Kartoon Channel's Parent Company Acquire 50% Ownership in Select Content and Consumer Products From Genius Brands’ Frederator Network

Genius Brands International, Inc., through its WOW! Unlimited Media subsidiary, Frederator Network, today announced it has completed a deal with TOHO International, a subsidiary of one of the largest media companies in Japan, whereby TOHO International is making a multimillion-dollar investment to acquire a 50% stake in two of the Company’s original productions, the critically-acclaimed series, Bee and PuppyCat, following its successful launch on Netflix, Frederator’s pop culture phenomenon Bravest Warriors, and the upcoming series Catbug, based on the popular character created in the Bravest Warriors’ series.

The deal provides a framework for Genius Brands’ Frederator Network and TOHO International to co-produce new content for the properties and cooperatively develop a global consumer products campaign. Genius Brands will oversee global distribution and consumer products development for the properties, excluding Asia, which will be handled by TOHO International. Additionally, a dedicated online store for Bee and PuppyCat launched in September 2022, to coincide with the series release on Netflix.

Genius Brands’ consumer products’ team will develop a consumer products retail program for Bravest Warriors, Bee and PuppyCat and Catbug, excluding Asia, which will be handled by TOHO International.

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Michael Hirsh, CEO of WOW! Unlimited Media, parent company of Frederator Network, stated: “Demand for quality animated content is greater than ever, and yet we recognize the importance of delivering productions that can stand out and provide enduring value. As illustration, I’m proud to report that the LA Times recently voted Bee and PuppyCat as one of the “20 shows our TV experts are most excited to watch this fall.” In fact, the sneak peek trailer of Bee and PuppyCat achieved over 2 million views within 24 hours and has successfully launched on Netflix. At Frederator, our mission is to foster the creativity of content creators and give them a platform to get their projects seen. We are thrilled that our productions, Bravest Warriors, Bee and PuppyCat and Catbug, are now attracting a global audience. Our partnership with Toho will allow us to further expand the reach of these two series, both in terms of distribution and upcoming consumer products.”

Hiro Matsuoka, President of Toho Co., Ltd, commented: “This new deal aligns with our long-term strategy, as we build a more effective system for distribution and licensing of our own IP. We have seen the tremendous global popularity of Bravest Warriors and the growth of Bee and PuppyCat, as well as the growing popularity of Catbug along with the overall Western Anime genre. With our production resources and distribution capabilities across Asia, complementing Genius Brands and Frederators’ expansive network in key markets around the world, we anticipate these two properties will continue to develop a global fan base as we introduce new content and merchandise.”

Andy Heyward, Chairman and Chief Executive Officer of Genius Brands, commented: “This transaction is a huge privilege for us at Genius Brands to now partner with the pre-eminent media company in Japan, and their visionary management. We believe it is a further validation of our strategic acquisition of WOW! Unlimited Media and their impressive portfolio of original content, which we can then migrate to the streamers, our own Kartoon Channel,! and media platforms around the world.”

From its start as a 2-part, 10-minute short on Frederator Networks that became an immediate hit amassing millions of views on YouTube, to a record-breaking Kickstarter campaign to launch the new Bee and PuppyCat series on Netflix, fans and critics have driven the breakout success of Bee and PuppyCat, with over 2.5M fans across all social channels. Created by Natasha Allegri (“Adventure Time”) and produced by Frederator Network (“Adventure Time” and “Castlevania”), the series’ first full season premiered on September 6 as a Netflix series. Bee and PuppyCat follows a twenty-something temp worker named Bee and her mysterious companion PuppyCat as the two travel on fantastic adventures across space while taking on various intergalactic odd jobs to help make rent.

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Created by Pendleton Ward (Adventure Time) and headed by showrunner Breehn Burns, Bravest Warriors tells the story of four teenage heroes-for-hire in the year 3085, as they warp through the universe to save adorable aliens and their worlds using the power of their emotions. Launched on YouTube in November 2012, the series rapidly grew an impressive and dedicated online fan base earning 250 million views, three million likes, and over a billion minutes watched. Bravest Warriors was the 2013 Shorty Award winner for Best Web Show and the Online Film and Video (Animation) Honoree at The Webby Awards in 2015.

The Catbug character was created by Breehn Burns and featured in the Frederator Network’s digital series Bravest Warriors. Catbug is growing rapidly into a viral, pop cultural phenomenon across social media platforms--YouTube, TikTok, Facebook, Instagram, Twitter—with videos featuring Catbug achieving over 200 million views to date and counting. Additionally, over 200 million GIFs have been created for Catbug on Giphy.

Moonbug’s Revenues Grew 148% In 2021

Moonbug Entertainment has become one of the biggest players in children’s music and YouTube videos, having rolled up brands including CoComelon, Little Baby Bum and Blippi.

Newly-published financial results reveal that its business grew strongly in 2021, with revenues growing 148% to £110.2m (which would have been around $149.2m at the end of that year). Moonbug’s gross profit grew even faster, by 159% to £81.4m.

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However, the company actually recorded a net loss for 2021 of £78.1m, which is explained by one-off exceptional costs of £93.2m related to its acquisition by Candle Media in November 2021.

Who’s that? A company co-founded by Kevin Mayer, formerly of Disney and a short stint as TikTok CEO, and backed by investment firm Blackstone Group. It paid $3bn for Moonbug in 2021.

