{"success":true,"data":{"pressRelease":{"id":"79078","rtpr_id":"nGNX5qhp93","ticker":"TOON","exchange":"NYSE American","all_tickers":["TOON"],"title":"Kartoon Studios Adopts Limited Duration Stockholder Rights Plan","author":"Globe Newswire","published_at":"2026-07-02T11:30:00.123Z","article_body":"BEVERLY HILLS, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE\nAmerican: TOON) (“Kartoon Studios” or the “Company”) today announced\nthat its Board of Directors has unanimously adopted a limited duration\nstockholder rights plan (the “Rights Plan”) and declared a dividend\ndistribution of one right for each outstanding share of common stock. The\nrecord date for such dividend distribution is July 13, 2026. The Rights Plan\nhas not been adopted in response to any specific takeover bid or other\nproposal to acquire control of Kartoon Studios.\n\nAdditional information regarding the Rights Plan will be contained in a Form\n8-K to be filed by Kartoon Studios with the U.S. Securities and Exchange\nCommission (SEC) which will be available on the SEC’s web site at\nwww.sec.gov. Copies are also available at no charge at the Investor Relations\nsection of Kartoon Studios’ corporate website at www.kartoonstudios.com.\n\nAbout Kartoon Studios\n\nKartoon Studios (NYSE AMERICAN: TOON) is a global leader in children’s and\nfamily entertainment, delivering premium content and high-value animated\nintellectual property to millions of viewers worldwide. The Company’s\nportfolio features globally recognized brands, as well as holding a\ncontrolling interest in Stan Lee Universe, and operates Mainframe Studios, one\nof North America’s largest animation producers, with more than 22,000\nminutes of award-winning programming delivered.\n\nThrough its Toon Media Networks division including Kartoon Channel!, Ameba,\nKartoon Channel Worldwide and Frederator, Kartoon Studios reaches audiences\nacross linear television, AVOD, SVOD, FAST channels, and top streaming\nplatforms. Kartoon Channel! is consistently rated as the #1 kids’ streaming\napp on the Apple App Store. With a global distribution footprint in over 60\nterritories, and a robust content pipeline, Kartoon Studios is being\npositioned for sustained growth and long-term shareholder value. For more\ninformation, visit www.kartoonstudios.com.\n\nImportant Cautions Regarding Forward-Looking Statements\n\nCertain statements in this press release which are not historical facts may\nconstitute “forward-looking statements” within the meaning of the Private\nSecurities Litigation Reform Act of 1995, as amended, and are subject to\nvarious risks and uncertainties. Words such as “anticipate,”\n“believe,” “demonstrate,” “expect,” “estimate,”\n“forecast,” “intend,” “likely” and “should” and similar\nexpressions identify forward-looking statements. Forward-looking statements in\nthis document may include, but are not limited to, the statements regarding\nbeing positioned for sustained growth and long-term shareholder value. Such\nforward-looking statements are based upon Kartoon Studios’ current plans,\nestimates, and expectations and are not a representation that such plans,\nestimates, or expectations will be achieved. Because such statements include\nrisks, uncertainties, and contingencies, actual events may differ materially\nfrom the expectations, intentions, beliefs, plans, or predictions of the\nfuture expressed or implied by such forward-looking statements. These risks,\nuncertainties, and contingencies include, but are not limited to, the\nCompany’s ability to execute its intellectual property-driven growth\nmodel; general economic and financial conditions; and the effectiveness of\nthe Rights Plan. Other potential risk factors include the risk factors\ndiscussed under the heading “Risk Factors” under ITEM 1A of Part 1 of\nKartoon Studios’ Annual Report on Form 10-K for the fiscal year ended\nDecember 31, 2025 filed with the SEC on March 31, 2026 and as updated from\ntime to time in other filings with the SEC, which are available at\nhttp://www.sec.gov. There may be other factors that may cause actual events to\ndiffer materially from the forward-looking statements. All information\nprovided in this press release is as of the date hereof and Kartoon Studios\nundertakes disclaims any obligation to update publicly any information for any\nreason, except as required by law, even as new information becomes available\nor other events occur in the future.