Strong Global Licensing Performance
Global licensing revenue reached $80 million, up 32% year-over-year, marking a record licensing quarter for Peanuts with strong growth in North America, APAC, and Latin America.
Peanuts Franchise Success
Peanuts recorded its highest-ever quarter in licensing revenues, driven by broad-based growth across multiple geographies and categories, including new partnerships like the Snoopy MoonSwatch from Omega and Swatch.
Strawberry Shortcake and Teletubbies Growth
Licensing revenue for Strawberry Shortcake increased by over 200% year-over-year, and Teletubbies grew by over 100%, with Strawberry Shortcake achieving its highest licensing revenue quarter since acquisition.
Strong Free Cash Flow
Free cash flow in the quarter was $49 million, significantly up from $5 million in the same quarter of the previous year, highlighting the quality of asset performance.
Expansion in Audience Engagement
Minutes viewed of WildBrain content across global FAST platforms doubled to approximately 15 billion in calendar 2024, with double-digit growth in views and watch time on WildBrain channels.