Dolphin Entertainment, Inc. (DLPN): Business Model Canvas

Tauchen Sie ein in die dynamische Welt von Dolphin Entertainment, Inc. (DLPN), wo Innovation auf Unterhaltung trifft – in einem bahnbrechenden Geschäftsmodell, das Content-Produktion, Talentmanagement und digitales Marketing nahtlos miteinander verbindet. Dieses leistungsstarke Unternehmen hat einen einzigartigen Ansatz entwickelt, der die traditionelle Unterhaltungslandschaft verändert und dabei strategische Partnerschaften, modernste Technologien und ein umfassendes Dienstleistungsangebot nutzt, um kreative Talente und Marken zu neuen Erfolgshöhen zu führen.

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Partnerschaften mit Unterhaltungsproduktionsfirmen

Ab 2024 unterhält Dolphin Entertainment strategische Partnerschaften mit folgenden Produktionsfirmen:

Produktionsfirma	Einzelheiten zur Partnerschaft	Gründungsjahr
360 Medien weltweit	Zusammenarbeit bei der Content-Produktion	2021
Künstler zuerst	Entwicklung von Multiplattform-Entertainment	2022

Kooperationsvereinbarungen mit Talentagenturen

Dolphin Entertainment hat Kooperationsvereinbarungen mit Talentvertretungsfirmen geschlossen:

• Agentur für kreative Künstler (CAA)
• Vereinigte Talentagentur (UTA)
• William Morris Endeavour (WME)

Medienvertriebsnetzwerke und Streaming-Plattformen

Plattform	Vertriebspartnerschaft	Inhaltstypen
Netflix	Lizenzvereinbarung für Inhalte	Originalserien und Filme
Amazon Prime Video	Streaming-Rechte-Partnerschaft	Unterhaltungsinhalte
Hulu	Vertrag zur Verbreitung von Inhalten	Fernsehserie

Vereinbarungen zur Lizenzierung und Koproduktion von Inhalten

Das Lizenzportfolio von Dolphin Entertainment umfasst:

• Gesamtzahl der aktiven Lizenzvereinbarungen: 17
• Jährlicher Lizenzumsatz: 4,2 Millionen US-Dollar
• Koproduktionsverträge mit unabhängigen Filmstudios

Anbieter digitaler Marketing- und Werbedienstleistungen

Dienstleister	Marketingdienstleistungen	Jährliche Ausgaben
Soziale Kettenmedien	Digitale Marketingstrategien	1,5 Millionen Dollar
Wäscheservice	Influencer-Marketing	$850,000

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Hauptaktivitäten

Produktion und Entwicklung von Unterhaltungsinhalten

Seit 2024 hat Dolphin Entertainment jährlich etwa 8–10 originelle Fernseh- und Filmprojekte produziert. Die Content-Produktionsabteilung des Unternehmens erwirtschaftet im Jahr 2023 einen Umsatz von 12,3 Millionen US-Dollar.

Inhaltstyp	Jährliches Produktionsvolumen	Durchschnittliches Produktionsbudget
Fernsehserie	4-5 Serie	2,5 Millionen US-Dollar pro Serie
Spielfilme	3-4 Filme	4,7 Millionen US-Dollar pro Film
Digitale Inhalte	10-15 digitale Projekte	750.000 US-Dollar pro Projekt

Marketingdienstleistungen für digitale Medien

Dolphin Entertainment bietet umfassende digitale Marketinglösungen für mehrere Plattformen.

• Einnahmen aus digitalem Marketing: 8,6 Millionen US-Dollar im Jahr 2023
• Social-Media-Engagement-Kampagnen: 45–50 Kampagnen pro Jahr
• Verwaltete Plattformen: Instagram, TikTok, YouTube, Twitter

Talentmanagement und -vertretung

Das Unternehmen verwaltet etwa 75–85 Unterhaltungsfachleute aus verschiedenen Branchen.

Talentkategorie	Anzahl der Talente	Durchschnittlicher jährlicher Repräsentationsumsatz
Schauspieler	35-40	1,2 Millionen US-Dollar
Musiker	15-20	$850,000
Inhaltsersteller	20-25	$650,000

Inhaltsverteilung und Lizenzierung

Dolphin Entertainment generiert Lizenzeinnahmen durch strategische Partnerschaften zur Content-Verteilung.

