Disney Reports Lower Licensing Income from Star Wars, Cars

Disney’s Parks, Experiences and Consumer Products business posted a 10% increase in operating income to $2.15 billion in Q1 ended Dec. 29, despite lower licensing income from Star Wars and Cars-related products, Disney said. Revenue rose 5% to $6.8 billion. An increase in third-party royalty expenses was partly offset by a rise in minimum guarantee shortfall recognition and increased revenue

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Players’ Passion Builds Robust Merchandising Opportunity for VidGame Properties

The ongoing passion and time that videogame players put into their favorite games – even traditional entertainment companies mention videogames as a big competitor for kids’ attention — are driving licensees and retailers increasingly to leverage them with broader product arrays and instore displays. The player communities – sometimes numbering in the millions – surrounding such games as “Fortnite” and

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Tetris Brand Making Play for Children’s Market

As the original game hits its 35th anniversary, the Tetris brand is making its first play for the children’s market, says Maya Rogers of agent Blue Planet Software. The company is working with former American Greetings executive Janice Ross to develop a program targeting children up to age eight for apparel, STEM-based educational products and entertainment, the bulk of which

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Executives

Adam Newman, formerly Senior Director of Brand Management for Bandai’s Tamashii Nation, named Chief Marketing Officer for Bandai’s newly acquired Bluefin Distribution… John Leonhardt, ex-Dimensional Branding Group, named Head of Consumer Products at Crunchyroll, new post with focus on events… Katy Fletcher, ex-Vtech, joins Ravensberger UK as Head of Marketing and Product Development, replacing Benn Bramwell, who was named International

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Paws Inc. Closing Indiana Headquarters

Garfield licensor Paws Inc. is closing its longtime  Albany, IN headquarters as the staff shifts to working remotely, says company spokeswoman Kim Campbell Beasley. The 35,000-sq.-ft. headquarters, which housed offices as well as a Garfield showroom, will formally close by mid-year. It had a 25-person staff with additional workers scattered across the U.S. “It is really just changing with the

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Agents

BD Labs Inc. is representing Game Insight as the developer launches licensing for its “Guns of Boom” multiplayer first-person shooter mobile title with an initial focus on apparel, says BD Labs’ Marc Caplan.  The Lithuania-based company released “Guns of Boom” in May 2017 and had achieved 55 million downloads as of December 2018… MerryMakers  is the agent for author Dav Pilkey’s

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Fanatics Launches Fan Shop on Walmart.com

Fanatics launches a new fan shop on Walmart.com for pro sports as part of a long-term deal that will offer licensed apparel, hats, collectibles, jerseys and novelty items, Walmart’s Eric O’Toole said in a post on Walmart’s blog. Fan Shop by Fanatics will carry “hundreds of thousands” of NFL, NBA, MLB, NASCAR, and Major League Soccer (MLS) products as well

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Licensing Part of New WW Wellness Format at Kohl’s

Licensing will be among the key ingredients in Kohl’s new partnership with WW (formerly Weight Watchers) International a collection of kitchenware and tabletop products. WW Healthy Kitchen products will available in select Kohl’s stores starting in June and feature licensed goods including meal preparation, storage products and hydration.  Gibson Overseas will be the exclusive kitchenware (cutlery, glass bakeware, lunch bags),

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GameStop Halts Effort for Potential Sale

GameStop halted efforts aimed at a potential sale after failing to secure financing on “commercially acceptable” terms, the company said. The company had been conducting a strategic review since last June that potentially would lead to the sale of its businesses. GameStop completed the $735 million sale of its Sprint Mobile business to AT&T reseller Prime Communications earlier this month,

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Simba Dickie Buys Jada Toys, Expands U.S. Presence

Germany’s Simba Dickie Group buys Jada Toys, expanding both its licensed products business and distribution in the U.S., the company said. Los Angeles-based Jada, which has 55 employees, will maintain its U.S. offices and continue to seek its own licensing deals, says a Jada spokeswoman. Terms of the agreement weren’t disclosed. Simba Dickie, which like Jada sells die-cast and R/C

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