Artificial intelligence has long been used for a variety of purposes, from automating contract reviews to personalized shopping to voice assistants, and it holds promise for much more. Lately, with the advent of consumer-friendly A.I. chatbots, image-generators, and other tools, such as ChatGPT and MidJourney, A.I. is increasingly—and more controversially—being utilized to develop and produce […]
Archive | Technology
Calm in the Storm
Meditation and mindfulness apps saw a spike in usage after the global pandemic hit. In the seven days beginning March 29, two weeks after the start of the lockdown in the U.S., downloads for such apps were up 25% from the weekly average in January and February, reaching 750,000 downloads, according to App Annie figures […]
Data-Driven Decision-Making
Licensing has become more data-driven over time, as the tools used to analyze sales and other information at a granular level improve, giving licensors and licensees insights into what is working and not working and enhancing the ability to tweak strategies quickly. Licensing executives have also increasingly been enhancing sales history with other more forward-looking […]
In-World Meets High-Tech
In-world products, which take a fictional item from a film, TV show, or videogame and make it real, represent the ultimate way to differentiate entertainment/character-licensed goods from their competitors. In-world merchandise can assume a variety of forms, from Barco Uniforms’ Grey’s Anatomy scrubs, to Schwinn’s Stranger Things bikes, to Cubicall’s Bill & Ted phone booths, […]
Building a Case for Blockchain
Blockchain is a decentralized ledger—essentially a database—for securely tracking and storing a string of sequential information. It offers the ability to create a transparent, tamper-proof, and trustworthy record of ownership, value, chain of custody, authenticity, and other attributes of an individual product over time, from raw materials through sale and resale. Pilots based on blockchain […]
New Dimensions in Footwear
3D printing has a lower profile as a consumer-facing licensing trend than it did a few years ago. But the technology continues strong behind the scenes, as a means to personalize products, implement unique designs, and achieve other goals. In many cases, consumers may not realize a given product is being created through this technique, […]
Data Protection
With today’s ever-present worries about credit card fraud and identity theft comes a relatively new product category: Protective RFID-blocking wallets, bags, and contactless protector cards. These items are positioned as creating a barrier against RFID skimming, which is when criminals steal information from the increasing number of credit cards, drivers’ licenses, passports, and so on […]
Cashing in on Cryptocurrency
A handful of licensed properties are starting to enter the world of cryptocurrency, which consists of virtual “coins” enabled by blockchain technology. As with physical currency, consumers can utilize cryptocurrency to pay for things, or as an investment. Blockchain involves a decentralized digital ledger or database of transactions, ownership history, and/or other data associated with […]
Going Virtual
Property owners have been licensing virtual reality applications since at least 2015, with activities intensifying in 2016 as the major high-end VR headsets were released. The number of deals seems to be proliferating quickly this year as more licensors become interested in and comfortable with the technology and as more consumers are able to experience […]
Connected Clothing
At recent electronics and fashion trade shows such as the Consumer Electronics Show, Fashion Tech Berlin, and the Decoded Fashion Summit, smart clothing made its mark. Fabric featuring interwoven conductive wires or embedded nanotechnology allows jackets, intimates, or t–shirts to accommodate basic phone- or Internet-based communication and information access. It enables clothing to measure biometrics […]