US EditionMedia Firm Sees Its Net Loss Fall - Los Angeles Business Journal
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Media Firm Sees Its Net Loss Fall - Los Angeles Business Journal
Kartoon Studios Inc. reported its year end financials late last month. The Beverly Hills children’s content producer and distributor said on March 31 that it had a net loss of $20.7 million last year, compared to a net loss of $77.1 million the previous year. Revenue dropped by 26% from the prior year to $32.6 million. Still, Kartoon Studios Chief Executive Andy Heyward said that last year the company had made significant progress across all cor…
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