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Genius Withers Ahead of New Development News

Genius Brands International (NASDAQ:GNUS) today announced it will host a conference call at 10:30 A.M. Eastern Time on Wednesday, to discuss a positive business development.

The Beverly Hills, Calif.-based Genius Brands s a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution.

The Company’s award-winning ‘content with a purpose’ portfolio includes the upcoming Stan Lee’s Superhero Kindergarten, for Kartoon Channel!; Shaq’s Garage , starring Shaquille O’Neal for Kartoon Channel!; Rainbow Rangers for Nick Jr.; Llama Llama , starring Jennifer Garner, for Netflix; award-winning toddler brand Baby Genius ; adventure comedy STEM series Thomas Edison's Secret Lab ; and entrepreneurship series Warren Buffett's Secret Millionaires Club .

Through licensing agreements with leading partners, characters from Genius Brands’ IP also appear on a wide range of consumer products for the worldwide retail marketplace.

Word came last week that Superhero Kindergartem achieved 70 million views to date. The program, with Arnold Schwarzenegger as executive producer and star, ended its first season with the final episode debuting last weekend.

GNUS dipped 25 cents, or 12.3%, to $1.78.