Genius Brands International raises $11M to help fund its growing slate of kid's television shows
Genius Brands International (NASDAQ:GNUS) CEO Andy Heyward tells Proactive the brand management company that produces multimedia content for children has raised $11M in a convertible note financing to help fund its growing slate of kid's television shows.
Heyward says viewership has increased during the coronavirus pandemic, with animators working remotely to continue to create its content including Rainbow Rangers carried by Nickelodeon and Llama Llama carried by Netflix.