Moonbug has a mixed history with the music industry, striking a deal with Universal Music Group in August 2021, but arousing the wrath of bodies representing songwriters in March 2022 over its approach to performing rights royalties.

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Disney, Warner Bros. Discovery And More Will Drive Original Content Spend In 2023

Disney and Warner Bros. Discovery are expected to lead the content spending race in 2023, even though the streaming industry at large is expected to cut back due to economic pressures, according to analysts.

The research firm anticipates Disney will reach $10.5 billion in original content spend this year, while WBD’s content investment will exceed $9.5 billion. But even with those companies making investments, analysts anticipates global content expenditure to increase by just 2% year-on-year in 2023 – compared to a 6% growth rate last year.

Meaning this year will likely see the slowest content spend growth in a decade – excluding the pandemic-driven content slump in 2020, said analysts. The firm added global economic headwinds will curb household spending and advertising investment, which in turn will lead media companies to implement more cost-saving measures.

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Both Disney and WBD are in the midst of refreshing their streaming strategy. Disney+ in December launched its first ad-supported tier, which comes with the same content catalog that’s offered on the premium plan. Content ranges from Disney classic movies to series franchises like “Star Wars” and “Marvel Cinematic Universe,” and Disney scored another content acquisition win in October with BBC’s “Doctor Who” series.

Whereas WBD is gearing up to combine its HBO Max and Discovery+ streaming services into one app, expected to launch this spring. In anticipation of the combined service, the company has been trimming down premium content on HBO Max. Last year, WBD halted production of some European-produced originals and subsequently cancelled a number of domestic HBO shows, such as “The Nevers” and “Westworld.”

Within spend on SVOD content alone, Ampere predicts Netflix will make up over a quarter of subscription-based original content worldwide in 2023. Netflix is particularly leaning into more international content to gain a wider distribution of viewers. For instance, the streamer is currently developing a reality game show based on its hit Korean drama “Squid Game.”

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Research analysts predicted SVOD services will see an 8% year-on-year increase in total content investment, but it will lag the 25% growth rate seen in 2022.

“Services will continue to focus on original content to compete in a crowded, cost-sensitive market, but we are already seeing a shift in content commissioning to incorporate a greater volume of cheaper unscripted formats,” Walsh stated.

New Channel Alert: WildEarth To Launch In The UK Later In The Year

Two years ago, MultiChoice launched Wild Earth TV as a pop-up channel and had proven to be a success that MultiChoice now offers it full-time. Prior to that, the brand had made plans to expand outside of African soil.

As seen last year, they were made available in the United States and parts of Europe with the UK added to the lineup of regions to source Wild Earth as the brand geared up for its 2023 debut.

Test transmissions began on the Astra 2G satellite, paving the way for the channel to join Sky. It follows Wild Earth’s recent expansion via streaming platforms and apps, including Rakuten TV, LG Channels, Roku and Plex.

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Using a combination of live broadcasting, expert naturalists, interactivity, community and a point-of-view shooting style, WildEarth says it helps millions of viewers feel remotely present in nature without increasing their footprint.

Programmes on the channel include African Sunset Safari Live between 13:30 and 17:30 GMT and Penguin Beach, a live interactive show from the Cape Coast in South Africa between 12:30 and 13:30 GMT.

Wild Earth secured an Ofcom licence to broadcast on satellite in September 2022. It is operated by a company based in Dorset.

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New Series Alert (Rumour): Presenting The Five Turkish Dramas Rumoured To Rollout In South Africa

For reasons beyond my control, I can't disclose who picked up rights to the show or the timeframe for part of these shows but if you've been following my blog for sometime then you know my number 1 picks are on the Everyday Novelas section of my site.

Last year, I mentioned a couple of shows I'd recommend for certain brands part of it not giving percentages are rumoured content but as it is I can't share much details on anything just yet.

You browse a lot of content most of which haven't watched then you get directed to areas where you find 90% of the content there is already viewed with the remaining 10% awaiting release so here it is the 5 shows rumoured for the stations near you.

1. Söz (The Oath)

Yavuz, a well-trained Turkish soldier, is in Istanbul with his fiance where a terrorist operation takes place. Bahar, who is not a surgeon, tries to save his fiance. After this incident, Yavuz goes back to Karabayir and Bahar follows him all the way to give him something that belongs to him. The series stars Tolga Saritas, Meric Aral and Nihat Altinkaya.

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2. Zemheri (Love Storm)

Firuze and Ayaz. Two beautiful heart, two family carrying children overhead. Fate brought them together. Her father's unjust conviction in the elevator accident that killed thirteen people triggered Firuze. Carrying the responsibility of being the man of the house, Ayaz is faced with Firuze, which he sacrificed for his mother when he was about to marry another.

3. Kirmizi Oda (The Red Room)

Already viewed on SABC 3, The Red Room is set in a therapist office in Istanbul, where we see vulnerable women and men who pass through to get treatment and handle their traumas and problems. It stars Binnur Kaya, Erkan Petekkaya and Evrim Alasya.

4. Ramo

The series will focus on the conflict between the two families and a great love that will flourish between this struggle. The series stars Murat Yıldırım, Esra Bilgiç, İlker Aksum and Yiğit Özşener.

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5. Elimi Birakma (Don't Let Go Of My Hand)

The story revolves around a girl named Azra who is studying abroad in America to become a professional cook just like her father. The series stars Alina Boz, Alp Navruz, Dolunay Soysert and Ebru Aykaç.