Social Media Offers More Artists The Chance To Build Their Own Brands, Followings

For licensed artists, building a brand is increasingly rivaling paint and brushes as a staple for gaining retail distribution in home goods. That need for brand recognition comes at a time when retailers are more risk averse than ever in seeking designs and brands for products. And while retailers continue to seek artwork that will separate them from the competition,

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Jakks Tries To Grow Global Business; Q1 Off Slightly

Jakks Pacific is seeking to build its international business with licensing agreements, having recently signed a multi-year extension with Disney for China and landed fresh investment from China’s Hong Kong Meisheng Culture Co., Jakks executives told analysts. More than 50 Disney properties are covered by a deal announced in March for costumes, action figures and other products, including Disney Princess

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Inside Licensing News and Notes, April 25

Executive Appointments Randi Spieker, ex-Cherokee, Rovio, Hybrid/Jem and Paramount, named Pres. of Brand Central, new position, overseeing all client management, new business and marketing; Janna Markle, ex-Brand Licensing Team, appointed VP, based in Louisville, KY, overseeing the company’s Midwest business along with several food and beverage clients, including Tropicana and Sonic Drive-In.   Imax VR Center in L.A. Sets Stage

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Hasbro Q1 Net Income Jumps 41% on 2% Revenue Gain

Hasbro Q1 posted a 2% gain for Q1 ended March 31 as it sold off excess inventory partly tied to entertainment properties and benefitted from strong sales of toys tied to the Disney Princess and Frozen licenses, company executives told analysts. Net income jumped 41% to $68.6 million as revenue rose 2% to $849.7 million, including a 24% gain in

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Mattel Cites Leftover Inventory Issues in Q1 Report

Mattel’s net loss for Q1 ended March 31 widened to $113.2 million from $73 million a year earlier, as sluggish holiday sales left it with increased inventory. Mattel’s Q1 global net sales fell 15% to $735.6 million, led by a 16% drop in revenue from girls and boys brands to $441 million. Within the girls and boys segment, global entertainment-related

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Inside Licensing News and Notes April 19, 2017

Executive Appointments Linne Kimball, ex-IMG and Reebok, named VP Strategic Partnerships at The Life is Good Company… Anna Kislevitz, ex-Esquire Footwear, named Director of International Licensing at Striker Entertainment, new post covering the UK and Europe, where the agency has sub-agents and about a dozen licensees for The Walking Dead, Five Nights at Freddy’s and other properties. Kislevitz will be

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Highly Promotional Environment A Drag on Toys R Us Q4 Sales

Toys R Us, hampered by sluggish sales tied to “continued weakness” in entertainment-related products, posted a 3.9% decline in revenue in Q4 ended Jan. 28 to $4.6 billion on a 3% drop in same-store sales. Despite the decline in Q4 sales, net income for the quarter rose to $344 million from $276 million. A sharp drop in December sales, driven by

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Disney, Hasbro Unveil ‘Star Wars Forces of Destiny’

Disney and Lucasfilm will launch the “Star Wars Forces of Destiny” series on animated shorts in July, backed by new 11-inch Hasbro Adventure Figure toys, combing traditional dolls with action figures. The 2-3-minute shorts, which will air first on Disney YouTube, will focus on the adventures of female Star Wars characters, including Rey, Jyn Erso, Sabine Wren, Princess Leia, Ahsoka

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Iconix Seeks Ascending Brands

In seeking to expand, Iconix Brand Group must “think more broadly” in acquiring companies, and rely less on buying distressed IP, Iconix CEO John Haugh said at a recent Cowen & Co. investor conferenece. Since hiring Haugh a year ago, Iconix has sold off the Sharper Image brand. And Iconix is now turning to acquiring brands with business that is

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Inside Licensing News and Notes – April 13

Beatles Lyrics Move Onto Drinkware Beatles lyrics are finding their way onto drinkware. Travel mug supplier Tervis will field product later this year featuring lyrics from three “well-known” Beatles songs, says Tervis’ Maureen Mason. Mason declined to comment on which songs will be used. The 16-ounce and 24-ounce water bottles and mugs, which ship this summer, contain lyrics from Lennon

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