Kartoon Studios Advances IP-Focused Strategy with Sale of Frederator Channel Network Business
Kartoon Studios sold the Frederator Networks' Channel Network business in an all-cash transaction for $500,000 as part of a strategic realignment. The company will retain key intellectual property including Bee and PuppyCat, Bravest Warriors, Castlevania and Catbug to focus on licensing and franchise development.
Key figures
- Deal Value Usd
- 500000
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