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Grom Social’s Top Draw Animation Adds $1.7 Million New Business While Reducing Debt-Service and Overall Expenses

Grom Social's Top Draw Animation Adds $1.7 Million New Business While Reducing Debt-Service and Overall Expenses

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BOCA RATON, FL – July 15, 2021 – Grom Social Enterprises, Inc. (NASDAQ: GROM), which recently entered into an agreement to acquire Curiosity Ink Media, today announced its wholly-owned subsidiary, Top-Draw Animation (TDA), has secured an additional $1.7 million in new business commitments, increasing its overall backlog to approximately $8.0MM to be realized over the course of the next 12 months. TDA’s animation studio in Manila, the Philippines, produces animated series, movies, specials and short-form content on behalf of several leading global entertainment providers.

...read full article on Benzinga

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