U.S.-Based, GROM is an entertainment, technology, social media company that is dedicated to family-friendly programming, web-filtering technology, and safe, secure social media for kids.
It is the only COPPA-compliant social media app for kids under 13 that allows video recording and sharing while also giving parents and caregivers an active role in the app to keep kids safe, engaged, and entertained.
Social Media is dominating our lives and is here to stay! In fact, the digital media market is projected to reach a WHOPPING US$939.679 billion by the year 2026.
Kids are no exception to audiences of social media and online content. However, a lot of content and social media apps are unsafe or inappropriate for their age range.
According to a study conducted in 2019 by Linda Charmaraman, the director of the Youth, Media & Wellbeing Research Lab at Wellesley College, over 90 percent of the 773 middle schoolers surveyed during the first wave of the study reported that they had their own smartphone and nearly three-quarters of those kids had already started using Instagram or Snapchat while more than 40 percent were 10 or younger when they first joined.
GROM is dedicated to developing family-friendly programming, web-filtering technology, and safe, secure social media for kids.
GROM also provides safety and web filtering services to schools and government agencies. 76% of parents today worry their kids will become exposed to inappropriate or harmful content online. With GROM’s filtering services, this helps eliminate that worry and keep the internet a safer place.
Even more exciting, the company’s recent announcement that their animation studio, Top Draw Animation received an additional $1.5 Million in new animation production business is very exciting as programmers are turning to them for their services.
“More and more, programmers are turning to Top Draw to ensure their content is executed by professionals dedicated to delivering the best possible animation. From day one, I was impressed by the loving attention to detail, and passion for animation all of our employees share and we’re excited to serve as a go-to studio for entertainment companies that expect the absolute best.”
-Top Draw’s President, Russell Hicks
The Kids Digital Media market is HUGE as more parents and families turn to companies like GROM to keep their kids safe and entertained. The market was valued at $1.7billion in 2021 and is predicted to continue to BOOM.
Grom Social Enterprises Inc. (NASDAQ: GROM) not only a part of this favorable market but it is proving to be a leader as it continues to funnel out content at impressive rates!
Even more exciting, the company’s subsidiary, Curiosity Ink, is BRIMMING with IP, including the popular Santa.com, the company's digital online hub, where kids and adults can shop forthe holiday season in a one-stop, modern update of the classic department store that pulls out all the stops when celebrating the merriest time of year.
The return of Santa.com and the addition of ecommerce links directly in the BOOMING e-tail business and gives the company a chance to participate in the explosive and growing holiday retail market, projected to top $1 trillion this year.
In 2021, consumer holiday spending climbed to an unprecedented 16.1% over 2020 and forecasts for 2022 anticipate ecommerce sales to increase 15.5% to nearly $235.86 billion in holiday sales!!
U.S.-based, Grom Social Enterprises Inc. is an entertainment, technology, social media company that is dedicated to family-friendly programming, web-filtering technology, and safe, secure social media for kids.
GROM is the only COPPA-compliant social media app for kids under 13 that allows video recording and sharing while also giving parents and caregivers an active role in the app to keep kids safe, engaged, and entertained.
The company’s social media app, Grom Social, is focused on providing safe, entertaining features to keep kids engaged. They have recently announced a new feature: an in-app safety feature that provides greater parental control over kids’ social media activity. This gives parents the exclusive control over their kids' personal identifiable information (PII) and greater ability to monitor their child's activity while posting, sharing and chatting with other kids on the app.
The company owns Top Draw Animation Studio, based in the Philippines which produces 250 hours of 2D animation annually and has accumulated over 2,000 hours of production under the Top Draw banner.
Grom’s newest subsidiary is: Curiosity Ink Media, a media company that delivers rich stories with incredible heart for both young audiences and families. Specializing in both the creation of original content as well as revitalizing underutilized existing properties, Curiosity Ink Media produces feature films, television series, and physical books for a modern generation of kids and families.
“Introducing your child to social media for the first time can be a daunting and frightening process. With a Parent account from Grom Social, you can help protect your child and feel more secure when they explore online by creating a digital safety net for your child and having conversations about their online journey. From your parent account, you control what personally identifiable information about your children is shared, and monitor their activity including posts, comments, chats, and friend requests.”
Created by kids, for kids, Grom Social is a trusted, responsible, bully free space that encourages every child to dream big, be kind and stay safe.
