Featured Company News – JAKKS Announces Multi-Year Global Master Toy Agreement for Disney Pixar’s ‘Incredibles 2’

LONDON, UK / ACCESSWIRE / September 29, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for JAKKS Pacific, Inc. (NASDAQ: JAKK) (“JAKKS”), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=JAKK. The Company announced on September 27, 2017, that it has signed a multi-year, global master toy licensing deal with Disney Consumer Products, Inc. to launch new toys officially for Disney Pixar’s upcoming animated film, ‘Incredibles 2′. For immediate access to our complimentary reports, including today’s coverage, register for free now at:

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Terms of the Agreement

As per the agreement, JAKKS will be responsible for the manufacturing, marketing, and distribution of action figures and accessories.
The figures include mini-figures and collectible figures, playsets, interactive toys, pre-school toys, role-play and dress-up accessories, novelty toys, radio control toy vehicles, toy vehicles, including die-cast and plastic, as well as associated playsets.
The deal also includes master toy rights for the 2004 film ‘The Incredibles’.

JAKKS Thrilled to be named as Master Toy Licensee for ‘The Incredibles’ Franchise

Stephen Berman, Chairman, and CEO of JAKKS, stated that the Company is thrilled to extend its relationship with Disney and be named the master toy licensee for ‘The Incredibles’ franchise. Berman added that JAKKS is looking forward to working with the remarkable storytellers at Pixar and Disney to bring ‘The Incredibles’ characters to life through a variety of toys and other consumer products for a new generation of kids.

Creativity in the Film Brought to Life through Assortment of Toys Created by JAKKS

Commenting on the agreement, Josh Silverman, EVP, Global Licensing, Disney Consumer Products and Interactive Media (“DCPI”), stated that fans around the world are excited to see their favorite super family back on the big screen with ‘Incredibles 2′ and the Company is delighted that the creativity and innovation seen in the film is seamlessly brought to life in the broad assortment of toys JAKKS has created.

‘Incredibles 2′

‘Incredibles 2′ is the direct sequel to hit animated feature film ‘The Incredibles’, released in 2004. The original movie was about the adventures of a family with superpowers and was a blockbuster hit at the box office, grossing more than $600 million worldwide. The sequel is slated for release in June 2018.

JAKKS’ Recent Partnership

As per news release on August 09, 2017, JAKKS signed a licensing agreement with Saban Brands, LLC for its iconic property, ‘Power Rangers’, which includes the Power Rangers TV series and the Power Rangers Live Action films, including 2017’s feature film ‘Saban’s Power Rangers’. The agreement included rights to exclusively manufacture, market, and distribute adult and kids Halloween costumes, accessories, and everyday dress up in the US, Canada, and Latin America.

About Disney Consumer Products and Interactive Media

Established in 2005, DCPI is the business segment of The Walt Disney Co. that brings stories and characters to life through innovative and engaging physical products and digital experiences across more than 100 categories, including toys, t-shirts, apps, books, and console games. DCPI comprises four main lines of business, namely: (i) Licensing, (ii) Retail, (iii) Games and Apps, and (iv) Content.

About JAKKS Pacific, Inc.

Founded in 1995, JAKKS is a leading designer, manufacturer, and marketer of toys and consumer products sold throughout the world. The Company’s popular proprietary brands include BIG-FIGS™, XPV®, Max Tow™, Disguise®, Moose Mountain®, Funnoodle®, Maui®, Kids Only!®, and C’est Moi™. JAKKS is headquartered in Santa Monica, California.

Last Close Stock Review

On Thursday, September 28, 2017, JAKKS Pacific’s stock closed the trading session at $3.00, slightly rising 0.84% from its previous closing price of $2.97. A total volume of 233.78 thousand shares were exchanged during the session, which was above the 3-month average volume of 185.60 thousand shares. The stock currently has a market cap of $86.58 million.

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