Eugene David ...The One-Minute Pundit |
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Tuesday, June 21, 2005
You wonder USAOKAY!!!!! doesn't have a booth at this big licensing convention -- it does enough SELLING.
Oops: "There will continue to be breakout properties," says Debra Joester of licensing agency The Joester Loria Group. "But it takes a lot more work and strategic vision than ever. Logo slapping (on merchandise) doesn't excite consumers." Sales results seem to bear that out. Total licensing revenue grew less than 1%, to $5.85 billion, last year, according to a study out today from the International Licensing Industry Merchandisers Association (LIMA). Most of the gains came from entertainment, which benefited from movie sequels led by Spider-Man 2 and Shrek 2. Fashion and sports brands generated less excitement. Translation: it's the same old same old; but part of the fun of BIG MEDIA is packaging the same old same old in the same new same new bottles.
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