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Local Entrepreneurs Bring Activate Games, the Fastest Growing Entertainment Concept, Home to Cambridge, ON.

Activate

Activate Games Inc., the trailblazing force behind the world’s first active gaming experience, is excited to announce the grand opening of its Cambridge location, the 5th in Ontario, on July 14, 2024. This milestone highlights Activate's rapid growth and reaffirms its status as the fastest-growing entertainment concept worldwide. Activate seamlessly blends physical activity with gaming, creating a unique experience that has captivated thrill-seekers and families alike. The company has expanded to 14 locations in Canada and 12 in the United States, with plans to enter the UK, Ireland, and Dubai in the near future. This rapid growth is a testament to the widespread appeal of Activate’s unique offering and the company's commitment to redefining entertainment. The Cambridge location holds special significance for co-founders Adam and Megan Schmidt, marking a poignant return to the community where their dream of entrepreneurship first took shape. "Expanding into Cambridge is a strategic milestone for Activate Games, reflecting our commitment to growth and innovation in the entertainment industry," said Adam Schmidt, CEO of Activate Games Inc. "This expansion allows us to reach more communities, create new jobs, and further solidify our presence as a leader in active gaming. We are excited to bring our unique, engaging experiences to even more people and continue driving the future of entertainment." "Having Activate in the Waterloo Region is a dream come true for us." said Megan Schmidt, Co-Founder of Activate Games Inc. "This opening is more than just an expansion; it's a heartfelt return to our hometown, giving us the ability to allow our family and friends the opportunity to experience Activate” Activate Games continues to set new benchmarks in the entertainment industry, offering a unique, exhilarating experience that fosters physical activity and community engagement. As Activate expands, it remains dedicated to providing unforgettable experiences for players of all ages, encouraging them to explore, compete, and thrive in an active gaming world. Information on Activate Cambridge 11,258 Square Feet Full of Fun Where: 42 Pinebush Rd Cambridge, ON N1R 8K5 - right off the ON-401, Take exit 282 Hespeler Rd/Waterloo Regional Rd 24 in Cambridge. Each game lasts 1-3 minutes, 11 different game rooms to conquer; with the full gaming experience lasting 75 minutes. Complete the waiver required for you to play in advance. Wear activewear and indoor runners. Age requirements: 4 and older. Hours: Mon-Thurs: 9:30AM - 10:00PM, Fri: 9:30AM - 11:00PM, Sat: 8:00AM - 11:00PM, Sun: 8:00AM - 10:00PM Book in advance to save time and ensure your preferred time is available. For a sneak peek into Activate’s dynamic gaming experience, and to keep tabs on the Activate Cambridge grand opening, click here. Join the Inner Circle to be the first to hear about new locations, behind-the-scenes information, deals, and more. Please find imagery assets here. ### ABOUT ACTIVATE Activate is the world’s first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 40 locations across Canada, and the U.S. To join the active gaming movement, visit Activate and follow on social media: Facebook: Activate Instagram: @activategames TikTok: @activategames Press Contact: Jive PR + Digital Jalila Singerff jalila@jiveprdigital.com (613) 614-6777 www.jiveprdigital.com Activate is the world’s first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 30 locations across Canada, the U.S. and now the world! To join the active gaming movement, visit playactivate.com. Follow Activate on social media: Facebook: Activate Instagram: @activategames TikTok: @activategames Contact Details Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://playactivate.com

July 15, 2024 09:00 AM Eastern Daylight Time

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Reid Hoffman Wished Death Upon Trump & Funded ‘Lawfare;’ He Must Be Removed from Microsoft’s Board & Defense Innovation Board

NLPC

Following the assassination attempt of former President Donald Trump in Butler, Pa. on Saturday, National Legal and Policy Center (NLPC) is calling upon tech entrepreneur Reid Hoffman to resign his seat on the board of directors for Microsoft Corporation. Should he refuse to step down, then the Microsoft Chairman and Lead Independent Director must take steps along with fellow directors to remove him. The shareholder group is also calling for Hoffman’s removal from the Defense Innovation Board (DIB), a body organized under the Federal Advisory Committee Act to make recommendations regarding technological modernization of the military. DIB is currently chaired by Michael Bloomberg. At the billionaires’ retreat in Sun Valley, Idaho, this week, Mr. Hoffman reportedly engaged in a vigorous debate with fellow tech executive Peter Thiel over how the LinkedIn co-founder’s funding of “lawfare” has turned Trump into a “martyr.” According to a report by Puck News, Mr. Hoffman responded to Mr. Thiel, “Yeah, I wish I had made him an actual martyr.” Previously, Hoffman was also widely known for introducing Jeffrey Epstein to other Silicon Valley figures. According to Luke Perlot, associate director of NLPC’s Corporate Integrity Project: “As shareholders of Microsoft, we call on Mr. Hoffman to resign, or be removed, from the board of directors. His ongoing presence on the board is a stain on Microsoft’s reputation and would implicitly condone his statements and actions.” According to Paul Chesser, director of NLPC’s Corporate Integrity Project: “Sarcasm or not, Hoffman has made clear that he doesn’t think Donald Trump has any civil rights, and that he and other billionaires should pick the president, not the American people. Some holders of great wealth seek to help the less fortunate or promote freedom and decency. Hoffman has instead sought to undermine democratic norms and values. We repeat our call that we made last year that Mr. Hoffman be removed from Microsoft’s board as well as the Defense Innovation Board.” According to Peter Flaherty, NLPC Chairman: “The Defense Innovation Board is engaged in the task of using technology to strengthen our defense in a dangerous world. It conducts serious business. It is no place for an unserious character like Reid Hoffman. For one thing, his associations with Jeffrey Epstein make him a security threat. For another, funding lawsuits by the likes of E. Jean Carroll and wishing martyrdom on Donald Trump should disqualify him from any government board or position.” Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

July 14, 2024 09:45 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues an Extensive Comprehensive Analysis of Asset Entities Inc.

Asset Entities Inc

NEW YORK, NY / NewsDirect / July 11th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Asset Entities Inc. a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company. Asset Entities Inc. (NASDAQ: ASST) has garnered significant investor attention following the strategic acquisition of the assets of TommyBoyTV and a 1-for-5 reverse stock split. Best Growth Stock's full report offers an analysis of Asset Entities Inc. (NASDAQ: ASST) operations, potential catalysts, growth drivers, financials, share structure, chart setup with support and resistance levels, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ About Asset Entities, Inc. Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X (formerly Twitter) at @assetentities. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Best Growth Stocks +1 989-274-7778 editor@bestgrowthstocks.com

July 11, 2024 08:00 AM Eastern Daylight Time

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New Verticals Catapult Forever Network into ComScore Top 25 US Media Rankings

Basketball Forever

Fueled by its new verticals for football, baseball and hockey, Forever Network, one of the fastest-growing and most engaged independent sports content brands in the world, announced today that it is now ranked in the Top 25 of ComScore’s US Media outlet rankings. Debuting at No. 24, Forever Network is ranked among media giants like Warner Bros (#1), Walt Disney (#2) and Comcast (#4). The company also marked its entrance on the list as the eighth top sports media company accompanied by sports industry stalwarts like the NBA (No. 3), NFL (No. 7), Barstool Sports (No. 11) and the WWE (No. 15). “Getting ranked so high by ComScore legitimizes the work we have put in since establishing a North American presence at the beginning of this year,” said Alex Sumsky, CEO and co-founder of Forever Network. “We couldn’t be here without our devoted team and their commitment to user experience, ensuring we are people’s go-to source and have the best content for all things basketball, football, hockey and baseball. This also provides us with a significant benchmark for measuring our success as we continue to establish ourselves as a major player in the US media market.” Including its first vertical, Basketball Forever, Forever Network has earned 3.6 billion total impressions and 356 million engagements year-to-date across its network of sports social media channels. Football Forever has been the most popular new vertical, garnering 528 million impressions since its start in April. Dugout Forever has earned 198 million impressions since its launch in March and Hockey Forever has earned 282 million since its May launch. “The popularity we have achieved and growth we have experienced since the start of this year is just the tip of the iceberg,” said Basketball Forever Chief Strategy Officer Nick Kelland. “With plans for our new soccer vertical to debut in July, we estimate that our network of channels will capture more than eight billion impressions before the year ends.” Forever Network closed a $4 million raise earlier this year to expand in North America and develop new verticals. Along with the new verticals, another key point of the raise was the development of Forever Network’s proprietary free-to-play and real-money games, V.O.A.T., Hot Hands and Streaker, which are on track to launch later this year. ABOUT BASKETBALL FOREVER Basketball Forever was founded in 2015 with a mission to celebrate the game and embrace its ability to unite people from all over the world. The brand reaches millions globally as the best source of breaking news, commentary, rumors, and culture through a uniquely social-first approach, bringing the best content to the consumer and removing the barriers between the creative and the consumer. The company is currently the top ranked global sports company amongst millennials by engagement, garnering 3.9 billion impressions yearly, with a monthly global reach of 105 million unique visitors. For more information and to subscribe, please visit: BasketballForever.com Contact Details Sterling Randle +1 801-319-6153 srandle@hotpaperlantern.com Company Website https://www.forevernetwork.com/

July 10, 2024 08:01 AM Eastern Daylight Time

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WagerWire Establishes Fantasy and Media Verticals as Independent Brands Under Parent Company Wire Industries, Inc.

WagerWire

Wire Industries, Inc., a technology and media company that owns and operates sports betting marketplace WagerWire, announced today the formal establishment of FantasyWire and the Wire Media Group as independent verticals. This expansion allows the company to operate fantasy sports products and other types of gaming independently of sports betting, while accelerating growth of its media and affiliate segments. “This is a natural evolution of our business that we have been planning ever since we founded the company in 2021 as the corporate entity Wire Industries Inc.,” said Zach Doctor, Co-Founder and CEO. “Our sports betting marketplace WagerWire has demonstrated that players love the optionality provided by a liquid and open market for active bets, while delivering significant player engagement value and cost-effective user acquisition for our partner sportsbooks. Now, we’re introducing this same economic principle to fantasy sports and other types of gaming.” FantasyWire is now a separate consumer brand operating side-by-side with WagerWire under the Wire Technologies umbrella. FantasyWire is powering the first-ever DFS pick ‘em marketplace on RealTime Fantasy Sports (RTS), and with trading also available on the WagerWire app. On the RTS marketplace, players can post their line-ups for sale at any time or buy line-ups in progress using tools like suggested prices and deal scores. The technology behind FantasyWire was nominated for Best Fantasy Innovation of 2024 by the Fantasy Sports Gaming Association (FSGA). The Wire Media Group (WMG) encompasses the company’s media network, The Wire, and affiliate marketing division, The Sports Influencers. The group was launched in 2023 by creating original content that immediately catapulted WagerWire into the national spotlight, amassing hundreds of millions of views across social platforms and capturing the attention of ESPN, CNBC, USA Today, and the New York Post. In its first year of operation, WMG was shortlisted for a Hashtag Sports Award for Best Sports Betting Content and was shortlisted again in 2024 for Best X Presence, along with FOX Sports and the NBA. Under WMG, The Wire is a content collective of top-tier creators and networks as well as original in-house content, with partners including Betr Media, Pro League Network (PLN), The Hammer Betting Network, East Coast Sports Investors, and The Gaming Juice. Content spans sports, pop culture, fantasy, sports betting, sports business, and regulatory developments. “Media is an important piece of our ecosystem as it ties all our offerings together and drives a powerful flywheel effect,” said Travis Geiger, Co-Founder and Chief Experience Officer. “Our marketplace generates a never-ending stream of interesting line-ups and bet slips that we leverage as a source of viral content, leading to organic consumer awareness and more incoming action, and finding the next big story.” Geiger continued, “Then with our creator partners, The Wire utilizes purpose-built A.I. production services to aggregate massive amounts of daily content to generate snackable clips, search-optimized articles, and data visualizations to amplify discoverability and cross-pollinate different audiences.” The company’s rapidly growing affiliate business, The Sports Influencers, also operates under the WMG division. Through a diversified strategy of social media services, events, and direct conversions, the company drives sign-ups to multiple affiliate partners, including FanDuel, Caesars, BetMGM and PrizePicks. WMG was shortlisted for SBC North America’s Sports Betting Affiliate of the Year award in 2023 and 2024. Wire Technologies is also building additional gaming verticals including PonyWire, a marketplace for horse racing bets, ContestWire for entries in survivors, pools, and brackets, and DataWire, its in-house data department developing proprietary pricing models and betting tools, as well as insightful content and data visualizations. The full Wire Industries, Inc. organizational chart can be viewed HERE. Wire Industries Inc was established in 2021 and owns and operates Wire Technologies and Wire Media Group. Wire Technologies is the company’s marketplace division including WagerWire, FantasyWire, PonyWire and ContestWire, while Wire Media Group operates their always-on media network and affiliate marketing division. The business was founded with the mission to bring a more efficient, open, and entertaining market to real money gaming of all types, unlocking value for the entire ecosystem. You can download their flagship product WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. Wire Industries is dedicated to providing a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. Contact Details Sterling Randle srandle@hotpaperlantern.com Company Website https://wire.industries/

July 09, 2024 02:36 PM Eastern Daylight Time

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B-Side Lounge: The Newest Music Venue Opens at Graton Resort & Casino

Graton Resort & Casino

Graton Resort & Casino is celebrating summer with the opening of its latest music venue, B-Side Lounge, on Thursday, July 11. Located within Bistro 101, this exciting new space will feature live entertainment, weekend DJs, Sunday brunch parties, and more. The opening line-up of live performances has something for everyone from country music to dance parties. Thursday, July 11 – NorCal native Tyler Rich kicks it off with crowd pleasing country Friday, July 12 – Official DJ of the Golden State Warriors DJ D-Sharp delivers non-stop beats Saturday, July 13 – Bay Area favorite DJ Shabazz spins the hottest tracks to keep the party jumping Sunday, July 14 – Recent American Idol sensation Kaeyra performs at a special brunch “B-Side Lounge is the new, go-to destination for entertainment,” said Lana Rivera, President of Graton Resort & Casino. "We've handpicked an incredible lineup of local and touring artists who bring their heart and soul to the stage, making every night at B-Side Lounge a special event." B-Side Lounge offers an electrifying atmosphere with a wide range of music, both old and new. The space features a glamorous full bar, premium lounge seating and a lively dance floor. The menu offers a selection of local craft beers on tap and specialty cocktails, as well as nonalcoholic drinks. Explore a variety of upcoming entertainment events at www.gratonresortcasino.com. *** About Graton Resort & Casino Graton Resort & Casino, located in Rohnert Park, California, is a premier destination for entertainment, dining and gaming in Northern California. Boasting a luxurious atmosphere and world-class amenities, Graton Resort & Casino offers guests an unparalleled experience with its diverse selection of restaurants, bars, gaming options and live entertainment venues. From thrilling gaming action to upscale dining and relaxing spa treatments, Graton Resort & Casino provides an all-encompassing retreat for visitors seeking excitement and relaxation. Resort access is limited to guests aged 21 or older. For more information, visit www.gratonresortcasino.com. ### Contact Details Landis Communications Inc. Brianne Miller +1 650-575-7727 graton@landispr.com Company Website https://www.gratonresortcasino.com/

July 09, 2024 08:01 AM Pacific Daylight Time

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WagerWire Launches Buying and Selling of Fantasy Entries in App

WagerWire

WagerWire, a sports gaming marketplace technology company serving sportsbooks and fantasy operators, today announced that buying and selling is now live in their app, available in the iOS and Google Play stores. This marks the first time that fantasy players can legally buy and sell daily fantasy Pick’em entries with the tap of a button. WagerWire users are now able to buy and sell RealTime Fantasy Sports entries on the app, with more fantasy operators to be added for trading soon. WagerWire announced their integration with RealTime Fantasy in January 2024, allowing users to sell their Pick’em lineups while in progress, including during the actual game, directly on the RTFS platform. During the NFL playoffs, the marketplace saw 12% of all DFS Pick’em lineups sell on the secondary market. “This is a paradigm shifting moment for fantasy,” said WagerWire Co-Founder and CEO Zach Doctor. “This launch represents a way to bring more ownership and control over their entries. For the first time, there is a way to cash in on your lineups even if they go on to lose - by selling it to a friend or on the open market. The excitement is palpable.” The newly launched fantasy marketplace is the latest addition to the growing technology portfolio of WagerWire’s parent company Wire Industries, Inc. Their app already hosts an array of marketplace tools for both sports betting and fantasy including stat tracking, account syncing, bet value graph builders and calculator, and social features that allow users to follow how their friends, influencers, or sharps are playing. “I’ve been playing fantasy for years, but being able to sell my DFS lineups is game-changing," said Braiden Payne, RealTime Fantasy Sports veteran user. "I’m also loving being able to buy and sell in-game and see the progress of my picks with live price suggestions. The RT marketplace in the WagerWire app takes an already great and easy-to-use experience to the next level.” WagerWire was recently shortlisted for two awards at SBC North America – Rising Star of the Year and Affiliate of the Year, in addition to EGR's Rising Star of the Year and Hashtag Sport’s Best X Presence award. WagerWire burst onto the scene in 2021 with the announcement of a high-profile seed round led by Miami Marlins co-owner Roger Ehrenberg, Eberg Capital and NBA All-Star Richard Jefferson. They are a licensed affiliate and media partner to top US sportsbooks including BetMGM, BetRivers, Caesars, FanDuel, Hard Rock Bet, SuperBook and more. WagerWire content has been viewed over 250M times in the past year and has been featured in the New York Post, USA Today, Bleacher Report, ESPN, Bloomberg and CNBC, among others. WagerWire empowers fantasy players and bettors to take control of their action and treat their fantasy lineups, contest entries, and sports bets as assets that can be bought and sold at any time. WagerWire’s proprietary GLI-33 certified marketplace technology can be directly embedded into sportsbook apps, and also powers the WagerWire app that serves as an aggregated marketplace of bets across partner sportsbooks. The WagerWire Media Network that generates engaging daily sports and betting content “By Fans, For Fans.” You can download WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. WagerWire is dedicated to providing users with a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://www.wagerwire.com/

July 01, 2024 10:01 AM Eastern Daylight Time

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Flash Appoints Chris Donus as President

Flash Parking

Flash, the leading end-to-end parking technology platform, today announced that Chris Donus, the current CFO, has been appointed president of the organization. In the newly established role, Donus will expand his focus on day-to-day operations, working closely with the leadership team to execute transformative strategies that include the expansion of Flash’s burgeoning digital demand network, EV charging and parking platform scale, and driving the company’s regionalized branch organization to deliver unmatched partner experiences. Dan Sharplin will continue in his role as Chairman and CEO, focusing on international growth, strategic transactions, and ecosystem partnerships. “This promotion reflects Chris’s exceptional leadership and expertise at this time of tremendous momentum for Flash as we rapidly scale our industry-leading parking and EV charging digital ecosystem," said Flash CEO Dan Sharplin. “In the next 24 months, we anticipate more transformation in the parking industry than we’ve seen in several decades prior. Chris has the relevant experience to ensure we execute on our priorities that allow us to drive this industry transformation.” “We are building a parking and EV charging ecosystem where a seamless driver experience benefits everyone,” said Donus. “There is an incredible amount of innovation and hard work being done across Flash to build the platform and partnerships that further our position as the leader in parking and EV Charging technology. I look forward to ensuring the value we create is incomparable in my role as President of Flash.” Before Flash, Donus served as COO and CFO at Wheel Health, a venture-backed telehealth platform developer designed to connect companies and clinicians to deliver virtual care. He also served in senior leadership roles at Lyft as VP and Business Unit leader of Express Drive, the customer-facing fleet line of business, generating over $400 million in rental revenue and over $2 billion in Lyft rides. Prior to that, he was president of Silvercar from 2015 to 2018 alongside roles as COO, from 2017 to 2018, and CFO from 2012 to 2015. He has also served in leadership roles at Freescale Semiconductor, Hertz Global Holding, and Lucent Technologies. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

June 27, 2024 10:00 AM Central Daylight Time

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Kartoon Studios Gears Up To Launch Most Ambitious Project Yet With New Winnie-The-Pooh Franchise; Backed By $30M Of Non-Dilutive Financing From Catalyst Venture Partners

