The AI initiative, developed on Nvidia Omniverse, aims to save 75% of current animation production costs while creating dramatic speed-to-market efficiencies.
The channel U.S. paid subscribers increased in 2023, with new trials doubling in Q4. Globally, the company reaches users in Europe, the Middle East, Africa, and Latin America, reaching a combined population of nearly 1.8 billion.
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”).