Kartoon Studios Chairman and CEO Provides Letter to Shareholders Following Announcement of “Kartoon Studios Winnie-The-Pooh” and $30m of Non-Dilutive Production Funding

BEVERLY HILLS, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios’ (NYSE American:TOON) today provided a letter to shareholders from the Company’s Chairman and CEO, Andy Heyward, following the landmark announcement of its new production, “Kartoon Studio’s Winnie-The-Pooh,” as well as the non-dilutive production financing of $30 million, led by Catalyst Venture Partners.

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