Recent Updates — TOON

At the October 21, 2026 Annual Meeting of Stockholders, Kartoon Studios approved an amendment to its 2020 Incentive Plan, increasing the number of shares available for awards by 4,000,000. The company also reported the election of six directors and the ratification of WithumSmith+Brown, PC as its independent auditor. Kartoon Studios operates in the entertainment industry, focusing on intellectual property development and licensing.

Kartoon Studios has contracted with Walmart Marketplace to provide consumer products, including toys, books, and apparel, based on its animated series HUNDRED ACRE WOOD. The partnership is scheduled to begin on January 18, 2027, with products expected to be available concurrently with the series release. Kartoon Studios operates in the entertainment industry, focusing on animation and intellectual property licensing.

Kartoon Studios reported second quarter 2026 results driven by a $39.2 million non-recurring gain from litigation settlements, resulting in net income of $27.0 million compared to a loss of $6.3 million in the prior year period. Revenue declined 43% to $5.8 million as the company shifted away from third-party production services, while total expenses decreased 32% to $9.2 million through cost discipline and the sale of the Frederator channel network business. The balance sheet strengthened with approximately $40.5 million in cash and marketable securities and no long-term debt, alongside an additional $39.2 million remaining in escrow from settlements. Management announced a strategic transformation to focus on owned intellectual property, highlighting a new distribution partnership for the Hundred Acre Wood franchise with Amazon Prime launching February 18, 2027, and the appointment of Brooke Bacon as Senior Vice President of Consumer Products and Licensing. Kartoon Studios operates in the children's and family entertainment industry, developing, producing, distributing, and licensing content.

Kartoon Studios, Inc. announced a licensing agreement with Amazon Prime Video to stream its animated series HUNDRED ACRE WOOD, based on A.A. Milne's Winnie the Pooh, beginning February 18, 2027. The deal includes promotional support via Hero Banners and integration of Amazon’s Shop the Show program for merchandise purchases. This content distribution partnership expands the company's reach in the digital streaming market. Kartoon Studios operates as an animation studio and intellectual property management company.

Kartoon Studios, Inc. sold its interest in the Frederator Networks' Channel Network business for a $500,000 cash payment on July 17, 2026. The company will retain key Frederator Studios intellectual property, including Bee and PuppyCat, Bravest Warriors, Castlevania, and Catbug, for distribution and licensing. Kartoon Studios, Inc. is a global entertainment company that creates, produces, distributes, and licenses children's and family content.