Inside Licensing News and Notes Aug. 29, 2017

Glu Mobile Spends $17 Million on Royalty Advances in First Half Glu Mobile spent $17 million on royalty advances in the first half of this year as it prepares for the launch of a Taylor Swift mobile game in November, according to the company’s SEC filings. The company has forecast spending $26.2 million this year. (Inside Licensing May 9), up

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GameStop Has Sharp Rise in Collectibles, But Net Off 19%

GameStop’s net income in Q2 ended July 29 slipped 18.7% to $22 million as lagging sales of Xbox One consoles and new and preowned games offset sharp gains in sales of collectibles and the Nintendo Switch device. The earnings included a $7.3 million gain on the sale of videogames publisher Kongregate. Sales of collectibles increased 36.1% to $122.5 million, driven

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Inside Licensing News and Notes, August 24, 2017

Executive Changes Kerry Phelan promoted at Lionsgate to President of Global Franchise Management from EVP of Global Franchise Management and Strategic Partnerships… Janet Bareis, ex-Walmart, named SVP Collectibles at GameStop, new position reporting to CEO Paul Raines; Stephanie Pierotti, ex-Yahoo, named VP Marketing at Scott Brothers Global; Contacts: GameStop, Janet Bareis, SVP Collectibles, 817- 424-2000janetbareis@gamestop.com Scott Brothers Global, Stephanie Pierotti,

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Disney Putting Augmented Reality Behind Force Friday Promotion

  Disney is putting augmented reality behind (AR) Star Wars as it rolls its second global Force Friday retail products promotion next week (Sept. 1-3). Products will be available at 12:01a.m. local time in 30 markets around the world beginning in Australia. The Force Friday II campaign, supporting the release of products tied to Star Wars: The Last Jedi (which

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Where Do Streaming Platforms Fit Into the Preschool Licensing Equation?

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Inside Licensing News and Notes August 21, 2017

New Lionsgate Park Due in South Korea Lionsgate Entertainment signs Landing Jeju Development Co. to build a Lionsgate Movie World in South Korea as it continues to build out an entertainment park licensing business. Construction of the 1.3 million square foot park, Lionsgate’s first branded outdoor facility, is slated to begin in 2018, with the park scheduled to open the

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Rovio’s Q2 Licensing Earnings, Revenue Soar

Rovio Entertainment, riding the wave of consumer product sales tied to The Angry Birds Movie, posted sharp gains in revenue and earnings amid reports it is weighing an IPO. Rovio’s earnings before interest, taxes, depreciation and amortization (EBITDA) in Q2 ended July 30 rose 269% to €31.6 million and revenue jumped 94% to €86.2 million. Brand licensing EBITDA increased to

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Target’s Cat & Jack Private Label Hits First-Year Sales of $2 billion

Target continues to expand its private-label apparel business with its Cat & Jack children’s line having posted $2 billion in sales in its first year through July, double the original forecast, company executives told analysts as it reported quarterly results. The company reported strong sales for the Cat & Jack, Pillow Fort (home décor, also introduced in July 2016) and

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Inside Licensing News and Notes, August 16, 2017

Executive Changes Stone Newman, ex-Genius Brands International, joins Pocket.watch as chief revenue officer…Eric Karp, ex-Crayola, named VP of Licensing at Buzzfeed, new post. Contacts: Pocket.watch,  Stone Newman, Chief Revenue Officer,  424-298-8324, stone@pcket.watch;  Buzzfeed, Eric Karp. VP Licensing, 212-431-7464   Coach “Refocusing” Kate Spade Licensing Program Coach Inc., fresh from its purchase of Kate Spade & Co., is “refocusing” the brand’s

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Manchester United’s Merchandising and Licensing Revenue Triples

Manchester United’s retail, merchandising, apparel and product licensing revenue more than tripled to £97.3 million in the year ended June 30 as the soccer club continued to benefit from taking control of the category from Nike, the club said in an SEC filing. Nike handled the licensing for ManU until 2015. The club has a 10-year agreement with Adidas that

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