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Kartoon Studios announced that total hours watched on its Kartoon Channel! and Ameba SVOD platforms more than doubled year-over-year through the first three quarters of 2026.
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Filed: 2026-10-27 AccNo: 0001683168-26-008120 Size: 280 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 5.07: Submission of Matters to a Vote of Security Holders Item 9.01: Financial Statements and Exhibits
Kartoon Studios (TOON) reported Q2 2026 revenues of $5.82 million, down 43% year-over-year, with production services and content distribution both declining significantly. While net income turned positive at $26.99 million, this was driven by a $39.2 million non-recurring litigation settlement rather than operational improvement. The operating loss widened to $3.41 million. Management is shifting strategy toward owning and monetizing intellectual property, with major launches planned for 2027 including 'Hundred Acre Wood: Winnie and Friends' on Amazon Prime.