Disney Consumer Product Q4 Performance Decline

Disney’s Consumer Products and Interactive Media division decreased 6% to $1.2 billion, and operating income decreased 12% to $373 million, which the company blamed on a “decrease at our merchandise licensing business.” “Lower results… were primarily due to a decrease in earned licensing revenues, higher third-party royalty expense and an unfavorable impact from foreign currency translation. Lower earned licensing revenues were due to decreased sales of

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Sequential Weighs Selling Five Brands

Sequential Brands Group is weighing its options, including a potential sale of five brands, as it sharpens focus on its better-performing businesses including the Martha Stewart and Gaiam brands, company executives told analysts. Sequential took a $36.5 million charge in Q3 ended Sept. 30 tied to the five brands — Revo (eyewear), The Franklin Mint (coins, jewelry), Caribbean Joe (luggage,

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Spin Master’s Q3 Sales and Income Both Jump

Spin Master Corp. is sharpening focus on internally developed IP, but remains committed to licensing film-based properties, company executives told analysts. Licensed film-based products typically account for 15-25% of Spin Master’s annual sales, Chief Financial Officer Mark Segal told us. While internally developed IP such as Hatchimals and LuvaBella dolls account for an ever-larger portion of Spin Masters’ sales, the

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Inside Licensing News and Notes, Nov. 9, 2017

H&M Readies Shopkins DTR H&M will launch a Shopkins direct-to-retail (DTR) program in December featuring t-shirts, leggings and fashion dresses targeting 6-14-year-old girls, says Moose Toys’ Alexandra Ries. Moose has about 300 licensees, including 75 in the U.S. for Shopkins, which generated about $1 billion at retail (about half in core collectibles and half in licensed goods) in 2016. Meanwhile,

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Zag America Re-Positioning ‘Miraculous – Tales of Ladybug and Cat Noir’ Licensing in U.S.

Zag America will re-position its Zag Heroez “Miraculous – Tales of Ladybug and Cat Noir” licensing program in the U.S. with the airing of series’ second season exclusively premiering on Netflix in December, with a new focus on an older audience, says Zag’s Andre Lake Mayer. When the series – two Parisian teenagers who transform into super heroes – debuted

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Inside Licensing News and Notes, Nov. 6, 2017

Fanatics Aims to Revive Majestic’s Collegiate Business Fanatics’ new college division is being charged with reinvigorating the collegiate licensing business for Majestic, says Fanatics College EVP Derek Eiler. Eiler is one of two former executives of Fermata Partners who joined Fanatics last month when it bought Fermata from Creative Artists Agency (CAA). (Fermata’s non-collegiate business remained with CAA.) Majestic, acquired

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Inside Licensing News and Notes, Nov. 2, 2017

Executive Moves Eric Morse, ex-Spencer Gifts and Spirit Halloween, named SVP Content Partnerships and General Manager for Global Licensing at Redbubble… Changes at Fanatics: Derek Eiler, ex-Fermata Partners, joins to head new college division as Fanatics acquires Fermata from Creative Artists Agency (CAA); Chris Prindiville, ex-Fermata, and Brian Swallow, Fanatics SVP for strategy and business development, named SVPs; Fermata founders

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Childrens’ Properties Expanding Their Use of Live Tours

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Walmart, Iconix Parting Ways on Danskin Now DTR

Walmart isn’t renewing its direct-to-retail (DTR) agreement for Iconix Brand Group’s Danskin Now, ending the retailer’s 10-year run with the brand. As a result, Iconix’s royalty revenue from Danskin and Danskin Now will decline by $15.5 million in 2018, forcing Iconix to seek waivers of its debt covenants and amend its senior secured term loan. As part of its talks

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Inside Licensing News and Notes, Oct. 27, 2017

Build-A-Bear Expands Licensing Business Build-A-Bear Workshop has signed an agreement with Just Play to develop plush toys based on the retailer’s IP, further expanding its outbound licensing program. The line will include plush based on Build-A-Bear’s standard bear as well as mini-figures and collectibles with a goal of expanding the brand in mass retailers and specialty chains. The collection will 

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