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The royalty income to North American property owners from the use of their brands slipped 0.8 percent in 2007 to $5.99 billion, according to Licensing Expo organizer International Licensing Industry Merchandisers’ Association.
The TV, movie and entertainment “characters” category was the only one to show an increase, up 1.1 percent to $2.71 billion.
About 25,000 media execs attended the three-day Licensing International Expo this week, looking to repackage and merchandise television properties.
TV property in new packages available this year included Warner’s Wonder Woman and Super Girl characters, and the Television City line from CBS Consumer Products, which pulls together classic TV series such as Beverly Hillbillies and Rawhide, writes Broadcasting & Cable. Hallmark licensed the Television City property for greeting cards this week.
Repackaging familiar properties into new groups for licensing is a trend begun by Disney Consumer Products, which created enormously successful umbrella brands around Disney Princesses and Disney Fairies properties.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
