On Monday, the Walt Disney Company reported earnings of $2.1 billion for its second fiscal quarter ended March 28. Diluted earnings per share (EPS) increased 14 percent to $1.23 from $1.08 in the prior-year quarter, and excluding certain items affecting comparability, EPS for the quarter increased 11 percent to $1.23 from $1.11 in the prior-year quarter.
Entertainment One’s Peppa Pig is hitting the road for her first-ever U.S. theatrical tour, Peppa Pig’s Big Splash. The live stage show will visit 23 East Coast cities this November and December, including Washington D.C., Pittsburgh, and Boston. A second leg will take Peppa to additional U.S. cities next year.
Wonder Workshop has raised an additional $6.9 million from new investor WI Harper Group, as well as existing investors Madrona Venture Group, CRV, Maven Ventures, Bright Success Capital, and angels. Wonder Workshop will use the funding to continue to expand into new markets, and to develop manufacturing and strategic business channels. The funding brings the company’s total funding to $15.9 million.
Since its launch late last year, the company’s signature toys, Dash & Dot, have appeared at the White House for the National Hour of Code, been broadly adopted in classrooms around the country, and have provided more than 75,000 hours of fun and entertainment to kids around the world.
On Tuesday, April 14, after a severe and protracted period of illness, Dr. Dieter Stadlbauer passed away surrounded by his family. During five decades in the toy business, Dr. Stadlbauer built a local wholesale company into an international company group.
Disney Consumer Products Sets Date for Force Friday, Reveals Packaging Featuring New Star Wars Villain
Mattel Inc. has appointed Joseph B. Johnson to senior vice president and corporate controller, effective immediately. Johnson joins Mattel from Chiquita Brands International Inc., where he served as vice president, chief accounting officer, and treasurer. Previously, he held a number of leadership roles with Resolute Forest Products, an international wood and paper products company, including senior vice president, finance, and chief accounting officer.
Johnson succeeds Scott Topham, who has elected to retire from Mattel.
The Toy Industry Foundation (TIF) has released its 2014 Annual Report. Thanks to toy donations and financial contributions from individual and corporate supporters, TIF was able to serve nearly 5 million kids, and reach 56 percent more kids than during the previous year. Another milestone was met in 2014: More than $100 million worth of toys have been donated to The Toy Bank, TIF’s signature program, since the program’s inception in 2003. Just under $19 million in toys were donated last year.