Arnold Schwarzenegger Invests in Genius Brands

Arnold Schwarzenegger has entered into an agreement to become a significant investor in Genius Brands International.

Schwarzenegger, who is starring in and co-producing the animated children’s series Stan Lee’s Superhero Kindergarten, has elected to receive warrants to purchase shares of the company’s common stock as an advance against his profit participation in the show. Any further payouts will likely be in the form of cash payments.

Created by the late Stan Lee as one of his final projects, Stan Lee’s Superhero Kindergarten is co-produced by Genius Brands with China’s Alibaba Group, Lee’s POW! Entertainment and Schwarzenegger’s Oak Productions. Schwarzenegger, who also serves as executive producer, lends his voice as the lead character in the series. The show will premiere in 2021 on Amazon Prime in the U.S.

Schwarzenegger commented, “I am honored to help realize Stan’s vision of creating a children’s cartoon series that not only entertains with superhero adventures, but also imparts valuable lessons about the importance of health, exercise, nutrition, anti-bullying, and diversity. Andy Heyward is one of the industry’s most respected producers of children’s programming and working together we will be able to bring to life our shared vision of ‘content with a purpose,’ which parents can enjoy alongside their children while taking comfort in the moral and educational focus.”

Andy Heyward, chairman and CEO of Genius Brands, said, “We are grateful to have Arnold, not only as a co-producer, but also as a warrant holder, which is a tribute to his belief in both the series and Genius Brands. Not only is Arnold a legendary entertainer and a leading voice in promoting children’s education and fitness, he is a uniquely accomplished investor who brings the perspective of having been Governor of California, the fifth largest economy in the world. I can think of no better or smarter partner.”