China Toy Fair


Mega Brands Partners with UP&L for Despicable Me Building Sets

DespicableMe.MegaBloksOn Tuesday, Mega Brands Inc. entered a multi-year international licensing partnership with Universal Partnerships & Licensing (UP&L) to develop a new kids construction line based on the Despicable Me franchise from Universal Pictures and Illumination Entertainment.

Due in stores this December, the Mega Bloks Despicable Me construction sets will offer fully buildable characters, locations, and vehicles inspired by Despicable Me 2. The line’s customizable construction sets will include mix-and-match features, such as interchangeable accessories. In addition, each set will feature buildable Minions that are unique to the set, for a variety of Minions to collect, build, and play with.

To launch the line, seven fans will participate in the #MinionMontage Challenge on social media. Fans can visit the Mega Bloks Facebook page to see highlights.

Thanks to The Lego Movie, Lego Is World’s Largest Toy Maker

LEGO_LogoAs reported by The Wall Street Journal today, Lego is currently the world’s largest toy maker.

Denmark’s Lego A/S said that revenue during the first six months rose 11 percent, boosted by The Lego Movie products. This makes Lego the biggest toy company in the world in terms of both revenue and profit, ahead of Mattel Inc. The jump also puts Lego slightly ahead of Mattel in sales for the first six months of the year.

A sequel to The Lego Movie, The Lego Movie 2, is scheduled for release in 2017, and Warner Bros. has already set the release for the Ninjago movie next year.

The licensing of the movies themselves isn’t a significant element of sales for Lego compared with the sales of movie-related boxes of bricks. Overall first-half sales for Lego rose to 11.5 billion Danish kroner ($2.03 billion) from 10.4 billion kroner in the same period last year, the company said. [Read more...]

Mattel Completes Acquisition of Mega Brands

Mattel Inc. has completed the acquisition of Mega Brands Inc., the No. 2 player in the multi-billion-dollar construction toy category, through a wholly owned subsidiary of Mattel Inc. for approximately $460 million.

Mattel plans to maintain Mega Brands’ manufacturing facilities in Montreal and Tennessee, and the company’s headquarters will remain in Montreal. Geoff Massingberd, named chairman and president of Mega Brands by Mattel, has assumed full leadership responsibility.

In connection with the closing of the acquisition, Mega Brands’ common shares and warrants will be de-listed from the TSX Venture Exchange. Mega Brands has also applied to Canadian securities regulators to cease to be a reporting issuer in each of the provinces and territories of Canada, in which it is currently a reporting issuer.

Mega Brands Returns as Presenting Sponsor of Walk Now for Autism Speaks

Light it Up Blue was launched by Autism Speaks in 2010 in support of World Autism Awareness Day (WAAD), which takes place on April 2. Mega Bloks Lights It Up Blue in celebration of World Autism Awareness Day and encourages others to do the same in showing their support!

Light it Up Blue was launched by Autism Speaks in 2010 in support of World Autism Awareness Day (WAAD), which takes place on April 2. Mega Bloks Lights It Up Blue in celebration of World Autism Awareness Day and encourages others to do the same in showing their support!

Mega Brands Inc. has partnered with Autism Speaks Canada, Toys “R” Us Canada, and local autistic groups to launch three exciting initiatives in support of the cause. For the fourth consecutive year, Mega Bloks returns as the presenting sponsor of the 2014 Walk Now for Autism Speaks event, scheduled for May 25 at the McGill University Tomlinson Fieldhouse in Montreal.

Meanwhile, as a fundraising measure, Mega Bloks has joined forces with Toys “R” Us Canada, pledging to donate $1 of every Mega Bloks toy sold in-store and online in Canada throughout the month of April to Autism Speaks Canada. In addition, Mega Bloks has invited local autistic organizations to tour its Montreal headquarters every Friday during April to learn more about the therapeutic benefits of Mega Bloks toys.

More information about the Walk Now for Autism Speaks event can be found at the organization’s website.

COMMENTARY: Inside the Mega Bloks Factory, Where Innovation Is Their Building Block

March19.MegaBloksFactoryThere’s been a trend of late among North American toy manufacturers to either move manufacturing back home or to stay put entirely. Recently, I had a chance to visit the Mega Bloks factory in Montreal, where Mega Bloks—the signature toys of Mega Brands Inc.—are produced, and it only strengthens the argument not to export toy-making abroad. Jean-Francois Albert, vice president of manufacturing for the company, offered a guided tour that showed off the facility’s various innovations, which keep it cost-effective, even compared to China and other countries that traditionally offer cheap labor. [Read more...]

Mattel to Acquire Mega Brands

logo_Mattel logoMattel Inc. and Mega Brands Inc. have signed a definitive agreement for Mattel’s acquisition, through a wholly owned subsidiary of Mattel Inc., of Mega Brands for $460 million.

The acquisition advances Mattel’s global growth strategy of building upon its world-class portfolio of brands by expanding into two of the fastest-growing toy categories. Mega Brands is the No. 2 player in the $4 billion construction building sets category with its Mega Bloks brand, as well as a competitor in the $2 billion arts and crafts category.

mega brands logoMattel’s portfolio of brands will complement Mega Brands’ flagship Mega Bloks brand and existing licensed brands, including Halo, Skylanders, Call of Duty, Assassin’s Creed, Power Rangers, Hello Kitty, and SpongeBob SquarePants. The acquisition will give Mattel the opportunity to broaden its relationship with its entertainment partners.

Mega Brands ranks among the top 15 toy companies globally in terms of sales, according to statistics published by The NPD Group last year. Additionally, the company achieved record sales of preschool construction toys. [Read more...]

New App Offers Enhanced Building Experiences for Preschoolers

Mega Brands Inc.,  recently launched their free mobile app Mega Bloks First Builders Let’s Build!, which encourages parents and children to build and play together with the Mega Bloks First Builders preschool construction system.

This app features block-by-block animated instructions for a selection of more than 20 block models, including colorful animals, boats, vehicles, and more. With visuals and sound effects, Let’s Build! encourages learning through building and promotes the development of fine motor skills in children ages 1 and up. Parents will be able to share their creations with their family and friends through the app via email, Facebook, and Twitter.

The app is now available in 5 languages—English, French, Spanish, Italian, and German—and is free to download for iPhones, iPod Touch, and iPads.

This post was originally written by Sierra McCleary-Harris and published by ToyBook.com. For more news, visit www.toybook.com, follow The Toy Book on Twitter, and like The Toy Book on Facebook. The Toy Book is a bimonthly trade magazine covering the toy industry, published by Adventure Publishing Group.

Mega Brands Deal to Bring Power Rangers Samurai to Construction Aisle

Mega Brands, Inc. has entered into a multi-year global licensing agreement, excluding Asia, with Saban Brands to develop construction toys based on the new Power Rangers Samurai, the newest installment in the Power Rangers franchise. The Mega Bloks Power Rangers Samurai construction toy sets will match the style of the new series airing on Nickelodeon. Launching next spring, the Mega Bloks Power Rangers Samurai construction toy line will include popular characters, vehicles, and play sets.