By Gary Symons TLL Editor in Chief Sometimes licensing deals just go bad, and it looks like that's the case for the partnership between YouTube star MrBeast and Virtual Dining Concepts. The partners went into business to create a virtual restaurant chain called MrBeast Burger, but both parties have now filed suit against the other. Currently the #1 individual YouTuber in … [Read more...] about MrBeast In Legal Battle With Restaurant Licensing Partner
U.S.
Pot Company Tilray Acquires Craft Beer Companies From Anheuser-Busch
By Gary Symons TLL Editor in Chief The cannabis company Tilray Brands has agreed to buy out eight beer and beverage brands from Anheuser-Busch, owner of Budweiser. The move is part of an on-again, off-again relationship between the beer company and the pot company, as parent company AB-InBev was formerly an investor and partner with Tilray. AB-InBev is the world's … [Read more...] about Pot Company Tilray Acquires Craft Beer Companies From Anheuser-Busch
Licensing Colossus Barbie Surpasses $1 Billion at Box Office
Barbie Franchise Announces New Licensed Products, Including 'Weird Barbie' By Gary Symons TLL Editor in Chief The Barbie Movie hit a new milestone, surpassing $1 billion at the global box office, spawning a new wave of licensed Barbie merch. The unstoppable film that has shocked the movie-going world broke the $1 billion in just over two weeks since its July release, … [Read more...] about Licensing Colossus Barbie Surpasses $1 Billion at Box Office
UPDATE: LEGO Issues Statement In “Leggo My LEGO” Dispute With Punk Rockers
By Gary Symons TLL Editor in Chief Toy giant LEGO says it will not allow commercial use of its iconic mini-figures for animated videos that are commercial in nature. The statement comes in the recent 'Leggo My LEGO' dispute, in which LEGO sent a cease and desist letter to the band LS Dunes, demanding they take down a recent music video. The reason? The band, whose members … [Read more...] about UPDATE: LEGO Issues Statement In “Leggo My LEGO” Dispute With Punk Rockers
Sports Card Company Panini Sues Rival Fanatics Over Antitrust Allegations
By Gary Symons TLL Editor in Chief Panini America filed a suit Thursday against Fanatics, accusing the larger company of trying to create a trading card monopoly. Panini, which is a longstanding company in the trading card business, has accused Fanatics of using anti-competitive business practices in an attempt to dominate the market. Those practices include setting up … [Read more...] about Sports Card Company Panini Sues Rival Fanatics Over Antitrust Allegations
KIDZ BOP Announced as Official Music Partner of Chuck E. Cheese
By Allison WatkinsonTLL ReporterCEC Entertainment and KIDZ BOP have expanded their existing partnership with the appointment of KIDZ BOP as the official music partner for Chuck E. Cheese.The partnership between the two brands, which is now in its third consecutive year, will feature new and expanded entertainment programming, live events, international activations and more. … [Read more...] about KIDZ BOP Announced as Official Music Partner of Chuck E. Cheese
Kartoon Channel Streaming Service Reports Significant Growth
By Allison WatkinsonTLL ReporterThe Kartoon Channel! streaming service has experienced significant growth in viewership, ratings, consumption, and global reach since its initial launch in 2020.Owned by the Kartoon Studios entertainment company, Kartoon Channel! is an entertainment streaming services for children and families that offers thousands of episodes of original and … [Read more...] about Kartoon Channel Streaming Service Reports Significant Growth
Hasbro Sells eOne Division to Lionsgate for $500 Million
Hasbro Also Reports "Solid Second Quarter" By Gary Symons TLL Editor in Chief Toy giant Hasbro has agreed to sell its eOne film and TV division to Canadian film studio Lionsgate for $500 million. The deal includes $375 million in cash, subject to certain price adjustments, as well as Lionsgate assuming all of eOne's production financing loans. The transaction has … [Read more...] about Hasbro Sells eOne Division to Lionsgate for $500 Million
Toy Association Names Top STEAM Toys for Smart Kids
By Allison Watkinson TLL Reporter The Toy Association has released its Back to School STEAM Toy Shopping List, which features 25 officially accredited STEAM toys. "As families across the U.S. get ready for another back-to-school season, our list offers parents a well-vetted guide that will help kids flourish this academic year and build skills through engaging, … [Read more...] about Toy Association Names Top STEAM Toys for Smart Kids
Jury Returns $23.5 Million Verdict in Favor of Moonbug Entertainment
By Gary Symons TLL Editor in Chief A jury has awarded Moonbug Entertainment $23.5 million after its successful lawsuit against competitor BabyBus Co. A jury earlier sided with Moonbug's claim that BabyBus infringed its copyright for its hit show CoComelon with a competing show called Super Jojo. After three days of deliberation, the jury came back with an award of $17.5 … [Read more...] about Jury Returns $23.5 Million Verdict in Favor of Moonbug Entertainment