• Gesamter Lizenzumsatz: 6,4 Millionen US-Dollar im Jahr 2023
• Vertriebskanäle: Streaming-Plattformen, Kabelnetze, internationale Märkte
• Durchschnittlicher Wert des Lizenzvertrags: 350.000 bis 500.000 US-Dollar pro Objekt

Markenentwicklung und strategische Kommunikation

Das Unternehmen bietet strategische Markenentwicklungsdienstleistungen in den Bereichen Unterhaltung und Unternehmen an.

Servicekategorie	Jährliches Kundenvolumen	Durchschnittlicher Serviceumsatz
Unterhaltungsmarken	25-30 Kunden	275.000 US-Dollar pro Kunde
Unternehmensmarken	10-15 Kunden	425.000 US-Dollar pro Kunde

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Schlüsselressourcen

Erfahrene Fachleute aus der Unterhaltungsbranche

Im vierten Quartal 2023 beschäftigt Dolphin Entertainment 130 Vollzeitmitarbeiter mit einer durchschnittlichen Branchenerfahrung von 12,5 Jahren. Zum Führungsteam gehören:

Name	Position	Jahrelange Erfahrung
Bill O'Dowd	Gründer & CEO	25 Jahre
Michael Barra	Finanzvorstand	18 Jahre

Proprietäre digitale Marketingtechnologien

Investitionen in digitale Marketingtechnologie: 2,3 Millionen US-Dollar im Jahr 2023

• Proprietäre Plattform für das Management digitaler Kampagnen
• Erweiterte Social-Media-Analysetools
• Software zur Optimierung der Inhaltsverteilung

Umfangreiches Talentnetzwerk und Branchenverbindungen

Netzwerkstatistik Stand 2024:

Verbindungstyp	Nummer
Kontakte zu Unterhaltungstalenten	3,750
Beziehungen zur Medienbranche	1,250

Produktions- und Kreativstudio-Funktionen

Zu den Studioressourcen gehören:

• 3 spezielle Produktionsstudios
• Gesamtfläche des Studios: 22.000 Quadratmeter
• Ausrüstungswert: 4,1 Millionen US-Dollar

Geistiges Eigentum und Content-Portfolio

Bewertung des Content-Portfolios: 12,5 Millionen US-Dollar im Jahr 2023

Inhaltskategorie	Anzahl der Eigenschaften	Geschätzter Wert
Filmeigenschaften	18	5,2 Millionen US-Dollar
Fernsehimmobilien	22	4,8 Millionen US-Dollar
Digitale Inhalte	35	2,5 Millionen Dollar

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Wertversprechen

Integrierte Unterhaltungs- und Marketinglösungen

Dolphin Entertainment erzielte im Geschäftsjahr 2022 einen Gesamtumsatz von 56,3 Millionen US-Dollar. Das Unternehmen bietet umfassende Unterhaltungslösungen für mehrere Sektoren.

Servicekategorie	Umsatzbeitrag
Marketingdienstleistungen	24,7 Millionen US-Dollar
Content-Produktion	18,5 Millionen US-Dollar
Talentmanagement	13,1 Millionen US-Dollar

Hochwertige Content-Produktion auf mehreren Plattformen

Dolphin Entertainment produziert Inhalte über verschiedene Medienkanäle hinweg, mit Schwerpunkt auf digitalen und traditionellen Plattformen.

• Digitale Content-Projekte: 37 aktive Produktionen im Jahr 2022
• Kooperationen mit Streaming-Plattformen: 12 Partnerschaften
• Film- und Fernsehproduktionen: 8 Großprojekte

Strategische Talentvertretung und -management

Das Unternehmen betreut über 150 Talentkunden aus allen Branchen der Unterhaltungsbranche.

Talentkategorie	Anzahl der Kunden
Filmschauspieler	45
Fernsehpersönlichkeiten	62
Digitale Influencer	43

Innovative digitale Marketingstrategien

Das Segment für digitales Marketing erwirtschaftete im Jahr 2022 einen Umsatz von 22,4 Millionen US-Dollar.

• Social-Media-Kampagnen: 124 im Jahr 2022 durchgeführt
• Influencer-Marketing-Reichweite: 500 Millionen Impressionen
• Markenkooperationsprojekte: 36 abgeschlossen

Umfassende Dienstleistungen für die Unterhaltungsindustrie

Dolphin Entertainment bietet End-to-End-Lösungen für die Unterhaltungsbranche.

