Toronto, Canada-based 9 Story Entertainment has announced the sale of the award-winning animated preschool series, Daniel Tiger’s Neighborhood (80 x 11) to Nick Jr. Italy. The deal was made through Italian distributor Funwood Media. The series is scheduled to be broadcast by the channel in March 2014.
Studio 100 International, part of the family entertainment company Studio 100 Group, has appointed ABC Licensing to rep Maya the Bee in Australia and New Zealand.
More than two million Rainbow Loom kits flew off US retail shelves in the six weeks between Thanksgiving and Christmas. With these scorching holiday sales, the low-tech product – which was just named Toy of the Year by the Toy Industry Association – is tapping into girls’ social nature to drive an arts & crafts toy category revolution.
“Market signals indicate that investors are very bearish on the prospects of Toys ”R’ Us,” says Jerry H. Tempelman, director of the capital markets research group at Moody’s Analytics. “There is concern in the market.” The toy retailing institution is on shaky ground as debt hovers and sales drop. Industry analysts like Tempelman agree it’s time for a TRU makeover.