Feld Entertainment and Mattel Inc. announced the five year extension of their long-standing global licensing agreement between Monster Jam and Hot Wheels. The renewal agreement extends Mattel’s exclusive, worldwide licensing rights to Monster Jam replica die-cast, plastic, feature vehicles, accessories, and play sets through 2018.
Monster Jam, the largest touring monster truck property in the world, entertains more than four million fans from four continents and 10 countries with more than 350 action-packed performances each year. Additionally, Monster Jam performances are broadcasted globally with television distribution in more than 175 countries.
Monster Jam has secured a robust toy presence at retail and continues to obtain incremental promotional programs annually at mass and specialty retailers including Walmart, Toys “R” Us, Kmart, and Target. The core Hot Wheels Monster Jam business includes the popular 1:64 and 1:24 scale authentic die-cast vehicles, 1:43 scale motorized plastic Rev Tredz vehicles, and a growing line of Monster Jam-themed, TV-advertised play sets. [Read more...]