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Genius Brands Announces Deal to Create Stan Lee Universe

Genius Brands Announces Deal to Create Stan Lee Universe

"Buy the rumor, sell the news" seems to be the case with Genius Brands' (NASDAQ: GNUS) announcement today that the children's video entertainment company has signed a deal with Stan Lee's Pow! Entertainment to create Stan Lee Universe. Genius Brands said Stan Lee Universe will be jointly owned by the two companies with the express purpose of developing properties created by Stan Lee, of which there are over 100.