Genius Brands International’s Rainbow Rangers Toys from Mattel to Debut at Walmart Stores in August
Mattel to Release Toy Line Based on Characters from the Hit Animated Series on Nick Jr.
Genius Brands International, Inc. (NASDAQ: GNUS) announced today that its Master Toy Partner, Mattel, Inc., will debut the first toy line at Walmart stores for the original preschool brand, Rainbow Rangers. The toys will feature characters—Rosie Redd, Mandarin Orange, Anna Banana, Pepper Mintz, Bonnie Blueberry, Indigo Allfruit, Lavender LaViolette and Floof—from the popular Rainbow Rangers series, currently airing on Nick Jr. in the U.S. and key territories around the world. Each unique and diverse character represents a superpower, including super strength, music power, animal whisperer, invisibility, super vision, super speed, micro-power!
BEVERLY HILLS, Calif., May 05, 2020 -- Genius Brands International, Inc. "Genius Brands" (NASDAQ: GNUS)
announced today that its Master Toy Partner, Mattel, Inc., will debut the first toy line at Walmart stores for the original preschool brand,
Rainbow Rangers.
The toys will feature characters — Rosie Redd, Mandarin Orange, Anna Banana, Pepper Mintz, Bonnie Blueberry, Indigo Allfruit, Lavender LaViolette and Floof — from the popular
Rainbow Rangers series, currently airing on Nick Jr. in the U.S. and key territories around the world. Each unique and diverse character represents a superpower, including super strength, music power, animal whisperer, invisibility, super vision, super speed, micro-power!
“I have said many times that toys are the key category of licensed products for a property like
Rainbow Rangers, and this new line from Mattel signals a very big step for the brand. The SKU is well priced to the current retail environment and represents tremendous value to the kids who love our show. With the addition of the new toy line, we now have licensed product in the market ranging from $1.50 all the way to $109.99 MSRP in a variety of different product categories,” stated Andy Heyward, Chairman & CEO, Genius Brands. “We are extremely proud of
Rainbow Rangers, which delivers positive messaging of empowerment, teamwork, friendship and environmental responsibility, and we are continuing to work with our licensing partners, like Mattel, to develop new products that bring the series to life and provide additional ways for our young fans to engage with the brand.” He added, “I think it is particularly important in these times to note that kid’s entertainment viewing is one of the few areas of commerce that is actually growing! We look forward to the consumer products driven by that to follow.”
Additional
Rainbow Rangers branded products at retail include two DVDs from Distribution Solutions available at Walmart and Target stores nationwide, as well as online at Amazon; costumes and accessories at online retailers, including Walmart, Amazon, Party City and halloweencostumes.com; apparel from Bentex on Amazon; storybooks from Macmillan Publishing at Target.com, Walmart.com, and Barnes & Noble; bicycles from Dynacraft at Walmart.com and Kohl's.com; and stationery items from Inkology on Amazon.
Featuring engaging storylines rooted in themes of empowerment, diversity, friendship, and sustainability,
Rainbow Rangers is a rescue-based series that follows the adventures of seven girls who are Earth’s first responders, protecting people, animals, resources, and the natural beauty of our world. The series boasts a unique and highly-accomplished team of creators from the animated motion picture and television worlds, including Rob Minkoff (Disney’s
The Lion King director), Shane Morris (Disney’s
Frozen co-writer), Tim Mansfield, and New York Times Bestselling author and Emmy Award-nominated writer Elise Allen (
Dinosaur Train,
Lion Guard,
Barbie specials), who serves as head writer and co-creator. Multiple Emmy Award-winning director Michael Maliani directs the series, and Genius Brands' Chairman and CEO and multiple Emmy Award-winning producer, Andy Heyward, serves as executive producer.
More Nick: Rainbow Rangers Wash Your Hands Coronavirus PSA | #KidsTogether | Rainbow Rangers!
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
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 Genius Brands Network of channels, including
Kid Genius Cartoon Channel,
Baby Genius TV, and
Kid Genius Plus!, are available on over 200M mobile devices and in over 100M U.S. television households via a multitude 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.
Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Update (5/13) - Official Genius Brands International, Inc.
press release:
Genius Brands International Issues Shareholder Letter
BEVERLY HILLS, Calif., May 13, 2020 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. “Genius Brands” (NASDAQ: GNUS), the global brand management company that creates and licenses multimedia entertainment content for children, released a letter to shareholders from Chairman & CEO Andy Heyward. The complete letter follows.
Dear Friends and Shareholders:
Genius Brands International’s news last week regarding the launch of our new KARTOON CHANNEL!, which is available in over 100 million U.S. television households and across 200 million mobile devices, is a turning point in the life of our company, at a turning point in time of our economy.
Kartoon Channel! is what we like to call a ‘Netflix for kids’, except it is free. There is no subscription fee. It is fully ad-supported. It is a pure cartoon play, with no ‘natural predators’, and what one of our board members described as an "economic vaccine for COVID-19."
During these times, when kids are home from school and viewing is dramatically increasing, Kartoon Channel! provides a parent friendly schedule grounded with core animated programs that have learning and curriculums, as well as entertainment value, in them, e.g. Warren Buffett's Secret Millionaires Club (financial literacy), Thomas Edison's Secret Lab (STEM), Young Martha and Friends (creativity--cooking, gardening, crafts, DIY).
In addition, Kartoon Channel! has acquired a large (almost 4,000 episodes!) and carefully curated number of animated programs ranging from Archie’s Weird Mysteries to Minecraft; Journey to the End, to Gummy Bear and Friends, that are safe, fun, and without violence, negative stereotypes, or objectionable language.
Though we can't compare ourselves to linear cable channels, it should be noted that when Disney Channel, Nickelodeon, and Cartoon Network all went on the air, they started with a 10 million order of magnitude subscribers. Kartoon Channel! is an 'on-demand' channel which means like Netflix, we offer a menu of offerings and the viewer then determines which program he or she chooses to watch. Having said the above, when Kartoon Channel! goes live on June 15, it will be available in over 100 million U.S. television households, and over 200 million mobile devices. All free to the viewer. All ad-supported.(with the exception of a small tranche of platforms, where the viewer can elect an SVOD option with no commercials) If you have Amazon Prime, you can see it. If you have Apple TV, you can see it. If you have Comcast, Cox, or DISH and Sling TV, you can see it. I cannot recall any children’s channel ever starting with such complete distribution, on Day 1, and let alone, at a time when the demand could not possibly be higher. Those of us with young kids (as I do) have seen this more clearly than anyone. Kids are staying home and viewing the same shows over and over, but hungry for something different. Parents are searching for new content, often looking for ways to enrich their kids from home with something fresh and original.
While all of the above was occurring with Kartoon Channel!, it should be noted that last Tuesday we also announced that our RAINBOW RANGERS toys from Mattel, based on our hit series on Nick Jr., will hit Walmart stories in August beginning with a multipack of Rainbow Rangers figures. Over 350 other licensed consumer product SKUs are due too, some of which are now already on Amazon.com, Walmart.com, and Target.com.
It has been a busy week and an exciting week for Genius Brands, and with all of this news, there was a surge of activity buying Genius Brands shares, and the stock price rose as a result. Based on that, we did a cash raise to provide adequate ‘gunpowder’ to fund new episodes of RAINBOW RANGERS on air, to coincide when toys go on shelf at Walmart in August, as well as have funds to ensure first-class build-out of Kartoon Channel! when we go live on June 15, including not only content acquisitions and marketing, but on-air branding--bumpers, graphics, and musical stings, etc.
It is a huge opportunity on a 'rising sea', and as we have witnessed from Netflix and Disney+ recently, on-demand viewership is rising dramatically, and we look forward to filling this need with a powerful new driver, Kartoon Channel!
This is an extraordinarily exciting time for Genius Brands and its assets. More than ever we are being thoughtful on how to harness the momentum of increasing viewership, and the accompanying advertiser revenue, alongside the power of the brands we have and are bringing forth.
Standby… More news will be coming soon!!!
Sincerely,
Andy Heyward
Chairman & CEO
Genius Brands International, Inc.
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More Nick: Nickelodeon Launches #KidsTogether--A Global Prosocial Initiative to Help Kids and Families Stay Informed and Engaged With Activities; Noggin to be Offered Free to Kids in Need in Partnership with National Head Start Association and First Book
Originally published: Wednesday, May 06, 2020.
Additional source: TVKIDS.
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