About Wow Unlimited Media
Wow Unlimited Media, Inc. (Wow) operates as an animation-focused entertainment company. The company operates as a subsidiary of Wow Exchange Co. Inc. The company engages in producing top-end content and building brands and audiences on the most engaging media platforms. The company produces animation in its two established studios: Frederator Studios in the U.S.A., which has a 20-year track record; and one of Canada’s largest, multi-faceted animation production studios, Mainframe Studios, which has a 25-year track record. The company also operates Channel Frederator Network on YouTube. Segments The company operates through Animation Production, and Networks and Platforms segments. Animation Production This segment includes work-for hire services, as well as original intellectual property creation and monetization. Networks and Platforms This segment includes advertising and subscription revenue driven entertainment platforms for niche demographics. As of May 11, 2022, this segment primarily consisted of digital advertising video on demand revenues from YouTube. The company’s intention within animation production is to expand its business model such that it selectively invests and has ownership interests in certain films and television shows it produces. Examples of this include projects, such as ReBoot, which is wholly-owned by Wow and financed by a production loan secured by various licensing and distribution contracts and government incentives; and Castlevania, which is wholly-owned and financed largely through licensing to Netflix. These investments in intellectual property reflect management’s view that one of Wow’s largest opportunities for growth lies in the ownership and exploitation of intellectual property across multiple viewing platforms. Wow’s production service business has provided, and will continue to provide, a significant source of revenue and cash flow to Wow over the term of each contract. History The company was founded in 2008. It was formerly known as Rainmaker Entertainment Inc. and changed its name to Wow Unlimited Media, Inc. in 2016.
