2020-07-10 13:09:09 | Genius Brands rallies after report of Disney stake in POW! EntertainmentDisney (DIS) plans to acquire a 5% stake in POW! Entertainment for an undisclosed amount, the website DisneyGuide reports. Genius Brands (GNUS) announced on July 6 that the company and Stan Lee's POW! Entertainment inked a deal to create Stan Lee Universe, a joint venture that will assume worldwide rights across media to Lee's post-Marvel intellectual property. Shares of Genius Brands are up 7% to $2.58 in afternoon trading. Reference Link | |
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