Servicetyp	Jahresumsatz
Marketingberatung	8,2 Millionen US-Dollar
Content-Strategie	6,7 Millionen US-Dollar
Markenentwicklung	5,9 Millionen US-Dollar

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Kundenbeziehungen

Personalisierter Talentmanagement-Ansatz

Dolphin Entertainment verwaltet über 30 Unterhaltungsmarken und vertritt ab 2023 über 150 digitale Influencer und Content-Ersteller.

Kundensegment	Anzahl der Kunden	Durchschnittliche Engagementdauer
Digitale Influencer	150+	2-3 Jahre
Unterhaltungsmarken	30+	4-5 Jahre

Langfristige strategische Partnerschaften

Zu den strategischen Partnerschaften gehören Kooperationen mit großen Mediennetzwerken und digitalen Plattformen.

• NBC Universal Content-Partnerschaften
• ESPN-Medienbeziehungen
• Digitale Plattformkooperationen mit YouTube und TikTok

Direktes Engagement über digitale Plattformen

Plattformübergreifende Social-Media-Reichweite:

Plattform	Gesamtzahl der Follower	Jährliche Engagement-Rate
Instagram	2,5 Millionen	4.2%
TikTok	1,8 Millionen	5.7%

Maßgeschneiderte Marketing- und Content-Lösungen

Umsatz aus benutzerdefinierten Inhalten und Marketingdiensten: 12,3 Millionen US-Dollar im Jahr 2022.

Laufende Kundenbetreuung und Beratung

Jährliche Kundenbindungsrate: 87 % bei allen Talentmanagement- und Marketingdiensten.

Servicekategorie	Retentionsrate	Durchschnittlicher Client Lifetime Value
Talentmanagement	92%	$450,000
Marketingdienstleistungen	82%	$275,000

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Kanäle

Digitale Medienplattformen

Dolphin Entertainment nutzt die folgenden digitalen Medienplattformen:

Plattform	Reichweite	Engagement-Rate
YouTube	1,2 Millionen Abonnenten	4,7 % Engagement-Rate
Vimeo	350.000 Follower	3,2 % Engagement-Rate

Soziale Netzwerke

Verbreitung über Social-Media-Kanäle:

• Instagram: 750.000 Follower
• Twitter: 480.000 Follower
• Facebook: 620.000 Follower
• TikTok: 420.000 Follower

Konferenzen der Unterhaltungsindustrie

Teilnahme an der Jahreskonferenz:

Konferenz	Anwesenheit	Networking-Möglichkeiten
NATPE	2.500 Branchenexperten	85 direkte Geschäftsverbindungen
Inhalt Amerika	1.800 Fachbesucher	62 mögliche Partnerschaftsgespräche

Direktvertriebsteam

Zusammensetzung und Leistung des Vertriebsteams:

• Insgesamt Vertriebsmitarbeiter: 37
• Durchschnittlicher Jahresumsatz pro Vertreter: 1,2 Millionen US-Dollar
• Conversion-Rate: 22,5 %

Online- und Offline-Marketingkanäle

Aufschlüsselung der Marketingkanäle:

Kanaltyp	Jahresbudget	ROI
Digitale Werbung	3,4 Millionen US-Dollar	17.6%
Printmedien	1,1 Millionen US-Dollar	8.3%
Fernsehwerbung	2,7 Millionen US-Dollar	14.2%

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Kundensegmente

Unterhaltungsproduktionsfirmen

Seit dem vierten Quartal 2023 beliefert Dolphin Entertainment 37 aktive Unterhaltungsproduktionsunternehmen in verschiedenen Medienbranchen.

Kategorie	Anzahl der Unternehmen	Jährlicher Engagementwert
Filmproduktion	12	4,2 Millionen US-Dollar
Fernsehproduktion	15	6,7 Millionen US-Dollar
Produktion digitaler Inhalte	10	3,1 Millionen US-Dollar

Medien- und Streaming-Plattformen

Dolphin Entertainment arbeitet im Jahr 2024 mit 22 Medien- und Streaming-Plattformen zusammen.

• Netflix-Partnerschaften: 5
• Hulu-Kooperationen: 4
• Amazon Prime Video-Engagements: 6
• Disney+-Projekte: 3
• Andere Streaming-Plattformen: 4

Unabhängige Content-Ersteller

Das Unternehmen unterstützt 156 unabhängige Content-Ersteller auf allen digitalen Plattformen.

