Another significant component of Kartoon Studios Inc. is Frederator, a pioneering force in streaming video and an independent producer of animation for various platforms. Frederator operates a global animation network on YouTube, boasting a network of over 2000 exclusive creators and influencers. With iconic shows like The Fairly OddParents, Adventure Time, and Bee and PuppyCat in its portfolio, Frederator has established a strong reputation in the animation industry and garners billions of views every month.
Through its strategic partnerships, Kartoon Studios Inc. has further enhanced its distribution capabilities and expanded its reach across major digital platforms. Collaborations with notable animation creators on platforms like YouTube, Meta, and TikTok have allowed Kartoon Studios Inc. to tap into diverse audiences and cater to various viewing preferences. Additionally, the acquisitions of WOW Unlimited Media and Ameba TV have expanded the company's distribution channels, including the pioneering Ameba TV Amazon Prime Video Channel and SVOD service.
With this comprehensive distribution network in place, Kartoon Studios Inc. is well-positioned to reach viewers globally through Ad-Free Subscription VOD (SVOD), Ad Supported VOD (AVOD), and Free Ad-Supported Streaming TV (FAST) channels. Leveraging the popularity and success of its platforms, Kartoon Studios Inc.'s collective digital content offerings generate an impressive average of over 1 billion views per month.
To lead this consolidated network and drive growth, Todd Steinman has been appointed as the President of Kartoon Studios Inc. Steinman brings extensive experience in digital media and entertainment, having worked at The Walt Disney Company, Warner Brothers, and WPP. His expertise in operations, content, monetization, and distribution will propel Kartoon Studios Inc.'s mission of providing high-quality and engaging family entertainment across various digital platforms.
With a robust global distribution network, a talented leadership team, and a compelling lineup of family-friendly content, Kartoon Studios is poised for continued success and growth in the children's entertainment industry. As the demand for digital content continues to rise, Kartoon Studios Inc. is well-equipped to capture the attention of its target audience and solidify its position as a leader in the digital age.
Read more from the company website here.
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As mentioned above, TOON has several potential catalysts to focus on right now. Check them out:
No. 1 TOON Potential Catalyst - Analyst Tags TOON With Strong $10 Target Providing As Much As 350+% Potential Upside
In July, Dawson James Securities analyst James McIlree tagged TOON with a $10.00 target.
From its closing valuation Friday, that provides TOON with a potential upside of 350+%.
Here are some report highlights:
- Over the past 12 months, Kartoon has transformed itself into a global developer, producer and distributor of animated children’s content. The acquisitions of WOW Unlimited and Ameba TV and the in-vest-ment in YFE have resulted in scaled-up content creation, access to independently created content from WOW’s YouTube multi-channel network and global distribution capabilities contributed by YFE and Ameba TV. The company’s animation studio produces in-house content and for customers such as Dreamworks and Mattel. Genius (now Kartoon Studios) also operates the largest marketing and media agency within the Kids 2-11 age group, with annual media spending exceeding $100Mn.
- The company is unique among entertainment companies of its size with a global distribution reach enabled by its ownership of Kartoon Channel, a children’s video streaming service acquired with Ameba TV, YFE’s distribution, which includes international linear TV channels on free and pay TV, AVOD and SVOD channels. YFE’s reach is global, with children's channels in Europe, Asia, Latin America, Africa, and Australia.
- Valuation: A comparable group of entertainment companies has traded at 3x to 5x sales over the past few years. Using 4.5x sales and our Q4 2024 run rate revenue estimate of $72Mn results in a $10.00 price target...
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No. 2 TOON Potential Catalyst - Company's Streaming Business Explodes With Recorded 82% YoY Growth
Kartoon Studios’ Kids and Family Streaming Business Records Rapid Growth
Streaming Business Achieves 82% Year-Over-Year Improvement in First Half of 2023
Kartoon Channel’s User Rankings in the Apple App Store Remain at 4.9; Above All Major Competitors
BEVERLY HILLS, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced its streaming service business, including Kartoon Channel!, which premiered just three years ago, continues to grow across all major metrics, led by viewership and consumption.
In the Apple app store, Kartoon Channel! is now ranked by users at 4.9 out of 5 stars, besting most of its major competitors, including both YouTube Kids, and Disney+.
