Spin Master Inks Global Toy Agreement With Paramount Consumer Products For Dora, An Upcoming, All-New Animated Paramount+ Original Preschool Series In Award-Winning Dora The Explorer Franchise
Portfolio Pulse from Benzinga Newsdesk
Spin Master Corp. (TSX:TOY) has secured a global toy license for the upcoming Paramount+ original preschool series, Dora. The toy collection, inspired by the Dora the Explorer franchise, is expected to launch in Fall 2024. The series will stream exclusively on Paramount+ in Spring 2024 in the U.S. and internationally on Paramount+ and Nickelodeon channels.
October 02, 2023 | 12:08 pm
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POSITIVE IMPACT
Paramount's partnership with Spin Master for the Dora toy line could boost its consumer products revenue.
The partnership with Spin Master for the Dora toy line could increase Paramount's consumer products revenue as the Dora the Explorer franchise has a strong global following. The new series and toy line could attract new and existing fans, potentially driving sales.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Spin Master's global toy license for the Dora series could boost its revenue and strengthen its position in the preschool play space.
Securing the global toy license for the Dora series could boost Spin Master's revenue as the Dora the Explorer franchise is globally acclaimed. This could also strengthen Spin Master's position in the preschool play space, potentially driving its stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100