Kartoon Studios Inc
kartoonstudios.comWhat Do They Do?
Produces commissioned animation for streaming platforms, broadcasters and intellectual-property owners, and creates, licenses and distributes children’s and family content through its own channels and other outlets.
10-K for FY2025, filed Mar 31, 2026Kartoon Studios, Inc. (formerly, Genius Brands International, Inc.) (the “Company,” “Kartoon Studios,” “we,” “us” or “our”) is a global…View ↗
Kartoon Studios also owns Wow Unlimited Media Inc. (“Wow”), through which the Company operates Mainframe Studios - one of the largest…View ↗
The Company distributes its content across streaming platforms, linear television, and its ad-supported and subscription-based…View ↗
Our main sources of revenue are derived from animation production services provided to third parties, the sale of licenses for the…View ↗
How Do They Make Money?
Customers are billed for animation work at project milestones as production progresses. The company also earns content-license fees when content is delivered and the license period starts, advertising fees for impressions served, merchandise-license payments over license terms plus royalties when due, and media-agency retainers or commissions as work is done or ads appear.
10-K for FY2025, filed Mar 31, 2026For revenue from animation production services, the customer controls the output throughout the production process. Each production is made…View ↗
The Company recognizes revenue related to licensed rights to exploit functional IP in two ways: for minimum guarantees, the Company…View ↗
The Company received advertising revenue through its wholly-owned VOD services, Kartoon Channel! and Ameba TV. Additionally, advertising…View ↗
The Company enters into merchandising and licensing agreements that allow licensees to produce merchandise utilizing certain of the…View ↗
The Company provides media advisory and advertising consulting services to clients. Revenue is recognized when the services are performed…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$39.4M
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10-K for FY2025, filed Mar 31, 2026
$39.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Production Services
|
68%
FY2022: 48%
|
Production Services, FY2025
$26.8M Sources
|
|
|
Content Distribution
Licensed
10-K for FY2025, filed Mar 31, 2026 |
20%
FY2022: 40%
|
Content Distribution, FY2025
$8M Sources
|
Licensed |
|
License
Licensed
|
1.0% |
License, FY2025
$387K Sources
|
Licensed |
|
Media Advisory And Advertising Services
|
11%
FY2022: 8.2%
|
Media Advisory And Advertising Services, FY2025
$4.2M Sources
|
Who Are Their Customers?
Broadcasters, streaming platforms and other entertainment companies license content and commission animation; brands in toys, gaming and consumer products hire Beacon for media services. The company licenses properties directly to manufacturers and sometimes retailers.
10-K for FY2025, filed Mar 31, 2026In the year ended December 31, 2025, we partnered with 35 consumer products licensees. During the same period, we licensed our content to…View ↗
Our main sources of revenue are derived from animation production services provided to third parties, the sale of licenses for the…View ↗
Beacon’s media advisory and advertising operations are structured to generate recurring and diversified revenue through a combination of…View ↗
A source of our revenue is our licensing and merchandising activities from our underlying IP content. We work directly in licensing…View ↗
Do Revenues Turn Into Profits?
No. It lost $24.5M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$12.9MView ↗
10-K for FY2025, filed Mar 31, 2026
−$24.5MView ↗
10-K for FY2025, filed Mar 31, 2026
−$11.6MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
$27MView ↗
- ▲ Now profitable
- vs −$6.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 14, 2026
Open tableView ↗
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Aug 12, 2026
Agrees to stream Hundred Acre Wood on Amazon Prime Video
Amazon will promote the series and let viewers shop for character products while watching.
Sources
8-K, filed Aug 12, 2026
On August 12, 2026, Kartoon Studios, Inc. (the "Company") announced that it has contracted with Amazon Prime Video ("Amazon") to stream the…View ↗
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Jul 17, 2026
Sells the Frederator channel network business, retaining studio IP
The company retains key Frederator Studios properties for distribution and product licensing.
Sources
8-K, filed Jul 17, 2026
On July 17, 2026, Kartoon Studios, Inc. (the “Company”) issued a press release announcing it has sold its interest in Federator Networks…View ↗
Growing. Revenue grew 5.0x in 4 years, from $7.9M in FY2021 to $39.4M in FY2025, about 50% a year.
Who Do They Compete With?
Competes with Disney, Nickelodeon, Netflix, Hulu, PBS Kids, and Sesame Street
10-K for FY2025, filed Mar 31, 2026The industry in which we operate is highly competitive. We compete against other creators of children’s content including Disney…View ↗
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