Buy It or Sell It? Genius Brands International (NASDAQ:GNUS) Issues Important Updates

Genius Brands International (NASDAQ:GNUS) is gaining momentum Tuesday’s trading session as the stock has been moving up after a long consolidation.

Market Action

As of 11:50, GNUS stock jumped 2% to $1.80 with more than 2.88 million shares, compared to its average volume of 25.97 million shares. The stock has moved within a range of $ 1.7500 – 1.8000 after opening the trade at $1.76.

Genius Brands Appoints Never Wrong Toys as Global Master Toy Partner for Hit Animated Series “Rainbow Rangers”

• Genius Brands International, Inc. “Genius Brands” (Nasdaq: GNUS) and Never Wrong Toys, a subsidiary of China’s leading toy manufacturer Markan Industrial Group Ltd., jointly announce the appointment of Never Wrong Toys as global master toy partner for the animated series, Rainbow Rangers, available for streaming now on Kartoon Channel!, and from July on Netflix in the U.S., Canada, U.K., Australia, New Zealand, and the Middle East.,
• Amazon Prime Direct in U.S. and U.K., and HBO Max Lat Am, joining Nick Lat Am, as well as key broadcasters around the world including CCTV (China), Televisa (Mexico), Treehouse(Canada), Cartoonito (Italy), Nine Network (Australia), TVNZ (New Zealand), and HOP (Israel), among others.
• Genius Brands and Never Wrong Toys will collaborate to develop a broad range of preschool products in the toy category, including dolls/figures, playsets, plush, vehicles, technology and interactive toys, musical toys, role play and much more. The toy line is anticipated to hit the retail market in Q1 2022 to coincide with the premiere of season three of Rainbow Rangers, exclusively on Kartoon Channel! “As season three readies for launch on Kartoon Channel! in the fall, season one will begin rollout on Netflix and Amazon Prime Video Direct beginning this July. We are seeing increasing demand across social media for more ways to interact with the characters and stories of this highly engaging series about seven diverse girls with seven different powers who work together to protect the planet and its animals,” commented Harold Chizick, President Global Content Sales, Marketing & Consumer Products, Genius Brands.