With competing toymaker Mattel off to a solid start in 2013, Rhode Island-based Hasbro saw its revenues rise 2% in its first quarter to US$663.7 million from US648.9 million a year ago. While sales among boy-targeting products dropped 20%, girls toys and a revamped games category were up 23% and 26%, respectively.
The nominees for the 2013 LIMA International Licensing Excellence have been released in advance of the June’s Licensing Expo in Las Vegas. Kid-related nominees include Marvel’s Avengers, Activision’s Skylanders and Mattel’s Monster High, which are competing for Overall Best Licensed Program of the Year.
As gaming properties like Angry Birds continue their migration to the toy aisles, consultancy groups AT New Media and Virtual World Licensing have launched a new venture designed to offer services to gaming, social and virtual brands that are looking to enter the world of toy licensing.
At a star-studded presentation held in New York this evening, featuring performances by Bridgit Mendler (star of Good Luck Charlie) and recording artist Ross Lynch – and an impromptu appearance by Crash from Crash & Bernstein (pictured with Gary Marsh) – the House of Mouse unveiled its 2013-14 programming plans for Disney Channel, Disney XD, Disney Junior and Radio Disney.
Children’s app developer Toca Boca, the company behind open-ended play apps like Toca Tailor, is growing with the acquisition of Toronto-based zinc Roe and its Tickle Tap app series. The name of the 10-person company will change from zinc Roe to Sago Sago.
The financial struggle continues for Malibu, California-based toyco Jakks Pacific. The company reported that net sales for the fourth quarter of 2012 came in at US$133.5 million, compared to US$141.1 million during the same period in 2011. The reported net loss for the fourth quarter was US$119.5 million.