Genius Brands shares soared Friday after the children’s media content producer said its Kartoon Channel inked its first deal with a television maker – Samsung.
The channel is now available for free on Samsung Smart TVs, Genius Brands said in a statement.
Genius Brands shares recently traded at $1.20, up 15%. They have more than quadrupled year to date.
Kartoon Channel is also now available on the Android TV app and streaming platform Roku , Genius Brands said.
“Kartoon Channel is currently available across a broad spectrum of over-the-top, advertising-based video on demand, and mobile channels, including Apple TV and iOS, Amazon Fire TV, Google Play, Comcast , Cox, Dish , Sling TV, Xumo, and streaming on the web via www.kartoonchannel.com,” the company said.
In the three months since the company launched Kartoon Channel, it has established “distribution