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Press Releases
- Posted on Thursday March 16, 2023
Brentnall to Manage Day-to-Day Operations of Emerging E-commerce, Entertainment and Editorial Hub for Adults & KidsBOCA RATON, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), and Curiosity Ink Media, its Hollywood-based original intellectual property (IP) division, today announced that veteran marketing professional Savannah Brentnall, has been named General Manager of Santa.com, the company’s virtual North Pole dedicated to easing Christmastime through helpful editorial content and its massive storefront where consumers shop for the holidays. The appointment of Ms. Brentnall was made jointly today by Grom Social Enterprises, Inc.’s Chief Executive Officer and Founder, Darren Marks, and Chief Executive Officer of Curiosity Ink Media, Jared Wolfson. In this newly created position, Ms. Brentnall will tap into her deep experience to lead all facets of e-commerce, editorial, revenue generation, audience cultivation and advertising/partner relations for Santa.com. Ms. Brentnall, a demonstrated marketing leader known for ground-breaking end-to-end marketing and growth campaigns for both business-to-business (B2B) and business-to-consumer (B2C), will also tap into her background in product marketing in the tech industry to help drive Santa.com forward in cultivating highly targeted audiences and driving attendant revenue opportunities. “Christmas came early this ...
- Posted on Wednesday March 08, 2023
Grom Subsidiary Tapped to Bring Animation Production Expertise to Second Season of Hit Emirati Kids’ Comedy SeriesBOCA RATON, Fla., March 08, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary Top Draw Animation (“TDA”), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to season two of Mansour, the emerging animated hit series from Bidaya Media, the production team behind Iftah Ya Simsim, the Arabic language version of Sesame Street. The assignment was announced jointly today by TDA’s President, Russell Hicks, and Bidaya Media’s CEO, Nabil El Jisr. “With rich characters, compelling storylines and top-shelf animation, Bidaya Media has crafted the perfect hit series,” said Hicks. “The dedicated animation experts and artists in our Manila studio are energized to bring season two of Mansour to its growing fan base as the series continues its upward climb. We are thrilled to secure another major win for Top Draw which continues to be a ...
- Posted on Thursday February 02, 2023
Action-Packed Adventure to Save Christmas Slated to Commence Production This YearBOCA RATON, Fla., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that Curiosity Ink Media, the company’s original content generator and prolific storytelling division, and international global production and distribution powerhouse, Toon2Tango GmbH & Co. KG (“Toon2Tango”), have confirmed their previously announced animated holiday special – Santa.com (working title) – will begin production later this year as the film is readied for theatrical distribution and release in time for Fall 2025. Curiosity Ink Media and Toon2Tango, also in partnership on two preschool properties, Hey Fuzzy Yellow! and Baldwin, are nearing completion of financing on the film and will jointly oversee the development of all three projects concurrently. The commencement of the preparation of Santa.com’s production was announced today by Curiosity Ink Media’s Chief Executive Officer, Jared Wolfson, and Toon2Tango Chief Executive Officer, Ulli Stoef. Santa.com and Hey Fuzzy Yellow! represent two of the marquee offerings the partnership will feature during Kidscreen Summit 2023, a gathering of more ...
- Posted on Wednesday January 25, 2023BOCA RATON, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that it has entered into a securities purchase agreement with a single institutional investor to raise gross proceeds of approximately $3.0 million through the private placement of 1,327,434 shares of common stock (or pre-funded warrants in lieu thereof), and warrants to purchase 2,323,010 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold together with accompanying warrants at a combined effective purchase price of $2.26 priced at-the-market under Nasdaq rules. The pre-funded units will be sold at the same price less the pre-funded warrant exercise price of $0.01. The warrants will be immediately exercisable from the date of issuance at an initial exercise price of $2.26 per share, subject to adjustments as set forth therein, and will expire five years from the date of issuance. The closing of the private placement is expected to occur on January 27, 2023, subject to the satisfaction of certain customary closing conditions set ...
- Posted on Tuesday January 17, 2023Curiosity and Global Production & Distribution Group – Toon2Tango – to Co-Produce Groundbreaking New Preschool Series with Broad Brand Extension OpportunitiesBOCA RATON, Fla., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that Curiosity Ink Media, Grom’s original content generator and prolific storytelling division, has acquired an equity stake in Hey Fuzzy Yellow!, an emerging original musical series and franchise entertainment brand for preschoolers. In securing the stake, Curiosity and Grom are partnering with international global production and distribution powerhouse, Toon2Tango GmbH & Co. KG, to co-produce the franchise’s centerpiece series. Hey Fuzzy Yellow!, created and developed by Måns Swanberg and Toon2Tango, expertly blends original music, comedy and edutainment curriculum for preschoolers, will pursue ancillary brand extensions that advance the show’s goal of imparting important and accessible life lessons while encouraging critical thinking skills through exploration and play. Hey Fuzzy Yellow! has secured financing and programming commitments from several international broadcasters and is planned to enter production this year. Additionally, pre-sales for the property will continue in February, when ...
