Grom’s Top Draw Animation Secures Over $1 Million in New Assignments to Bring 2D Animation Content to Life
July 24 2024 - 8:30AM
Top Draw Animation - the 2D animation production subsidiary of Grom
Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a
kids’ and family entertainment provider, today announced that it
has secured additional, previously unreported assignments totaling
over $1MM (USD). The new projects, which follow its May, 2024
commencement of assignments valued at over $2.9MM, was confirmed
today by Cyrus Mistry, COO of Top Draw Animation.
“Top Draw is powered by a team of 300+ animation pros who bring
characters to life through impeccable attention to detail and
expert production workflows,” explains Mistry. “Across the
organization, our mission is to ensure that every frame of content
we produce meets the high standards set by all of our partner
clients and we are thrilled to not just meet – but exceed – all of
their expectations, time and again.”
Acquired by Grom in 2016, TDA is an award-winning 2D animation
studio offering premium, high-capacity Harmony and Flash production
pipelines. Since 1999, Manila-based TDA has proudly served the
global entertainment industry as a preferred production partner
with best-in-class animation services. From boutique content
creators to global entertainment brands, TDA has brought life to
countless shows, movies and characters from all around the
world.
About Top Draw AnimationBased in Manila,
Philippines, Top Draw Animation produces animated series, movies,
specials and short-form content for several leading global and
international entertainment providers.
About Grom Social Enterprises, Inc. Grom Social
Enterprises, Inc. (NASDAQ: GROM) is a growing social media platform
and original content provider of entertainment for children under
13, 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, lets 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 also 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 for K-12 schools, government and private
businesses. For more information, please visit
https://gromsocial.com or for investor relations, please visit
investors.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.
Media Contacts: Media@gromsocial.com
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