Toronto’s Spin Master has signed a global licensing deal with Sony Interactive Entertainment (SIE) to launch toys based on Sony’s PlayStation brand.
SIE owns the IP and has developed a wide range of consoles, accessories, services and video game titles since releasing the original PlayStation console in 1994.
As a part of this new agreement brokered by Sony Pictures Consumer Products, Spin Master will be the global master toy licensee for PlayStation games including popular titles such as God of War and Horizon Zero Dawn (pictured). The toyco’s first range of PS figures, playsets, plush, vehicles, games and puzzles will launch in spring 2024.
Meanwhile, Spin Master is forecasting double-digit revenue growth this year, following a 34% rise in Q1 revenue (US$424.2 million) compared to Q1 2021. And earlier this year, the company inked a multi-year agreement to develop toys based on IPs owned by LA animation studio Skydance (Spellbound).
Image courtesy of PlayStation.