By Gary Symons TLL Editor in Chief While the rest of us were chowing down on leftover turkey and napping on the in-law's couch in a tryptophan-induced coma, Hasbro and Lionsgate were busy inking a deal for the sale of Entertainment One. Hasbro announced on December 27 it had completed the sale to Lionsgate for $375 million in cash, with Liongate also assuming all current … [Read more...] about The Story Behind Hasbro’s Holiday Sale of Entertainment One
Toys and Games
Global Toy News Will Return in 2024 After Death of Founder
By Gary Symons TLL Editor in Chief Some bittersweet news today, as we've learned that Global Toy News will return to publication in 2024. The unique publication shut down temporarily after the death of its founder, Richard Gottlieb, in late October. Gottlieb was founder of both Global Toy News and the consultancy firm Global Toy Expert, and he was certainly … [Read more...] about Global Toy News Will Return in 2024 After Death of Founder
Care Bears Express Christmas Event Takes Off in Hong Kong
By Allison Watkinson TLL Reporter Cloudco Entertainment and kkplus have announced a licensed Care Bears Express holiday event at the Langham Place mall in Hong Kong. Langham Place is a large, 16-story shopping centre and commercial complex that is located in the Kowloon district of Hong Kong. The Cloudco and kkplus partnership in Langham Place features an extensive Care Bears … [Read more...] about Care Bears Express Christmas Event Takes Off in Hong Kong
Care Bears Bring The Love To Global Partnership With MINISO
By Gary Symons TLL Editor inChief MINISO, the China-based retailer known for its trendy and affordable products, has announced a global partnership with Care Bears. The collaboration is set to enchant fans worldwide with an expansive Care Bears-themed product line, adding a sprinkle of nostalgia and joy to MINISO's offerings. Care Bears from Cloudco is, of course, a … [Read more...] about Care Bears Bring The Love To Global Partnership With MINISO
Nintendo Reveals Licensed Animal Crossing Sets From LEGO
By Allison Watkinson TLL Reporter The LEGO Group and Nintendo are launching a line of LEGO build sets inspired by the Animal Crossing video game franchise.The five co-branded building sets are intended to let LEGO fans explore licensed Animal Crossing locations and characters through imaginative play.Many of the objects from the licensed Animal Crossing sets can be adapted, … [Read more...] about Nintendo Reveals Licensed Animal Crossing Sets From LEGO
Women in Toys Announces Key Changes to Its Board of Directors
TLL Staff Women in Toys, Licensing & Entertainment (WiT) has announced key changes to its Board of Directors, including the appointment of a new board chair. The organization says this move underscores WiT’s ongoing commitment to championing the advancement of women in the toy, licensing and entertainment industries. Effective Jan. 1, 2024, Ehi Oviasu-Kahn (pictured … [Read more...] about Women in Toys Announces Key Changes to Its Board of Directors
Not So Merry Xmas As Hasbro Announces Massive Layoff
By Gary Symons TLL Editor in Chief It's going to be a bleak holiday season at Hasbro, as the toy giant announced layoffs for 1,100 workers, and closed its office in Providence, RI. Hasbro says it is taking necessary steps stem losses and prepare for a recovery by making a second major workforce reduction. The layoffs now being announced follows a previous round of cuts … [Read more...] about Not So Merry Xmas As Hasbro Announces Massive Layoff
Who’s News: Steve Pasierb Stepping Down as Toy Association CEO
TLL Staff The Toy Association has announced President and CEO Steve Pasierb is stepping down from his role at the organization in the spring of 2024. His current contract will expire in April, following nearly a decade of leadership with the trade organization. “It has been a distinct honor and privilege to serve in the role of President & CEO of The Toy … [Read more...] about Who’s News: Steve Pasierb Stepping Down as Toy Association CEO
Jazwares Acquires Australian Toy Distribution Company
By Allison Watkinson TLL Reporter Jazwares has acquired the Australian toy distribution company Big Balloon as part of its continued strategy for global expansion."The company’s leadership, combined with the cultural alignment and our mutual passion for brands, made this the natural evolution for both our businesses," said Big Balloon co-founder, Chris Loverso. "As team … [Read more...] about Jazwares Acquires Australian Toy Distribution Company
Hasbro Announces Free Pop-Up Event Based On Its Dedicated Toyland Amazon Store
By Allison Watkinson TLL Reporter Hasbro and Amazon are holding a free experiential holiday pop-up event in NYC featuring Hasbro-owned brands and character IPs. The three-day event will host a variety of activities including a Hasbro product showcase, a Santa Claus letter writing station, a giveaway prize wheel, complimentary snacks and photo ops with Santa Claus and Hasbro … [Read more...] about Hasbro Announces Free Pop-Up Event Based On Its Dedicated Toyland Amazon Store