ChatGPT Among the AI Tools Used to Help Decrease Production Costs By Gary Symons TLL Editor in Chief It was just in December when TLL predicted Artificial Intelligence (AI) would become a major part of the licensing industry. Now, Genius Brands International has announced the launch of its first AI-generated children’s series, Kidaverse Fast Facts, using OpenAI’s … [Read more...] about Genius Brands Launching First Children’s Series Produced by Artificial Intelligence
News & Trends
Who’s News: Insights Family Announces Appointment of New Chief Growth Officer
By Allison Watkinson TLL Reporter Markets intelligence company The Insights Family has appointed sales specialist Tom Williams as its new chief growth officer. The Insights Family is a global market intelligence company that provides real-time data on the attitudes, behaviors, and consumption patterns of kids, parents, and families. “I met Tom in April 2021, and have … [Read more...] about Who’s News: Insights Family Announces Appointment of New Chief Growth Officer
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
Trade Shows: Time to Sign Up For This Year’s Licensing Expo
By Allison Watkinson TLL Reporter Registration for the annual Licensing Expo trade show in June is now open on the event's official website. Organized by Informa Markets and sponsored by Licensing International, Licensing Expo is the world's largest tradeshow dedicated to licensing and brand extension. The event brings more than 5,000 brands and 16,000 retailers, … [Read more...] about Trade Shows: Time to Sign Up For This Year’s Licensing Expo
Update: Hermès Wins Landmark Lawsuit Over ‘MetaBirkin’ NFTs
By Gary Symons TLL Editor in Chief The luxury brand Hermès has won a landmark case that will help determine the future of NFT artworks in the United States. A nine-person jury emerged from several days of consideration to name Hermès the victor in a copyright infringement trial. NFT artist Mason Rothschild was also ordered to pay $133,000 in damages to Hermès, … [Read more...] about Update: Hermès Wins Landmark Lawsuit Over ‘MetaBirkin’ NFTs
Crowds Come Back to Nuremberg as Spielwarenmesse Toy Fair Returns
By Allison Watkinson TLL Reporter Following an enforced gap of three years, the Spielwarenmesse trade fair has resumed its place as an international networking event for the toy industry. The Spielwarenmesse trade fair is owned and operated by the trade event organizer and marketing services company, Spielwarenmesse eG. The business-to-business trade fair is intended … [Read more...] about Crowds Come Back to Nuremberg as Spielwarenmesse Toy Fair Returns
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
Authentic Brands Working With Global Citizen to End Extreme Poverty
By Gary Symons TLL Editor in Chief The global brands company Authentic Brands has committed to help Global Citizen's mission to End Extreme Poverty NOW. Global Citizen is the world’s largest international advocacy organization, while Authentic Brands Group is a global brand development, marketing, entertainment, and digital platform. Authentic is also the owner of many of … [Read more...] about Authentic Brands Working With Global Citizen to End Extreme Poverty
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
Music Licensing: Is Justin Bieber’s Catalog Worth More Than $200 Million?
Data From Spotify Says Yes By Gary Symons TLL Editor in Chief (Photo of Justin Bieber by Budiey) Justin Bieber has agreed to sell his entire music catalog to Hipgnosis Songs Capital for more than $200 million. Hipgnosis announced the deal via press release, saying it has acquired “Justin Bieber’s 100% interest in his Publishing Copyrights (including the Writer’s Share … [Read more...] about Music Licensing: Is Justin Bieber’s Catalog Worth More Than $200 Million?