Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee Universe

Kartoon Studios
Kartoon Studios

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BEVERLY HILLS, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios, Inc. (NYSE AMERICAN:TOON), the controlling partner of Stan Lee Universe, LLC “SLU”, signs a transformative deal with the U.K.’s GFM Animation Limited “GFM,” (10 Lives, X Factor In The Jungle, The Day the Earth Blew Up: A Looney Tunes Movie) to develop, finance, and produce a dynamic slate of five animated feature films, marking a significant milestone in the development of projects from the extensive SLU catalogue featuring stories and characters created by legendary comic book creator Stan Lee.

Kartoon Studios’ new partnership with GFM, which develops, produces, finances, and sells independent movies, aims to bring to life select properties from the SLU catalogue, each project chosen through mutual selection for their potential to appeal to a broad audience demographic and families. GFM has assembled team of LA-based talented writers with previous experience of working across Marvel projects, to develop the first scripts, working alongside the GFM team in London and Kartoon Studios. The first three treatments will be ready for presenting to distributors at the forthcoming Cannes Film Festival.

“Through Stan Lee Universe, we are dedicated to continuing the legacy of one of the most iconic and prolific creators in the world, who continues to inspire fans globally with recent mega-hits such as Spider-Man: Across the Spider-Verse. These new projects, developed from Stan’s original ideas, will introduce his magic to younger generations and continue to engage his loyal fans,” commented Gregg Goldin, SVP, Development & Production, Kartoon Studios. “Our new partner, GFM, has a history of producing quality films for the entire family, and fresh off their successful debut of “10 Lives” at this year’s Sundance Film Festival, they continue to prove their expertise in the independent animation landscape. We are excited to partner with them on this ambitious slate of projects.”

“Stan Lee is a singular creator. The stories and characters Stan created and co-created have mesmerized multiple generations of fans across the globe for many decades,” stated Guy Collins, Chairman, GFM Animation.   “We are honored to partner with Kartoon Studios and Stan Lee Universe to celebrate Stan’s tremendous contributions to pop culture and entertainment by bringing quality animated films for all ages to big screens around the world.”

About Stan Lee
Known by his signature phrase “Excelsior!”, Stan Lee is one of the most prolific and legendary creators of all time. As Marvel's editor-in-chief, Stan "The Man" Lee helped build a universe of interlocking continuity, one where fans felt as if they could turn a street corner and run into a superhero from Spider-Man to the Fantastic Four, Thor, Iron Man, the Hulk, the X-Men, and more. Stan went on to become Marvel’s editorial director and publisher in 1972 and was eventually named chairman emeritus. He was the co-creator of characters appearing in 4 of the top 10 box office movies of all time, which featured Spider-Man, Iron Man, the Hulk, Thor, Guardians of the Galaxy, Black Panther, and of course the Avengers, accounting for billions of dollars of revenue for Marvel and the Walt Disney Company.