Licensed toys account for 30% of UK sales

With several blockbuster movies set to launch this summer, The NPD Group has looked at the links between the big screen and toy sales and concluded that 2022 could be the year of the ‘blockbuster’ toy.

Licensed toys account for 30% of all sales this year, their highest level since 2008. By remaining relatively flat at -1%, licensed toy sales have out-performed non-licensed toy sales which are currently down -11% in value (Year-to-date May 2022 vs the same period last year). The largest licences this year are Star Wars, Harry Potter and Minecraft, with content including movies, streaming shows and video games.

The big screen is back

Three of the most anticipated films of the year are released during June and July: Jurassic World Dominion (released 10 June), Lightyear (released 17 June) and Minions: The Rise of Gru (released 1 July).

Melissa Symonds, NPD’s Executive Director of UK Toys, says: “We’ve already seen strong growth from movie releases this year such as The Batman driving toy sales up 84%, and Marvel Universe up 12%. Even ahead of their film launches, the Jurassic World toy license is up 63% and Minions up 79% so far this year. While prices and the cost of living pose a real-world challenge, cinema can provide an escape from everyday life. By buying toys related to the film they’ve just seen, kids can live in that world a little longer.”

Additionally, most of the big studios have implemented a multi-channel strategy that allows them to offer new content to fans continuously, instead of being restricted by one big movie release every three years.

“Many of these summer blockbusters have additional content available. There are series available on video-on-demand platforms such as Camp Cretaceous for the Jurassic saga, or Star Wars’ Obi-Wan Kenobi, not to mention the various Marvel streaming shows such as Ms. Marvel and Moon Knight developed around the lesser-known characters which enrich and extend the appeal of the franchises,” comments Symonds.
 

The top five movie properties YTD May 2022*
1.       Star Wars
2.       Marvel Universe
3.       Barbie
4.       Pokémon
5.       Paw Patrol
Source: The NPD Group

A record year for licenses for UK Toys

Symonds concludes: “2022 looks set to be a record year for licensed toys. With the big screen making a comeback, all eyes are on the summer blockbuster movies, but we also expect to see non-cinema licensed content performing as a powerful catalyst for the toy market thanks to TV, YouTube, subscription video-on-demand and video games. This should bring us one or two points of growth over the whole year.”

 

Cityneon picks up multi-year licensing rights for James Cameron’s Avatar touring exhibition

Victory Hill Exhibitions, a subsidiary of Cityneon Holdings, has picked up the multi-year licensing rights for a global touring exhibition based on James Cameron’s blockbuster film Avatar. Cityneon will work closely with Disney Location-Based Experiences and James Cameron and Jon Landau’s Lightstorm Entertainment on the venture.

With Avatar set to release the first of four sequels next year, Cityneon will look to curate an engaging experience for audiences to visit worldwide. The state-of-the-art touring exhibition will feature numerous interactive, multi-sensory segments where guests can explore the wonders of Pandora, the distant moon which is the setting for the films.

Ron Tan, executive chairman and chief executive officer of Cityneon, said: “We are honoured to work with Disney and Lightstorm Entertainment. All of us share the same vision of bringing these experiences alive with artistry and inventiveness. We are thrilled to be part of this collaboration. There’s a lot of anticipation for the film’s first sequel, and we’re excited to be part of the global effort to complement the film’s release with a truly immersive experience for fans in various markets.”

Lightstorm Entertainment’s president of franchise development, Kathy Franklin, added: “Our powerful new relationship with Cityneon for this global touring exhibition will play a key role in our continuing expansion of the reach and impact of the Avatar franchise around the world.”

Released in 2009, James Cameron’s Avatar was the highest-grossing film in motion picture history with a box office gross of nearly $2.8 billion, a record held for ten years. Captivating audiences across the globe with its otherworldly visuals and groundbreaking special effects, the film quickly became a worldwide phenomenon. Avatar is set to be followed by four sequels, with the first sequel scheduled for release in December 2021.