user engagement, we have successfully migrated our esports activity online over the last few months. For example, in recent months, we held large scale esports events in both Asia and Latin America. In June, we held the Free Fire Asia all-stars event, featuring both professional players and popular online influencers from India, Indonesia, Thailand, and Vietnam competing across several tournaments. In early August, we hosted an online esports event in Latin America called Free Fire Gigantes, featuring the top teams from our pro leagues on the Brazil and Latin America servers…We continue to see strong momentum in user engagement entering into the third quarter even as many of our markets eased their restrictions on movement recently. In fact, in July, Garena hit a new record high in monthly adjusted revenue. Free Fire also hit a new record in monthly paying users in the same month, which more than doubled year-on-year…Looking ahead, we remain fully focused on bringing innovative content and enjoyable experiences to our users. We are confident that high quality and highly engaging content will strengthen their engagement and affinity with our games. This will continue to be the key driver of Garena’s long-term success.”

Sea Limited (NYSE: SE) Q2 2020 Earnings Call Highlights:


https://bit.ly/2FOjWoC

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela: ”Building A Billion Dollar Global E-Sports Business”

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela was recently a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investors livestream conference. Konrad shares his vision for building ESE into the dominant player in the multi-billion dollar global E-Sports market. ESE is now rapidly expanding, with multiple revenue streams including, E-Sports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and owning world-class leagues and teams, including its K1CK global E-Sports franchise.

Watch ESE Next Super Stock livestream video: 


https://bit.ly/2Ic4PGJ

Click Here to Join December 4, ESE CEO LiveChat – 12:30EST start time:


https://bit.ly/2JAkBvI

In his interview with Wall Street Reporter, ESE CEO Konrad Wasiela, says the company is now ready to scale – expanding its global footprint, with new partnerships with global brands like Porsche, driving revenue growth with aggressive focus on top line sales and margin expansion, and M&A opportunities.

Watch ESE Next Super Stock livestream video: 


https://bit.ly/2Ic4PGJ

Click Here to Join December 4, ESE CEO LiveChat – 12:30EST start time:


https://bit.ly/2JAkBvI

Peak Fintech Group (OTC:PKKFF) (CSE: PKK) CEO Johnson Joseph: “Pure-Play on China E-Commerce/Streaming Boom”

NEXT SUPER STOCK conference presenter Peak Fintech Group (OTC:PKKFF) (CSE: PKK) CEO Johnson Joseph, recently spoke with Wall Street Reporter’s investor audience about PKKFF fast growing China fintech business which connects small-medium business with commercial lending solutions. PKKFF latest growth initiative is providing fintech solutions to China’s social media influencers who are using streaming platforms for e-commerce. It is estimated that over $100 billion in annual e-commerce revenues is now generated through live streaming shows by China’s social media influencers.

In his interview with Wall Street Reporter, PKKFF CEO Johnson Joseph also shares how Peak Fintech is accelerating significant traction, generating over CD$15.1 million revenue in Q3 (over +300% YOY growth) 2020, and is now ready to start scaling revenues as it enters new markets in coming months. PKKFF’s recently announced partnerships open opportunities to reach thousands more new fintech customers.

Watch PKKFF Next Super Stock (December 3) livestream video:


https://bit.ly/3g7qz35

Click here to join NEXT SUPER STOCK livestream:


https://bit.ly/3ku9otb

NetEase (NASDAQ: NTES) CEO William Ding: ”Building Global Leader in Digital Entertainment”

“…We grew our net revenues year-over-year by nearly 26% to RMB18.2 billion for this quarter, and our net income from continuing operations attributable to our shareholders grew year-over-year by 35% to RMB4.5 billion. Our online games was up 21% in the second quarter year-over-year, reaching net revenue of RMB13.8 billion, driven by the impressive strength of our existing titles. Our flagship, Fantasy Westward Journey series and Westward Journey series, continued their strong performance in the second quarter. As two of the largest and longest-running game IPs in China, both games consistently attract a loyal crowd…”

“…We are very committed to bringing the richest content to Chinese users by introducing exciting global music and incubating independent musicians. In the second quarter, we launched numerous paid live shows for independent bands, giving them more options to stream online during this uncertain time…Beyond our progress in the domestic market, we have also made multiple headway with our international initiatives. Our overseas online game net revenues hit a new record high in the second quarter, propelled by robust performances from Knives Out and Life-After in Japan…”

“…NetEase is best known for our content creation capabilities. This rings true across our different business segments. As we look to the second half of this year, we are more confident and committed than ever to further expanding our reach and bringing relevant, exciting, new products and services to NetEase players, fans and followers around the world…We are excited to lead our next wave of expansion as we continue to build value for all of our stakeholders…”

