By: Karina Masolova; karina@plainlanguagemedia.com Last week, TLL reported on 2017 compensation trends based on results from the 2018 Salary Survey. The average salary was $112,000 worldwide, plus a $60,000 bonus (67% of respondents reported that they expect to receive a bonus in the next 12 months). It turns out that the licensing business is filled with mostly old (35% of … [Read more...] about Does Licensing Have a Diversity Problem?
Articles
Pop-ups, Social Causes & Documentaries
Epic Rights launches a nostalgic and immersive *NSYNC-centric pop-up experience in Los Angeles to celebrate the 20 year history of the group as well as its new star on the Hollywood Walk of Fame. In addition to official merchandise, the location also boasts photo activations and a display of props, wardrobe, and photography. The capsule collection's line of apparel and … [Read more...] about Pop-ups, Social Causes & Documentaries
M&A & Legal
Striker Entertainment strikes a first-look television development deal with Blumhouse Television. Striker will join Blumhouse in developing franchises around existing brands, video games, and consumer products—including a potential film based on indie horror video game Five Nights at Freddy's. Adaptive Studios acquires the Zane Grey literary estate. The media venture plans to … [Read more...] about M&A & Legal
Average Pay for Licensing Execs Down by $9K
Licensing professionals are experienced, happy with their jobs, and prepared to put in the hours, according to The Licensing Letter’s 2018 Salary Survey. We will have this year's TLL's 2018 Compensation Report, which features more in-depth breakdowns, available at Licensing Expo next month—contact Jen for more information. Over half of respondents (61%) have been involved in … [Read more...] about Average Pay for Licensing Execs Down by $9K
Who’s News—4/23/2018
Are you hiring—or being promoted, changing jobs, retiring, launching a new company, or otherwise changing your employment? Email Jen at jen@plainlanguagemedia.com and we'll announce the news in our next issue of Who's News. U.S. Secretary of Commerce Wilbur L. Ross designates LMCA Founder & CEO Allan Feldman a member of the New York District Export Council. As an appointed … [Read more...] about Who’s News—4/23/2018
Home-related Goods Boost Licensed Growth in 2017
Licensed retail sales grew just 2.3% in 2017 to reach $109 billion in the U.S./Canada—the slowest rate of growth observed since 2014, according to TLL's Annual Licensing Business Survey. Licensed sales only marginally outperformed GPD; the U.S. economy expanded by 2.2% and the Canadian by 3% in 2017. This last year marks the seventh year of positive growth for the region—the … [Read more...] about Home-related Goods Boost Licensed Growth in 2017
M&A & Bankruptcy
Nine West Holdings files for bankruptcy, listing debts of approximately $1.5 million. The apparel, jewelry, and jeanswear company is planning sell its flagship brand, Nine West, to Authentic Brands Group. It will also sell its Bandolino brand and reorganize around other businesses, including the Anne Klein name. MGA Entertainment CEO Isaac Larian makes his move, submitting a … [Read more...] about M&A & Bankruptcy
Licensed Apparel & Accessories Up 3.5% in 2017
Retail sales of licensed apparel and accessories goods were up a combined 3.5% in 2017, adding over $1.2 billion in value in the U.S./Canada, according to TLL's Annual Licensing Business Survey. The two product categories generated a combined $37.2 billion in licensed retail sales, or just over 34% of the greater total. Sales of licensed apparel merchandise were up by 4.1% to … [Read more...] about Licensed Apparel & Accessories Up 3.5% in 2017
Licensed Sales Reach $109 Billion in U.S./Canada in 2017
Licensed retail sales grew just 2.3% in 2017 to reach $109 billion in the U.S./Canada—the slowest rate of growth observed since 2014, according to TLL's Annual Licensing Business Survey. Licensed sales only marginally outperformed GPD; the U.S. economy expanded by 2.2% and the Canadian by 3% in 2017. This last year marks the seventh year of positive growth for the region—the … [Read more...] about Licensed Sales Reach $109 Billion in U.S./Canada in 2017
NCAA Tournament Scores $20–35 Million in Licensed Retail Sales
According to TLL's Annual Licensing Business Survey, collegiate properties generated $3.6 billion in licensed retail sales in the U.S./Canada in 2017. That marks a 2% increase from 2016, and includes all colleges, universities, and their respective sports teams. More specifically, TLL estimates that retail sales of collegiate properties tied to the NCAA Tournament alone … [Read more...] about NCAA Tournament Scores $20–35 Million in Licensed Retail Sales