Acquisition Creates an End-to-End Animation Ecosystem

By: Dylan Sikes – AllPennyStocks.com News

Thursday, April 7, 2022

By adding captive, in-house animation production, this firm is expecting to drive significant cost synergies and drive increasing shareholder value, by producing and bringing new brands to market.

Genius Brands International, Inc. (Nasdaq: GNUS) today announced it has completed the acquisition of WOW! Unlimited Media Inc. (TSX-V: WOW), creating an end-to-end animation ecosystem, including highly profitable titles.

This acquisition is expected to provide immediate and continuing financial benefits with strong future revenue—a 31% increase over the same period last year is expected.

Shares of WOW closed Wednesday at $1.45, GNUS closed at $0.9301.

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Acquisition Creates an End-to-End Animation Ecosystem

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