GameStop Boosting Collectibles Business

GameStop is doubling the space in its stores dedicated to collectibles this year in forecasting 30-40% annual sales growth for the category through 2019, when the company projects that collectible sales will hit $1 billion. The move will increase collectible sections to 15% of display space in most GameStop stores, COO Tony Bartel told analysts as the company released earnings

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NFL Ups Anticounterfeiting Efforts

NFL Consumer Products is expanding its battle against counterfeit products available through Amazon Marketplace to hardgoods after having “greatly reduced” the amount of fake jerseys and other apparel sold through its third-party retailers, Chris Halpin, NFL SVP for licensing and consumer products, told us at the NFL Consumer Products Summit this week in Jacksonville, FL. The hardgoods effort will likely

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Rovio Entertainment Handling Licensing for Toonbox Title

Rovio Entertainment is negotiating to land a global master toy licensee for the “Kit ‘n Kate” pre-school animation series that’s expected to launch in the U.S. by 2018, Rovio’s Alex Lambeek tells us. The deal would be the first since Rovio struck a partnership with the animated series creator Toonbox last fall under which the game developer serves as a

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Inside Licensing News and Notes March 23

PVH Looks To Buy Back Some Licenses As part of a sharpened focus on its Calvin Klein and Tommy Hilfiger brands, PVH Corp. is weighing buying back some global licenses as they expire, CEO Emanuel Cherico told analysts. “There continue to be some license buy backs that we would be very excited to be in,” said Cherico without disclosing details.

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Former VF Corp. Executive Named Sequential Brands CEO

Former VF Corp. executive Karen Murray was named Sequential Brands Group CEO, replacing Yehuda Shmidman. The move ended the former Iconix chief operating officer’s four-year run as Sequential CEO that featured a series of acquisitions including Heelys, Martha Stewart Omnimedia and Jessica Simpson. The largest was the $353 million purchase of Martha Stewart Living Omnimedia in 2015. Sequential has struggled

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Glu Mobile Scaling Back on Celebrity Games

Glu Mobile is scaling back its celebrity licensed mobile games this year after three – “Katy Perry Pop,” “Britney Spears: American Dream” and “Nicki Minaj: The Empire” – weren’t “commercially successful,” the company said in its annual 10K. Glu plans to release two titles this year – a Taylor Swift game and version of its Tap Sports Baseball with a

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Spin Master Seeks To Grow Outbound Licensing

Spin Master Corp. will seek to expand its outbound licensing business this year, building on the strong sales of Hatchimals and seeking to land agreements for other properties including Etch-A-Sketch, company executives told analysts. Spin Master’s royalty and merchandising business was part of the company’s “other revenue” that increased 58.3% to $12.3 million in Q4 ended Dec. 31. For the

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Inside Licensing News and Notes – March 17th

Bid to Take Lifetime Brands Private Mill Road Capital has launched a bid to take Lifetime Brands private, potentially injecting additional funding to continue its acquisitions. Lifetime, which completed a string of purchases during the past year – Chicago Metallic, Swing-A-Way and Wilton Armetale –has long-time licensing agreements for Farberware (cutlery, cutting boards), KitchenAid (kitchen cutlery, bakeware, pantry products), Cuisinart

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Fandango to Launch E-Commerce Site

Fandango, best known for its movie-ticketing service, is entering the licensing business. The NBCUniversal-owned company in April will launch Fandango Fanshop, an online service that will sell a mix of third-party and directly licensed products including t-shirts, hats and other apparel, prop replicas, collectibles. Fanshop, which will be operated by Fandango, also will offer special promotions, with prizes such as

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As The Developing eSports Business Sorts Itself Out, First Tentative Steps Are Taken Toward Licensing

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