- Posted on Tuesday January 10, 2023BOCA RATON, Fla, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today issued a letter to shareholders from Darren Marks, its Chairman and Chief Executive Officer. Dear Fellow Shareholders, On behalf of our entire organization, we hope that you enjoyed a magical holiday season and we wish you all health, happiness, and success in the New Year. Fiscal 2022 was a foundational year for Grom as we fortified our core businesses to drive growth and future profitability. We remained steadfast to our values and primary objectives to provide safe, secure platforms and environments for kids to interact and explore; to deliver world class animation services; and to bring fun, novel, and authentic kids & family entertainment properties to life. The qualitative milestones that we achieved throughout the year established the base upon which we will build a successful enterprise, which is ultimately measured by the value that we create for our shareholders over the long term. An Emerging Opportunity ...
- Posted on Tuesday December 13, 2022BOCA RATON, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today closed its previously announced underwritten public offering of 1,415,682 units (the “Units”) at a price to the public of $2.89 per Unit and 314,422 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.889 per Pre-Funded Unit for aggregate gross proceeds of approximately $5.0 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each Unit consisted of one share of common stock and two warrants, each to purchase one share of common stock for $2.89 per share immediately until the fifth anniversary of the issuance date. Each Pre-Funded Unit consisted of one pre-funded warrant and two warrants identical to the warrants included in the Units. The pre-funded warrants are exercisable for one share of common stock for $0.001 per share immediately until all of the pre-funded warrants are exercised. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 259,515 Units or Pre-Funded Units solely to cover ...
- Posted on Thursday December 08, 2022BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (the “Company”), today announced the pricing of a public offering of 1,415,682 units (the “Units”) at a price to the public of $2.89 per Unit and approximately 314,422 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.889 per Pre-Funded Unit. Each Unit consists of one share of common stock and two warrants, each to purchase one share of common stock. The warrants will have an exercise price of $2.89 per share, are exercisable immediately upon issuance, and will expire five years following the date of issuance. Each Pre-Funded Unit consist of one pre-funded warrant and two warrants identical to the warrants in the Unit. The pre-funded warrant is exercisable for one share of common stock for $0.001 per share immediately until all of the pre-funded warrants are exercised. The closing of the offering is expected to occur on or about December 13, 2022, subject to the satisfaction of customary closing conditions. EF Hutton, division of Benchmark Investments, LLC is acting as the sole book running manager for the offering. The gross proceeds to the Company from the ...
- Posted on Thursday December 08, 2022BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that its Chairman and CEO, Darren Marks, is the featured guest on The Wall Street Resource podcast hosted by Jeff Kone. In the podcast, Marks provides a corporate overview of Grom, highlighting the Company’s ongoing expansion from its roots in offering a safe social media platform for kids, web filtering solutions for schools and animation production. Grom’s near-term growth initiatives include leveraging the Company’s catalog of original intellectual property (IP) secured through its 2021 acquisition of Curiosity Ink Media, an LA-based company dedicated to developing and producing original content for kids and families. To access the audio interview, click here: https://thewallstreetresource.com/webcasts/ For more information on The Wall Street Resource, please contact interviewer Jeff Kone at info@thewallstreetresource.com. About Grom Social Enterprises, Inc.Grom Social Enterprises, Inc. (NASDAQ: GROM) is a growing social media platform and original content provider of entertainment for children under 13 years of age, which provides ...
- Posted on Thursday December 01, 2022
How the Gherkins Stole Christmas Counts Down to the Big Day, Revealing a New Cat-tastic Animated Chapter Every Day Beginning December 1 through Christmas DayBOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM), Curiosity Ink Media – its original story telling subsidiary that weeks ago threw open the doors to digital holiday venue, Santa.com announced today the launch of the site’s new Yuletide Advent Calendar, How the Gherkins Stole Christmas, based on the wildly popular Cats vs. Pickles franchise. Packed with feline fun, pickle hijinks and exciting cliffhangers, the story will roll out in 25 pickle-tastic chapters that will captivate kids and keep families laughing together as the big day approaches. The animated Christmas countdown calendar, courtesy of an exclusive partnership between Curiosity Ink Media and Cepia Entertainment, was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. Bringing the hilarious adventures of the beloved Cats vs. Pickles world to the holiday season, How the Gherkins Stole Christmas is a heartwarming, original tale, penned by acclaimed children’s author, Darren Farrell. In the spirit of a classic ...
- Posted on Tuesday November 29, 2022BOCA RATON, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, has engaged international investor relations specialists MZ Group (“MZ”) to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Grom management to develop and implement a comprehensive capital markets strategy designed to increase the Company’s visibility throughout the investment community. The campaign will highlight Grom’s portfolio of offerings that feature safe social media for children under 13 and a catalog of intellectual properties designed to serve the entertainment needs of today’s kids and families through films, TV series, publishing and consumer products, and international distribution. MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors and maintains offices worldwide. Brooks Hamilton, Director at MZ North America, will advise Grom’s IR team in all facets of investor relations including the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets. ...
