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.