The licensing industry enjoyed a strong year in 2021, despite the lingering impacts of the pandemic. A study by Licensing International says consumers spent $315.5 billion worldwide on licensed merchandise in 2021. That's an increase of 7.75% over 2019. The figures echo research by The Licensing Letter, which showed licensing companies generally saw major gains in … [Read more...] about Licensing Sales Top $315 Billion Says Licensing International
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Box Office Still Struggling to Regain Lost Revenue During Pandemic
By Gary Symons TLL Editor in Chief Despite a 65% jump in Year-Over-Year (YOY) revenues, the North American box office is still down 33% from pre-pandemic revenues in 2019. As the full picture emerged from the box office returns in 2022, it's clear that not everyone has regained the habit of going to theaters for their film fix. To be sure, there has been good news … [Read more...] about Box Office Still Struggling to Regain Lost Revenue During Pandemic
Five Trends That Will Shape the Future of Sports Licensing
By Gary Symons TLL Editor in Chief With the Sports Licensing and Tailgate Show coming up, we’ve turned our attention to the ways the sector is changing in the face of pandemic pressure and technological change. Professional sports licensing, after all, took a savage beating during the pandemic in terms of revenue, but TLL believes the industry also used that time to … [Read more...] about Five Trends That Will Shape the Future of Sports Licensing
Warner Bros. Discovery Announces Major Restructuring of CP Leadership Team
By Gary Symons TLL Editor in Chief Warner Bros. Discovery has unveiled a seismic shift in the management of its massive consumer products business. Warner, as one of the world's largest and most successful studios, runs CP operations globally, and this week announced changes to reflect that reality. Among the major changes, Warner announced: Canada and the U.S. are … [Read more...] about Warner Bros. Discovery Announces Major Restructuring of CP Leadership Team
Ukraine’s Brave Bunnies Defy Russian Invaders, With Help From WildBrain
By Gary Symons TLL Editor in Chief The people of Ukraine have been redefining the definition of courage and perseverance under the most extreme adversity. Now, the aptly named pre-school series Brave Bunnies is going back into production with the help of Wildbrain. The global kids and family entertainment company has partnered with Ukrainian kids’ producer Glowberry … [Read more...] about Ukraine’s Brave Bunnies Defy Russian Invaders, With Help From WildBrain
Bamboo Bamboo and Hasbro Team Up For Limited-Edition Peppa Pig Tableware
By Allison WatkinsonTLL Reporter Hasbro has teamed up with Bamboo Bamboo to launch a sustainable range of limited-edition Peppa Pig children’s tableware. "We are thrilled to collaborate with Bamboo Bamboo on their first-ever licensing deal and delighted that they have chosen to do this with a globally recognized brand like Peppa Pig," said Leonie Goodman, UK Category … [Read more...] about Bamboo Bamboo and Hasbro Team Up For Limited-Edition Peppa Pig Tableware
Fashion Trends: Roblox Study Plumbs the Mysteries of Metaverse Fashion
By Gary Symons If you're a brand wanting to get into the business of virtual fashion in the metaverse, a new study from Roblox is a good place to find some intel on the industry. Roblox is generally acknowledged as the world's largest metaverse company in terms of active users, and also runs a profitable and rapidly growing business selling virtual fashion and other … [Read more...] about Fashion Trends: Roblox Study Plumbs the Mysteries of Metaverse Fashion
Shoppers Ignore Downturn, Notch Record Spending for Black Friday
By Gary Symons TLL Editor in Chief Online shoppers thumbed their noses at inflation and a looming recession, setting a new record for online Black Friday spending. Figures from Adobe Analytics showed US consumers spent a record $9.12 billion while online shopping Friday, an increase of 2.3% over last year, and surpassing the previous online Black Friday record of $9.03 … [Read more...] about Shoppers Ignore Downturn, Notch Record Spending for Black Friday
Trends: The Notorious B.I.G. To Headline VR Concert in Horizon Worlds
Concert Expected To Be The Largest of Meta's Metaverse Events To Date By Gary Symons TLL Editor in Chief The Notorious B.I.G. is back, literally from the grave, as the star rapper will posthumously headline a concert in Horizon Worlds. The concert is part of one of the most powerful trends in licensing today, as music stars past and present are starring in concerts held in … [Read more...] about Trends: The Notorious B.I.G. To Headline VR Concert in Horizon Worlds
ZAG Stages Its First Dedicated Brand Summit
New Licensing Partners Announced For Flagship Show Miraculous The animation house ZAG is hosting its first-ever brand summit in Mexico City, thanks to soaring ratings in Latin America. The award-winning studio says that, since establishing a dedicated office in Mexico in September 2021, enthusiasm for ZAG’s multiple award-winning flagship brand Miraculous - Tales of Ladybug … [Read more...] about ZAG Stages Its First Dedicated Brand Summit