AETH Entertainment and Kartoon Studios Partner To Launch TaleSphere Studios; Will Focus On Live-Action With ‘Real Santa’ As Debut Film

Kartoon Studios (NYSE: TOON) reported Q2 2026 revenue of about $5.8M and EPS of about $0.38, with net income of $27.0M largely from a $39.2M non-recurring litigation settlement gain. The company said it ended Q2 with about $40.5M cash and marketable securities and no long-term debt. It also outlined a shift toward owned IP, including an Amazon Prime Video deal for “Hundred Acre Wood” in Feb. 2027.

Kartoon Studios (NYSE American: TOON) reported Q2 2026 results and said it is shifting toward owning and monetizing children’s IP. After litigation settlements, it ended June 30 with about $40.5M cash and marketable securities and no long-term debt, with $39.2M remaining in escrow. It also disclosed an Amazon Prime distribution deal for Hundred Acre Wood launching Feb. 18, 2027.

Kartoon Studios, Inc. (TOON) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 kartoon_ex9901.htm PRESS RELEASE DATED 8-14-26 Exhibit 99.1 Kartoon Studios Reports Second Quarter 2026 Financial Results and Accelerates Strategic Transformation 8-K Filed Announcing Agreement with Amazon Prime Strengthened Balance Sheet with $40 million in Cash and No

Kartoon Studios (NYSE American: TOON) said the U.S. District Court for the Southern District of New York has entered all settlement agreements reached so far in Augenbaum v. Anson Investments Master Fund LP et al. under Section 16(b) “short-swing profit” recovery. The company expects aggregate payments of about $78.5 million before fees/expenses; two defendants remain.

Demis Hassabis, co-founder of Google DeepMind, is stepping down from day-to-day operations to become DeepMind's chairman and Alphabet's chief scientist. Koray Kavukcuoglu, DeepMind's CTO, will take over operations. Alphabet (GOOGL) shares fell 4% on the news. The reorganization comes amid missed deadlines for Gemini 3.5 Pro and departures of senior researchers, including Jeff Dean. Analysts debate whether this is a strategic move or a sign of leadership issues. Alphabet had $132 billion in net i

Moody’s affirmed TTM Technologies' Ba2 ratings and upgraded its outlook to positive, citing strong revenue growth driven by AI demand and acquisitions. The agency expects revenues to reach $4B by 2026, up from $2B in 2024. TTM's ratings could improve with further growth and diversification or worsen with revenue declines or higher leverage.