Viacom Looking at Solid Consumer Products Growth

Viacom’s consumer products and live entertainment businesses have “significant room to grow” en route to generating $500-$600 million in annual revenue by 2020, Viacom CEO Robert Bakish told analysts. The Viacom business posted $280 million in revenue in the fiscal year ended Sept. 30 and is forecast to increase 25% to $350 million in the year ending in September 2018,

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Inside Licensing News and Notes, Nov. 16, 2017

BeBe Stores Posts ‘Going Concern’ Notice There is “substantial doubt” about BeBe Stores continuing as a “going concern” in 2018 with liabilities exceeding assets by $8.8 million, the company said in an SEC filing. BeBe, which shut its stores last year and shifted its business to a licensing joint venture, had $30.8 million in assets and $39.2 million in liabilities

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Land, Sea and Air: Luxury Auto Brands Extend Themselves in All Directions

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New Agency Formed to REP Female Soccer, Basketball Players

NFL Players Inc. (NFLPI) – the licensing arm of the NFL Players Association — has agreed with the U.S. Women’s National Team Players Association (USWNTPA) and the Women’s National Basketball Players Association (WNBPA) to form REP (Represent Every Player) Worldwide, an agency that will handle player licensing and brand management services. REP, majority-owned by NFLPI, will represent USWNTPA and WNBPA

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AMC to Test Product Sales in 35 Theaters in 2018

AMC Entertainment will test sales of licensed products in 35 theaters in 2018, having gained “strong studio support” for its plans, CEO Adam Aron told analysts. With 20 million customers at its theaters each month and 10 million enrolled in its AMC Stubs loyalty program, AMC can “participate in a bigger slice of movie-related revenue in the U.S.,” Aron said.

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Disney Consumer Product Q4 Performance Decline

Disney’s Consumer Products and Interactive Media division decreased 6% to $1.2 billion, and operating income decreased 12% to $373 million, which the company blamed on a “decrease at our merchandise licensing business.” “Lower results… were primarily due to a decrease in earned licensing revenues, higher third-party royalty expense and an unfavorable impact from foreign currency translation. Lower earned licensing revenues were due to decreased sales of

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Sequential Weighs Selling Five Brands

Sequential Brands Group is weighing its options, including a potential sale of five brands, as it sharpens focus on its better-performing businesses including the Martha Stewart and Gaiam brands, company executives told analysts. Sequential took a $36.5 million charge in Q3 ended Sept. 30 tied to the five brands — Revo (eyewear), The Franklin Mint (coins, jewelry), Caribbean Joe (luggage,

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Spin Master’s Q3 Sales and Income Both Jump

Spin Master Corp. is sharpening focus on internally developed IP, but remains committed to licensing film-based properties, company executives told analysts. Licensed film-based products typically account for 15-25% of Spin Master’s annual sales, Chief Financial Officer Mark Segal told us. While internally developed IP such as Hatchimals and LuvaBella dolls account for an ever-larger portion of Spin Masters’ sales, the

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Inside Licensing News and Notes, Nov. 9, 2017

H&M Readies Shopkins DTR H&M will launch a Shopkins direct-to-retail (DTR) program in December featuring t-shirts, leggings and fashion dresses targeting 6-14-year-old girls, says Moose Toys’ Alexandra Ries. Moose has about 300 licensees, including 75 in the U.S. for Shopkins, which generated about $1 billion at retail (about half in core collectibles and half in licensed goods) in 2016. Meanwhile,

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Zag America Re-Positioning ‘Miraculous – Tales of Ladybug and Cat Noir’ Licensing in U.S.

Zag America will re-position its Zag Heroez “Miraculous – Tales of Ladybug and Cat Noir” licensing program in the U.S. with the airing of series’ second season exclusively premiering on Netflix in December, with a new focus on an older audience, says Zag’s Andre Lake Mayer. When the series – two Parisian teenagers who transform into super heroes – debuted

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