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.
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.
Read more from the company website here.
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...
No. 2 TOON Potential Catalyst - Company's Streaming Business Explodes With Strong YoY Growth
Kartoon Studios’ Kids and Family Streaming Business Records Rapid Growth
Kartoon Studios’ Chairman & CEO, Andy Heyward stated: “... Overall, we could not be more excited by the outlook for Kartoon Channel! and the growth opp's in the coming months and years.”
Read the full article here.
No. 3 TOON Potential Catalyst - TOON Pushes Forward With Pacific-Asia Expansion
Kartoon Studios Enters Malaysian Market with Kartoon Channel! Branded Block on Astro in August 2023
“... 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.
Read the full article here.
No. 4 TOON Potential Catalyst - Leveraging AI, Company Powers Ahead With "Kartoon Films" In Disruptive Move To Animation Industry
Kartoon Studios Announces Kartoon Films
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.
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. ...”
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.
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?
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 Strong YoY Growth
No. 3 - TOON Pushes Forward With Pacific-Asia Expansion
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
Coverage is officially initiated on TOON. When time permits, do this: