TOON receives an initial $39.2M litigation settlement payment, lifting its cash reserves above $40M, with no debt as it advances key franchise launches and growth plans.

zacks.com - 2026-07-15 10:21:11

BEVERLY HILLS, Calif., July 14, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios, Inc. (NYSE American: TOON) ("Kartoon Studios" or the "Company"), a global entertainment company creating, producing, distributing and licensing children's and family content, today announced that it has received the initial cash payment of approximately $39.2 million from its previously announced litigation settlements.

globenewswire.com - 2026-07-14 09:00:00

BEVERLY HILLS, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) (“Kartoon Studios” or the “Company”) today announced that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right for each outstanding share of common stock. The record date for such dividend distribution is July 13, 2026. The Rights Plan has not been adopted in response to any specific takeover bid or other proposal to acquire control of Kartoon Studios.

globenewswire.com - 2026-07-02 07:30:00

TOON's 35% rally has outpaced peers ANGX & NXST, but competition, volatility and execution risks may make profit-taking worth considering.

zacks.com - 2026-06-19 11:05:23

Court Enters All Settlements Reached to Date in Short-Swing Profit Recovery Action Company Well-Capitalized to Execute A.A. Milne and Stan Lee IP-Driven Growth Strategy BEVERLY HILLS, Calif.

globenewswire.com - 2026-06-17 09:00:00

Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates Kartoon Studios as "Underperform." Explore how TOON's discounted valuation is overshadowed by losses, dilution risks, funding concerns and an uncertain path to profitability.

zacks.com - 2026-06-03 13:21:06

Building on 2025 Momentum as Operating Performance Improves and the Company Scales Its IP-Driven Strategy  Distribution Revenue Climbs 15% Compared to Prior Year Period as Streamers, Kartoon Channel! and Ameba Expand Engagement and Monetization Kartoon Channel Continues Strategic Expansion of Globally Recognized Entertainment Brands With Licensing Deal for Mattel's Animated Series Masters of the Universe (2002) and American Girl (2016) Operating Costs Decline 20% as Loss From Operations Continues to Narrow Year-Over-Year Reflecting Continued Operating Discipline  Flagship Franchises, “Hundred Acre Wood” and “Stan Lee Universe”, Advance Toward Commercialization and Long-Term Monetization     BEVERLY HILLS, Calif.

globenewswire.com - 2026-05-15 08:51:00