New licenses signed by major toy companies over the past year illustrate how far the entertainment/character licensing space has transitioned away from its historical reliance on properties with television as a key component of their distribution platform. This is one of the most mainstream of mainstream categories, historically targeting a global market with mass-priced products […]
Archive | Digital
Language Learning Through Licensing
Language-learning apps have been entering into promotional deals with licensed properties for close to a decade, with many of the partnerships having a content component. Properties involved tend to skew toward character/entertainment and celebrity IP, although there are other examples as well. For the language-learning platforms, such pairings spur sampling and potentially new subscriptions, while […]
Making News with Consumer Products
Legacy newspaper and magazine brands have been struggling financially for years, in part because of increased competition from digital news and information sites. More recently, however, the latter have been facing equally steep challenges, as consumers rely less on—and often mistrust—official news organizations and turn instead to independent, often opinion-driven sources they follow on social […]
Toddler IP Spurs TikTok Trends
Until recently, owners of preschool properties have been a bit leery of having a presence on TikTok, even if their IP appeals to a nostalgic young adult audience as well as their core market of young children. And that continues to be the stance of many licensors even today. But now that the platform accounts […]
Monkey Business
The licensing landscape surrounding NFT images is highly fragmented. That is because, in the most popular NFT projects, owners of each unique image typically retain the right to commercialize that image and its derivative works (e.g., slightly manipulated versions for use in merchandise). Many of the licensors do not know how to go about licensing […]
Putting The Pedal to the Metal on NFTs
The automotive industry has been very active in the NFT space, especially since the start of last year. Some of the companies that have announced new initiatives or taken steps to enter the world of NFTs since the beginning of 2023 include DeLorean, Hyundai, Lamborghini, Renault, Rolls Royce, and Škoda India. Most of the ventures […]
Fast Forward on Phygital Fashion
Fashion and lifestyle brands, especially in the luxury and athleticwear spaces, have been active experimenters in the use of NFTs. Many of the initiatives to date have focused on using NFTs to enhance consumer engagement and reward fans with exclusive content or experiences. Increasingly, however, fashion labels are trying to tie NFTs with physical products […]
The Value and Variety of VTubers
Consumer interest in VTubers (“virtual YouTubers”)—which got their start in Japan in the mid-2010s—has expanded significantly since the start of the pandemic, both in these digital influencers’ country of origin and abroad. VTubers are anonymous creators who use motion-capture and other technologies to create an animated avatar, usually anime-like in style, that does everything a […]
Artists Navigate NFTs
Right from the beginning, artists and the art community were expected to be among the beneficiaries of the rise of NFTs. And many artists, from the biggest names in fine art to digital artists who have become known specifically for their work in the NFT space, are carving out a niche in this market. Some […]
Lessons from the NFT Trenches
Even though the NFT market is down in general in terms of value, NFTs can still be an effective means of generating fan loyalty—if they are a good fit with the property and its consumer base, and if they provide those consumers with something they value at a fair price. Achieving the right balance is […]