Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ:GNUS), a global brand management company that creates, produces, broadcasts and licenses entertainment content for children, issued a statement today that Harold Chizick and Jennifer Chizick, employees of the Company’s ChizComm subsidiary, have been terminated for cause. The Company believes this decision to be in the best interest of its shareholders and customers.
Business will continue as usual under current management, with Donna MacNeil as President of ChizComm and Kathleen Campisano as Global Chief Marketing Officer and General Manager of ChizComm Beacon Media subsidiaries.
The Company is fully invested in the success of these subsidiaries and believes it will be more fully realized under Ms. MacNeil’s and Ms. Campisano’s leadership.