- Posted on Monday November 28, 2022
Grom’s Curiosity Ink Media Gets Into the Holiday Spirit with Exclusive, Limited Edition Handcrafted St. Nick Ornament for Early Shoppers First 250 Visitors Who Purchase $150 or More Receive Hand-Crafted 2022 Santa Ornament Valued at $59.99 BOCA RATON, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM), Curiosity Ink Media – its original story telling subsidiary that weeks ago threw open the doors to digital holiday venue, Santa.com – is celebrating Cyber Monday today by offering the first 250 shoppers who purchase $150 or more in the site’s e-commerce marketplace will receive a limited-edition, handcrafted glass Santa Claus ornament valued at $59.99 USD. The exclusive offer was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. The delicately hand-painted glass ornament depicts a jolly St. Nick holding a bow-topped gift. The trim of his hat, coat and belt are dusted with fine, white glitter and the back of the ornament has a gold stamp identifying it as a Santa.com 2022 limited-edition product. Lovely on the Christmas tree or showcased alone, the Santa.com ornament comes in a beautifully ...
- Posted on Wednesday November 23, 2022
Immersive Experience from Grom’s Curiosity Ink Media Holiday Site Brings Christmas Magic Through Free, Face-to-Face Santa ChatsBOCA RATON, Fla., Nov. 23, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM), Curiosity Ink Media – its original story telling subsidiary that weeks ago threw open the doors to digital holiday venue, Santa.com – today debuted ASK SANTA, an AI-driven virtual experience that allows kids to engage with Santa Claus, anytime, 24/7, on mobile or desktop devices. Powered by industry-leading AI-powered conversational video technology from StoryFile, ASK SANTA, offers parents a safe, convenient alternative to mall visits and long lines. The unveiling of ASK SANTA was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. To experience ASK SANTA, click here: santa.com/kids/talk-to-santaFor a special message from Santa, click here: Ask Santa Preview ASK SANTA, designed for kids of all ages, is available by accessing the virtual North Pole section of Santa.com, a winter wonderland brimming with Yuletide-themed games and activities. The experience allows kids to speak with St. Nick from the comfort and safety of their homes, while giving ...
- Posted on Tuesday November 15, 2022
PAWsome PUPpets! Comes to Booksellers Everywhere in January 2023BOCA RATON, Fla., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM) Curiosity Ink Media announced today that its first activity book based on the wildly popular PAW Patrol® preschool franchise, PAWsome PUPpets!, will debut in the new year, hitting bookshelves everywhere in January 2023. The softcover activity book, brimming with colorful pages featuring the popular team of brave rescue pups, produced and packaged by Curiosity Books, will be published with Dynamite Entertainment as part of an ongoing partnership to bring both licensed properties and original stories to readers of all ages. The book release was announced jointly by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. and Nick Barrucci, Dynamite CEO and Publisher. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. PAWsome PUPpets! contains 48 full color pages, which enable preschoolers to create their own PAW Patrol® puppets with step-by-step illustrated instructions that guide them through the "paws on" process. The puppets are created using age-appropriate and easily accessible materials and tools, requiring only limited assistance from adults. The book comes with punch-outs of the signature characters' facial ...
- Posted on Wednesday November 02, 2022Grom Educational Services to Offer Radix TeacherView Alongside NetSpective Web Filtering SolutionBOCA RATON, Fla., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) today announced that its subsidiary dedicated to helping schools safeguard students using the internet and wi-fi in learning environments – Grom Educational Services, Inc. – has teamed up with tech management company, Radix, to offer Radix TeacherView, an award-winning, cloud-based management education solution that will be offered to schools and districts alongside Grom’s NetSpective web filtering solution. The collaboration of the two companies was announced jointly today by Darren Marks, Chairman & CEO, Grom Social Enterprises, Inc and Michael Shoham, CEO of Radix. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. Grom Educational will immediately begin to offer Radix TeacherView along with its NetSpective web filtering solution, a product schools rely upon to protect students from harmful internet content. Radix TeacherView, a cloud-based classroom management solution, is equipped with a built-in video conference system to enable remote (at home), local or hybrid learning with a click of a button. The program gives educators an "over the shoulder" teaching experience to oversee an enhanced learning experience. Among ...
- Posted on Thursday October 27, 2022
Immersive Experiential and E-commerce Site Helps Families Prepare for the Holidays with Great Gifts, Smart Tips, Planning Guides, an Interactive North Pole for Kids and More to Make Christmas 2022 the Merriest Ever!BOCA RATON, Fla., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM), Curiosity Ink Media, its subsidiary dedicated to entertaining kids and families, today unveiled Santa.com, a dynamic, holiday venue overflowing with e-commerce and fun content for every member of the family. The one-stop holiday hub includes specially themed editorial, curated gift lists, decorating tips, interactive games, and merry content, all of which is designed to ease the stress often associated with holiday preparations. The launch of the site, which joins Grom’s growing stable of family-friendly IP following its 2021 acquisition of Curiosity Ink Media, was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. Santa.com is a modern update on Christmas. The site is a bold, eye-catching stocking filled with a robust marketplace where consumers can fulfill all of their holiday needs. The brainchild of Curiosity Ink Media executive and former ...
