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BEVERLY HILLS Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Furthering the global footprint of its global animation catalog, genius brands international, inc . (Nasdaq: GNUS) announced today the finalization of international content sales for multiple series in Europe, Latin America, and Asia Pacific. The deals represent Genius Brands' in-house produced shows, as well as programming produced and/or distributed on behalf of its subsidiary WOW! Unlimited Media's Frederator Networks in Canada and its affiliate Your Family Entertainment“YFE” (FRA:RTV) in Germany.
Genius Brands has licensed Rainbow Rangers season two and Frederator Networks' hit Bravest Warriors series to Netflix in Australia and New Zealand. Max has acquired Rainbow Rangers seasons one and two for Latin America and the Caribbean Basin. Stan Lee's Superhero Kindergarten, starring Arnold Schwarzenegger, and the star-studded feature movie, Stan Lee's Mighty 7, have been licensed to Mexico's TV Azteca. Chile's Television Nacional de Chile has also picked up the rights to Thomas Edison's Secret Lab.
Additionally, YFE has concluded a license deal for five seasons of Fairly OddParents with Super RTL's Toggo platform in Germany, and TV3 Group has licensed the rights to titles, including Rainbow Rangers, to air across the Baltic countries. YFE has also concluded a 25-title content package deal, including Fix&Foxi, Gloria's House, Da Boom Crew, and the Happy Never After animated movie, to the Cliq Digital platform in Germany; and a 14-title license deal with Mauritius Telecom for programming from the Genius Brands' library, including Rainbow Rangers, and multiple catalog titles from YFE.
Paul Robinson, Head of International Sales & President of Kartoon Channel! Worldwide at Genius Brands, commented:“Our catalog of content continues to be in demand with broadcasters and platforms around the globe. We offer high-quality programming from creators such as the legendary Stan Lee and high-caliber talent like Arnold Schwarzenegger that offers fun entertainment with positive messaging to young audiences. We are thrilled to work with our new media partners to continue to deliver on our mission to provide truly valuable family-friendly content!”
YFE's COO Bernd Wendeln stated:“YFE has perhaps the largest catalog of children's and family programming in Europe, featuring audience favorites, such as Fairly OddParents. Both YFE and Genius Brands are known around the world for producing high-quality, safe, value-driven content for children and their families, and we are pleased to meet the demands of our broadcasters and platforms worldwide to deliver this slate of programming.”
About Genius Brands International
Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global children's media company developing, producing, marketing and licensing branded children's entertainment properties and consumer products for media and retail distribution. The Company's IP portfolio of family-friendly content features the Stan Lee brand, Stan Lee's Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon Channel!; Shaq's Garage, starring Shaquille O'Neal, coming to Pluto TV; Rainbow Rangers on Kartoon Channel! and Netflix; Llama Llama, starring Jennifer Garner, on Netflix and more. In 2022, Genius Brands acquired Canada's WOW! Unlimited Media (TSX-V: WOW), which includes 2,500 channels under Frederator Networks, and has also made a strategic investment in Germany's Your Family Entertainment AG (FRA:RTV), one of Europe's largest distributors and broadcasters of high-quality programs for children and families.
Genius Networks consists of Kartoon Channel!, Frederator Network and Ameba. Kartoon Channel! is a globally distributed entertainment platform with penetration in a vast majority of the U.S. television market and international expansion with launches in key markets around the world. Kartoon Channel! is available across multiple platforms, including iOS, Android Mobile, Web, Amazon Prime Video, Apple TV, Amazon Fire, Roku, Pluto TV, Comcast, Cox, Dish, Sling TV, Android TV, Tubi, Xumo, Samsung and LG Smart TVs. Frederator Network owns and operates the largest global animation network on YouTube, with channels featuring over 2000 exclusive creators and influencers, garnering on average over a billion views every month. Ameba is a children's video streaming service full of active, engaging and intelligent programming.
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About Your Family Entertainment AG
The German company Your Family Entertainment AG (WKN: A161N1, ISIN: DE000A161N14, abbreviation: RTV), based in Munich (YFE for short), is one of the leading producers and distributors of high-quality children's and family programs. YFE owns and operates one of the largest channel-independent libraries in Europe with well-known titles such as "Enid Blyton," "Fix & Foxi" and "Altair." The content is educational, entertaining and free of violence. In addition, YFE operates the award-winning pay-TV channel "Fix&Foxi TV" on four continents, the free-TV channel "RiC TV", as well as several mobile and digital channels worldwide. Since December 2021, US kids entertainment company Genius Brands International (NASDAQ: GNUS) has been YFE's major shareholder and both companies agreed on a strategic cooperation to make "Content with a Purpose" available to a worldwide audience.
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; the potential issuance of a significant number of shares, 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.
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