Genius Brands Issue Statement

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BEVERLY HILLS, Calif., January 10, 2022 (GLOBE NEWSWIRE) – Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS), a global brand management company that creates, produces, distributes and licenses children’s entertainment content, today issued a statement that Harold Chizick and Jennifer Chizick, employees of the company’s ChizComm subsidiary, have been terminated for cause. The Company believes this decision is in the best interests of its shareholders and clients.

Business will continue as usual under the current leadership, with Donna MacNeil as President of ChizComm and Kathleen Campisano as Managing Director of Marketing and Managing Director of ChizComm Beacon Media Subsidiaries.

The Company is fully invested in the success of these subsidiaries and believes that it will be more fully realized under the leadership of Ms. MacNeil and Ms. Campisano.

About Genius Brands International
Genius Brands International, Inc. (Nasdaq: GNUS) is one of the world’s leading children’s media companies that develops, produces, markets and licenses children’s entertainment properties and consumer products for media and distribution. by retail. The Company’s “content with a purpose” portfolio includes Stan Lee’s Superhero Kindergarten, with Arnold Schwarzenegger, on Kartoon Channel! ; Shaq’s garage, with Shaquille O’Neal on Kartoon Channel! ; Rainbow rangers on Kartoon Channel! and Netflix; Llama lama, with Jennifer Garner, on Netflix; award-winning brand for toddlers genie baby; adventure comedy STEM series Thomas Edison’s Secret Laboratory; and entrepreneurship series Warren Buffett’s Secret Millionaire Club. Through licensing agreements with leading partners, Genius Brands’ intellectual property figures also appear on a wide range of consumer products destined for the global retail market. The company’s Kartoon channel! and Kartoon Classroom! are available to over 100 million US TV homes through a wide range of distribution platforms including Comcast, Cox, DISH, Sling TV, Pluto TV, Amazon Prime, Amazon Fire, Apple TV, Apple iOS, Android TV, Android Mobil, Google Play, Xumo, Roku, Tubi, YouTube, KartoonChannel.com, Samsung Smart TV and LG TV. For more information, please visit www.gnusbrands.com.

Forward-Looking Statements: Certain statements contained in this press release constitute “forward-looking statements” within the meaning of federal securities laws. Words such as “may”, “could”, “will”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “continue”, “predict”, “foresee” , “plan”, “plan”, “intention” or similar expressions, or statements regarding current intention, belief or expectations, are forward-looking statements. Although the Company believes that these forward-looking statements are reasonable, we should not place undue reliance on these forward-looking statements, which are based on information available to us as of the date of this press release. These forward-looking statements are based on current estimates and assumptions and are subject to various risks and uncertainties, including, without limitation, our ability to generate income or achieve profitability; our ability to obtain additional financing on acceptable terms, if any; the potential issue of a significant number of shares, which will dilute our shareholders; fluctuations in the results of our operations from period to period; general economic and financial conditions; our ability to anticipate changes in popular culture, media and films, fashion and technology; competitive pressure from other content distributors and within the retail market; our dependence on and relationships with third party production and animation studios; our ability to market and promote our products; our reliance on third parties to promote our products; our ability to keep pace with technological advances; our ability to protect our intellectual property and other risk factors set out in the “Risk Factors” section of the Company’s most recent annual report on Form 10-K and in the Company’s subsequent filings with Securities and Exchange Commission (the “SEC”). Thus, the actual results could be materially different. The Company expressly disclaims any obligation to update or modify statements, whether as a result of new information, future events or otherwise, except as required by law.

CONTACT WITH THE MEDIA:
[email protected]

INVESTOR RELATIONS CONTACT:
[email protected]

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