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

BOCA RATON, Fla., July 15, 2021 /PRNewswire/ — 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. 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.

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