- Posted on Wednesday September 28, 2022Grom Subsidiary Continues Delivers Premium Animation Production Services for Global Entertainment Content SuppliersBOCA RATON, Fla., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) today announced that Top Draw Animation, the company’s Philippines-based animation production studio, has secured an additional $615K in animation assignments that will enhance the studio’s output. Top Draw has built a global reputation as a reliable source of premium animation services since opening over 20 years ago. The new assignments, which will commence in Q4, were disclosed today by CEO of Grom Social Enterprises, Inc., Darren Marks. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com Top Draw – which does not routinely publicly disclose clients or specific projects for competitive reasons and client privilege, brings even more production business to Top Draw’s 400+ animation pros. The studio, based in Manila, continues its increased output under direction of the company’s two recently-installed leaders – TDA President Russell Hicks, who earlier led Nickelodeon’s animation and live action, as well as Top Draw EVP, Jared Wolfson, both of whom assumed their new roles at Top Draw last fall. ...
- Posted on Monday September 26, 2022
Animated Feature Film Based on Curiosity’s Original IP Franchise Promises Humor, Heart and Fantastical Action for the Whole FamilyBOCA RATON, Fla., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Curiosity Ink Media, the original storytelling division of Grom Social Enterprises, Inc. (NASDAQ: GROM) today announced that it has secured the husband-wife writing team and best-selling authors, Chelsea and Matt Giegerich, to pen the storyline for The Pirate Princess, an original, heartwarming coming-of-age tale about a fearless teenager raised by a notorious, but loving band of pirates. The selection of the Giegeriches was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. The Pirate Princess introduces movie-goers to Zasha, a young woman who finds herself at a crossroads, when she discovers she was actually born a princess to an ousted royal family. She is torn between the only family she has ever known, a loving band of marauding pirates, and reclaiming her true identity. The Pirate Princess offers a rich blend of fantastical monsters, mysterious magic and high-stakes action. The film’s storyline and narrative are being crafted to establish a universally embraceable tale of ...
- Posted on Thursday September 01, 2022
Celebrated Screenwriter and Song Composer Whose Credits include Backyardigans, Where in the World is Carmen Sandiego and The New Mickey Mouse Club Brings Storytelling Expertise to Curiosity’s New Preschool Franchise SeriesBOCA RATON, Fla., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM) Curiosity Ink Media today announced that celebrated kids’ TV writer, McPaul Smith (Backyardigans, The New Mickey Mouse Club), has been tapped to develop Curiosity’s new animated preschool series, Baldwin, based on its intellectual property of the same name. The Baldwin franchise, which invites preschoolers on the adventures of a young, switcher train who takes to the rails to reunite with his father, kicks off in earnest beginning October 1st, with the publishing debut of Baldwin’s Big Adventure. The selection of Smith to pen the series was announced today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. McPaul Smith brings a trove of experience in kids’ and preschool entertainment to his new role. He began his writing career on MTV’s game show, Remote Control, before serving as head writer on the iconic PBS show, Where in the World ...
- Posted on Thursday August 25, 2022
New Franchise Adds to Growing Slate of Printed Content Rooted in Curiosity’s Original IP, Published in Collaboration with Dynamite EntertainmentBOCA RATON, Fla., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM) Curiosity Ink Media announced today that the first title of the new book franchise, The Adventures of Herbert Henry, will debut in time for Christmas 2022, with Santa’s Secret Society hitting bookshelves everywhere on October 25. Santa’s Secret Society, which is being released in partnership with Dynamite Entertainment, tells the story of young Herbert Henry who sets out on a mission to the North Pole, to enlist Santa’s help to save Christmas for his family. The announcement was made today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. and Nick Barrucci, Dynamite CEO and Publisher. Investor relations information on Grom Social Enterprises, Inc. is available at https://investors.gromsocial.com. “Curiosity Ink Media is quickly emerging as an important player in publishing and entertainment and the first release of the Herbert Henry franchise is proof of their rich understanding of how to debut new, original intellectual property,” said Marks. “We hope that many young readers will make Santa’s Secret ...
