Grom Social’s Top Draw Animation Secures Additional $1.5MM in New Animation Production Assignments
April 21 2022 - 7:00AM
via NewMediaWire –Grom Social Enterprises, Inc.’s (NASDAQ:
GROM) wholly-owned Manila, Philippines subsidiary, Top Draw
Animation, has secured approximately $1,500,000 in new animation
production business, as was announced today by Top Draw’s
President, Russell Hicks. Top Draw has been a reliable source of
premium animation production services, including animated series,
movies, specials and short-form content, for several global
entertainment providers for over 20 years.
The latest production work, from whom Top Draw does not disclose
due to competitive reasons and client privilege, comes on the heels
of other new assignments that the company expressed in
announcements made earlier this year. The studio employees over 400
animation professionals and continues its increased output as
pandemic concerns ease and under direction of the company’s new
leadership – the aforementioned Hicks, who earlier in his career
led Nickelodeon’s animation and live action direction, as well as
Executive Vice President, Jared Wolfson, both of whom assumed their
new roles last fall.
“More and more, programmers are turning to Top Draw to ensure
their content is executed by professionals dedicated to delivering
the best possible animation,” explains Hicks. “From day one, I was
impressed by the loving attention to detail, and passion for
animation all of our employees share and we’re excited to serve as
a go-to studio for entertainment companies that expect the absolute
best.”
Recognized throughout entertainment for its premium production
services, Top Draw was acquired by Grom in 2016. The studio serves
as a vital component of Grom’s offerings, which also include safe
social media for kids, web filtering utilized in school districts
nationwide and original family entertainment through Curiosity Ink
Media, which Hicks and Wolfson also lead.
About Grom Social Enterprises, Inc.
Grom Social Enterprises, Inc. is a growing social media platform
and original content provider of entertainment for children under
13 years of age, which provides safe and secure digital
environments for kids that can be monitored by their parents or
guardians. The Company has several operating subsidiaries,
including Grom Social, which delivers its content through mobile
and desktop environments (web portal and apps) that entertain
children, let them interact with friends, access relevant news, and
play proprietary games while teaching them about being good digital
citizens and Curiosity Ink Media, a global media company that
develops, acquires, builds, grows, and maximizes the short, mid
& long-term commercial potential of Kids & Family
entertainment properties and associated business opportunities. The
Company owns and operates Top Draw Animation, which produces
award-winning animation content for some of the largest
international media companies in the world. Grom also includes Grom
Educational Services,
which provides web filtering services for K-12 schools,
government and private businesses. For more information, please
visit gromsocial.com.
Forward-Looking
Statements
This press release contains statements, which
may constitute “forward-looking statements.”. Those statements
include statements regarding the intent, belief, or current
expectations of Grom and members of its management team as well as
the assumptions on which such statements are based. Such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
may cause actual results to differ from those anticipated are
discussed throughout the Company’s reports filed with Securities
and Exchange Commission which are available at www.sec.gov as well
as the Company’s web site at www.gromsocial.com. The Company
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating
results.
For Grom Social Enterprises/Curiosity Ink
Media Marianne Romano +1-818-681-0849
Media.contact@gromsocial.com For Investor
Relations John McNamara TraDigital IR +1-917-658-2602
john@tradigitalir.com
Grom Social Enterprises (NASDAQ:GROM)
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