The sporting gear company Under Armour has been shedding sponsorship deals over the past year, and now we know how deep the cuts have gone. Under Armour Inc. released its annual report in late February, which shows the company slashing its sponsorship spending by an astounding 47 per cent in a single year. The cuts reduce Under Armour's spending on sponsorships from $679.1 … [Read more...] about Under Armour Slashed Sponsorships in 2020
Recent Headlines
Carley Leads Global Licensing at BBC Studios
BBC Studios is getting serious about licensing, and has promoted veteran exec Andrew Carley to the newly created role of Director of Global Licensing. The move will see Carley empowered to create and manage a long-term strategy which, among other projects, will include opportunities for the BBC's highly successful pre-school show Bluey. “The BBC has long been synonymous with … [Read more...] about Carley Leads Global Licensing at BBC Studios
Special Report: The Future of Hasbro
By Gary Symons TLL Editor in Chief The 'Play and Entertainment' conglomerate Hasbro has for the first time outlined its future plans in a live investor event, and as expected, the news will be game changing for the company and for its licensing partners worldwide. Sit down and grab yourself a coffee or tea, because it's a LOT. At the core of the announcement, Hasbro has … [Read more...] about Special Report: The Future of Hasbro
Peppa Pig Theme Park To Open at LEGOLAND Florida
Thanks to the soaring popularity of Peppa Pig, families will squeal with delight in 2022 as they jump into the playful world of Peppa Pig for an unforgettable day of adventure at the World’s First Peppa Pig Theme Park, built out as part of the LEGOLAND Florida Resort. Designed to be the ultimate day trip for little ones, the all-new standalone theme park will feature multiple … [Read more...] about Peppa Pig Theme Park To Open at LEGOLAND Florida
Hasbro Expands License Deal With Epic Games
Toy and entertainment company Hasbro has announced an expansion of its current licensing program with Epic Games for products based on the Fortnite video game. The deal, announced during Hasbro's Investor Event on Feb. 25, extends the agreement by five years, and expands the deal beyond outdoor play products and tabletop games into item expressions such as collectible action … [Read more...] about Hasbro Expands License Deal With Epic Games
Disney’s Toy Onslaught For Raya and The Last Dragon
It's been a while since a Hollywood tentpole movie has inspired a major launch of new toy lines, but Disney is taking a crack at it as Raya and the Last Dragon debuts on March 5. The COVID-19 pandemic has badly stalled releases of major films in theaters, and different studios have reacted with different strategies. Warner famously (or infamously) announced all of its films in … [Read more...] about Disney’s Toy Onslaught For Raya and The Last Dragon
Licensing Letter Editor To Deliver Keynote at Octane5 Event
Octane5, the company behind the BrandComply Licensing Enterprise Platform, has announced its 2021 International Open House March 4, 2021, featuring The Licensing Letter Editor in Chief Gary Symons as the keynote speaker. Symons, who also presented Rise of the Virtual Influencer at the SPLiCE Conference last month (Society of Product Licensors Committed to Excellence), will … [Read more...] about Licensing Letter Editor To Deliver Keynote at Octane5 Event
Colour Republic and Country Living Say It With Flowers
North American floral company Colour Republic has launched a new licensing partnership with Country Living magazine, published by Hearst Magazine. The deal will see Colour Republic producing freshly picked, artfully arranged floral designs that will be offered for home delivery through the Country Living Floral Collection. The designs can be delivered quickly and easily to the … [Read more...] about Colour Republic and Country Living Say It With Flowers
YouTube Clones TikTok For March Launch
If imitation is the sincerest form of flattery, then TikTok must be positively blushing right now. The spectacular rise of TikTok as a social media and entertainment phenomenon has inspired Alphabet-owned streamer YouTube to face off directly with the upstart by launching its own version, called Shorts. Shorts is due to arrive in the United States in March, after a successful … [Read more...] about YouTube Clones TikTok For March Launch
Jodi Bogdanoff Tagged for Key Role at Brand Central
Brand Central LLC, a global licensing consultancy headquartered in Los Angeles with offices in Louisville and New Jersey, has announced the promotion of Jodi Bogdanoff to the position of Senior Vice President of Licensing. Bogdanoff, who has been promoted from Vice President to Senior Vice President, will be reporting directly to Brand Central CEO Ross Misher. In her expanded … [Read more...] about Jodi Bogdanoff Tagged for Key Role at Brand Central