Significant Licensing Revenue Growth
Licensing revenue increased by 44% year-over-year, driven by key franchises like Peanuts, Strawberry Shortcake, and Teletubbies.
Strawberry Shortcake's Impressive Performance
Strawberry Shortcake's revenue surged over 200%, surpassing US$150 million in retail sales over the last 12 months.
Strong Content Creation and Audience Engagement
Content Creation and Audience Engagement revenue grew by 40% year-over-year, with production commencing on a new teen live-action series for Netflix and continued growth in FAST viewership.
Global Peanuts and Starbucks Collaboration
A successful global licensing activation with Starbucks led to Peanuts-themed merchandise selling out in the first week in most markets.
Yo Gabba Gabba! Impact at Coachella
Live performances at Coachella generated over 35 million impressions, indicating strong brand engagement.
Solid Free Cash Flow
The company reported a positive free cash flow of $13 million for the quarter and $67 million year-to-date.