Genius Brands International (NASDAQ: GNUS), a global brand management company that creates, licenses and broadcasts multimedia entertainment content for children, recently released a letter to shareholders from its CEO and Chairman Andy Heyward. “This morning we announced that ARNOLD SCHWARZENEGGER has entered into an agreement to become a significant investor in Genius Brands International,” Heyward states in the letter. “I want to share with you the importance of this event. Our upcoming tentpole series STAN LEE’S SUPERHERO KINDERGARTEN not only stars Arnold, but he is also Co-Executive Producer. Governor Schwarzenegger will lend his signature voice, his likeness in animation, and his cache and standing to launch and promote the series. The Governor has elected to take his compensation, not in cash, but in warrants to purchase shares of Genius Brands common stock (NASDAQ: GNUS). His tens of millions of followers across Facebook, Instagram, and Twitter will bring not only a devoted following to the series, but to Genius Brands overall. This, added to the millions of Stan Lee followers, puts rocket fuel in our Genius Brands’ tanks, and it would be impossible to overstate the importance of this event.”
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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; 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; entrepreneurship series Warren Buffett’s Secret Millionaires Club; and Stan Lee’s Cosmic Crusaders, created with Stan Lee’s Pow! Entertainment. 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.
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