Activision Sharpening Focus on Core IP in Restructuring

Activision Blizzard Entertainment is sharpening its focus on its own IP – including the Overwatch League’s second season and a new Esports league based on “Call of Duty” – amid a broad restructuring that will shed 784 jobs. The publisher unveiled the restructuring as it prepares for this week’s start of the Overwatch League’s second season that will feature eight

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DHX Highlights Peanuts Progress 

Peanuts Worldwide signed 66 consumer products licensing agreements in Q2 ended Dec. 31 and is readying Apple TV programming for later this year, DHX Media executives said in releasing earnings. DHX’s share of Peanuts-related consumer product revenue rose 7% during the quarter, Executive Chairman-CEO Michael Donovan said.  DHX owns 41% of Peanuts Worldwide, while Sony has 39% and the estate

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Jewel Branding & Licensing Merges with Artworks! Licensing

Artworks! Licensing merges with Jewel Branding & Licensing, bringing with it 11 artists and expanding Jewel’s reach in giftware and tabletop categories. Artworks! Founder Carol White remains with the firm, representing artists Todd Williams, Laurie Snow Hein, Julie Dobson Miner and others, and taking on 3-4 Jewel artists, including Sara B. Artsworks! brings with it several licensees, including Kurt Adler,

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In The Post-Toys R Us Era, Is There Room For… Toys R Us?

Only a few days after two of the largest toy companies blamed the aftereffects of the Toys R Us bankruptcy for their 4th quarter revenue declines, and after a holiday season in which an array of retailers vied for a bigger piece of the toy pie – some for the first time – is there room in the market for…

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Meredith Renews with Walmart, Plots Licensing Strategy for Time Inc. Brands

Meredith Corp. renewed its long-running Better Homes and Gardens DTR with Walmart though July 2021 and is plotting licensing strategy for its newly acquired Time Inc. brands.With the acquisition of Time, Meredith will focus much of its licensing efforts on Southern Living, Travel and Leisure, InStyle, Real Simple and People, all of which previously had licensing deals,  says a Meredith

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Hasbro, Mattel Report Q4 Profit, Sales Decline

The effects of the demise of Toys R Us took their toll on Hasbro and Mattel, as well as the industry at large, as both toy giants registered revenue declines in the final quarter of 2018. The reports come a week after NPD Group reported a two percent decline in toy retail sales in the U.S., which its analyst called

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Enesco Bids for Things Remembered

Giftware supplier Enesco filed a $17.5 million bid for bankrupt retailer Things Remembered that would salvage the chain’s direct-sales business, but close most of its 400 stores. The Ohio-based retailer filed for bankruptcy protection in U.S. District Court, Wilmington, DE, on Wednesday with plans to close most of its stores and sell the remaining assets to Enesco, which entered a

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GGB Beauty Signs Deal for Greg Norman Cannabis Oil-Based Products

Cannabis oil-based products supplier Green Growth Brands (GGB) deal for golfer Greg Norman’s brand will bring pain-relief creams and other health and wellness items to market by year-end, says a spokeswoman for Authentic Brands Group, which handles licensing for Norman. GGB subsidiary GGB Beauty will develop CBD oil-based products supplied by affiliate Tilray. ABG signed an agreement with Tilray last

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Executives

Steve Young named President of Activision Blizzard Consumer Products Group, effective in March, succeeding Tim Kilpin, who retires as President-CEO. Young currently is EVP and Chief Revenue Officer at parent Activision Blizzard Entertainment… Appointed to NFL Players Association board: Kathy Ireland, founder of Kathy Ireland Worldwide, and Jenny Abramson, founder of venture capital firm Rethink Impact… Changes at Cloudco (formerly

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Take-Two, Electronic Arts Report Results

Take-Two Interactive and Electronic Arts (EA) posted improved profits in Q3 ended Dec. 31, but the latter’s results were short of analyst forecasts as sales of its “Battlefield V” fell a million units short of company projections. Take-Two, which last month signed a new multi-year agreement with the NBA for its NBA2K franchise, posted a $179.9 million profit, a six-fold

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