---
schema_version: "secwatch.filing_event.v1"
accession: "0001355848-24-000022"
form_type: "8-K/A"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:13:27.611775+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios reports record Kartoon Channel! revenue, 19% paid sub growth, EBITDA break-even in Q4

## Summary
- Kartoon Channel! paid subscribers increased 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
- Kartoon Channel! achieved break-even EBITDA in Q4 2023; customer acquisition costs halved in second half.
- Beacon Media Group grew billed commission 29% YoY and added 6 new advertisers, expanding into non-toy categories.
- Llama Llama launches two Kohl's Cares promotions in Feb and Apr 2024 with book+plush sets at $5-$9.
- Kartoon Channel! Apple app store rating 4.9/5 stars, beating Netflix, Disney+, and others.

## SEC filing metadata
- accession: 0001355848-24-000022
- form_type: 8-K/A
- 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: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000135584824000022/0001355848-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000135584824000022/toon-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355848-24-000022
- JSON: https://secwatch.observer/filing/0001355848-24-000022.json
- Plain text: https://secwatch.observer/filing/0001355848-24-000022.txt

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