NetEase (NASDAQ: NTES) Q2 2020 Earnings Highlights:


https://bit.ly/3kFMNK9

WALL STREET REPORTER

Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO’s of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com

About Wall Street Reporter’s Next Super Stock conference:

Wall Street Reporter’s NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

CONTACT:

WALL STREET REPORTER

(212) 871-2057 ext 7

www.WallStreetReporter.com

BEIJING, China, Dec. 04, 2020 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, announced today the pricing of its initial public offering of 27,400,000 American Depositary Shares (“ADSs”), with two ADSs representing five class A ordinary shares of the Company, at a public offering price of US$10.50 per ADS. The ADSs are expected to begin trading on the Nasdaq Global Select Market on December 4, 2020 under the ticker symbol “YQ.” The offering is expected to close on December 8, 2020, subject to customary closing conditions.

The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 4,110,000 additional ADSs. The total gross proceeds of the offering, before deducting underwriting discounts and commissions and offering expenses payable by 17EdTech, are expected to be approximately US$287.7 million if the underwriters do not exercise their over-allotment option, and approximately US$330.9 million if the underwriters choose to exercise their over-allotment option in full.

Morgan Stanley & Co. LLC, Goldman Sachs (Asia) L.L.C., and BofA Securities, Inc. are acting as joint bookrunners for the offering. China Renaissance is acting as a co-bookrunner. Tiger Brokers is acting as a co-manager for the offering.

17EdTech’s registration statement relating to the offering has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933, as amended.

The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the final prospectus relating to the offering may be obtained, when available, by contacting the following underwriters:

(1) Morgan Stanley & Co. LLC, Attention: Prospectus Dept., 180 Varick Street, 2nd floor, New York, New York 10014, or by telephone at +1 (866) 718-1649, or by email at [email protected]

(2) GOLDMAN SACHS & CO. L.L.C., 200 WEST STREET, NEW YORK, NY 10282-2198 ATTENTION: PROSPECTUS DEPARTMENT (1-866-471-2526), E-MAIL: [email protected]

(3) BofA Securities, Inc., Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255, or by email at [email protected]

About 17 Education & Technology Group Inc.
17 Education & Technology Group Inc. is a leading education technology company in China with an “in-school + after-school” integrated model. The Company provides a smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents, covering over 70,000 K-12 schools in the first half of 2020.

Leveraging the Company’s in-school leadership, 17EdTech offers online K-12 large-class after-school tutoring services that complement students’ in-school learning. Powered by its integrated model and technology, 17EdTech’s online K-12 large-class after-school tutoring courses stand out in terms of its unique approach to personalization, realized through a data-driven understanding of individual students’ in-school performance, as well as district-level localized insights.

For more information, please visit: https://ir.17zuoye.com   

Safe
Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about 17EdTech’s beliefs and expectations, are forward-looking statements. Among other things, the description of the public offering in this announcement contain forward-looking statements. 17EdTech may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 17EdTech’s growth strategies; its future business development, financial condition and results of operations; its ability to continue to attract and retain users, convert non-paying users into paying users and increase the spending of paying users, the trends in, and size of, China’s online education market; its expectations regarding demand for, and market acceptance of, its products and services; its expectations regarding its relationships with business partners; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 17EdTech’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 17EdTech does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For
investor and media inquiries
, please contact:

17 Education & Technology Group Inc.

Mr. Raymond Huang
E-mail: ir@17zuoye.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-138-0111-0739
E-mail: [email protected]

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: [email protected]

Falcon 6X rollout

Saint-Cloud, France, December 4^th, 2020 – The rollout is a special symbolic moment that represents a milestone in the life of an aeronautical program. It is a milestone eagerly awaited by our customers, partners and employees, united around the new aircraft that will soon be ready for takeoff.

We wanted to reinvent this tradition by adapting it to the context of Covid-19: the rollout of our new business aircraft, the Falcon 6X, will therefore be shown in a video broadcast from Bordeaux-Mérignac, this coming Tuesday, December 8^th, starting at 6:30 pm, Paris time.

