other material
confidence high
sentiment positive
materiality 0.65
Dolphin Entertainment receives $2.56M second installment from Blue Angels content licensing agreement
Dolphin Entertainment, Inc.
- Second cash installment of $2,556,452 received on July 9, 2024 from IMAX/Amazon distribution agreement for The Blue Angels documentary.
- First installment of $777,905 received Feb 22, 2024; total cash from agreement now $3,334,357.
- Company recorded $3,421,141 net revenue from the Amazon Agreement in Q1 2024 upon film delivery.
- Agreement with IMAX to co-produce The Blue Angels; Amazon acquired distribution rights in April 2023.
- Payment disclosed under Item 7.01 Regulation FD; not filed but furnished for investor awareness.