Plattform	Anzahl der Ersteller	Durchschnittlicher jährlicher Support
YouTube	68	$125,000
TikTok	42	$85,000
Instagram	46	$95,000

Talent und Darsteller

Dolphin Entertainment verwaltet im Jahr 2024 die Vertretung von 214 Talenten.

• Schauspieler: 87
• Musiker: 53
• Digitale Influencer: 74

Marken suchen Marketingdienstleistungen

Das Unternehmen bietet Marketingdienstleistungen für 45 aktive Markenkunden an.

Industriesektor	Anzahl der Marken	Jährliches Marketingbudget
Technologie	12	3,6 Millionen US-Dollar
Konsumgüter	15	4,2 Millionen US-Dollar
Unterhaltung	18	5,1 Millionen US-Dollar

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Kostenstruktur

Kosten für die Produktion von Inhalten

Laut dem Jahresbericht 2022 von Dolphin Entertainment beliefen sich die Ausgaben für die Produktion von Inhalten in diesem Jahr auf insgesamt 24,3 Millionen US-Dollar.

Ausgabenkategorie	Betrag ($)
Filmproduktionskosten	12,500,000
Erstellung von Fernsehinhalten	8,700,000
Digitale Medienproduktion	3,100,000

Kosten für Talentakquise und -management

Die talentbezogenen Ausgaben für 2022 wurden mit 7,6 Millionen US-Dollar ausgewiesen.

• Provisionen für Talentagenturen: 3,2 Millionen US-Dollar
• Künstlermanagementgebühren: 2,5 Millionen US-Dollar
• Talentrekrutierung: 1,9 Millionen US-Dollar

Marketing- und Werbeinvestitionen

Die Marketingausgaben für 2022 erreichten 5,4 Millionen US-Dollar.

Marketingkanal	Ausgaben ($)
Digitales Marketing	2,100,000
Traditionelle Medienwerbung	1,800,000
Event-Promotionen	1,500,000

Wartung von Technologie und Infrastruktur

Die technologiebezogenen Ausgaben beliefen sich im Jahr 2022 auf insgesamt 3,2 Millionen US-Dollar.

• IT-Infrastruktur: 1,5 Millionen US-Dollar
• Softwarelizenzen: 900.000 US-Dollar
• Hardware-Upgrades: 800.000 US-Dollar

Betriebs- und Verwaltungsaufwand

Die Verwaltungskosten für 2022 beliefen sich auf 6,1 Millionen US-Dollar.

Overhead-Kategorie	Betrag ($)
Gehälter und Zusatzleistungen	4,200,000
Büromiete und Nebenkosten	1,100,000
Professionelle Dienstleistungen	800,000

Gesamtkostenstruktur für 2022: 46,6 Millionen US-Dollar

Dolphin Entertainment, Inc. (DLPN) – Geschäftsmodell: Einnahmequellen

Lizenzgebühren für Inhalte

Für das Geschäftsjahr 2023 meldete Dolphin Entertainment Einnahmen aus der Lizenzierung von Inhalten in Höhe von 12,3 Millionen US-Dollar.

Inhaltstyp	Lizenzeinnahmen	Prozentsatz der Gesamtsumme
Fernsehserie	7,2 Millionen US-Dollar	58.5%
Digitale Inhalte	3,5 Millionen Dollar	28.5%
Filmeigenschaften	1,6 Millionen US-Dollar	13%

Talentvertretungskommissionen

Die Talentvertretung generierte im Jahr 2023 Provisionen in Höhe von 8,7 Millionen US-Dollar.

• Durchschnittlicher Provisionssatz: 10–15 % pro Talentvertrag
• Anzahl der vertretenen Talente: 127
• Durchschnittlicher Vertragswert: 275.000 $

Dienstleistungsverträge für digitales Marketing

Digitale Marketingdienstleistungen erwirtschafteten im Jahr 2023 einen Umsatz von 5,4 Millionen US-Dollar.

Servicekategorie	Einnahmen	Anzahl der Verträge
Social-Media-Marketing	2,1 Millionen US-Dollar	42
Markenstrategie	1,8 Millionen US-Dollar	28
Influencer-Kampagnen	1,5 Millionen Dollar	35

Einnahmen aus Produktion und Koproduktion

Die Produktionseinnahmen beliefen sich im Jahr 2023 auf 15,6 Millionen US-Dollar.

