Kartoon Channel! Launches on Samsung Smart TVs, Sending Genius Brands Stock Soaring

Kartoon Channel! Launches on Samsung Smart TVs, Sending Genius Brands Stock Soaring

Shares of Genius Brands International (NASDAQ: GNUS) were soaring on Friday, after the company announced an agreement with Samsung. It's been a volatile year for shareholders of Genius Brands, but the stock is still far outpacing the S&P 500 in 2020. Genius Brands has four different revenue segments, of which its advertising-sales segment is the fastest growing.