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The event has promoted cultural exchange between more than 60 countries in an international award show featuring the best dramas in the world. The awards ceremony will take place in Seoul on September 25th.

A report by Ampere Analysis revealed that, although it experienced a major setback after it announced its ads-supported tier, the platform has seen a major increase in the interest of a more economic option in exchange for having to watch ads.

Morgan Freeman will win the Crystal Nymph Award, while Olivier Marchal will be honored as an Honorary Nymph Recipient. The Festival will offer professionals a series of conferences, bringing together experts from different areas of the global audiovisual production sector to present and exchange solutions to the challenges facing international programming today.

Three finalists from each category will have the opportunity to present their ideas during live pitching, a chance to win a €5000 prize, and engage in fully funded trips to similar events in Europe as part of a market exchange program with the purpose of further promotion and sale of their project.

Genius Brands International announced that the company will be changing its name to Kartoon Studios. In connection with the name change, the company plans to transfer its listing from the Nasdaq Capital Market (“Nasdaq”) to the NYSE American exchange (“NYSE American”).