Kartoon Channel! has firmly established itself as a top-tier entertainment destination for safe, responsible content for children, which is positive, non-violent, and without negative stereotypes. The service has reached nearly 100% penetration of U.S. television households and is available across a broad range of platforms, including iOS, Android Mobile, Amazon Prime Video, Apple TV, Amazon Fire, Android TV, Roku and The Roku Channel, Pluto TV, Comcast, Cox, Dish, Sling, YouTube, Samsung, and LG smart TVs and more.
Kartoon Studios’ Chairman & CEO, Andy Heyward stated: “With superb management, led by Todd Steinman, along with proven content and strong positive positioning, we are building a valuable distribution platform and asset base to last for years to come. Overall, we could not be more excited by the outlook for Kartoon Channel! and the growth opp's in the coming months and years.”
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“While many of the streamers have chased viewers at the cost of pro-fits, Kartoon Channel! has taken a measured approach since launching the service three years ago. Our in-vest-ment has been steady, but responsible, and our streaming business is very near pro-fit-ability, which would be a monumental achievement, relative to other companies in our industry,” said Todd Steinman, President of Toon Media Networks, who oversees the Company’s Kartoon Channel!, Ameba, and Frederator Networks.
Internationally, under the oversight of Paul Robinson, President of Kartoon Channel! Worldwide and former Managing Director of Disney Channel Worldwide, the service continues to expand in key territories around the world, spanning North and South America, Europe, Asia, Africa, and Australia.
Read the full article here.
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No. 3 TOON Potential Catalyst - TOON Pushes Forward With Pacific-Asia Expansion (Branded Programming Block Premiers On Malaysia's #1 Homegrown Kid's Channel)
Kartoon Studios Enters Malaysian Market with Kartoon Channel! Branded Block on Astro in August 2023
New Kartoon Channel!-Branded Programming Block to Feature Slate of Safe, Gaming-Focused Content for Kids
BEVERLY HILLS, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE:TOON) continues the Pacific-Asia expansion of the Kartoon Channel! brand with the August 2023 premiere of a branded programming block on Astro Ceria (Astro Ch 611), Malaysia’s #1 homegrown kid’s channel.
Based on the worldwide success of Kartoon Channel!’s hit elimination-style reality gaming series for kids, Kidaverse Roblox Rumble, Astro has also licensed the format to produce season two of the series, starring Malaysian contestants. The series features a diverse group of girls and boys, ages 8 to 12, who compete in 10 different games to win prizes and find out who is the ultimate gamer for a grand prize.
In addition to Kidaverse Roblox Rumble, the Kartoon Channel! programming block on Astro Ceria will feature a slate of gaming content for kids, including Tankee Minecraft Map, Super Mario Brothers 3, KC! Play Mix: Surviving Roblox, and Sally Plays Roblox by Tankee.
“As part of our ongoing global rollout strategy for Kartoon Channel!, we are thrilled to enter the Malaysian market, through this new partnership with Astro, to provide family-friendly and safe content for kids across the country under the Kartoon Channel! brand. This will also be our first collaboration in localizing the format of our popular and safe original gaming series, Kidaverse Roblox Rumble, featuring Malaysian children, which we anticipate to be a big hit!” stated Paul Robinson, President of Kartoon Studios’ Kartoon Channel! Worldwide.
Sharmin Parameswaran, Vice President, VOD/PPV and International, Astro, stated: “At Astro, we embrace the trends and changing preferences of our kids audience; and are excited to work with Kartoon Channel! to bring on board safe and engaging kids gaming content, as well as family-friendly game shows that puts kids at the center of the programs.”
NOTE: Kartoon Channel! gaming-related episodes are not in any way associated or affiliated with proprietary marks of Roblox, Octodad or Minecraft.
Read the full article here.
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No. 4 TOON Potential Catalyst - Leveraging AI, Company Powers Ahead With "Kartoon Films" In Disruptive Move To Animation Industry
Kartoon Studios Announces Kartoon Films
Company Launches Package of Original Animated Feature Films for Children to Debut Exclusively Across its own Streaming Platforms in 2024 and 2025
Unit to be Led by Former Disney Execs, David Neuman, President of Walt Disney Television, and Paul Robinson Managing Director of Disney Channel Worldwide
Strategy to Leverage AI Technology to Animate More Content in Less Time and Reduce Expenses, while Maintaining Human Creativity
Multi Emmy Winning Producer/Director, Mike Maliani, to Oversee Creative
BEVERLY HILLS, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE:TOON) announced today a package of original full-length animated features for children based on existing Kartoon Studios properties, which will leverage AI technology to animate more content, in less time and reduce expenses, while staying true to the Company’s core focus on human creativity and positive content. The new films will debut exclusively across the Kartoon Channel! U.S. streaming platforms in 2024, as well as being distributed to broadcasters and streamers globally.
