Core Insights - Kartoon Studios and AETH Entertainment have launched a joint venture named TaleSphere Studios to produce live-action youth and family-focused entertainment [1][2] - The first project from TaleSphere Studios is a film titled "Real Santa," based on a bestselling novel, which follows a father's efforts to maintain his daughter's belief in Santa Claus [3] Company Overview - Kartoon Studios is a global leader in children's and family entertainment, known for its premium content and high-value intellectual property, with a portfolio that includes brands like Stan Lee's Superhero Kindergarten and Llama Llama [8] - AETH Entertainment is a full-service production studio that has produced over 150 films and series, focusing on creating quality content efficiently [4][10] Industry Trends - The family and children film genre is rapidly growing, with nearly one in three U.S. films that earned over $100 million at the box office in 2024 coming from this genre, up from 20 percent in 2022 [7]