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The Sacramento Kings will become the first team in the NBA to accept Bitcoin. Starting March 1st, the Kings will take the popular cryptocurrency as an alternate method of payment for tickets and, yes, licensed merchandise, using processor Bitpay to handle transactions. The announcement comes shortly after online retailer Overstock.com began accepting Bitcoin payments earlier … [Read more...] about How Many Bitcoins For A Jersey?

Video game company Majesco, home to a number of licensed console, handheld, and smartphone titles, will not continue making licensed Zumba Games for the foreseeable future. Detailing its fiscal 2013 fourth quarter and year-end results, the company says it will "promote the current popular game titles in the marketplace in 2014, including ... recently launched Zumba Fitness … [Read more...] about Debra Joester, Joanne Loria Join LIMA Hall of Fame

You take your sales where you can get them. Toys R Us is turning its flagship Times Square store into a Super Bowl "football fan haven with themed apparel, winter weather gear, collectible sports figures, and more." Among family activities: Crayola will let kids make personalized team towels; Topps is staging themed trivia games; Todd McFarlane wlll autograph Joe Namath NFL … [Read more...] about Toys R Us As Football Fan Shop?

In the Sogo department store in the Causeway Bay neighborhood of Hong Kong, character-licensed apparel is joined by several junior versions of luxury brands, such as this department of Armani Junior and Armani Baby apparel. The entry of high-end fashion into the young children's market is a trend in Asia and intensifies the already significant competition in the licensed … [Read more...] about High Fashion for Hong Kong Babies

20th Century Fox will produce a film based on Wizards of the Coast's Magic: The Gathering trading card game. According to The Hollywood Reporter, Simon Kinberg will produce what the studio hopes will develop into a franchise along with Hasbro, owner of Wizards of the Coast. Wizards previously attempted a film adaptation with its other major property, Dungeons & Dragons, to … [Read more...] about Magic: The Gathering: The Movie

Kate Schlomann joins HIT Entertainment in London as VP Global Brand Management. She was previously EVP Brand Management & Marketing at FremantleMedia Enterprises. … [Read more...] about Who’s News

At the Wing On department store in the Sheung Wan neighborhood of Hong Kong, bedding is one of the categories with significant licensing activity. A whole section of children's sheets features Hello Kitty, while another consists of a variety of licenses ranging from Disney's Lilo and Stitch to the Chinese property Pleasant Goat and Big Big Wolf (shown in photo). On the adult … [Read more...] about Licensed Bedding Is Prominent at Wing On

Suntory, the privately-held Japanese food and beverage company, is acquiring Jim Beam (which also owns Maker's Mark, among other brands), for $13.6 billion. The agreement makes Suntory the world's third largest distiller. Jim Beam is represented for licensing by Thr3e Licensing, with products in snack foods, sauces and condiments, fresh foods, grilling, and other areas. … [Read more...] about Suntory Acquires Jim Beam Brands

Cherokee is acquiring the Tony Hawk and Hawk apparel brands from Quiksilver for an all-cash price of $19 million. Quiksilver has owned the brands since 2000. Kohl's will continue to be the exclusive U.S. DTR licensee for Tony Hawk and Hawk clothing and accessories. JPMorgan Chase Bank established a new credit agreement with Cherokee to finance the purchase. Quiksilver has been … [Read more...] about Cherokee Acquires Tony Hawk Brands From Quiksilver

Fox Consumer Products adds Celestron as a partner for its upcoming Seth McFarlane-produced reboot of Carl Sagan's Cosmos: A Personal Voyage. Celestron will make connected telescopes, using iOS and Android phone/tablet apps to navigate the stars. The company will also make branded binoculars and microscopes. Cosmos: A Spacetime Odyssey, airing later this year on Fox, will be … [Read more...] about Reach For The Sky