Kartoon Studios sells Frederator Channel Network business for $500,000 cash
TOON•Key Frederator Studios IP retained
Key Frederator Studios IP was retained for distribution and licensing, including and .
TOON•TOON•TOON•Key Frederator Studios IP was retained for distribution and licensing, including and .
The transaction sharpens focus on IP monetization, franchise development, animation production, global distribution, and consumer products.
Kartoon Studios sold Frederator Networks’ Channel Network business in an all-cash asset deal.
Cash consideration totaled USD 500,000.
