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Thread: Playmates losing TMNT?
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Old 12-30-2025, 09:56 PM   #10
Steevy Maximus
Join Date: Oct 2008
Location: Okeee-homa
Posts: 121
Quote:
Originally Posted by themadbubbler View Post
I'm a TMNT fan since 1988, and I thought "Mutant Mayhem" was great. -Shrug-
The figures seem to sell decently, but they overproduce the various versions of the turtles themselves.
In truth, though? That’s been the brand’s MO since the start. Every time the brand has peaked, Playmates shifted to straight Turtle cases with the other characters relegated to a separate assortment.

I really don’t put much stock into what collectors “perceive” sales to be, ESPECIALLY for kids product. The nature of kids lines are fewer items available over a longer period of time, so a well selling product line with ready availability would put forth the appearance of “clogging shelves”. From the indications I’ve seen, Mutant Mayhem seems to be doing “fine”. The only recent TMNT initiative that I could point to as being a full blown “bomb” is probably Rise of the TMNT. Coming off the successful 2012 refresh, it was an abject failure the kind of which I don’t think the brand had seen since Next Mutation.

Quote:
Originally Posted by webz View Post
Could be. The TMNT brand is worth a lot more today than it was when Playmates negotiated the original master license deal. That original deal included financing the 1980's cartoon and a bunch of other sweetheart deals that made Playmates millions during the 1980's and 90's. However, in 2025, the Playmates brand is almost extinct on toy shelves in the USA at least. They lost Star Trek. Power rangers went to Hasbro. Monsterverse went clearance almost immediately. I don't know about Winx coz that's not my thing, but I've never seen it on an endcap nor kids walking around with fairy dolls.
Monsterverse still lingers, depending on where you’re at. Playmates just got a license for Power Rangers from Hasbro to what seem to middling results (we’ll see what Toy Fair and the spring clear outs reveal). They got Miraculous Lady Bug, which seems to be a solid hit, but that and Winx are out my wheelhouse.

Regardless what Playmates still might have…the lose of TMNT is a company shattering level of of a hit. On a given year, TMNT seems to be anywhere from 1/3 to nearly 1/2 of the company’s revenue. They have NOTHING (that we know of) to fill that void in the near term. Barring a huge license grab announced in the next few months.

Quote:
Might not be a case of can't afford. Playmates might not have been given an option. Viacom might have told Playmates "your sweetheart deal is over. Period. Better make what you can via the existing deal coz you are out." I think Viacom put a tremendous amount of pressure on Playmates to allow Neca to make their figures which opened the floodgate to all the other TMNT merch now flooding the collectibles market.
Something I’ve learned since news broke about TMNT is that…apparently Playmates DID have a full Master License. That meant that all those other lines from other companies? Those deals went through PLAYMATES, NOT Paramount!

It would not surprise me one bit if part of this move is to maximize license revenue for Paramount. By cutting out Playmates, presumably this includes any “sweetheart” license costs and input on the property itself (which was apparently something included with the original license contract for the brand).

I don’t think this precludes Playmates from MAYBE making a play for the mass market kids brand (think the market split we saw with DC, where McFarlane got the collector segment and Spinmaster got the “kids stuff”), but it would probably be at a FAR higher premium than what they were paying. Outside the “big 2”, I’ve seen speculation/rumor of Jakks and Lanard being front runners. I think Lanard is a long shot (they’re not even in Playmates league of a toy company), but Jakks seems a solid bet. I wouldn’t rule out Spinmaster either, given the close relationship they have with Paramount with Paw Patrol.
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