Films slated to debut in 2024 and 2025 reflect the importance of the Stan Lee brand in the Company’s future, as well as the importance of pre-sold recognizable properties, including:
- ‘STAN LEE’S COSMIC CRUSADERS’ (featuring Stan Lee)
- ‘STAN LEE’S SUPERHERO KINDERGARTEN’
- ‘LLAMA’S BIG ADVENTURE’ (Llama Llama)
- ‘AN OMAHA YANKEE IN KING ARTHUR’S COURT’ (Warren Buffett’s Secret Mill-ion-aires Club)
- ‘FIX AND FOXI’
- ‘RAINBOW RANGERS HOT CONCERT TO COOL GLOBAL WARMING’ (Rainbow Rangers)
Andy Heyward, Kartoon Studios CEO, said, “We have observed a strong appetite for recognized brands that began in either television, toys, video games, or publishing, to become full-length animated feature films. We have seen this with top brands like Super Mario Brothers, Sonic the Hedgehog, Spiderman, the Grinch, and Hotel Transylvania, which were translated into animated movie hits. Much of our catalogue has such roots and pedigree, with a number of brands coming from successful books like Llama Llama or Rainbow Rangers and from brands and pedigrees like Stan Lee.”
Mike Maliani added, “By using both AI, human creativity, and the existing assets that have already been developed with the brands, production costs will be reduced, while upholding the highest levels of quality. Previously the costs of producing an original full-length animated feature for a streaming service were prohibitive, however with the advent of AI technology, and using existing key materials, footage, and animation cycles already in place, we now have an incredibly cost-effective model that we believe is a game changer, which will enable quality animated films to be brought to the consumer for a fraction of what it would have previously cost. We can do all this while maintaining our focus on content written by proven industry creators. We like this model, because we are investing in our own brands, as we additionally drive awareness for consumer product sales, as well as viewership for our channel, and creating an evergreen asset that can be used again and again.”
The company will additionally draw titles from its Munich-based affiliate company, Your Family Entertainment. Certain films will feature celebrity voice actors, as well as original music sound tracks, while highlighting a diversity of characters, global names, and a mix of ages, genders, and ethnicities. Additionally, the Company is planning seasonal titles (e.g. Halloween, Christmas etc.).
Paul Robinson, President of Kartoon Channel! Worldwide, who will oversee global distribution, stated, “Full-length animated features have consistently been one of the most successful genres of all entertainment, and are very attractive to broadcasters worldwide. They steadily over-index, attracting large audiences. Whether the timeless classics from Disney, or hits from Pixar, DreamWorks, and Illumination, we know they perform well. The films will be family friendly, non-violent, and embrace positive themes. We view the animated feature film business for global services as the game changer catalyst to propel the channel forward to significant earnings.”
Read the full article here.
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No. 5 TOON Potential Catalyst - A Low Float Could Set The Stage For Explosive Volatility Potential
According to the Yahoo Finance website, TOON has a relatively low float.
The website reports this profile to have approximately 29.18Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
Could more positive company news in 2023 provide a near term spark?
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TOON Recap - The Top 5 Potential Breakout Catalysts To Know Right Now
No. 1 - Analyst Tags TOON With Strong $10 Target Providing As Much As 350+% Potential Upside
No. 2 - Company's Streaming Business Explodes With Recorded 82% YoY Growth
No. 3 - TOON Pushes Forward With Pacific-Asia Expansion (Branded Programming Block Premiers On Malaysia's #1 Homegrown Kid's Channel)
No. 4 - Leveraging AI, Company Powers Ahead With "Kartoon Films" In Disruptive Move To Animation Industry
No. 5 - A Low Float Could Set The Stage For Explosive Volatility Potential
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Coverage is officially initiated on TOON. When time permits, do this:
