From GlobeNewswire: 2025-03-31 09:10:00

Kartoon Studios reported a decrease of 57.4% in operating expenses in 2024, with an improved operating loss of 76.5%. The company continues to see growth in viewers, platforms, revenue, and profitability, leading all streamers in viewer rankings on the Apple App Store.

The Family and Kids’ Ad Unit, Beacon Media Group, achieved profitability in 2024 through high-efficiency ads and data-driven strategies. Upcoming animated series like Hundred Acre Wood’s Winnie and Friends, and Stan Lee Universe’s The Excelsiors, are set for broad launches in 2025 and 2026.

Mainframe Studios, the largest revenue-generating unit of Kartoon Studios, saw a 44.7% revenue increase in Q4 2024 compared to Q4 2023. The studio produces hit shows like Barbie, Coco Melon, and Unicorn Academy, positioning it as a cornerstone of long-term growth strategy.

Kartoon Channel! remains the #1 ranked streamer on the Apple app store, surpassing YouTube Kids and Netflix. The channel is available in the US and 61 international markets, reaching over 1.5 billion viewers worldwide. Frederator Networks also turned profitable in 2024, generating billions of views across YouTube.

Kartoon Studios continues to focus on global content strategy, expanding into new markets in Asia, Europe, and Latin America in 2025. The studio is set to launch upcoming properties like Winnie and Friends and The Excelsiors with an eye on international growth and revenue streams.

Kartoon Studios is poised for revenue growth and sustained profitability in 2025, with plans for new shows, strategic investments, and global expansion. The studio’s commitment to safe and positive content for children and families remains a top priority for future growth and shareholder value.



Read more at GlobeNewswire:: Kartoon Studios Reports Strong Business Results with 8.2%