Second quarter financial results, released in July and August, of five of the major publicly traded toy and collectibles companies—Mattel, Hasbro, Spin Master, Jakks Pacific, and Funko—all showed declines (of varying degrees) in topline revenues and net sales during the period, compared to the same timeframe in 2023. The lone exception was Funko, which saw […]
Tag Archives | Hasbro
Bringing Home (and Keeping) the Bacon
Over the last few years, licensed properties are increasingly playing a central role in programs that teach financial literacy to adults and children. The IPs are a way to not only raise awareness for these promotions, but to make the subject matter more accessible, interesting, and fun. Recent initiatives, mostly featuring characters or celebrities, take […]
Science of Reading Spurs Focus on Phonics
In the hopes that all U.S. children will be able to read at grade level by their third year in school, educators have turned to instruction rooted in “the science of reading (SoR).” This is a body of research about how children learn to read that emphasizes phonics and phonemic awareness along with fluency, vocabulary, […]
Strange Bedfellows No More
Toy companies are increasingly working with their direct competitors to refresh, extend, or strengthen their own brands. This would have been almost inconceivable in the past and shows how much the toy industry has changed over the past decade or more as players in this sector face numerous challenges: competition from video games, social media, […]
The Devil Is In The Detail
Location-based entertainment has been in the news lately, and not in a good way. Willy’s Chocolate Experience, a live event organized by House of Illuminati and held at Box Hub Warehouse in Glasgow, Scotland, has attracted a lot of attention for its poor execution. The ticketing website promoting the event is full of lush A.I.-generated […]
Developing Future Generations of Foodies
Licensing is playing an ever-greater role in the children’s cooking activity kit segment, with a number of new licensed products coming on the market recently. They range from toy playsets to science kits to cooking kits for use in making real food. Some are available at retail and others through a subscription model. Here is […]
Casting Children’s Characters In Podcasts
The market for podcasts featuring children’s favorite characters in original audio storytelling continues to grow. Just this year, IP owners in the children’s entertainment space—including some of the biggest names—have launched new productions: Disney jumped into the original children’s podcast market for the first time with Forces of Nature, a 12-episode Frozen podcast released during […]
Cakes, Cookies, and Competitions
In the unscripted TV world, competition shows and how-to shows about baking have been two vibrant sectors for some time now. Both genres intersect in a growing list of competitive baking shows, from The Great British Bake-Off (The Great British Baking Show in the U.S.) to Nailed It!. And companies involved in licensing have been […]
Licensing for the Greater Good
Since we last covered non-profit groups’ growing presence in the licensing business, in August 2022, the emphasis on integrating charitable components into licensing initiatives of all stripes has continued. Licensors and licensees are taking a number of approaches to working with charities as one means of demonstrating to consumers that they are making a positive […]
Controlling the Narrative
By Karen Raugust on November 21, 2022 in Character/Entertainment, Interactive gaming, Licensing, Toys/Games
For years now, toy companies have been launching or acquiring entertainment and gaming studios, in the hopes that bringing these businesses in-house will strengthen their ability to control their all-important forays into TV, film, and interactive gaming productions based on their proprietary brands. There has been some news on this front since the start of […]