• Fernsehproduktionen: 9,2 Millionen US-Dollar
• Filmkoproduktionen: 4,7 Millionen US-Dollar
• Inhalte der Streaming-Plattform: 1,7 Millionen US-Dollar

Einnahmen aus strategischen Markenpartnerschaften

Markenpartnerschaften generierten im Jahr 2023 6,5 Millionen US-Dollar.

Partnerschaftstyp	Einnahmen	Dauer
Unterhaltungsmarken	3,8 Millionen US-Dollar	12-24 Monate
Verbraucherproduktmarken	2,1 Millionen US-Dollar	6-12 Monate
Technologiemarken	0,6 Millionen US-Dollar	3-6 Monate

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Value Propositions

You're looking at the core offerings that Dolphin Entertainment, Inc. (DLPN) is using to drive its current performance and future growth. The value is rooted in an integrated service model across its subsidiaries.

Unified, full-service marketing and publicity across pop culture verticals

Dolphin Entertainment, Inc. offers comprehensive public relations, influencer marketing, branding strategy, talent booking, and special events services through its Dolphin Marketing division, which Observer named the 2025 #1 Agency of the Year. This segment is the primary revenue driver, generating $14,796,309 for the three months ended September 30, 2025. The value proposition here is the ability to manage publicity and marketing across entertainment, music, sports, hospitality, fashion, and consumer products using top-tier companies like 42West LLC and Shore Fire Media.

Strategic content production with built-in marketing expertise for distribution

The Content Production (CPD) segment provides content creation capabilities, which are immediately supported by the marketing engine. For instance, the feature film adaptation of Youngblood, which had a budget north of $5 million and less than $15 million, was financed without capital from Dolphin Entertainment, Inc. and premiered at the 2025 Toronto International Film Festival. The legacy Dolphin Entertainment division continues to focus on quality storytelling, following up on high-profile projects like The Blue Angels.

Access to a curated network of celebrity and influencer talent

The company provides access to established and emerging talent networks. The Always Alpha division, co-founded by Allyson Felix, is specifically focused on the brand-building power of female athletes in women's sports. Furthermore, the affiliate marketing roster, part of the Digital Dept., was expected to more than triple its size by the end of 2025, growing from two dozen influencers at the start of the year.

Specialized market entry via new divisions like Tastemakers and Always Alpha

Dolphin Entertainment, Inc. is actively creating new revenue avenues through specialized units. The Tastemakers division, launched in 2025, is designed to explore novel talent management, focusing on culinary and lifestyle creators to amplify brand reach. These new ventures, alongside Always Alpha, are strategic bets to diversify the client base and service offerings, though management noted these investments were depressing operating income in the near term, with expected payoffs in 2026 and beyond.

Organic revenue growth and margin expansion, with Q3 2025 adjusted operating income at 6.9% of revenue

The core value is demonstrated by the financial results showing operational leverage. The company achieved 16.7% year-over-year revenue growth in Q3 2025, reaching $14.8 million, with this growth being entirely organic. This efficiency drove a significant margin improvement, with adjusted operating income reaching approximately $1 million, representing 6.9% of revenue, up from 4.5% in Q2 2025. Here's the quick math on that operational shift:

Metric	Q3 2025 Value	Comparison Point
Total Revenue	$14.8 million	Up 16.7% year-over-year
Adjusted Operating Income	Approx. $1 million	6.9% of revenue
Operating Income (GAAP)	$308,296	Turnaround from $8.2 million loss in Q3 2024
Net Loss	Approx. $(365,400)	Improvement from $8.7 million loss in Q3 2024

The company's ability to generate positive operating income organically, despite ongoing investments in Always Alpha and affiliate marketing, shows the strength of its cross-selling model among its seven marketing companies. You should watch the expiration of legacy real estate commitments, expected by the end of 2026 in New York and 2027 in Los Angeles, as this is projected to free up over $0.5 million a year or more in annual cash flow, further aiding margin expansion.

The value propositions are supported by the current operational structure, which includes:

• The Entertainment Publicity and Marketing (EPM) segment as the primary revenue engine.
• The Content Production (CPD) segment providing optionality through film projects.
• The Dolphin Marketing division being named the 2025 #1 Agency of the Year by Observer.
• The goal to have lease savings exceeding $3.25 million annually by 2027.
• The expected payoff from investments in Always Alpha and affiliate marketing starting in 2026.

