Post by J.J. on Feb 13, 2008 10:05:59 GMT -5
WWE(R) Awards Master Toy License to Mattel
Wednesday February 13, 8:00 am ET
STAMFORD, Conn.--(BUSINESS WIRE)--World Wrestling Entertainment® (“WWE”), the greatest force in sports entertainment, and Mattel, Inc., the undisputed champion of the toy industry and the world’s leading toy manufacturer, today announced that they have entered into a comprehensive, multi-year licensing agreement, effective as of January 2010, naming Mattel as WWE’s master toy licensee covering all global territories upon the expiration of WWE’s current toy license.
Under the terms of the agreement, Mattel will develop and market products in a wide variety of toy categories such as action figures, accessories and playsets, games and puzzles, activity toys, plush products, vehicles (including R/C), and role play products. The first line of products will be available in 2010.
“The unbeatable combination of Mattel’s product innovation, retail relationships and global distribution along with WWE’s world renowned brand and superstars, global television penetration and live events will result in many years of profitable business for both parties,” said Donna Goldsmith, WWE’s Executive Vice President of Consumer Products.
“We’re thrilled to be partnering with WWE to jointly develop a long-term global brand that brings their superstar talent to kids of all ages in new and innovative formats,” said Tim Kilpin, General Manager/Senior Vice President of Boys/Entertainment, Mattel Brands.
Additional information on World Wrestling Entertainment Inc. (NYSE:WWE - News), can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to www.wwe.com/worldwide/.
Mattel, Inc., (NYSE:MAT - News)(www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products, including Barbie®, the most popular fashion doll ever introduced. The Mattel family of toys and games is comprised of such best-selling brands as Hot Wheels®, Matchbox®, American Girl®, and Fisher-Price®, which also includes Little People®, Rescue Heroes™, Power Wheels®, as well as a wide array of entertainment-inspired toy lines. With worldwide headquarters in El Segundo, Calif., Mattel employs more than 25,000 people in 36 countries and sells products in more than 150 nations throughout the world. The Mattel vision is to be the world's premier toy brands -- today and tomorrow.
Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. ECW is a trademark of WWE Libraries, Inc. All other trademarks, logos and copyrights are the property of their respective owners.
Then......
MALIBU, Calif., Feb 13, 2008 (BUSINESS WIRE) -- The world leader in wrestling toys, JAKKS Pacific Inc. (NASDAQ: JAKK), today announced that it signed an exclusive five year worldwide Master Toy License with TNA (Total Nonstop Action) Entertainment LLC for TNA Wrestling, with a planned launch expected to commence in 2010.
JAKKS' new TNA Master Toy License includes all styles of action figures, playsets, accessories and role play toys as well as collectible items based on TNA Wrestling's top talent which includes wrestling megastars Kurt Angle, Booker T, Christian Cage, Samoa Joe, A.J. Styles, Kevin Nash, Team 3D and other wrestlers who have chosen to align with the world's fastest growing wrestling league, TNA Wrestling.
TNA has been increasing in popularity since its inception in 2002. "TNA iMPACT" airs every Thursday night from 9:00 - 11:00 PM, ET/PT on Spike TV (available in 96.1 million homes and is a division of MTV Networks). Through a combination of televised programming, pay-per view and live events, TNA is also available in over 110 countries around the globe. For instance, the United Kingdom, historically JAKKS' strongest international territory for wrestling toys, is also TNA's strongest international territory, with programming having just moved from Bravo II to the main Bravo channel.
"TNA's stellar and growing arsenal of top world famous wrestlers, impressive ratings increases, aggressive live touring event schedule, and mounting exposure worldwide, coupled with JAKKS' expertise as the world's leading wrestling toy maker, bodes well for this new wrestling toy line to create a perfect storm," said JAKKS' Chairman and CEO Jack Friedman. "By the time 2010 arrives, TNA should be able to increase its market share even more significantly, and fans should be even more receptive to a new and exciting wrestling toy line."
"TNA fans have come to expect the very best in professional wrestling in everything we do, and JAKKS represents the top of the line in pro wrestling action figures," said Dixie Carter, President of TNA Wrestling. "We could not be more thrilled to have the world's leading wrestling toymaker join the fastest growing professional wrestling brand in the world. We believe that JAKKS' strength in the wrestling action figure genre will help continue TNA's reinvention of pro wrestling."
About TNA Wrestling
TNA Wrestling delivers a distinct brand of high-risk, athletic entertainment. TNA's roster includes the biggest names in Wrestling today, such as Kurt Angle, Booker T, Kevin Nash and Christian Cage, as well as the hottest new stars in the business: A.J. Styles, Samoa Joe and the Motor City Machineguns. TNA features the innovative six-sided ring and the high flying X-Division, as well as concept matches such as "Ultimate X," "King of the Mountain," "Six Sides of Steel," "Lethal Lockdown" and "Elevation X," considered the most dangerous match in professional Wrestling. TNA Entertainment, LLC is a privately held company headquartered in Nashville, TN. For more information, visit www.tnawrestling.com.
About JAKKS Pacific
JAKKS Pacific, Inc. (NASDAQ: JAKK) is a multi-brand company that designs and markets a broad range of toys and consumer products. The product categories include: Action Figures, Art Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys, Electronics, Dolls, Dress-Up, Role Play, and Pet Toys and Accessories. The products are sold under various brand names including JAKKS Pacific(R), Play Along(R), Flying Colors(R), Creative Designs International(TM), Road Champs(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R), Color Workshop(R), JAKKS Pets(TM) and Plug It In & Play TV Games(TM). JAKKS and THQ Inc. participate in a joint venture that has worldwide rights to publish and market World Wrestling Entertainment video games. For further information, visit www.jakks.com.
