Retailers Report Increased Toy Sales

Toys were a common thread as Kohl’s, Target and Barnes & Noble released earnings today, with all three chains reporting sharp increases in the category as they benefitted from sales freed up by Toys R Us’ liquidation. Target’s same-store sales of toys – the chain expanded toy departments in 500 stores to 500-sq.-ft. and doubled the number of new and

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MDR Brand Management Partners with Brand Consultant Zag

Law firm Mishcon de Reya’s (MDR) new brand management group forms a strategic partnership with brand consultant Zag as it continues to build out its global licensing agency business. The 500-attorney firm, which specializes in IP law, formed MDR Brand Management in June and will provide brand licensing and franchise services to Zag. Zag will give MDR access to consumer

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Genius Brands Readying Licensing for Stan Lee Properties

Genius Brands International is readying content and licensing programs for six properties developed in a joint venture with the late Stan Lee and his Pow! Entertainment company, Genius CEO Andy Hayward said in releasing Q3 earnings. Among the projects is the animated “Cosmic Crusaders” in which Lee played himself and first was released as webisodes in 2016. Lee, best known

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 Delta Apparel Opening 12 Salt Life Stores

Delta Apparel will open 12 Salt Life stores during the next three years, tripling the size of the chain as it moves to raise the brand’s profile, CEO Bob Humphrey said as the company released Q4 earnings. Delta currently operates six Salt Life locations in Florida, California and Georgia; its first licensed restaurant will open next month in Fernandina Beach,

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Rovio Entertainment Reports Better Licensing Results

Rovio Entertainment’s operating profit from licensing more than tripled to €1.4 million in Q3 ended Sept. 30 as revenue jumped 17.9% to €7.9 million.The gain was largely tied to content licensing, which rose 33.3% to €6.4 million, while consumer product revenue fell 26.6% to €1.5 million. Rovio is gearing up its product licensing efforts in advance of the release of

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 DHX Posts Q1 Loss on Reduced Peanuts Stake

DHX Media swung to a $2.4 million net loss in Q1 ended Sept. 30 due largely to its having a smaller interest in the operations of Peanuts Worldwide. DHX’s revenue rose 5.4% to $104 million. DHX sold a 39% stake in Peanuts to Sony earlier this year, reducing its interest to 41% with the Schultz family controlling the remaining 20%.

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Disney Shifts to Licensing for Mobile Games

Disney’s move to shift some mobile game development to Jam City, marks yet another return to licensing third-party developers. Jam City takes over the operations of Disney’s Glendale Games Studio and the development of the Disney “Emoji Blitz” title, capped a transition that also has included Zynga being licensed for Star Wars games. Jam City also will work on a

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Executives

Debra Restler promoted from VP to SVP Business Development and Marketing at Beanstalk … William Ernest, ex-Disney, named CEO of Saudi Entertainment Ventures, the former Saudi Development and Investment Entertainment Co. that is charged with building entertainment business in Saudi Arabia… Changes at Coty: CEO Camillo Pane departs, replaced by Pierre Laubies, formerly  of coffee maker Jacobs Douwe Egberts;  Chairman

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Revamped GameWorks Emphasizing eSports, Licensed Games

Restaurant/arcade operator GameWorks is revamping its seven locations with an emphasis on eSports and licensed game machines, CEO Philip Kaplan told us this week at the IAPPA Attractions Expo in Orlando. The 22-year-old chain, which peaked with 28 U.S. locations and ownership that included Sega and DreamWorks, has installed 2,000-sq. ft. eSports lounges at locations in Denver, Seattle and Las

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 Feld Entertainment Settles Trademark Suit with Kid Rock

Feld Entertainment settled its trademark infringement suit with rock star Kid Rock over Rock’s use of the tagline “The Greatest Show on Earth” to promote his tour earlier this year. Details of the settlement weren’t released, but a payment was made to Feld, a Feld spokeswoman said. Feld, which purchased Ringling Bros. and Barnum & Bailey Circus (and its trademarks)

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