- Posted on Thursday April 21, 2022BOCA RATON, FL, April 21, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire –Grom Social Enterprises, Inc.’s (NASDAQ: GROM) wholly-owned Manila, Philippines subsidiary, Top Draw Animation, has secured approximately $1,500,000 in new animation production business, as was announced today by Top Draw’s President, Russell Hicks. Top Draw has been a reliable source of premium animation production services, including animated series, movies, specials and short-form content, for several global entertainment providers for over 20 years. The latest production work, from whom Top Draw does not disclose due to competitive reasons and client privilege, comes on the heels of other new assignments that the company expressed in announcements made earlier this year. The studio employees over 400 animation professionals and continues its increased output as pandemic concerns ease and under direction of the company’s new leadership – the aforementioned Hicks, who earlier in his career led Nickelodeon’s animation and live action direction, as well as Executive Vice President, Jared Wolfson, both of whom assumed their new roles last fall. “More and more, programmers are turning to Top Draw to ensure their content is executed by professionals dedicated to delivering the best possible animation,” explains Hicks. “From ...
- Posted on Wednesday February 02, 2022BOCA RATON FL, Feb. 02, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) today announced its wholly-owned subsidiary, Top-Draw Animation (TDA), has executed an agreement with an international programming supplier that will generate an additional $950,000 in business. The work, announced today by Top Draw’s President, Russell Hicks, will further bolster animation production to TDA’s bustling studio in Manila, the Philippines, where it produces animated series, movies, specials and short-form content on behalf of major international programming suppliers, studios and networks. Recognized throughout entertainment communities for its premium production services, Top Draw has produced animated content for over 20 years and was acquired by Grom in 2016. Top Draw serves as a centerpiece of Grom’s offerings, which also includes safe social media for kids, web filtering utilized in school districts nationwide and original family entertainment through Curiosity Ink Media. In 2021, Top Draw welcomed new leadership with the addition of Hicks and Jared Wolfson, the studio’s Executive Vice President. “More and more, programmers rely on Top Draw to produce their premium animated programming,” explains Hicks. “Our entire team came into 2022 energized to deliver even more one-of-a-kind animation content ...
- Posted on Wednesday January 19, 2022Original Entertainment Franchise About Team of Failed Superheroes Who Pivot Will Debut in Graphic Novel Series Boca Raton, FL, Jan. 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Curiosity Ink Media – the family entertainment engine for Grom Social Enterprises, Inc. (NASDAQ: GROM) today unveiled The Legion of Forgettable Supervillains, an original intellectual property (IP) franchise which will debut as a graphic novel in partnership with publisher, Dynamite Entertainment. Slated for release in 2022, The Legion of Forgettable Supervillains centers around a group of failed superheroes who inadvertently find greater success and acclaim in villainy. Publishing will serve as a launch point for future brand extension opportunities including a recurring TV series, feature films, consumer products and global merchandising and cobranding opportunities. The franchise debut was announced today by Curiosity Ink Media’s Chief Content Officer, Russell Hicks. The Legion of Forgettable Supervillains centers around Ben Mondo and his rag tag group of friends, all of whom aspire to be superheroes and each with an abysmal track record of heroic feats. Frustrated in his career, Ben is ready to hang up his cape. However, after stumbling upon a bank heist, he is mistakenly ...
- Posted on Thursday December 09, 2021
Grom’s Storytelling Division Bolsters IP Offerings with Musical Comedy Series BOCA RATON, FL, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- YouTube sensation Honoka Katayama will bring her celebrated blend of ukulele music, positive messages, and Hawaiian spirit to preschoolers everywhere in Aloha Hoku, a new animated musical series currently in development with Curiosity Ink Media, a division of Grom Social Enterprises, Inc. (NASDAQ: GROM). The original intellectual property (IP) franchise centers on Hoku, a dynamic Hawaiian girl and the adventures she embarks on with her magical ukulele. The series, which has been developed with co-creators Dustin Ellis, Jody Kamisato and Honoka Katayama, was announced today by Russell Hicks, Curiosity Ink Media’s Chief Content Officer. Aloha Hoku is filled with the music and magic of Aloha, a world in which animals talk, ocean waves have personalities and mountains express human emotions. In each new installment, 8-year-old Hoku embarks on a new adventure with both human and animal friends and resolves challenges through song and the help of her magical ukulele. Like a magic wand, Hoku is able to manipulate the physical world around her by harmonizing with ...
- Posted on Wednesday December 01, 2021Animation Production Supplier for Global Entertainment Brands Bolsters Output and Leverages New Leadership Team BOCA RATON, FL, Dec. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc.’s (NASDAQ: GROM) wholly-owned subsidiary, Top Draw Animation (TDA), today announced that it has been commissioned for an additional $1.0MM in new animation production work, some of which is already underway at its sprawling studio in Manila, the Philippines. The animated projects, none of which have been previously disclosed, are on behalf of global entertainment providers and represent the earliest production work to be fulfilled end-to-end under TDA’s leadership duo of Russell Hicks and Jared Wolfson, the studio’s newly installed President and Executive Vice President, respectively. Due to confidentiality, Top Draw has not disclosed the commissioned series or clients. “Top Draw is proud to continue its legacy of truly being a world-class animation production leader,” said Hicks. “Bringing detailed attention to every frame of production sets Top Draw apart as our clients increasingly rely on animated content to round out their programming slates and offer viewers rich storytelling through visually stunning animation.” Recognized for premium animation production services, Top Draw produces animated series, movies, ...
