Tag Archives: IDEA Committee

Licensing International launches its Accelerator Program to fuel diversity in the licensing industry

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Licensing International has unveiled a new Accelerator Program aimed at bridging the gap between under-represented, diverse entrepreneurs and the resources they need to build their companies within the licensing industry.

The move is the latest in Licensing International’s ongoing efforts to help its members and the broader licensing community build diverse and inclusive workplaces.

The Diversity & Inclusion Accelerator Program was developed by Licensing International’s IDEA Committee (Inclusion, Diversity, Equity & Accessibility), a group of high-level executives from across the global brand licensing industry working to advance this cause and conversation.

The launch of the Accelerator Program was announced at the latest Diversity & Inclusion Workshop Wednesday, November, 18th which saw executives from Horizon Group USA, Encantos, Marquee Brands and WildBrain discuss challenges and share insights.

Maura Regan, president, Licensing International, said: “We have always been committed to attracting, developing and retaining the best and brightest from all backgrounds to our incredible industry.

“The findings of our study of diversity in the licensing community – conducted by the Geena Davis Institute on Gender in Media at Mount St. Mary’s University and released back in August – made it clear that there is still much work to be done in this regard, and our Accelerator Program is another important vehicle to continue creating meaningful change.” 

Companies chosen to participate in the Accelerator Program will receive benefits valued at over $100,000 including monthly mentoring meetings with industry leaders, enrollment in the Coursework in Licensing Studies professional certification program and a one-year Licensing International membership.

To be considered companies must be in the brand licensing business, can be either for-profit or non-profit, and all applicants must be diverse (whether along the lines of race, gender, sexual orientation, age or physical attributes).

Applications are being accepted now through April 30, 2021, and the 2021 Accelerator Program Cohort will be announced the week of May 24, 2021. 

To learn more about the Licensing International Diversity & Inclusion Accelerator Program and apply click here.

Results of the first-ever global study of diversity in the licensing business community, conducted by the Geena Davis Institute on Gender in Media at Mount St. Mary’s University, and the Diversity & Inclusion Toolkit are available to download for free.

The work of Licensing International’s IDEA committee is supported by Champion-level sponsor, NFLPA and Supporter-Level sponsors, Sony Pictures Entertainment and Peanuts Worldwide, a division of WildBrain.

Licensing International to unveil findings of its diversity in the industry study this August

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The industry trade association, Licensing International, will unveil the findings of the first global study into diversity within the licensing industry in special webinar to be held on Monday, August 3rd. The study was conducted by the Geena Davis Institute on Gender in Media at Mount Saint Mary’s University and was commissioned by Licensing International’s Inclusion, Diversity, Equity, and Accessibility Committee in February this year.

Licensing International will use the research to benchmark the industry and evaluate progress in the years ahead. The study also serves as the starting point for development of a Diversity & Inclusion Toolkit, providing guidance and resources for companies as they tackle this important issue.

The study is part of the ongoing work of the Licensing International IDEA committee, which is sponsored by the NFL Players Association (NFLPA), with additional support provided by Sony Pictures, Sybo Games and USAopoly.

“The findings of this study bear out what I think we all already know – there is work to be done when it comes to ensuring inclusivity and equal representation across our industry,” said Maura Regan, president, Licensing International. “This is a moral and a business imperative. Our goal is to provide the leaders of our industry with the knowledge and tools they need to take action and change the status quo. Sharing the findings of our research is just the first step in that process.”

“We applaud Licensing International for taking a leadership role by committing to this ground breaking research, which can serve as a blueprint as they build a more inclusive and equitable environment for their members,” said Madeline Di Nonno, CEO of the Geena Davis Institute on Gender in Media.

“Given the global reach and impact that the licensing industry has on consumers, and particularly children, embracing and building a culture of cultural equity and inclusion will drive relevant strategies around product development which will ultimately benefit our global society.”

Licensing International member companies from around the world participated in the study, and their responses were combined with supplemental research and data analysis by the Geena Davis Institute. Key learnings include:

  • 30.2 per cent of survey respondents report that their organization has a D&I program.
  • 17.8 per cent of small organizations (1-50 employees) have a D&I program, compared with 67.5 per cent of large organizations (501+ employees).
  • In the U.S., people of colour account for 38 per cent of the population, but only 13.5 per cent of CEOs among member organisations.
  • Women make up 51 per cent of the global population, yet 24 per cent of member organization CEOs are female, compared with 76 per cent who are male.

The full results will be presented by the Geena Davis Institute on Gender in Media at Mount Saint Mary’s University in a free webinar Monday, August 3 at 9 am PDT / Noon EDT.

The event will also include a discussion about the path forward with experts and corporate leaders. Licensing International’s new Diversity & Inclusion Toolkit will be made available after the event and is also being shared with a number of other related trade associations.

Formed last June, the Licensing International IDEA committee, chaired by Jamie Stevens, Sony Pictures Entertainment EVP of Consumer Products and Licensing, also plans to launch a diversity recruitment program that will attract and grows a diverse talent pool to brand licensing right out of college. Through partnerships with universities, Licensing International aims to develop and implement a targeted internship program, formalized mentorship opportunities and quarterly speaker series.