\n\nMEDIA CONTACT:\npr@kartoonstudios.com\n\nINVESTOR RELATIONS CONTACT:\nir@kartoonstudios.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5849b8c4-2383-4cdf-8cb5-2c2e2526dab3)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5qhp93","title":"Kartoon Studios Adopts Limited Duration Stockholder Rights Plan","author":"Globe Newswire","ticker":"TOON","created":"2026-07-02T11:30:00.123Z","tickers":["TOON"],"exchange":"NYSE American","article_body":"BEVERLY HILLS, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE\nAmerican: TOON) (“Kartoon Studios” or the “Company”) today announced\nthat its Board of Directors has unanimously adopted a limited duration\nstockholder rights plan (the “Rights Plan”) and declared a dividend\ndistribution of one right for each outstanding share of common stock. The\nrecord date for such dividend distribution is July 13, 2026. The Rights Plan\nhas not been adopted in response to any specific takeover bid or other\nproposal to acquire control of Kartoon Studios.\n\nAdditional information regarding the Rights Plan will be contained in a Form\n8-K to be filed by Kartoon Studios with the U.S. Securities and Exchange\nCommission (SEC) which will be available on the SEC’s web site at\nwww.sec.gov. Copies are also available at no charge at the Investor Relations\nsection of Kartoon Studios’ corporate website at www.kartoonstudios.com.\n\nAbout Kartoon Studios\n\nKartoon Studios (NYSE AMERICAN: TOON) is a global leader in children’s and\nfamily entertainment, delivering premium content and high-value animated\nintellectual property to millions of viewers worldwide. The Company’s\nportfolio features globally recognized brands, as well as holding a\ncontrolling interest in Stan Lee Universe, and operates Mainframe Studios, one\nof North America’s largest animation producers, with more than 22,000\nminutes of award-winning programming delivered.\n\nThrough its Toon Media Networks division including Kartoon Channel!, Ameba,\nKartoon Channel Worldwide and Frederator, Kartoon Studios reaches audiences\nacross linear television, AVOD, SVOD, FAST channels, and top streaming\nplatforms. Kartoon Channel! is consistently rated as the #1 kids’ streaming\napp on the Apple App Store. With a global distribution footprint in over 60\nterritories, and a robust content pipeline, Kartoon Studios is being\npositioned for sustained growth and long-term shareholder value. For more\ninformation, visit www.kartoonstudios.com.\n\nImportant Cautions Regarding Forward-Looking Statements\n\nCertain statements in this press release which are not historical facts may\nconstitute “forward-looking statements” within the meaning of the Private\nSecurities Litigation Reform Act of 1995, as amended, and are subject to\nvarious risks and uncertainties. Words such as “anticipate,”\n“believe,” “demonstrate,” “expect,” “estimate,”\n“forecast,” “intend,” “likely” and “should” and similar\nexpressions identify forward-looking statements. Forward-looking statements in\nthis document may include, but are not limited to, the statements regarding\nbeing positioned for sustained growth and long-term shareholder value. Such\nforward-looking statements are based upon Kartoon Studios’ current plans,\nestimates, and expectations and are not a representation that such plans,\nestimates, or expectations will be achieved. Because such statements include\nrisks, uncertainties, and contingencies, actual events may differ materially\nfrom the expectations, intentions, beliefs, plans, or predictions of the\nfuture expressed or implied by such forward-looking statements. These risks,\nuncertainties, and contingencies include, but are not limited to, the\nCompany’s ability to execute its intellectual property-driven growth\nmodel; general economic and financial conditions; and the effectiveness of\nthe Rights Plan. Other potential risk factors include the risk factors\ndiscussed under the heading “Risk Factors” under ITEM 1A of Part 1 of\nKartoon Studios’ Annual Report on Form 10-K for the fiscal year ended\nDecember 31, 2025 filed with the SEC on March 31, 2026 and as updated from\ntime to time in other filings with the SEC, which are available at\nhttp://www.sec.gov. There may be other factors that may cause actual events to\ndiffer materially from the forward-looking statements. All information\nprovided in this press release is as of the date hereof and Kartoon Studios\nundertakes disclaims any obligation to update publicly any information for any\nreason, except as required by law, even as new information becomes available\nor other events occur in the future.