Benzinga

By Meg Flippin, Benzinga Winnie-The-Pooh, the classic novel by A.A. Milne, has warmed our hearts, opened our imaginations and kept us enchanted for decades. It has also made its licensees a lot of money. After all, the franchise has generated over $80 billion in sales over the past forty years and is estimated to generate $3 to $6 billion in annual revenue for Walt Disney Co. (NYSE: DIS). It's also the subject of the next big project from Kartoon Studios (AMEX: TOON), a global company specializing in creating, producing, distributing, marketing and licensing entertainment brands. Kartoon Studios ’ Winnie-The-Pooh is the most ambitious project yet for the company, encompassing an animated holiday movie, five holiday specials and a four-year/104-episode series and 5 Holiday specials to premiere on Amazon.com Inc.’s (NASDAQ: AMZN) Amazon Prime Video, via Kartoon Channel!’s subscription service on the platform. Concurrently, the global retail program will kick off with the debut of products featuring an array of special features, distributed through Alliance Entertainment Corporation (“AEC”)(NASDAQ: AENT), which distributes to Walmart Inc. (NYSE: WMT), Barnes & Noble and Amazon. At launch, AEC will debut an exclusive steel case video package with unique bonus features as part of Kartoon Studios’ global merchandise program. The series is being financed through non-dilutive joint venture production financing of $30 million provided by WTP SPV 1, a subsidiary of Catalyst Venture Partners. “We have committed to provide $30 million to the Special Purpose Joint Venture for this exciting new version of A.A. Milne’s ‘Winnie the Pooh’ from Kartoon Studios, which is non-dilutive to any of TOON’s existing stakeholders. Being able to participate in a timeless and proven children’s classic such as Milne’s ‘Winnie-The-Pooh,’ through the production of original animated content and the licensing of consumer products from those proprietary character designs and stories, is a unique opportunity we are very excited about,” said Steven A. Horowitz, Sr. Managing Director of WTP SPV. “Andy Heyward and the team at Kartoon Studios have a long history of producing hit properties for children. An all-star array of award-winning talent across development, production, marketing, consumer products, and distribution has been assembled to manage the brand launch, and we are excited to be a part of what we are confident will be a hugely profitable and enduring business.” It Doesn’t Get Any More Iconic “Disney created an iconic and tremendously successful global brand with ‘Winnie-the-Pooh’ that we have all admired so much. When the property went into the public domain, we knew we could only undertake creating Pooh for a new generation, if we could bring a completely different and unique look that was contemporary, protectable, and gave voice to the characters and stories created by A.A. Milne, as has never been done,” said Kartoon Studios Chairman & CEO Andy Heyward when announcing the deal. “We are thrilled to launch with Amazon Prime Video, and Alliance Entertainment distributing through Walmart, Barnes & Noble, and Amazon, to deliver unique and exceptional content, as we build out a new iteration of this entertainment brand and Winnie-The-Pooh branded consumer products to the global marketplace.” Been There, Done That Kartoon Studios has a lot of experience with merchandising around a popular franchise. This spring Kartoon Studios – which is the controlling partner of "Stan Lee Universe, LLC" – unveiled a new dedicated storefront on Amazon, exclusively featuring products related to Stan Lee. This Stan Lee storefront, powered by Meteor, offers a wide range of branded apparel and merchandise adorned with graphics that pay homage to the legendary "Godfather of Comics." This new storefront further enhances the brand's connection with its digital community of passionate fans. Kartoon Studios also has a YouTube channel dedicated to everything Stan Lee for his legions of fans – “Stan Lee Presents,” now rebranded to Cinematica – which features a diverse range of content sourced from Stan’s personal archives, digital Stan Lee comic books, exclusive interviews, behind-the-scenes footage, seldom-seen historical materials as well as sneak peeks of upcoming projects from the Stan Lee Universe. Kartoon Studios plans to take a similar approach to merchandising around Winnie-the-Pooh. The Amazon series is in pre-production and will kick off with the animated Christmas movie, set to premiere December 24, 2025, on Amazon Prime Video through Kartoon Channel!’s $3.99/month subscription distribution arrangement. Alongside the movie, Alliance Entertainment will distribute steelcase videos with plush and a unique array of special features. through its retail and online partners. The company is developing its Winnie-the-Pooh content with what it says is a unique “yarn-based” design and palette for the characters and backgrounds, along with original modern stories inspired by Milne’s beloved classic books. The imagined yarn gives the characters depth and warmth, reports Kartoon Studios. The stories will be told in a “Seussian style” rhyme to provide an enriched dimension. AI In The Driver’s Seat To achieve all that, Kartoon Studios is leveraging artificial intelligence. “In designing ‘Kartoon Studios’ Winnie-The-Pooh,’ using both AI and by hand, the unique look of the characters and backgrounds could not have been imagined prior to the advent of AI in our industry,” said Heyward. “Moreover, our use of AI will enable us to bring a level of efficiency, speed to market, and creativity to the production heretofore not possible.” Kartoon Networks is aiming to lift families' spirits with Winne-the-Pooh focusing on its goodness, grounded in family, friendship, kindness and love. Those are values Kartoon Studios’ version of Pooh will showcase. If Kartoon Studios is able to replicate its prior success, the news could bring cheer to fans and investors alike. Featured photo by Annie Spratt on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 25, 2024 08:40 AM Eastern Daylight Time

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