February 14, 2024 - aNb Media, Inc.

Kartoon Studios and Penguin Young Readers Launch New “Llama Llama” Merchandise Retail and Charitable Program at Kohl’s

Kartoon Studios, Inc (NYSE American: TOON) evergreen brand “Llama Llama” partners with Penguin Young Readers and KOHL’s to launch new back-to-back nationwide retail promotions featuring book and plush products from the bestselling “Llama Llama” franchise, as part of the popular Kohl’s Cares program. Additionally, Kartoon Studios has added two new plush toy licensing partners to a growing roster, Spirit and YOTTOY, further building the brand’s U.S. merchandise program.

PBS KIDS Launches Civics Content Initiative in 2024

Beginning this year, PBS KIDS is rolling out a full slate of civics-themed content. The effort will span across a range of both new and existing series aimed at encouraging viewers to get involved in their communities and learn more about what’s happening around them. The programming, which will expand on PBS KIDS’ Social Studies learning goals, will feature a second season of hit shorts series, City Island, and two new music video series, City Island Sings and Together We Can (w.t), created with Sesame Workshop. PBS KIDS is also in development with TIME Studios on a live-action shorts series supporting civic engagement through media literacy.

The Highly Anticipated L.O.L. Surprise! Loves Crayola Collaboration Hits Retailers Worldwide

Late in 2023, MGA Entertainment (MGA) and Crayola proudly announced a multi-year licensing agreement for MGA Entertainment to produce and distribute Crayola-inspired dolls and licensed merchandise globally under its L.O.L. Surprise! Loves brand. The all-new L.O.L. Surprise! Loves Crayola line-up popped up in toy aisles this month with the cutest, color-filled, limited-edition tots and a giant crayon-shaped L.O.L. Surprise! Loves Crayola Color Me Studio, poised to become the season’s must-have collection.

News

Hasbro Reports Q4 and Full Year 2023 Financial Results

Hasbro, Inc, a leading toy and game company, has reported financial results for Q4 and full year 2023. “Guided by our strategy of ‘Fewer, Bigger, Better,’ we had important wins across both toys and games while making progress in our transformation during a challenging 2023. Despite the macroeconomic backdrop, we are entering 2024 with a healthier balance sheet, a leaner cost structure, and a diverse portfolio of industry-leading toy and game brands that support our capacity to invest in the business and maintain our commitment to returning cash to shareholders via our category-leading dividend,” said Chris Cocks, Hasbro chief executive officer. “Our refreshed leadership team is bringing innovative new products to our fans. At the same time, we are taking the necessary actions to transform Hasbro and deliver long-term profitable growth starting with driving significant profit growth across our segments in 2024 and building momentum in our innovation pipeline between now and 2025.”