The Walt Disney Company is realigning two of its divisions, Disney Consumer Products and Disney Interactive. The new combined segment, Disney Consumer Products and Interactive Media (DCPI), will be run jointly by Leslie Ferraro, co-chair, DCPI and president, Disney Consumer Products; and Jimmy Pitaro, co-chair, DCPI and president, Disney Interactive.
Leslie Ferraro has been named president, Disney Consumer Products, effective immediately. A 16-year Disney veteran, she most recently served as Walt Disney Parks and Resorts’ executive vice president, global marketing, sales and travel operations, where she was responsible for leading the marketing and sales teams in developing numerous highly successful consumer campaigns worldwide.
This fall, the Star Wars universe will join Disney, Disney•Pixar, and Marvel in Disney Infinity 3.0 Edition, as announced by Disney Interactive. The latest edition of the video game series will include five Play Sets, new Toy Box expansion games, and fan-favorite characters from across the Walt Disney Company.
Hundreds of global toy executives and guests gathered in New York City this past Saturday to pay tribute to the toy industry’s best and brightest toys, games and individuals at the 15th Annual Toy of the Year (TOTY) Awards and Toy Industry Hall of Fame induction ceremony.
Zoomer Dino, from Spin Master, took home the overall Toy of the Year award prize and was named Boy Toy of the Year. Spin Master’s pet dinosaur lets kids train it to sit, speak, and react to commands. Crayola‘s Paint Maker, a customizable arts and crafts kit, earned the People’s Choice award and was also named Activity Toy of the Year. [Read more...]
Mattel Inc. has made key changes to its executive leadership team, effective immediately. Richard Dickson and Tim Kilpin will assume expanded responsibilities as president, chief brands officer, and president, chief commercial officer, respectively. Both will report to Mattel Chairman and CEO, Bryan G. Stockton. [Read more...]
MGA Entertainment (MGAE) has appointed Anne Gates as president. Gates joined MGAE in early 2014 and MGA says she has proven to be a strategic and creative leader for the company’s portfolio of family entertainment franchises. In her new role, Gates will oversee all of MGAE’s global businesses and operations.
“Having Anne Gates as president will allow me to innovate and work more closely with the MGAE team on a vision for an exciting future, while Anne handles the day-to-day operation of the business. Anne and I will work very closely together to take MGAE to new heights,” says Isaac Larian, CEO of MGA Entertainment. “Her incredible determination and proven performance in systematically growing businesses, paired with her exceptional management and entertainment experience, will help position the company for continued growth and leadership in the toy and entertainment world.” [Read more...]
Toys “R” Us stores and Toysrus.com officially launched Disney Infinity on August 18. Disney Interactive’s new video game platform will be available on the Xbox 360 system, the PlayStation 3, Nintendo 3DS, Wii, Wii U, and iPad. The game integrates collectible figures featuring characters from The Walt Disney Company and Pixar Animation Studios with a video game experience that allows the characters to interact together—for the first time ever. In the U.S., the Infinite Crystal Series figures will only be available at Toys “R” Us. The figures are an assortment of collectible figures that have enhanced in-game abilities, as well as power discs that unlock special in-game powers, gadgets, vehicles, and more.
Each Disney Infinity character figure will come to life and play together in a virtual Toy Box. In this mode, players can build and customize their own virtual world using their favorite characters, vehicles, settings, and accessories. The game also includes a Play Set mode, a story-driven experience that allows players to solve puzzles, battle enemies, and explore locations from Disney properties.
Disney Infinity launched with an initial line of 18 collectible interactive figures and 21 Power Discs, including those found only at Toys “R” Us. Toys “R” Us will offer the largest assortment of Disney Infinity products available, which includes the Lighting McQueen Infinite Crystal Series figure, and Mike’s Car Power Disc (Monster’s Inc.).
The Marvel amendment extends Hasbro’s global rights to Marvel characters for an additional two years running through 2020. Hasbro will continue to develop a wide range of toys and games for Marvel’s global Universe of more than 8,000 characters, including Spider-Man, The Avengers, and Iron Man.
Following the acquisition of Lucasfilm by Disney, the two companies sought to align the terms of both the Marvel and Lucasfilm agreements. The Marvel extension is in line with the term for Hasbro’s rights for the Star Wars franchise, which also runs through 2020. Both agreements cover entertainment, including all film and television properties, for the respective franchises during the period and include similar product categories.