SRM Entertainment Announces Expanded Merchandise License Agreement with Toonz Entertainment and Zoonicorn LLC.
11 Settembre 2023 - 2:30PM
SRM Entertainment, Inc. (Nasdaq: SRM) today announced the expansion
of the multi-year global licensing agreement signed with Los
Angeles-based Zoonicorn, the multiplatform animated preschool brand
from Zoonicorn, LLC and Toonz Entertainment. SRM Entertainment’s
patented
Sip With
Me children’s cups which feature
Zoonicorn franchise characters will be available
online and at retail stores throughout the country. SRM and
Zoonicorn are expanding the licensing agreement to additional
Zoonicorn branded products which include plush and vinyl backpacks,
tumblers and plastic drinkware.
SRM Entertainment will feature the Zoonicorn
product line September 30 thru October 3, 2023 at the North
American International Toy Fair in New York City (Booth #2689).
The recent SRM Entertainment initial public
offering is being utilized to grow and expand SRM’s business. “The
additional capital gives us the ability to increase manufacturing,
add products and sign new licensing agreements. Since August 15th
the day of our IPO we have written over $1.3 million in new
orders.” stated Rich Miller, SRM’s CEO.
Zoonicorn recently announced the debut of the
CGI series on streaming platforms worldwide. The 52x7’ series is
now available on NBC’s OTT platform Peacock (USA). The series airs
in nearly 200 countries around the world, with Season 1 now being
delivered and Season 2 already in development. Global licensing for
the brand is shared by Toonz Entertainment and Zoonicorn and is
headed by J’net Smith of All Art Licensing.
The Zoonicorns inhabit the dreams of young
animals, taking them on amazing adventures to help learn important
social-emotional skills with a focus on optimism and resilience.
The Zoonicorns cleverly guide each dreamer through a whirlwind of
fun-loving escapades and when the dream is over, the young animal
wakes up feeling self-confident, with the decision-making skills
necessary to overcome whatever challenges they are facing. At the
heart of every solution is the one important truth—the power to
solve any problem is inside of them.
Multi Emmy Award-winner Mark Zaslove (Winnie the
Pooh, Lazytown, Bob The Builder) serves as show runner and lead
writer/editor for the series. The music for the show has been
composed by Emmy Award winning composer Rich Dickerson.
About SRM
Entertainment, Inc.
SRM Entertainment, Inc. designs, develops and
manufactures custom toys and souvenirs for the world's largest
theme parks and entertainment venues. The Company provides
exclusive custom products that are available worldwide at venues
such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld
and other attractions. Additionally, SRM recently launched its
retail product line which includes patented SMURFS Sip with Me
cups.
Caution Regarding Forward-Looking
Statements
Certain statements in this announcement are
forward-looking statements. Investors can identify these
forward-looking statements by words or phrases such as “may,”
“will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,”
“plan,” “believe,” “is/are likely to,” “potential,” “continue” or
other similar expressions. These statements are subject to
uncertainties and risks including, but not limited to, the risk
factors discussed in the “Risk Factors” section of the registration
statement for the Offering filed with the SEC. Although the Company
believes that the expectations expressed in these forward-looking
statements are reasonable, it cannot assure you that such
expectations will turn out to be correct, and the Company cautions
investors that actual results may differ materially from the
anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and other filings with the SEC. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations that arise after the date hereof,
except as may be required by law.
Media and Investor Relations
Info@SRMentertainment.com(407)-230-8100
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