Survey Respondents Get Free Copy of $429 Report, With Chance to Win Draw Prizes As Well If you've got 10 minutes free this weekend, make sure to fill out the 2023 Royalty Trends Survey for a chance to win some valuable prizes. The deadline to complete the licensing survey is end of day on Monday, April 17. The Royalty Trends Report is due for publication on May … [Read more...] about TLL Survey: Last Chance to Win Cirque Tickets or Amazon Cash!
Economy
Licensing Survey: We Want to Hear From You For 2023 Licensing Survey
By Gary Symons TLL Editor in Chief The Licensing Letter is launching its annual survey of the licensing industry, and we want to hear from you! So much so, that we're increasing the available rewards for those licensing pros who take the time and trouble to fill out the annual survey. We know your time is valuable, so this year, anyone who fills out the survey and … [Read more...] about Licensing Survey: We Want to Hear From You For 2023 Licensing Survey
Disney is Restructuring and Laying Off Staff: Six Takeaways From the Earnings Call
By Gary Symons TLL Editor in Chief Disney is the world's largest studio and the largest entertainment licensor, so what happens at Disney affects everyone in the licensing industry. News the Magic Kingdom has announced 7,000 layoffs and a major restructuring of the entire company is cause for concern ... but there's good news in the latest earnings call as … [Read more...] about Disney is Restructuring and Laying Off Staff: Six Takeaways From the Earnings Call
Shaky Recovery Continues for Global Box Office Revenues
By Gary Symons TLL Editor in Chief Global cinema box office revenues have bounced back by 27% over 2021, but the $26 billion tally is still far short of pre-pandemic levels. Gower Street Analytics released its final estimate for global box office returns, up to Dec. 31, 2022. The result of $25.9 billion is not only a major drop from pre-pandemic revenues, but also … [Read more...] about Shaky Recovery Continues for Global Box Office Revenues
North American Toy Revenue Flatlined in 2022
By Gary Symons TLL Editor in Chief A report from NPD Group shows growth in the North American toy sector has stalled, after two record breaking years. “After three record-breaking years for the toy industry, 2022 was a challenging year. U.S. consumers were forced to endure significant economic headwinds stemming from inflation and adverse macroeconomic factors,” said … [Read more...] about North American Toy Revenue Flatlined in 2022
Toy Industry Shocker: Hasbro to Lay Off 1,000 Employees
By Gary Symons TLL Editor in Chief US toy and entertainment company Hasbro announced Jan. 26 that it would be restructuring, laying off 15% of its workforce. The news rocked Wall Street analysts, as Hasbro shares dropped sharply in overnight trading after the late day announcement Thursday, and continued its fall on Friday. Hasbro primarily blamed the decline in … [Read more...] about Toy Industry Shocker: Hasbro to Lay Off 1,000 Employees
Licensing Market Data: Insights Releases Its Future Forecast for 2023
By Gary Symons TLL Editor in Chief Market intelligence firm The Insights Family has released its annual Future Forecast 2023 report, which predicts 12 key trends in the kids, teens, parents, and family universe to watch out for this year. This is the fifth edition of the Future Forecast 2023, and the The Insights Family says the annual data release is proving to be a highly … [Read more...] about Licensing Market Data: Insights Releases Its Future Forecast for 2023
Licensing Sales Top $315 Billion Says Licensing International
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
Annual Licensing Royalty Trends Report Available Now
The Licensing Letter has released its annual Licensing Royalty Trends Report on the TLL Bookstore. And this year, the report comes with a major difference. Typically the Licensing Royalty Trends Report covers the differences in royalties and revenue, as well as changes in common licensing contract terms, from one year to the next. This year, however, the TLL team studied … [Read more...] about Annual Licensing Royalty Trends Report Available Now
Economy: NRF Issues Warning of Potential Recession
By Gary Symons The National Retail Federation is warning anti-inflationary moves by the Federal Reserve could plunge the US into a recession. NRF Chief Economist Jack Kleinhenz said it's too soon to say whether the Fed’s efforts to reduce inflation will lead to a recession, but continuing interest rate hikes increase the chances. “This year starts with the possibility of … [Read more...] about Economy: NRF Issues Warning of Potential Recession