Projected Growth and Cost Saving Initiatives Driving Company Towards Profitability as Animated Characters, Catalogue of Animated Episodes, and Broadcast Assets, All Grow Under New CFO, Q4 2023 Direct Operating Costs Reduced by Over 70% Year-Over-Year and 54% Sequentially, While Identifying Over $3.5 Million in Additional Annualized Cost Savings Across the Company, to be Implemented in 2024 Kartoon Channel!'s Streaming Business Operating at Break-Even Operating Income, Setting it Apart from Many
Beacon Expands Leadership in Toy Market, While Expanding into Non-Toy Category Pre-Easter and Spring Initiatives Expected to Provide a Solid Start to 2024 BEVERLY HILLS, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Beacon Media Group, the media and marketing agency subsidiary of Kartoon Studios, Inc. (NYSE American: TOON) specializing in kids and family, announces a series of achievements and milestones attained in 2023, which the Company believes further position Beacon Media as a leader in the ma
BEVERLY HILLS, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced that Andy Heyward, Chief Executive Officer, and Brian Parisi, Chief Financial Officer, will be participating in the Benzinga All Access event taking place on Tuesday February 13th, 2024, at 11AM Eastern Time. The event will be broadcast live and can be viewed at: https://youtube.com/live/BsJw7ZYTLqk?feature=share. An archived recording of the presentation will be available on the investo