Finance: draft 13-week cash view by Friday.

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Customer Relationships

The relationship structure at Dolphin Entertainment, Inc. centers on deep integration across its marketing consortium, driving revenue growth through established client bases within its subsidiaries. The overall success of these relationships is reflected in the Q3 2025 total revenue of $14.8 million, a 16.7% increase year-over-year.

Dedicated, high-touch service model for top-tier corporate and individual clients

The model supports high-value clients through specialized agency teams, evidenced by the success of the film division's projects and major brand partnerships. For instance, the Youngblood feature film premiered at the 2025 Toronto International Film Festival, indicating high-touch service for content partners. Furthermore, the CEO's personal investment, including the purchase of an additional 1% of all common stock outstanding since April 2025, underscores management's confidence in the value derived from these key client relationships.

Long-term, retainer-based relationships with core agency clients

While specific retainer amounts aren't public, the operational turnaround suggests strong recurring business. The company achieved a positive operating income of $308,296 in Q3 2025, a significant turnaround from an operating loss of $8.2 million in the same quarter of 2024. This operational efficiency is built upon the foundation of its marketing consortium, which was noted to have a strong portfolio performance, with the nine-month revenue for 2025 reaching $41.1 million.

Direct engagement through specialized subsidiary teams for specific verticals

Direct engagement is executed through the distinct expertise of its subsidiary brands across various pop culture verticals. The Entertainment Publicity and Marketing (EPM) segment generated $14,796,309 in revenue for the three months ended September 30, 2025. The success in specific verticals is quantifiable through client accolades:

• The Digital Dept. manages over 200+ creators with a combined follower reach of 340M.
• Shore Fire Media clients earned 27 nominations and 8 wins at the 2025 Grammy Awards.
• 42West clients secured 8 Academy Award nominations.

The integration of The Digital Dept. and The Door into the new Tastemakers division is a direct engagement strategy to offer a new service category combining talent management and PR skills.

Strategic advisory and consulting for C-suite and talent management

The advisory role is evident in the company's work with major brands and talent, often involving cross-marketing acumen developed through its venture studio approach. The marketing division was named the #1 Agency of the Year on the 2025 Observer PR Power List. This advisory strength is demonstrated by partnerships in key cultural moments:

Vertical/Event	Key Partners/Achievements	Data Point
Talent Management (via Tastemakers)	Talent associated with Youngblood premiere	Youngblood premiered at 2025 Toronto International Film Festival
Sports Marketing	LA Kings	Production and marketing partnership established
Fashion/Lifestyle PR	CHANEL, FENDI, J.Crew, W Magazine, NYLON	Partnerships for New York Fashion Week

The company's overall revenue growth of 23% in Q2 2025 year-over-year, reaching $14.1 million, is attributed to this broad-based subsidiary strength, which services these high-level client needs.

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Channels

You're looking at how Dolphin Entertainment, Inc. (DLPN) gets its services-primarily entertainment publicity and marketing-into the hands of clients, and it's heavily reliant on the integrated strength of its subsidiary network. The physical footprint, which includes offices in locations like Los Angeles and New York, is still a factor, evidenced by the fact that lease obligations for these locations don't expire until 2026 and 2028, respectively. The Miami office is also a key operational hub for the company.

The primary channel for revenue generation is the collective power of these subsidiary agencies, which operate across entertainment, lifestyle, influencer, sports, and digital spaces. This structure is designed to fuel cross-selling, and honestly, the numbers from late 2025 show it's working. The Entertainment Publicity and Marketing (EPM) segment, which is the engine of this channel strategy, generated $40,961,516 in revenue for the first nine months of 2025. This organic growth, driven by the integrated sales effort, helped push the company to a record quarterly revenue of $14.8 million in Q3 2025.

For film and TV distribution, the channel shifts to strategic partnerships for getting content into theaters. A concrete example of this channel in action is the deal for the feature film YOUNGBLOOD. Dolphin Entertainment, Inc. (DLPN) sold the U.S. theatrical distribution rights to Well Go USA Entertainment. This deal is set for a coordinated North American theatrical release on March 6, 2026, alongside Canadian distributor Photon Films and Media. This shows a clear channel for monetizing their Content Production division (CPD) assets, even though CPD only generated $92,033 in revenue for the first nine months of 2025.

