BEVERLY HILLS, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios' (NYSE:TOON) today provided a letter to shareholders from the Company's Chairman and CEO, Andy Heyward, following the landmark announcement of its new production, "Kartoon Studio's Winnie-The-Pooh," as well as the non-dilutive production financing of $30 million, led by Catalyst Venture Partners. The full shareholder letter is available here: https://www.kartoonstudios.com/blog About Kartoon Studios Kartoon Studios (NYSE:TOON) is a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands. The Company's IP portfolio includes original animated content, including the Stan Lee brand, "Stan Lee's Superhero Kindergarten," starring Arnold Schwarzenegger, on Kartoon Channel! and Ameba; "Shaq's Garage," starring Shaquille O'Neal, on Kartoon Channel!; "Rainbow Rangers" on Kartoon Channel! and Ameba; the Netflix Original, "Llama Llama," starring Jennifer Garner, and more. In 2022, Kartoon Studios acquired Canada's WOW! Unlimited Media, along with its subsidiary, Mainframe Studios, which is one of the most successful animation service houses in the world, producing top brands for 3rd parties, including "Cocomelon," "Barbie's Playhouse," Unicorn Academy," and "SuperKitties." Additionally, the company made a strategic investment becoming ...