With more than 15 million users to date (including parents) and growing rapidly, GROM’s mission is to teach kids around the world how to be good digital citizens, while providing parents with 100% transparency.
The Grom App is SAFE, all children must have permission from their parents to create an account before they can use any feature that requires the submission of any PII (Personal Identifiable Information) into the company’s system.
Once the child’s Grom account is connected to the parent account and approved, the child can start posting publicly in the app or sharing privately with friends.
The parent account is used to monitor the activity of the child in the app, including their friends requests, communications, and connections. Grom Social does not allow any harmful or negative content in the app. If a child posts something that is deemed objectionable, then the parent will be informed and that content will only be seen by the parent. Content that does not meet their rules of conduct will not be visible to the public or any other users in the app.
In June 2016, Grom Social bought Top Draw Animation, a full-service production studio, expert in digital platforms based in the Philippines which produces 250 hours of 2D animation annually and has accumulated over 2,000 hours of production under the Top Draw banner.
Some of Their Works:
Grom Social Enterprise Inc.’s newest subsidiary, Curiosity Ink, is an experienced and highly talented media group that creates rich stories with heart for kids and families while using unique, emerging, and traditional platforms for their content. They offer film, TV, and publishing projects to inspire the next generation of thinkers and dreamers.
Currently in development from Curiosity Ink Media is The Pirate Princess, which tells the story of an infant princess who washes ashore an island led by a no-nonsense but loving pirate captain who, along with his motley crew, band together to raise the child.
The development will be a new, original intellectual property (IP) franchise slated for global theatrical distribution. The Pirate Princess will debut in Fall 2022 as an original graphic novel and serve as a springboard for the film and other future ancillary opportunities including publishing, a recurring series and consumer products.
Grom Educational Services Inc. (GES) is a subsidiary of its parent company, Grom Social Enterprises Inc., a leading children's safe, social media content driven destination for kids between the ages of 5 and 16. Grom Social’s top priorities are devotion to social responsibility, good digital citizenship, positive social interaction and keeping “Groms” safe online!
Grom Educational Services’ goal is to enhance safety, good digital citizenship, education, and social responsibility by giving schools and parents the ability to monitor and filter their students’/children’s access to the technology of today while educating youth simultaneously.
The U.S. Education Market in 2018 was approximately USD 1,411.03 billion. The market is expected to grow at a CAGR of 4.7% and is anticipated to reach around USD 1,949.99 billion by 2025.
NetSpective offers assistance, guidelines, best practices and additional security resources to Grom’s customers with their suite of remote filtering software. This software assists in the process off-campus or remote learning by providing:
Utilizing the NetSpective WebFilter Abuse Detection feature can help administrators better identify potentially harmful online student activity. By flagging the “Self-Harm and Suicide” category and others, school administrators are alerted when related words are searched.
The Grom Digital Citizenship Program (DCL) is free for all NetSpective WebFilter Customers. The proprietary DCL program is a series of 6 short videos presented by Zach Marks, founder of Grom Social, that teaches students/minors how to be responsible and safe online.
The DCL covers additional CIPA requirements providing for educating minors about appropriate online behavior. The topics include: what is digital citizenship, why do we need to be good digital citizens, how can we be good digital citizens, Cyber Bullying is no joke, what do you do if you are being bullied, and ”THINK”ing before you post. Together with the NetSpective WebFilter they truly bridge the gap between education and protection.
U.S.-based, Grom Social Enterprises Inc. (NASDAQ: GROM) is a social media and content provider for kids that is quickly developing an impressive IP as it dips its toes in multiple, exciting industries!
Grom’s animation studio, Top Draw Animation recently received an additional $1.5MM for animation production assignments as the company becomes a TOP animator for many programmers.
The company’s Santa.com favorably places its subsidiary, Curiosity Ink, in the BOOMING e-commerce market that is projected to hit $1trillion this year!!
Social Media is DOMINATING our culture in recent years and Social Networking designed FOR kids is becoming HOT as more and more families seek out safe ways for their kids to socialize and be entertained online!
All of this points to GROM as an innovator in BOOMING industries including kid’s digital media, as the company continues to funnel out content, create impressive IPs, and form exciting partnerships that position GROM as a LEADER!
Grom Social Enterprises Inc.. is a client of Tradigital IR, an investor relations and communications firm. Please see our disclosures in the research report as well as on our website www.Tradigitalir.com.
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