We are pleased to invite you to attend this first “e-rollout” in the history of aviation. The event will be streamed live on the Internet on the www.Falcon6Xrollout.com website, as well as via the link https://www.youtube.com/user/MyFalconJet

 

ABOUT DASSAULT AVIATION:

With over 10,000 military and civil aircraft (including 2,500 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2019, Dassault Aviation reported revenues of €7.3 billion. The company has 12,750 employees.

dassault-aviation.com

 

PRESS CONTACTS:

Corporate Communications   

Stéphane Fort – Tel.: +33 (0)1 47 11 86 90 – [email protected]
Mathieu Durand – Tel.: +33 (0)1 47 11 85 88 – [email protected]

Falcon Communications

Vadim Feldzer – Tel.: +33 (0)1 47 11 44 13 – [email protected]

HD photos: mediaprophoto.dassault-aviation.com

HD videos: mediaprovideo.dassault-aviation.com

Attachment

• PR_Dassault Aviation_ Falcon 6X Roll out Annoncement

Former DreamWorks Animation Television and Hasbro Studios’ Executive Expands Current Role to Address Company’s Accelerated Growth

BEVERLY HILLS, Calif., Dec. 04, 2020 (GLOBE NEWSWIRE) — Genius Brands International, “Genius Brands” (Nasdaq: GNUS), a global brand management company that creates and licenses multimedia entertainment content for children, announced today the executive promotion of Michael Jaffa to Chief Operating Officer from his previous role as General Counsel & Senior Vice President of Business Affairs. The announcement was made today by Genius Brands’ Chairman and CEO Andy Heyward, to whom Jaffa continues to report.

In his new role as COO, Jaffa will be responsible for overseeing the business operations of production, consumer products, global distribution, as well as legal, human resources and the diversity divisions. Additionally, he will continue to oversee the business and legal operations of the Company’s digital channels, Kartoon Channel! and Kartoon Classroom!, while retaining his responsibilities as General Counsel.

“Since joining Genius Brands in 2018, Mike has been a tireless leader in driving the business forward as we lay the foundations for the next great kids company,” commented Heyward. “Heading into 2021, we are poised to take a giant leap forward with the execution of business strategies for our new brands, Stan Lee’s Superhero Kindergarten, Shaq’s Garage, and Stan Lee Universe, joining tentpoles Rainbow Rangers and Llama Llama, and the continued rapid expansion of our digital platform, KartoonChannel! now in over 100 million U.S. TV households, and available in virtually the entire country. He will additionally oversee the integration of the recent acquisition of Chizcom Media, the largest buyer of children’s advertising in North America. Mike’s pedigree coming from Hasbro Productions, and DreamWorks TV Animation, is another example of building Genius Brands into a powerhouse entertainment company with proven leadership from the world’s most successful companies in the entertainment and broadcast industries.”

“There are tremendous opportunities for growth in the years to come for Genius Brands,” stated Jaffa. “I am honored to take on this expanded role and look forward to working together with Andy, my management colleagues, our dedicated employees, and all of the departments across our business to continue our transformation to one of the foremost producers and distributor of enduring first-class content for kids and their families.”

Prior to joining Genius Brands as General Counsel & SVP of Business Affairs, Jaffa served as Head of Business Affairs at DreamWorks Animation Television and was responsible for all studio business and legal affairs matters, including the negotiation and drafting of hundreds of development, production, acquisition, talent, digital and music agreements. Previously, he was the Vice President of Legal & Business Affairs for Hasbro Studios, working directly with Hasbro Studio’s President, CFO, and General Manager to help create programs and launch strategy for a new studio and related network.    Jaffa has also represented various clients, including Sony Pictures Animation and MGM Studios.

Jaffa received a J.D. from New York University School of Law.

About Genius Brands International
Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution. The Company’s award-winning ‘content with a purpose’ portfolio includes the upcoming Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger and in partnership with Alibaba; Rainbow Rangers for Nick Jr.; Llama Llama, starring Jennifer Garner, for Netflix; award-winning toddler brand Baby Genius; adventure comedy STEM series Thomas Edison’s Secret Lab; and entrepreneurship series Warren Buffett’s Secret Millionaires Club. Through licensing agreements with leading partners, characters from Genius Brands’ IP also appear on a wide range of consumer products for the worldwide retail marketplace. The Company’s new Kartoon Channel! is available in over 100 million U.S. television households via a broad range of distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Sling TV, Apple TV, Roku, Amazon Fire and more. For additional information, please visit www.gnusbrands.com.

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,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes 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 on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, our ability to generate revenue or achieve profitability; our ability to obtain additional financing on acceptable terms, if at all; our ability to repay our outstanding debt; the potential issuance of a significant number of shares to our convertible note holders which will dilute our equity holders; fluctuations in the results of our operations from period to period; general economic and financial conditions; our ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; 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 advances; our ability to protect our intellectual property and those other risk factors set forth in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and in the Company’s subsequent filings with the Securities and Exchange Commission (the “SEC”). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

MEDIA CONTACT:

[email protected] 

INVESTOR RELATIONS CONTACT:                                                                        
[email protected] 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/288cd9b6-908c-42db-8c95-845735ef2e3f