Phone: 310-954-1100
E-mail: John Mills
Website: icrinc.com

For more investor information on Genius Products, please see the Standard and Poors site for the company.
Genius Products' Standard and Poors Page

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SANTA MONICA, Calif. – May 9, 2008 -- Genius Products, Inc. announced today that it will host a conference call to discuss its results for the first quarter ended March 31, 2008, at 5:00 p.m. Eastern Time on Monday, May 12, 2008. The Company will issue a detailed earnings announcement prior to the conference call.

Investors are invited to listen to Genius Products' conference call by dialing 888.713.4214 and using the passcode 61327635. International callers can dial 617.213.4866 and enter the same passcode

Click on the Webcast link below:

Webcast

"Participants may pre-register for the call at (the link below.) Pre-registrants will be issued a pin number to use when dialing into the live call, which will provide quick access to the conference by skipping the operator sequence upon connection.

Pre-Registration

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2007 Fourth Quarter Net Revenue was $185 million an increase of 144% compared to the Same Period in 2006

2007 Fourth Quarter Adjusted EBITDAS was $7 million

For the Year Ended 2007 Net Revenue was $474 million an increase of $199 million or 72% compared to the Same Period in 2006

Full Year 2007 Adjusted EBITDAS was $12 million

Issues 2008 Net Revenue Guidance Range of $600 million to $700 million and Adjusted EBITDAS range of $40 million to $50 million

SANTA MONICA, Calif.—March 17, 2008--Genius Products, Inc. (OTCBB: GNPI) today announces fourth quarter and full year results and issues new 2008 guidance. All of the discussion items in this release relate to Genius Products, Inc.'s equity investment in Genius Products, LLC.

Three Months Ended December 31, 2007
Net revenues for the three months ended December 31, 2007 were $185 million compared to the prior year’s quarter net revenue of $76 million, an increase of $109 million or 144%. Fourth quarter 2007 Adjusted EBITDAS was $7 million. Adjusted EBITDAS is earnings before interest, taxes, depreciation, amortization and approximately $19 million of non-recurring charges consisting of: non-branded business impairments and obsolescence costs.

“In less than two years we have built one of the largest home entertainment distributors, growing net revenue from $22 million in 2005 to over $474 million for the year ended December 31, 2007, and expanded our branded business to 33% of net revenue in 2007 from 12% in 2006. We believe we achieved approximately 4% market share in 2007 of the $24.1 billion home video industry compared to having minimal representation in 2005,” stated Stephen K. Bannon, Chairman. “As we streamline our DVD business and improve margins in 2008, we have made the strategic decision to move away from our non-branded business which constituted only 2% of net revenue for full year 2007 but included a significant amount of titles in our release slate. This move will improve efficiencies and free up resources to rapidly expand into branded business opportunities including Video Games, Music and digital commerce.”

“The fourth quarter gross revenue guidance miss was primarily driven by three factors; a softening of catalog sales in December, a shift of direct-to-video releases out of the quarter and the cancellation of a planned major retail program at the end of the year,” stated Trevor Drinkwater, President and CEO. “While not discounting the miss in guidance, we had an extremely successful fourth quarter and full year on a number of measures. First, we accomplished our goal of achieving full year profitability on an adjusted basis. Second, we have now completed the build-out of our platform and can focus on driving efficiencies, cost savings and margin improvement. Third, we began the expansion into new businesses such as Video Games and digital commerce.”

“As we enter 2008, our team has Genius well positioned to exploit the platform we have built to deliver 2008 net revenue in the range of $600 to $700 million and adjusted EBITDAS in the range of $40 to $50 million. 2008 represents phase two of our aggressive growth strategy which will focus on continued revenue growth and improvements in margin through brand and content partnerships, content production, intellectual property ownership, and expansion into additional revenue streams.”

Beginning in 2008, Genius Products, LLC is providing Net Revenue Guidance compared to Gross Revenue Guidance. Gross Revenue guidance was used to demonstrate the Company’s ability to manage an efficient supply chain. This shift to Net Revenue puts the Company’s guidance in line with its industry peers and the Company believes the Net Revenue guidance will simplify its reporting and give investors a better metric for measuring our performance going forward. From hereafter, we will use the term revenue which means revenues after deducting returns, discounts and allowances.

