Month: December 2009

Buffalo Games to Introduce William Wegman Puzzles

Buffalo Games is partnering with award-winning artist William Wegman to release four of his photographs in a 500-piece jigsaw puzzle, each a unique visual interpretation of his classic Weimaraners. The William Wegman 500 Piece Series of jigsaw puzzles will include Roller Rover, Stanley, Dockers, and Farm Days, and will be released in...

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THQ, WWE, JAKKS Pacific Reach Settlements

THQ Inc., World Wrestling Entertainment, Inc., and JAKKS Pacific, Inc. have reached settlement agreements with respect to the WWE video game and toy licenses, and the THQ/JAKKS Pacific joint venture. Under the three-party settlement, all claims have been withdrawn and all litigation ended among the parties without any party admitting any wrongdoing. THQ will pay WWE $13.2 million and, additionally, THQ has entered into a new eight-year video game license directly with WWE starting January 1.  The license is three years longer than the renewal term under the previous arrangement. THQ will also pay JAKKS Pacific $20 million over the next four year, in addition to its preferred return payment to JAKKS for the period ending December 31, 2009. The payments will be $6 million due June 2010 and June 2011, and $4 million due June 2012 and June 2013. The THQ/JAKKS Pacific joint venture will terminate effective December 31, 2009. For more information regarding the new license agreement between WWE and THQ, visit...

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German Toy Fair to Include Global Toy Summit

The first Global Toy Summit will premiere at February’s Spielwarenmesse International Toy Fair Nuernberg. The summit, “Understanding Markets and Implementing Marketing Strategies,” will feature a trade summit on February 8-9 and a manufacturers summit on February 9. The trade summit will be focused on boosting sales by inspiring customers, and will conclude with a lecture by consultant and author Alexander Christiani, where he will reveal successful strategies by the world’s top sales people. The manufacturers summit will feature a panel discussion on toy safety by industry representatives; Luis Montoya, head of Unit for International Regulatory Agreements, Toy Safety; and Maureen Logghe, policy officer, toy safety legislation. Other speakers will include Carter Keithley, president of the American Toy Industry Association, and Hsiao-Ni Liu from the inspection body TÜV Rheinland. For more information, visit...

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Chuggington to Premiere on Playhouse Disney

Ludorum’s first preschool property, Chuggington, will premiere on Playhouse Disney in the U.S. on January 18. The train-centric series features 26 interactive episodes, following three best friends who explore, work, and play. Each episode teaches social-emotional values for “riding the rails of life.” Chuggington debuted in the UK on BBC Two in September 2008 and CBeebies in January 2009. The CGI-animated show is also broadcasted in France, Australia, Germany, Japan, and Canada. Episodes will air Tuesday through Friday at 10:30 a.m. ET/PT and weekends at 7:30 a.m....

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