Jill Goldsmith Arnold Schwarzenegger is set to become a “significant investor” in global children’s media company Genius Brands International as part of his agreement to produce and star in the company’s animated children series, Stan Lee’s Superhero Kindergarten.Shares of publicly-traded Genius Brands surged nearly 10% in premarket trading Monday on the announcement that said Schwarzenegger has elected to receive warrants to buy Genius Brands common stock as an advance against his profit participation in the show.
Any further payouts would likely to be in the form of cash.The show will premier in 2021 in the U.S. on Amazon Prime. Created by Stan Lee as one of his final projects, the is co-produced by Genius with China’s Alibaba Group,.
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