Kartoon Studios Chairman and CEO Provides Letter to Shareholders Following Announcement of "Kartoon Studios Winnie-The-Pooh" and $30m of Non-Dilutive Production Funding

Core Points - Kartoon Studios announced a new production titled "Kartoon Studio's Winnie-The-Pooh" and secured $30 million in nondilutive production financing led by Catalyst Venture Partners [1] - The company has a diverse IP portfolio that includes original animated content featuring well-known brands and personalities [2] - In 2022, Kartoon Studios acquired WOW! Unlimited Media and became the largest shareholder in Your Family Entertainment AG, enhancing its position in the animation industry [3] - The company's digital distribution network, Toon Media Networks, includes Kartoon Channel!, Frederator Network, and Ameba, providing extensive reach across various platforms [4]