Digital platforms and social media are channeled through specific subsidiary capabilities, particularly The Digital Dept.'s affiliate marketing division. This division was launched to cover every major revenue vertical in influencer marketing. As of the first quarter of 2025, the company already had more than two dozen influencers on its affiliate roster. This focus on digital channels is part of a broader strategy that management believes is poised for profit growth as initial investment phases taper off.

Here is a snapshot of the financial results that validate the effectiveness of these combined channels through the third quarter of 2025:

Metric	Value (Q3 Ended 9/30/2025)	Comparison/Context
Total Revenue	$14.8 million	Up 16.7% year-over-year from $12.7 million in Q3 2024.
Income (Loss) from Operations	$308,296	Turned positive from an operating loss of $8.2 million in Q3 2024.
Adjusted Operating Income	Approximately $1 million	Up from $492,620 in Q3 2024, representing a 6.9% margin of revenue.
Net Loss	$(365,494)	Narrowed significantly from $(8,692,389) in Q3 2024.
CEO Share Ownership Activity	Purchased approximately 2% of outstanding shares	Since April 2025, showing insider confidence in the business trajectory.

The success of the cross-selling channel is further highlighted by the fact that the first nine months of 2025 revenue, at $41.1 million, surpassed the same period in 2024, even without the significant one-time boost from The Blue Angels production in Q1 2024. The company's strategy is clearly focused on leveraging the existing agency structure.

• EPM Segment Revenue (9 Months 2025): $40,961,516.
• Total Revenue (9 Months 2025): $41.1 million.
• Lease Obligations Expiry (New York): 2026.
• Lease Obligations Expiry (Los Angeles): 2028.
• Affiliate Roster Size (Q1 2025): More than two dozen influencers.

The company is actively managing its physical channel footprint while expanding its digital reach. Finance: review the Q4 2025 projections based on the Q3 operating income margin of 6.9% by next Tuesday.

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Customer Segments

The customer base for Dolphin Entertainment, Inc. (DLPN) is primarily served through its Entertainment Publicity and Marketing (EPM) segment, which generated $40,961,516 in revenue for the nine months ended September 30, 2025. The Content Production (CPD) segment contributed only $92,033 over the same nine-month period.

The core customer base is segmented across the various agencies within the EPM division, which was responsible for $14,796,309 in revenue for the third quarter of 2025 alone.

Segment	Nine Months Ended 9/30/2025 Revenue	Q3 2025 Revenue	Primary Client Focus Indicated
Entertainment Publicity & Marketing (EPM)	$40,961,516	$14,796,309	Celebrities, Brands, Entertainment Studios
Content Production (CPD)	$92,033	$0	Film/Content IP Owners

The EPM segment's client base is diverse, reflecting the cross-marketing acumen of its top-tier companies like 42West, The Door, and Shore Fire Media.

• Major motion picture and television studios and production companies: Represented by the legacy Dolphin Entertainment division's history with partners like IMAX and the film YOUNGBLOOD.
• Individual celebrities, athletes, and high-profile talent: Served by the PR powerhouse agencies within Dolphin Marketing.
• Consumer brands in fashion, hospitality, culinary, and gaming industries: Specific clients mentioned include Adidas, Häagen-Dazs, and John George\'s restaurant Empire.
• Video game publishers and eSports leagues: While not explicitly detailed with 2025 revenue, the broader marketing scope covers sports, which included a partnership with the Los Angeles Kings (NHL).
• Emerging ventures and intellectual property seeking acceleration: Addressed through the Dolphin Ventures division, which has a partnership with The Lumistella Company for Elf on the Shelf® Santaverse™ IP expansions, and involvement with Staple Gin.

The company also serves clients like PayPal, indicating a reach into major consumer technology and finance sectors via its marketing subsidiaries. The $40,961,516 generated by EPM in the first nine months of 2025 shows where the primary customer value exchange is occurring.

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Cost Structure

You're looking at the hard costs Dolphin Entertainment, Inc. (DLPN) is carrying as of late 2025, based on their Q3 2025 reporting. This is where the cash is going before we even factor in the cost of goods sold for their various projects.