This press release may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, and difficulties with integrating acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.
Wednesday February 13, 8:00 am ET
STAMFORD, Conn.--(BUSINESS WIRE)--World Wrestling Entertainment® (“WWE”), the greatest force in sports entertainment, and Mattel, Inc., the undisputed champion of the toy industry and the world’s leading toy manufacturer, today announced that they have entered into a comprehensive, multi-year licensing agreement, effective as of January 2010, naming Mattel as WWE’s master toy licensee covering all global territories upon the expiration of WWE’s current toy license.
Under the terms of the agreement, Mattel will develop and market products in a wide variety of toy categories such as action figures, accessories and playsets, games and puzzles, activity toys, plush products, vehicles (including R/C), and role play products. The first line of products will be available in 2010.
“The unbeatable combination of Mattel’s product innovation, retail relationships and global distribution along with WWE’s world renowned brand and superstars, global television penetration and live events will result in many years of profitable business for both parties,” said Donna Goldsmith, WWE’s Executive Vice President of Consumer Products.
“We’re thrilled to be partnering with WWE to jointly develop a long-term global brand that brings their superstar talent to kids of all ages in new and innovative formats,” said Tim Kilpin, General Manager/Senior Vice President of Boys/Entertainment, Mattel Brands.
Additional information on World Wrestling Entertainment Inc. (NYSE:WWE - News), can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to www.wwe.com/worldwide/.
Mattel, Inc., (NYSE:MAT - News)(www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products, including Barbie®, the most popular fashion doll ever introduced. The Mattel family of toys and games is comprised of such best-selling brands as Hot Wheels®, Matchbox®, American Girl®, and Fisher-Price®, which also includes Little People®, Rescue Heroes™, Power Wheels®, as well as a wide array of entertainment-inspired toy lines. With worldwide headquarters in El Segundo, Calif., Mattel employs more than 25,000 people in 36 countries and sells products in more than 150 nations throughout the world. The Mattel vision is to be the world's premier toy brands -- today and tomorrow.
Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. ECW is a trademark of WWE Libraries, Inc. All other trademarks, logos and copyrights are the property of their respective owners.
Then......
MALIBU, Calif., Feb 13, 2008 (BUSINESS WIRE) -- The world leader in wrestling toys, JAKKS Pacific Inc. (NASDAQ: JAKK), today announced that it signed an exclusive five year worldwide Master Toy License with TNA (Total Nonstop Action) Entertainment LLC for TNA Wrestling, with a planned launch expected to commence in 2010.
JAKKS' new TNA Master Toy License includes all styles of action figures, playsets, accessories and role play toys as well as collectible items based on TNA Wrestling's top talent which includes wrestling megastars Kurt Angle, Booker T, Christian Cage, Samoa Joe, A.J. Styles, Kevin Nash, Team 3D and other wrestlers who have chosen to align with the world's fastest growing wrestling league, TNA Wrestling.
TNA has been increasing in popularity since its inception in 2002. "TNA iMPACT" airs every Thursday night from 9:00 - 11:00 PM, ET/PT on Spike TV (available in 96.1 million homes and is a division of MTV Networks). Through a combination of televised programming, pay-per view and live events, TNA is also available in over 110 countries around the globe. For instance, the United Kingdom, historically JAKKS' strongest international territory for wrestling toys, is also TNA's strongest international territory, with programming having just moved from Bravo II to the main Bravo channel.
"TNA's stellar and growing arsenal of top world famous wrestlers, impressive ratings increases, aggressive live touring event schedule, and mounting exposure worldwide, coupled with JAKKS' expertise as the world's leading wrestling toy maker, bodes well for this new wrestling toy line to create a perfect storm," said JAKKS' Chairman and CEO Jack Friedman. "By the time 2010 arrives, TNA should be able to increase its market share even more significantly, and fans should be even more receptive to a new and exciting wrestling toy line."
"TNA fans have come to expect the very best in professional wrestling in everything we do, and JAKKS represents the top of the line in pro wrestling action figures," said Dixie Carter, President of TNA Wrestling. "We could not be more thrilled to have the world's leading wrestling toymaker join the fastest growing professional wrestling brand in the world. We believe that JAKKS' strength in the wrestling action figure genre will help continue TNA's reinvention of pro wrestling."
About TNA Wrestling
TNA Wrestling delivers a distinct brand of high-risk, athletic entertainment. TNA's roster includes the biggest names in Wrestling today, such as Kurt Angle, Booker T, Kevin Nash and Christian Cage, as well as the hottest new stars in the business: A.J. Styles, Samoa Joe and the Motor City Machineguns. TNA features the innovative six-sided ring and the high flying X-Division, as well as concept matches such as "Ultimate X," "King of the Mountain," "Six Sides of Steel," "Lethal Lockdown" and "Elevation X," considered the most dangerous match in professional Wrestling. TNA Entertainment, LLC is a privately held company headquartered in Nashville, TN. For more information, visit www.tnawrestling.com.
About JAKKS Pacific
JAKKS Pacific, Inc. (NASDAQ: JAKK) is a multi-brand company that designs and markets a broad range of toys and consumer products. The product categories include: Action Figures, Art Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys, Electronics, Dolls, Dress-Up, Role Play, and Pet Toys and Accessories. The products are sold under various brand names including JAKKS Pacific(R), Play Along(R), Flying Colors(R), Creative Designs International(TM), Road Champs(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R), Color Workshop(R), JAKKS Pets(TM) and Plug It In & Play TV Games(TM). JAKKS and THQ Inc. participate in a joint venture that has worldwide rights to publish and market World Wrestling Entertainment video games. For further information, visit www.jakks.com.
This press release may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, and difficulties with integrating acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.