HoliDAY of Play 2015

Spin Master Completes Cardinal Industries Acquisition

logo_spinmasterSpin Master has completed the previously-announced acquisition of 100% of Cardinal Industries, one of the oldest privately-held game and puzzle companies in the United States. This makes Spin Master the second-largest games company in the U.S.

The purchase price was satisfied by $50 million in cash. Spin Master will also pay up to an additional $19.5 million over five years based on Cardinal’s EBITDA. The acquisition was financed through Spin Master’s existing credit facility.

Chicago Toy & Game Group Announces 9th Annual Young Inventor Challenge

ChicagoThe Chicago Toy & Game Group announced that registration is open for the ninth annual Young Inventor Challenge through November 1. Presented by Spin Master, the challenge invites kids ages 6 to 18 to invent their own original toy or game. Contest entrants will showcase their original toy and game ideas “science fair style” to a panel of play industry experts on Saturday, November 21 from 10 a.m. to 2 p.m. at the Chicago Toy & Game Fair (ChiTAG). [Read more...]

University Teams with Schoolchildren on World’s Largest Meccano Build

Prof. Trevor Whittaker from Queen's University walks the bridge this past Saturday.

Prof. Trevor Whittaker from Queen’s University walks the bridge this past Saturday.

With the help of Spin Master Corp., Queens University Belfast’s Civil Engineering Department completed The Big Bridge Build, which spans nearly 100 feet across Belfast’s Clarendon Dock. This past Saturday, officials from Guinness World Records confirmed the bridge is the world’s largest Meccano structure.

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COMMENTARY: The More Things Change with Star Wars Licensed Toys…

Star Wars: The Force Awakens Kylo Ren 20-inch figure, from Jakks Pacific

A long weekend ago, in a toy store far, far more crowded than I had anticipated (Toys “R” Us Times Square, though I really should have known better at that point), I checked out Destination: Star Wars—The Exhibition, which showed off Star Wars toys past and present. It closed this past Monday, but photos of all the exhibits can still be found online. Besides the opportunity to see vintage Star Wars toys, it was worth visiting because located over in its own themed corner of the store were all the new toys launched in anticipation of the upcoming, Star Wars: The Force Awakens.

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New Star Wars: The Force Awakens Toys and Other Products Go on Sale Everywhere

Force-Friday-logo-RED[1].jpgToday, merchandise inspired by the highly anticipated Star Wars: The Force Awakens launched at retailers as Force Friday officially went underway. More than 3,000 retail locations in the U.S. opened their doors at midnight for fans to be among the first to discover new Star Wars products.

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Spin Master Launches Star Wars Collection

Spin Master Air Hogs Star Wars Millennium FalconSpin Master Corp. has launched new toys and games based on the Star Wars saga, offering something for both young and old fans. All products are available now at major retailers.

Legendary Yoda stands 16 inches tall and has lifelike movements as well as voice recognition, making it possible to train with the Jedi Grand Master. Yoda has three modes—Force, Wisdom, and Warrior—and kids can speak directly to the interactive figure and hear him speak classic words of wisdom.

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Richard Desroches Joins Imports Dragon as Director of Brands

ImportsDragon.logoRichard Desroches has joined Imports Dragon as its director of brands, effective immediately. He will be responsible for growing the company product portfolio and strengthening and growing market share of popular brands such as Shopkins, NHL figures, and upcoming brands.

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Walmart Releases Chosen by Kids List of Top Toys for the Holiday Season

walmartWalmart has released its Chosen by Kids list, which features the top toys of the year as chosen by 1,000 kids. The retailer asked them to choose their favorite toys from among the newest items by Hasbro, Mattel, Spin Master, and Zing. For consumers’ convenience during this upcoming shopping season, the list is organized by gender and age, as well as by the categories Future Foodies, Veterinarians in Training, Dreaming Design Stars, and Adventure-Seekers in the Making.

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Spin Master Exercises Over-Allotment Option for Total IPO Proceeds of C$253 Million

spin masterToday, Spin Master Corp. announced that in connection with its recently completed initial public offering (IPO) of 12,225,000 subordinate voting shares at a price of C$18.00 per share, the over-allotment option granted to the underwriters to purchase up to an additional 1,833,750 subordinate voting shares was exercised in full, generating additional gross proceeds to Spin Master of C$33,007,500.

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Little Charmers’ Licensing Program Continues to Grow Across Toy Categories

LittleCharmersLittle Charmers‘ portfolio of toy licensees has grown by a few more partners, reports Corus Entertainment’s Nelvana Enterprises, which co-produces the Little Charmers animated series.

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