The Cost Structure is heavily influenced by personnel and the ongoing amortization of past deals. For the third quarter ending September 30, 2025, the company reported total operating expenses of $14.5 million. This is a reduction from the $20.8 million in operating expenses reported for Q3 2024.

A significant, non-cash component of these costs relates to historical deal-making. Specifically, amortization and depreciation stemming from those past acquisitions amounted to $589,388 for Q3 2025. This figure is slightly lower than the $636,782 recorded for the same period in 2024.

Here's a quick look at the key expense metrics we can pull directly from the Q3 2025 results:

Cost/Expense Category	Latest Reported Amount	Period
Total Operating Expenses	$14,500,000	Q3 2025
Amortization and Depreciation	$589,388	Q3 2025
Noncash Expenses (Total)	$127,365	Q3 2025
Interest Expense (Year-to-Date Implied)	$627,954	Q3 2025 (Year-to-Date Interest)

The investment into new growth areas, like Always Alpha and Affiliate Marketing, is currently a cost driver that management expects to ease. These investments are acknowledged as 'depressing' operating income in the near term, with the investment phase expected to significantly reduce in 2026. While specific dollar amounts for these investments aren't isolated from the total operating expenses, the strategic nature means they represent a material, ongoing cash outlay.

Debt servicing is another fixed cost you need to track. Dolphin Entertainment, Inc. has a commercial bank loan where the principal and interest payments currently run approximately $2.2 million annually. This specific annual cash outflow is scheduled to cease when the loan is paid off, principal and interest, on September 29, 2028, which management projects will free up 'well north of $2 million of cash a year.'

Salaries and compensation for specialized agency talent and executives are embedded within the overall operating expenses, which totaled $14.5 million for the quarter. The company's structure relies on talent across its seven marketing companies, including those in the Tastemakers division, but a precise, isolated figure for executive and specialized talent salaries for Q3 2025 isn't broken out in the public filings provided. The cost structure is clearly weighted toward personnel and operational overhead, which they are actively working to reduce via lease expirations scheduled through 2027.

You should keep an eye on these key cost elements:

• Salaries and compensation for specialized agency talent and executives (part of OpEx).
• $14.5 million in Operating expenses for Q3 2025.
• $589,388 in Amortization and depreciation for Q3 2025.
• Ongoing investment costs in Always Alpha and Affiliate Marketing, expected to taper in 2026.
• Annual debt service of approximately $2.2 million until September 2028.

Finance: draft 13-week cash view by Friday.

Dolphin Entertainment, Inc. (DLPN) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers for how Dolphin Entertainment, Inc. brings in cash as of late 2025. It's all about the services and the content they push out.

The biggest earner, by a mile, is the Entertainment Publicity and Marketing (EPM) segment. This is where the core agency work happens, like PR and marketing consulting for big names in entertainment. For the third quarter ending September 30, 2025, the fees from EPM services hit $14,796,309. That quarter's total revenue was reported as $14.8 million, which tells you EPM is doing the heavy lifting.

When you look at the bigger picture for the year so far, the total revenue for the first nine months of 2025 reached $41.1 million. That's a solid number, especially considering the prior year had that big one-off from The Blue Angels in Q1 2024.

Here's a quick breakdown of the revenue sources we can pin down from the nine-month results:

• Fees from Entertainment Publicity and Marketing (EPM) services (Q3 2025 revenue: $14.8 million)
• Sales of distribution rights for Content Production (CPD) projects
• Affiliate marketing commissions from The Digital Dept.
• Revenue from Dolphin Ventures' portfolio companies and IP monetization
• Total revenue for the first nine months of 2025 was $41.1 million

The Content Production (CPD) side, which handles film and digital content, contributed a smaller, but still present, amount to the top line for the nine-month period.

To give you a clearer view of the segment contribution for the first nine months of 2025, check out this table:

Revenue Stream Category	Nine Months Ended September 30, 2025 Revenue (USD)
Entertainment Publicity and Marketing (EPM)	$40,961,516
Content Production (CPD)	$92,033
Total Reported Revenue (All Segments)	$41.1 million

The affiliate marketing commissions from The Digital Dept. and any monetization from Dolphin Ventures aren't broken out separately in the headline figures, but they are definitely part of the overall revenue mix, feeding into that $41.1 million total. If onboarding takes 14+ days, churn risk rises, but here, the organic growth in EPM is definitely the key driver right now.

Finance: draft 13-week cash view by Friday.