- Posted on Thursday October 21, 2021Boca Raton, FL, Oct. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ:GROM) ("Grom" or the "Company"), the emerging social media and family entertainment company, today announced an increase to the total amount of its previously announced private placement of convertible notes and warrants. On September 14, 2021, L1 Capital Global Opportunities Master Fund (“L1 Capital”) purchased from the Company (i) a convertible note in the principal amount of $4,400,000, with a 10% original issuance discount, an 18-month maturity, and a conversion price of $4.20 per share, subject to adjustment, and (ii) warrants to purchase 813,278 shares of common stock, with an exercise price of $4.20 per share, subject to adjustment. The transaction documents for the private placement anticipated a second investment by L1 Capital in the amount of $1,500,000, subject to certain conditions. As of October 20, 2021, the amount for the proposed second investment has been increased to up to $6,000,000 for total gross proceeds to the Company of $10,400,000, subject to certain conditions being met. The second closing is subject to the Company obtaining shareholder approval, as required by Nasdaq’s rules, among other things. The Company intends to use the net ...
- Posted on Thursday October 07, 2021Premium Supplier of Animation Production for Global Entertainment Brands Bolsters Output and Leverages New Leadership Team BOCA RATON, FL, Oct. 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM), today announced that its wholly-owned subsidiary, Top Draw Animation (TDA), has commenced production on approximately $1.0 million in new projects through its sprawling studio in Manila, the Philippines. The assignments, two recurring episodic animated TV series, bolster the studio’s output and leverage the expertise of Top Draw’s animation professionals as well as Russell Hicks and Jared Wolfson, the studio’s newly installed President and Executive Vice President, respectively. Due to confidentiality, Top Draw did not disclose either the series or the commissioning client. Recognized throughout the animation and entertainment communities for premium production services, Top Draw produces animated series, movies, specials and short-form content on behalf of several leading global entertainment providers. The company was acquired by Grom in 2016 and serves as a centerpiece of Grom’s offerings, which include safe social media for kids, web filtering utilized in school districts nationwide and original family entertainment through Curiosity Ink Media. Founded by Hicks and advertising executive Brent Watts ...
- Posted on Tuesday October 05, 2021Slated to Debut as a Graphic Novel in 2022, Franchise Plans Include Global Distribution, Original Series, Publishing and Consumer Products Boca Raton, FL, Oct. 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc’s (NASDAQ: GROM) Curiosity Ink Media – an emerging pipeline for original multiplatform family entertainment – today announced that it is in development on The Pirate Princess, a new, original intellectual property (IP) franchise slated for global theatrical distribution. The Pirate Princess will debut in Fall 2022 as an original graphic novel and serve as a springboard for the film and other future ancillary opportunities including publishing, a recurring series and consumer products. The announcement was made by Russell Hicks, Curiosity Ink Media’s Chief Content Officer. Curiosity Ink Media, which was recently acquired by Grom, is quickly making its mark in original family entertainment that will be expressed in a variety of content offerings. Earlier this summer the company announced that it has begun production on Baldwin’s Big Adventure, a new preschool franchise and has been tapped to develop the hit YouTube shorts Cats vs. Pickles into a recurring animated series. Additionally, Curiosity also announced a multi-title ...
- Posted on Wednesday September 15, 2021Boca Raton, FL, Sept. 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ:GROM) ("Grom" or the "Company"), the emerging social media and family entertainment company, today announced the closing of a $4.4 million private placement. The Investment is in the form of a 10% Original Issue Discount convertible note in the principal amount of $4,400,000 that has an 18-month maturity and a fixed conversion price of $4.20 per share of common stock, subject to adjustment, and warrants to purchase 813,278 shares of common stock with an exercise price of $4.20 per share, subject to adjustment. GROM is required to make monthly payments in either cash or shares, commencing 75 days after closing. GROM has agreed to file a registration statement registering for resale the shares of common stock issuable upon conversion of the note and upon exercise of the warrants on or before October 19, 2021. The warrants are not exercisable until the Company’s shareholders approve the issuance of the warrants and will be exercisable for five years after such approval. The Company intends to use the net proceeds from the private placement for working capital, joint ventures, possible acquisitions, partnerships, and general corporate purposes. ...
- Posted on Wednesday September 08, 2021BOCA RATON, FL, Sept. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a company dedicated to social media for kids, animation production services, and original entertainment for the whole family, today announced the appointment of veteran entertainment and media marketing executive Jared Wolfson to its executive ranks. Wolfson’s appointment was announced by Darren Marks, Grom’s Chairman and Chief Executive Officer. A winning business development executive and marketing specialist for more than 20 years, Wolfson has built and managed numerous successful franchise properties, architected and driven multi-media marketing plans and initiatives powering record sales revenues and led development, production, and operational activities for studios, amassing hundreds of half-hours of kids & family entertainment content, in various formats and mediums. Wolfson joins Grom’s executive team as the Chief Executive Officer for Curiosity Ink Media and Executive Vice President for Top Draw Animation. As CEO of Curiosity, a global media company that develops, acquires, and maximizes the commercial potential of intellectual properties in the Kids & Family entertainment space, Wolfson will be responsible for leading key initiatives including partnerships and deal structure, operations, finance, and driving corporate vision and culture. For Top Draw, Grom’s award-winning, Manila-based animation studio, Wolfson will spearhead ...
