SANTA MONICA, Calif.—August 8, 2006—Genius Products, Inc. (OTC BB: GNPI) today announced that it will release financial results for its second quarter ended June 30, 2006 on Monday, August 14, 2006. As previously announced, Genius Products, Inc. completed the transaction with The Weinstein Company on July 21, 2006. The Company’s second quarter results reflect the operations of the Company prior to the consummation of the transaction with The Weinstein Company.

The Company also announced that its executives will host an investor conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Investors are invited to listen to Genius Products' conference call by dialing 866-831-6234 and using the passcode 56016164. International callers can dial 617-213-8854 and enter the same passcode. There will also be a simultaneous webcast available HERE.

A replay of the call will be available until August 28 and can be accessed by dialing 888-286-8010 from the U.S., or 617-801-6888 for international callers, and using the passcode 81983074. A replay webcast will also be available HERE.

About Genius Products, Inc.

Genius Products, Inc. (OTC BB: GNPI), along with The Weinstein Company, jointly own Genius Products, LLC, a leading independent home-entertainment distribution company that produces, licenses, and distributes a valuable library of motion pictures, television programming, family, lifestyle and trend entertainment on DVD and other emerging platforms through its expansive network of retailers throughout the U.S. Genius handles the distribution, marketing and sales for such brands as Asia Extreme(TM), Baby Genius®, Dragon Dynasty(TM), ESPN®, IFC®, NBC News®, Sundance Channel Home Entertainment®, Wellspring(TM) and The Weinstein Company®.

Safe Harbor Statement

Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements. The forward-looking statements reflect assumptions and involve risks and uncertainties that may affect Genius Products' business, forecasts, projections and prospects, and cause actual results to differ materially from those in these forward-looking statements. Risks and uncertainties include the matters described in Genius Products' filings with the Securities and Exchange Commission. Genius Products assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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