Kartoon Studios Appoints Entertainment, Media and High-Tech Industry Executive, Brian Parisi, as Chief Financial Officer - Seite 2

Mr. Parisi commented, “I am honored to join Kartoon Studios at this exciting time in the Company’s growth. I look forward to collaborating with the executive team, as the Company implements a comprehensive strategy to drive revenues and enhance profitability. I see the potential for creating additional operating efficiencies and increasing long-term shareholder value. I am optimistic about what lies ahead for Kartoon Studios and look forward to playing an active role in its future success.”

Mr. Parisi brings 30 years of experience spanning the entertainment, media, and high-tech industries, including finance, accounting, M&A, capital raising, and corporate development. Prior to joining Kartoon Studios, he served as the Chief Financial Officer at Break the Floor Productions in Hollywood, California, an entertainment production company where his responsibilities included overseeing the evaluation and analysis of mergers and acquisitions, risk management, and the creation of policies to reduce the company's overall risk exposure. Prior to that, Mr. Parisi was the Chief Financial Officer at the NFL Hall of Fame Village, where he was responsible for a range of financial activities including managing construction accounting budgets, financial reporting, cash management, and tax compliance for the nearly $1 billion investment in a newly designed complex in Canton, Ohio. In addition, he served as Senior Vice President of the Festivals Division of Live Nation Entertainment Inc. where he was responsible for developing strategic plans for Electronic Dance Music festivals in multiple countries with more than 1.3 million fans. Mr. Parisi has also held leadership positions at Warner Bros. Entertainment and Universal Studios.

Mr. Parisi is a CPA and holds a B.S. in Accounting from Purdue University, Daniel School of Business, and an M.B.A in Strategic Management from the University of Southern California, Marshall School of Business.

About Kartoon Studios
Kartoon Studios (NYSE AMERICAN: TOON) is a global end-to-end creator, producer, distributor, marketer, and licensor of high-quality, positive entertainment brands for children. The Company’s IP portfolio includes original animated content, including the Stan Lee brand, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon Channel!; Shaq’s Garage, starring Shaquille O’Neal, on Kartoon Channel!, and a broad distribution platform, Rainbow Rangers on Kartoon Channel! and Netflix; the Netflix Original, Llama Llama, starring Jennifer Garner, and Warren Buffett’s Secret Millionaires Club, promoting lessons in financial literacy for children. The Company’s growing streaming platform, Kartoon Channel, is the top user ranked children’s distribution platform in the Apple app store.