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Kartoon to Boost Production

Kartoon Studios (NYSE: TOON) announces a significant increase in content production and development planned for 2024 for the Company’s Kartoon Channel!, Frederator Networks, Mainframe Studios, as well as major broadcasters and streamers, including Netflix, Disney Channel, and others. The Company has also appointed Gregg Goldin, former creative executive at DreamWorks Animation, Cartoon Network and MTV, to the newly created position of Senior Vice President, Development & Production.

Kartoon Studios kicks off 2024 with a roster of properties in production and/or development, including Stan Lee’s Cosmic Crusaders and three series for Frederator Networks: Land of Boggs; Chikn’ Nuggit, in partnership with BuzzFeed Animation Lab; and an adult animated comedy series in partnership with Wheelhouse DNA, starring internet sensation Adam W, who was named one of “The 20 Most Influential Creators” by Rolling Stone Magazine with over 50 million followers across his channels.

Monday morning’s news release revealed Goldin joins Kartoon Studios with over 20 years of experience in animation and live-action content development and production, overseeing highly successful movies and series across multiple genres, including DreamWorks Animation’s blockbuster franchises How to Train Your Dragon, Kung Fu Panda, and Fast & Furious

In this new role, Goldin will be responsible for heading up development and production for both new and original IP to deliver to the marketplace. Goldin will report jointly to Kartoon Studios’ Chairman & CEO Andy Heyward and COO Michael Jaffa.

TOON shares closed Friday trading at $1.13.

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