Genius Brands International Inc

NASDAQ:GNUS   3:27:53 PM EDT
1.44
-0.12 (-7.42%)
Mergers / Acquisitions

Genius Brands Cancels License Acquisition Agreement For Adventures Of Sonic Hedgehog

Published: 10/08/2020 20:52 GMT
Genius Brands International Inc (GNUS) - Genius Brands International - Learned That Another Licensor Also Claims Rights to License for Adventures of Sonic Hedgehog Conveyed to Genius Brands.
Genius Brands International Inc - Made a Decision Only to Move Forward With Pac Man Property Which is Already on Air.
Genius Brands International Inc - Canceled License Acquisition Agreement for Adventures of Sonic Hedgehog.
Genius Brands - Anticipated License Fee Expense for Sonic Series to Be Re-allocated to Acquisition of Other Titles of Similar Standing.