- Posted on Monday August 23, 2021Capping 40+ Year Career in Animation -- Including More than Two Decades as Managing Director for Top Draw -- Dearing Plans to Retire in 2022 Hicks to Lead Top Draw and Continue to Oversee Original IP for Curiosity Ink Media, Grom’s Newest Acquisition and Original Content Division Boca Raton, FL, Aug. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ:GROM), the emerging social media and family entertainment company, today announced that Wayne Dearing, whose legendary career in animation spans more than four decades – including 22 years since founding and serving as Managing Director of Grom’s Top Draw Animation division – will retire in 2022. To meet the growing animation needs of Top Draw’s roster of global entertainment customers, Grom will install former Nickelodeon President of Content Development and Production, Russell Hicks, to oversee Top Draw in addition to serving as Chief Content Officer for Curiosity Ink Media, the original storytelling entertainment company Hicks founded in 2016 and Grom’s newest division. The executive announcements were unveiled today by Grom CEO, Darren Marks, who also confirmed that Grom Social Enterprises, Inc. has officially completed the acquisition of Curiosity Ink Media. The transition of Top Draw ...
- Posted on Wednesday August 18, 2021BOCA RATON, FL, Aug. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM), the social media and entertainment company for kids and families (www.gromsocial.com), today announced veteran digital marketing executive, Pete Jacobs, has been enlisted to bring his e-commerce and digital marketing expertise as a consultant to the company’s planned November debut of Santa.com, Grom’s new digital holiday entertainment and shopping hub. The selection of Jacobs was announced today by Darren Marks, Chairman & CEO, Grom Social Enterprises, Inc. Jacobs currently lends his expertise at MELT Method, where he’s leading the digital transformation for the self-care content brand. Previously, he led the marketing team to success at www.digitaltrends.com-- the editorial and e-commerce site devoted to consumer products and emerging tech -- as well as the company’s two sibling publications, which collectively serve more than 125MM unique visitors per month. An entrepreneurial consumer marketing expert known for developing creative, high-impact digital content strategies, Jacobs will team up with Grom to drive content for the site, heighten awareness among consumers, and play a central role in affiliate e-tail partner relations. In his role as consultant to Santa.com, Jacobs will help craft the overall user experience (UX) for the site, ...
- Posted on Thursday July 29, 2021Curiosity Executive Brent Watts to Join Grom in Key Leadership Role to Guide Growth, Strategy and Revenue Opportunities BOCA RATON, FL, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”) today announced it has entered into a definitive purchase agreement to acquire 80% of the equity and control of Curiosity Ink Media LLC (“Curiosity” or “CIM”) – a producer and developer of original kids and family content – which is expected to complement the Company’s existing offerings of brand-safe social media for kids, animation production and web filtering solutions. Upon completion of the acquisition, Grom will retain one of the key architects of Curiosity’s early success, Brent Watts, in his current role as Chief Creative Officer, where he will continue to cultivate storytelling IP for Curiosity and provide visual design acumen for the studio. The announcement was made by Darren Marks, Grom’s Chairman and Chief Executive Officer. Closing of the purchase transaction is subject to certain regulatory and other customary closing conditions, and is expected to take place in mid-August 2021. The acquisition will bring Curiosity’s original IP catalog to the Company’s portfolio of assets, with Watts helping ...
- Posted on Monday July 19, 2021BOCA RATON, FL, July 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom”, the “Company”), a social media platform and original content provider for children under the age of 13, is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, July 21, 2021 The next Emerging Growth Conference is presenting on Wednesday, July 21, 2021. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s CEO Darren Marks and Grom Social’s President, Paul Ward in real time. Mr. Marks and Mr. Ward will perform a presentation and may subsequently open the floor for questions. Please ask your questions during the event and Mr. Marks and Mr. Ward will do their best to get through as many of them as possible. Grom Social Enterprises will be presenting at 2:30/PM Eastern time for 30 minutes. Please register here to ensure you are able to attend the conference and receive any updates that are released. https://goto.webcasts.com/starthere.jsp?ei=1479677&tp_key=2d44faef25&sti=grom If attendees are not able to join the event live on the day of the ...
- Posted on Thursday July 15, 2021BOCA RATON, July 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom”, the “Company”), a social media platform and original content provider for children under the age of 13, today announced that the underwriters of its previously completed public offering have exercised the remainder of their over-allotment option to purchase an additional 361,445 shares. The 45-day over-allotment option was granted in connection with the Company’s previously announced underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit. After giving effect to the full exercise of the over-allotment option, the total number of units sold by the Company in the offering increased to 2,711,084 units, resulting in aggregate gross proceeds of approximately $11.5 million prior to deducting underwriting discounts, commissions, and other offering expenses. Each unit issued in the offering was comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable for one share of common stock at an exercise price of $4.565 per share and will expire five years from issuance. EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager and Revere ...