2007 Financial and Operating Achievements:
• Grew revenue by 72% from 2006
• Increased branded content to 33% of revenue from 12% in 2006
• Reduced returns, discounts and allowances from 28% in 2006 to 27% in 2007
• Completed final transition out of non-branded businesses; impacting 2007 by $19 million of non-recurring costs
• Shipped over 60 million units and released approximately 350 titles
• Commenced co-productions with RHI (Hallmark), QD3, Entertainment Rights, Sesame Street and others
• Launched digital program with iTunes, Netflix, Microsoft, Amazon and others

2008 Revenue Growth Opportunities:
• TWC revenue expected to increase approximately 10% driven by a significant increase in direct-to-video and other catalog titles, partially offset by a softer TWC release slate. TWC’s theatrical business in calendar 2008 is weighted towards the fourth quarter and will have a significant positive impact on the first half of 2009
• Genius branded business is expected to double through the implementation of retail-based programs, additional branded partnerships, release of co-productions and new business from existing major brands
• Expanding into higher margin video games, direct response, and service agreements which is projected to represent 6% of revenue in 2008
• Expanding relationships with branded partners into interactive, digital and licensing
• Expanding into Canada

2008 Margin Improvement Opportunities:

• Non-TWC revenue expected to represent 50% of full year 2008 revenue
• Streamlined organization is expected to reduce overhead by approximately $3 to $6 million as compared to prior year
• Margin expansion through co-productions, content acquisition new branded content partnerships
• Pursuing supply chain and back room service efficiencies

The company expects to achieve the following results for 2008:

• Full year revenue guidance in the range of $600 to $700 million
• Full year adjusted EBITDAS expected to be in the range of $40 to $50 million
• Full year Free Cash Flow is expected to be in the range of $33 to $43 million

“We believe we are well positioned for profitable growth in 2008,” stated Mr. Trevor Drinkwater, President and CEO. “As we enter 2008 our branded business is poised for continued strong growth which will be slightly offset in the first half of 2008 by a light TWC theatrical release schedule which was partially impacted by the recently ended writer’s strike.”

Mr. Drinkwater concluded, "In 2008, we have a solid video release schedule of direct to video and theatricals from TWC including The Great Debaters, Superhero Movie, and much-anticipated sequels from the proven Dimension Films Label. We also enter 2008 with expanding revenue streams from a strong co-production slate, video game offerings as well as expanding relationships with our content partners through traditional and non-traditional distribution in the areas of interactive, digital commerce."

Genius Products, LLC Actual Results for the Three Months ending December 31, 2007

Genius generated revenue of $185 million, an increase of 144% compared to the prior year’s quarter. This revenue growth was attributable to: $67.6 million from a stronger slate of TWC films, including Planet Terror, 1408, Sicko, Halloween, and Nanny Diaries and $40.6 million from arrangements with branded partners, primarily Classic Media, WWE®, and Sesame Street®.

For the three months ended December 31, 2007, adjusted gross profit was $15 million or 8%. This excludes $19 million of costs associated with non-branded business impairments and obsolescence. Excluding these adjustments, Gross loss was $4 million.

For the three months ended December 31, 2007, general and administrative expenses were $8.2 million as compared to $7.3 million for the three months ended December 31, 2006, an increase of $0.9 million or 12.3%, primarily caused by the expenses of Castalian (acquired in April 2007). For the three months ended December 31, 2007 general and administrative expenses were $8.2 million compared to $10.8 million for the third quarter of 2007, a decrease of $2.6 million or 24%.

For the three months ending December 31, 2007, Adjusted EBITDAS was $7 million. Adjusted EBITDAS is earnings before interest, taxes, depreciation, amortization and $19 million of charges associated with non-branded business impairments and obsolescence.

Adjusted net income was $7 million which excludes $19 million of non-branded business impairments and obsolescence. Net loss for the quarter was $12 million.

Total current assets at December 31, 2007 were $147 million including $123 million of accounts receivable net of provisions.

As of December 31, 2007, Genius Products, LLC had $14.1 million in cash and restricted cash. The Company had total debt net of cash of $25 million as of December 31, 2007.

