Product Development

Cozmo and Overdrive firm Anki ‘to lay off entire staff and close down business’

Anki, the robotics company behind the likes of Cozmo and Anki Overdrive is laying off its entire staff and shutting up shop, according to reports from The Verge and Recode. In a meeting on Monday morning, CEO of the US company, Boris Sofman told staff that all jobs would be …

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The NPD Group reveals the UK’s best-selling infant toys

The NPD Group has detailed the latest insights into the best-selling infant and baby toys, underpinning the UK’s spot at the fourth largest toy market in the world, with the highest per capita spend in Europe. The Group has confirmed that British consumers spent £3.3 billion on toys in 2018, …

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Asmodee to build board game worlds into novels with new Aconyte Books arm

The global games publisher, Asmodee has created its own fiction imprint under the name Aconyte Books. The division will be publishing novels based on a number of the firm’s best selling game properties. As part of its mission, Aconyte will also be actively pursuing licenses for third-party tie-in fiction, with …

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Jazwares details Angry Birds toy line as Rovio sees Q1 financials lift off

Jazwares has detailed its new Angry Birds toy line, scheduled to hit shelves this July, three months ahead of the cinematic release of The Angry Birds Movie 2. This new toy line follows Jazwares’ appointment as global master toy partner for Rovio Entertainment, who has just posted its own first …

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Kidicraft magics up Harry Potter 3D puzzles in new Warner Bros partnership

Kidicraft has been handed the exclusive distribution rights to a range of Harry Potter themed 3D jigsaw puzzles for both the UK and Republic of Ireland. The move comes as Warner Bros Consumer Products continues to roll-out licensing partnerships for its blockbuster Wizarding World of Harry Potter franchise, that now …

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Panini’s new deal with Quidd “further establishes digital as mainstream way to collect”

Panini has reaffirmed its commitment to the digital collectables space via a new deal in the US that brings its NBA licensed trading cards and stickers to the popular Quidd app. The move, according to Quidd CEO and founder, Michael Bramlage, is a big step in “further establishing digital collecting …

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Gaming sector pulls in $1bn in backer pledges on Kickstarter since 2009

Gaming has been big business for Kickstarter for some time now, but this week the crowdfunding platform revealed some rather impressive figures. As a collective sector, gaming has now brought in over $1billion in donation to creators since 2009, with pledges made by some 3.2 million people who have backed …

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USAopoly strikes first Star Wars deal with Disney

The board game and puzzle publisher, USAopoly has finally got its hands on the Star Wars license, thanks to a nw partnership with Disney Consumer Products that will see the company launch a raft of themed games into Europe, the Middle East and Africa. The initial Star Wars line-up from …

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Transformers and Magic: The Gathering help Hasbro shake-off the Toys R Us effect

The Transformers franchise and the tabletop phenomenon Magic: The Gathering have helped Hasbro to first quarter profit as the global toymaker’s revenues exceed forecasts. Net revenues have jumped two per cent from one year ago to hit $732.5 million, marking the first of such increase in six consecutive quarters. The …

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Spin Master wins Bakugan patent case against infringing Chinese company

Toymaker and children’s entertainment company, Spin Master has won its patent case against the Chinese firm Suzhou Hongstu Film Animation over its Bakugan property. The Canadian toy firm succeeded in its claim that Hongstu had infringed Spin Master’s Bakugan patent with its derivative Sky Warriors toys. In September 2017, Hongtu launched …

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