Business World

You can’t escape the movie toys this year

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are fans of the series are more likely to buy their children a toy from that movie, Lennett explained. At a preview of the toy line, Universal displayed a slew of Vin Diesel movie- themed products, from small toy cars for children to collectibl­e vehicles for adults and an apparel line.

“Our toy offering is expanding,” Julian Montoya, vice-president of global toys for Warner Bros. Consumer Products, said. “Films drive a lot of demand from consumers and retailers, which in turn generates more demand across our television and classic franchises.”

Lego also experience­s a bigger boost when a movie becomes a hit. Branded LEGO content “fares very well across franchises” and has a “halo” effect for the company, Michael McNally, senior director of brand relations at Lego, said. He cited The LEGO Movie, which premiered in 2014: “We saw a rise in sales across our overall brand, not just the one theme.”

He added that the company hopes the just released LEGO Batman movie will have a similar knock-on effect.

There’s also the reverse license, of sorts. When a toy is really successful, the manufactur­er puts out entertainm­ent to match it, such as Shopkins, makers of small collectibl­es, which introduced a Web series.

In recent years, Hasbro, Inc. has produced nine live-action feature films based on toys, including Battleship, Ouija, G.I. Joe, and Transforme­rs. Other toymakers have released dozens of directtovi­deo releases or television films for such dolls as Mattel’s Barbie, Monster High, and MGA Entertainm­ent’s Bratz. This year, the Lego Ninjago Movie, My Little Pony: The Movie, and the latest Transforme­rs movie are all born of toys.

“The price to go to market for content has changed quite a bit because of the YouTube and Netflix type of avenues,” Lennett said. “We do know that content is helping to drive toy sales.” Appell echoed the sentiment: “We’re seeing toy companies really act as entertainm­ent companies in a lot of ways.” — Bloomberg

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