---
schema_version: "secwatch.filing_event.v1"
accession: "0001355848-24-000018"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:13:42.166968+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kartoon Channel! hits EBITDA breakeven, paid subs +19% in 2023; new Llama Llama Kohl's promo

## Summary
- Kartoon Channel! paid subscribers grew 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
- Streaming business reached EBITDA break-even in Q4 2023; customer acquisition costs cut 50% in H2 2023.
- Kartoon Channel! available in 61 territories reaching ~1.8B population; Apple rating 4.9/5.
- Beacon Media Group billed commission up 29% YoY, billed media up 5%; added 6 new advertisers.
- New Llama Llama merchandise launches at Kohl's in Feb and Apr 2024; 100% net profit to charity.

## SEC filing metadata
- accession: 0001355848-24-000018
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000135584824000018/0001355848-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000135584824000018/toon-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355848-24-000018
- JSON: https://secwatch.observer/filing/0001355848-24-000018.json
- Plain text: https://secwatch.observer/filing/0001355848-24-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.