- Posted on Monday June 21, 2021BOCA RATON, June 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom”, the “Company”), a social media platform and original content provider for children under the age of 13, today announced the closing of its previously announced underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit for aggregate gross proceeds of approximately $10.0 million prior to deducting underwriting discounts, commissions, and other offering expenses. Each unit issued in the offering was comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable for one share of common stock at an exercise price of $4.565 per share and will expire five years from issuance. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 361,445 shares of common stock and/or warrants to purchase up to 361,445 shares of common stock at the public offering price less the underwriting discounts and commissions. The common stock and warrants began trading on the Nasdaq on June 17, 2021 under the symbols “GROM” and “GROMW”, respectively. EF Hutton, division of Benchmark Investments, ...
- Posted on Friday June 18, 2021Slate of Projects from Global Entertainment Brands Entrust Top Draw Animation with their Most Iconic and Beloved Intellectual Properties Boca Raton, FL, June 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ:GROM), the emerging entertainment and social media company for kids and families, today announced that its wholly-owned subsidiary, Top Draw Animation, is ramping up production at its state-of-the-art animation studio in the Philippines to address the growing demand for the animated content it produces on behalf of several leading global entertainment companies. Additionally, as the entertainment industry reopens and the global pandemic slows, Top Draw has reinstated its animators training program – suspended during the crisis – to cultivate the next generation of animation pros and meet the increase in animation production. Top Draw Animation is a centerpiece of Grom Social Enterprises, Inc., which also operates: Grom Social, a safe social media app for kids under 13; Grom Educational, a supplier of web filtering solutions; and Curiosity Ink Media, a producer and developer of original kid-friendly content, which Grom recently entered into an agreement to acquire. Top Draw Animation continues its upward climb after its parent company posted Q-1 revenues ...
- Posted on Wednesday June 16, 2021BOCA RATON, June 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom”, the “Company”) a social media platform and original content provider for children under the age of 13, today announced the pricing of an underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit for aggregate gross proceeds of approximately $10.0 million prior to deducting underwriting discounts, commissions, and other offering expenses. Each unit is comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable for one share of common stock at an exercise price of $4.565 per share and will expire five years from issuance. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 361,445 shares of common stock and/or warrants to purchase up to 361,445 shares of common stock at the public offering price less the underwriting discounts and commissions. The offering is expected to close on or around June 21, 2021, subject to satisfaction of customary closing conditions. In connection with the offering, the Company has received approval ...
- Posted on Monday May 03, 2021Youngest Surfer Ever to Qualify for the WSL Women’s Championship Tour Packing Her Board and Inviting Grom Followers to Experience the Teamwork, Thrill and Dedication as Member of Very First US Olympic Women’s Surf Team BOCA RATON, FL, May 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social’s star influencer -- 19-year-old Caroline Marks of Melbourne Beach, Florida -- is giving Grom users a beachfront pass to experience the thrill of Olympic competition. Caroline will vie for the gold medal as a member of the very first US Women’s Surf team heading to the Olympics in Tokyo this summer. In the weeks leading up to the competition (Jul 23 – Aug. 1), Marks will chronicle her journey into Olympic waters and showcase her preparation, exercise regimen and offer surfing tips as well as creating original content that underscores what life is like for athletes at the Olympics. In turn, Grom Social, an emerging social app for kids under 13 years of age, will cheer Marks on with specially themed Caroline Marks and surfing-themed content kids can share on social as she competes in the Olympics and other international competitions throughout Australia, Mexico and California. “It’s an incredible honor ...
- Posted on Wednesday April 07, 2021Nickelodeon Veterans Russell Hicks and Paul Ward Join Grom in Key Leadership Roles BOCA RATON, April 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (OTCQB: GRMM) (“Grom” or the “Company”), today announced it has entered into a binding letter of intent to acquire kids and family entertainment company, Curiosity Ink Media, LLC (“Curiosity”) – a producer and developer of original kid-friendly content – to complement the Company’s existing offerings of brand-safe social media for kids, animation production and web filtering for schools, government agencies and private businesses. Additionally, Grom appointed two former Nickelodeon executives – Curiosity’s President Russell Hicks and Paul Ward -- to lead the Company’s animation, social media and educational divisions. An emerging platform and content provider of entertainment for kids under 13 years old, the Company’s subsidiary, Grom Social, Inc. (“Grom Social”), provides a secure social media venue for kids that is monitored around the clock and invites parents and guardians to play an active role in a child’s social media activities. The announcements were made by Darren Marks, Grom’s Chairman and Chief Executive Officer. The Company believes that the addition of Curiosity would enable Grom to ...