Genius Products, LLC Actual Results for the Full Year Ended December 31, 2007

Genius generated revenue of $474 million, net of sales returns, discounts and allowances of $177 million for the year ended December 31, 2007 an increase of 72% compared to the prior year. Revenue for the year ended December 31, 2007 were primarily composed of sales of TWC titles, driven by the 17 Theatrical Titles totaling approximately $308 million in domestic Box Office receipts and the 70 TWC direct-to-video titles, in addition to sales of branded content including titles such as the Christmas Classics Giftset, under our agreements with Classic Media, WWE®, Sesame Street®, Arts Alliance and RHI Entertainment.

For the year ended December 31, 2007, adjusted gross profit was $41 million, with an adjusted gross profit margin of 9%. Adjusted gross profit excludes $19 million of non-recurring charges consisting of costs associated with non-branded business impairments and obsolescence. Gross profit for the year was $23 million.

For the year ended December 31, 2007, general and administrative expenses were $38.4 million, amounting to 8.1% of revenue.

Adjusted EBITDAS for the year ended December 31, 2007 was $12 million. Adjusted EBITDAS is earnings before interest, taxes, depreciation, amortization and $23 million of non-recurring charges consisting of: $19 million of costs associated with non-branded business impairments and obsolescence and $4 million of non-recurring G&A associated with professional services and temporary office space.

For the year ended December 31, 2007, interest expense was $1.7 million, net of interest income. Adjusted net income for the year ended December 31, 2007 was $5 million, which excludes the $23 million of non-recurring charges mentioned above. Net loss was $18 million for the year ended December 31, 2007.

Investor Conference Call The Company's executives will host an investor conference call today to discuss its results for the fourth quarter and year ended December 31, 2007, at 8:30 a.m. Eastern Time. Investors are invited to listen to Genius Products' conference call by dialing 888 -680-0878 and using the passcode 39567717. International callers can dial 617-213-4855 and enter the same passcode.

A replay of the call will be available until March 31st and can be accessed by dialing 888-286-8010 from the U.S., or 617-801-6888 for international callers, and using the passcode 77073824. A replay webcast will also be available at the Investor Relations portion of the Genius Products website at www.geniusproducts.com.

Click on the Webcast, Financial Tables & Presentation links below:

Webcast

Financial Tables

Presentation

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SANTA MONICA, Calif. – March 7, 2008 -- Genius Products, Inc. announced today that it will host a conference call to discuss its results for the third quarter ended December 31, 2007, at 8:30 a.m. Eastern Time on Monday, March 17, 2008. The Company will issue a detailed earnings announcement prior to the conference call.

The 8:30 a.m. Eastern (5:30 a.m. Pacific) conference call on March 17, 2008 will be hosted by Stephen K. Bannon, Chairman, Trevor Drinkwater, President and CEO, and John Mueller, Chief Financial Officer. Investors are invited to listen to Genius Products' conference call by dialing 888.680.0878 and using the passcode 39567717. International callers can dial 617.213.4855 and enter the same passcode

Click on the Webcast link below:

Webcast

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SANTA MONICA, Calif.—January 6, 2008--Genius Products, Inc. (OTCBB:GNPI) announced today that management will deliver a presentation on behalf of the Company at the Roth 20th Annual OC Growth Stock Conference at the Ritz Carlton Laguna Niguel in Dana Point, CA on February 18-21, 2008. The Company presentation is scheduled for Tuesday, February 19th at 1:00 PM (Pacific). Trevor Drinkwater, President and Chief Executive Officer, and John Mueller, Chief Financial Officer, will host the presentation.

Click on the Webcast link below:

Webcast

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SANTA MONICA, Calif.--(BUSINESS WIRE)--Genius Products, Inc. (OTCBB:GNPI) announced today that management will deliver a presentation on behalf of the Company at the 10th Annual ICR XChange Conference, to be held on January 16-17, 2008, at The St. Regis Monarch Beach Resort & Spa, Dana Point, Calif. The Company presentation is scheduled for Wednesday, January 16th at 3:55 PM (Pacific). Trevor Drinkwater, President and Chief Executive Officer, and John Mueller, Chief Financial Officer, will host the presentation.

Click on the Webcast link below:

Webcast