With sales of its girl-skewing toys up 21%, Rhode Island-based Hasbro swung to profitability during the first quarter of 2014. Hasbro’s results tell a different story from its closest competitor, Mattel, which posted quarterly net losses of US$11.2 million last week after a 14% decline in Barbie sales.
London-based trade association Pact has launched a new campaign calling for a children’s TV tax break similar to recent government tax credits for the UK film, high-end television and animation production industry.
Make way for Relativity Media. The television and film studio is trying to scoop up YouTube multi-channel network Maker Studios from Disney with a last-minute bid worth up to US$1.1 billion.
UK-based Silvergate Media’s preschool adventure IP Octonauts has formed a partnership with Marine Conservation Society (MCS), one of the top charities for protecting UK seas, shores and wildlife.
The Jim Henson Company has formed a partnership with Base79 that will see the Los Angeles-based digital video company help boost Henson’s original content presence on YouTube.
A cross-section of the kids entertainment industry’s top leaders, from Hulu, Amazon Studios, Nickelodeon, DreamWorks TV and Disney Digital Media, are now set to offer up new insights to the 1,600 attendees expected at next month’s Kidscreen Summit in New York.
Turner Broadcasting System Asia Pacific’s SVP and MD of entertainment networks Sunny Saha has announced he is stepping down from his position with the Cartoon Network parent company effective at the end of February.