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Why Genius Brands International Stock Flew High Today

Why Genius Brands International Stock Flew High Today

Tuesday was a happy day for Genius Brands International (NASDAQ: GNUS) as the children's entertainment specialist announced a new deal for its flagship channel. This is a fairly major "get" for the company as Pluto TV is owned by media giant ViacomCBS (NASDAQ: VIAC), and it's a free streaming service accessible by anyone with a suitable device or TV. Genius Brands did not reveal any financial terms of the deal.