IP

“As it currently stands, many of these platforms are commercializing IP in ways that undermine fan engagement efforts, devalue brands, and misuse names and likenesses,” Krauss said in a statement.

"As the location of website visitors are usually determined through IP addresses, it could be that those figures are inaccurate when a portion of visitors are using VPNs."

Founded by Collins and Justin Hackney, Wonder Studios uses AI across three strands of business: commercial work, IP partnerships, and production of original entertainment content.

Revenue climbed to $110.4 million from $93.2 million a year before, driven by an uptick in both product revenue and IP royalties.

“A very strong portfolio of sports, and we can use that to drive people into our entertainment programming and use that to build our next generation of franchises and IP.”