\n\nMEDIA CONTACT:\npr@kartoonstudios.com\n\nINVESTOR RELATIONS CONTACT:\nir@kartoonstudios.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5849b8c4-2383-4cdf-8cb5-2c2e2526dab3)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-02T11:30:00.168540993Z","server_sent_at_ms":1782991800168},"received_at":"2026-07-02T11:30:00.226Z","source_url":null},"analysis":{"id":"68322","press_release_id":"79078","analysis_json":{"industry":{"label":"Media","sector":"Communication Services"},"redFlags":["Adoption of poison pill limits potential acquisition premiums","Rights plan adopted without specific takeover threat suggests management entrenchment"],"eventType":"other","narrative":"Kartoon Studios announced that its Board of Directors adopted a limited duration stockholder rights plan and declared a dividend distribution of one right for each outstanding share of common stock.\n\nThe record date for the dividend distribution is July 13, 2026, and the company clarified that the Rights Plan was not adopted in response to any specific takeover bid.\n\nAdditional information regarding the Rights Plan will be disclosed in a Form 8-K filing with the SEC.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Defensive rights plan adopted despite no immediate takeover threat."},"keyFigures":{"customDimensions":{"rights_dividend_ratio":"1:1"}},"quotedText":"The Rights Plan has not been adopted in response to any specific takeover bid or other proposal to acquire control of Kartoon Studios.","namedEntities":{"people":[],"products":["Kartoon Channel!","Ameba","Kartoon Channel Worldwide","Frederator"],"companies":[{"name":"Kartoon Studios","ticker":"TOON"},{"name":"Stan Lee Universe","relationship":"subsidiary"},{"name":"Mainframe Studios","relationship":"subsidiary"},{"name":"Toon Media Networks","relationship":"division"},{"name":"Apple","relationship":"platform"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Adoption of a shareholder rights plan (poison pill) is a defensive corporate governance action. While the company states it is not in response to a specific threat, such measures generally dilute shareholder value in acquisition scenarios and restrict potential takeover premiums."},"tickerRelevance":{"others":[],"primary":"TOON"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":["dividend"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"corporate_governance","householdBrandBoost":0}},"event_type":"other","event_type_secondary":["dividend"],"sentiment":"bearish","material_impact_score":2,"narrative":"Kartoon Studios announced that its Board of Directors adopted a limited duration stockholder rights plan and declared a dividend distribution of one right for each outstanding share of common stock.\n\nThe record date for the dividend distribution is July 13, 2026, and the company clarified that the Rights Plan was not adopted in response to any specific takeover bid.\n\nAdditional information regarding the Rights Plan will be disclosed in a Form 8-K filing with the SEC.","key_figures":{"customDimensions":{"rights_dividend_ratio":"1:1"}},"named_entities":{"people":[],"products":["Kartoon Channel!","Ameba","Kartoon Channel Worldwide","Frederator"],"companies":[{"name":"Kartoon Studios","ticker":"TOON"},{"name":"Stan Lee Universe","relationship":"subsidiary"},{"name":"Mainframe Studios","relationship":"subsidiary"},{"name":"Toon Media Networks","relationship":"division"},{"name":"Apple","relationship":"platform"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-05T03:49:57.875Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"corporate_governance","householdBrandBoost":0}},"durationMs":null,"modelName":"george-droid-qwen-72b"}}