Driven by Disney’s vast portfolio of properties, a new LIMA-commissioned report reveals that the character/entertainment sector topped global retail sales of licensed merchandise in 2014 with a 44% market share – or US$107 billion of a US$241.5-billion total.
PEOPLE MOVES / TV
More than a month after Zodiak Media and Banijay Group confirmed they were in merger talks, the France-based media companies have today agreed to unite, creating a global producer-distributor with a footprint in 18 territories and revenues surpassing US$1 billion.
With the rollout of Wishenpoof on August 14 to US, UK and German Amazon Prime members, and a renewal for Creative Galaxy, show creator Angela Santomero is on a roll with the studio.
Three years after raising US$85,964 on Kickstarter to fund their wired building toy, Roominate co-founders Bettina Chen and Alice Brooks are once again looking for that spark – this time through new product rPower and by inspiring STEM-driven careers for girls. The pair gives iKids the inside scoop on the project.
There’s no question that virtual reality will be enormously attractive to young people. What should we consider now, so that future franchises will win parents’ respect and kids’ love? Dubit’s David Kleeman takes a research-driven approach to chartering unknown VR territory.
- With a craving for connections, teen girls make wearable tech fashionably functional (Wired)
- After raising US$225 million, Jet.com takes on Amazon with a pledge to offer the lowest prices on the internet (The New Yorker)
- Cartoon Network’s Steven Universe opens a new world of LGBT representation (The Huffington Post)
- The return of tween brand Limited Too (Mashable)
Aardman Digital is bringing Roald Dahl’s lovably repugnant Twits to mobile via a brand-new app, a first for the works of the legendary children’s author.
- Cue the smiley (or surprised?) face: Emoji movie in the works after Sony wins seven-figure bidding battle (Deadline)
- VidCon becomes cultural phenomenon as 18,000 teens expected to descend on the Anaheim Convention Center tomorrow (The New York Times)
- Without the TV nets on-board, will YouTube’s paid service pay off? (Bloomberg)
- Here’s the pitch that convinced ABC to make the new Muppets mockumentary (Los Angeles Times)
- If Chris Columbus has anything to do with it, another Harry Potter film could be in the works (Mashable)