Magazines Expand Their Use of Licensing to Define Themselves as Lifestyle Brands

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Inside Licensing News and Notes June 26, 2017

Glu Mobile Signs WWE License for Mobile Games Glu Mobile signs a multi-year deal with World Wrestling Entertainment to develop mobile games, further distancing itself from the celebrity licensing that once was its core business. Glu, which earlier this year reached an agreement for a Major League Baseball-licensed version of its Tap Sports Baseball, will release the WWE title in

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WowWee Seeks Boost from Licensing

WowWee Group will increasingly bring its touch and motion sensor and other technologies deployed in its branded robots into licensing, says Head of Licensing Adam Fairless. The Minions-based MIP Turbo Dave that launched earlier this year borrowed much of its technology – GenstureSense for responding to claps and swipes, Bluetooth and iOS and Android apps – from the original MIP

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Inside Licensing News and Notes June 20, 2017

Nathan’s Famous Royalty Revenue Increases Nathan’s Famous’ royalties for the fiscal year ended March 26 rose 2.8% to $17 million as licensee John Morrell & Co. continued to expand sales of its hot dogs in the grocery aisle, Nathan’s said in a 10K filed with the SEC. Morrell’s hot dog licensing agreement runs through 2032, with a $10 million minimum

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Sharp Takes Licensing Battle with LCD-TV licensee Hisense to Court

Sharp Corp. is suing Chinese TV manufacturer Hisense — its LCD-TV licensee for North, South, and Central America — in the Superior Court of California, San Francisco, formally ending what had been discussions about terminating the license that began last September, the Wall Street Journal reported. The suit alleges that Hisense “cut corners” on its Sharp-branded LCD TV line in

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TRU QI Loss Widens

  Toys R Us’ net loss for Q1 ended April 29 grew to $163 million from $125 million a year earlier as the toy retailer continued to be battered by “slower growth” in toys and “aggressive price discounting” by its competitors, CEO David Brandon said. The chain’s Q1 net sales fell 4% to $2.2 billion amid a decline in sales

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Home Automation Connecting with Licensed Brands

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Loot Crate Blames Material Costs for Price Increase

Loot Crate this month is imposing the first price increases for its subscription boxes, says VP Licensing Brian Mann. Increases range from 4% to 8% depending on the length of the subscription, which can run up to one year. Only the entry-level one-month entertainment box remains unchanged at $15.99. A portion of increases were tied to rising costs, chief among

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Inside Licensing News and Notes June 9, 2017

Lionsgate Forecasting $250 Million in Location-Based Licensing Revenue Over 10 Years Lionsgate predicts that it will generate $250 million in location-based licensing revenue during the next 10 years, CEO Jon Feltheimer told analysts. More than half the total is guaranteed, he said. The revenue includes a Lionsgate zone at Dubai Parks and Resorts’ Motiongate Resort, the first portion of which

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Funko Prepping Displays in TRU, B&N

Funko will have an in-store destination display at Toys R Us for its collectibles this fall and also is readying a shop-in-shop for 250 Barnes and Noble locations, says the company’s Shawn Socoloff. A Toys R Us spokesman confirmed plans for the display this fall and said it will be chainwide, with the size based on location and size of

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