Since 2002, Spin Master has received 92 "Toy of The Year" (TOTY) nominations with 28 wins across a variety of product categories, including 13 TOTY nominations for "Innovative Toy of the Year", more than any other toy company. In 2022, Spin Master won The Golden Screen Award for Feature Film, presented by the Academy of Canadian Cinema & Television, for PAW Patrol: The Movie.[10] As of 2021, Chase the police pup and Marshall the firefighting pup, two characters from PAW Patrol, are the company's mascots.
History
Three university friends from the Ivey Business School at the University of Western Ontario - Ronnen Harary, Anton Rabie and Ben Varadi - founded Spin Master with $10,000 in Toronto in 1994.[11] The company's first product, Earth Buddies, were small heads made out of Kmartpantyhose and grass seeds, which grew "hair" when watered.[12] The Earth Buddy went on to sell over 26,000 units.
Spin Master's first major success came in 1998 with the launch of the Air Hogs brand and its first item, the Sky Shark. Developed from the prototype provided by inventors John Dixon and Peter Manning, the Sky Shark was a foam plane that used compressed air to enable outdoor flight. Product development took over two years and more than $500,000,[13] but ended up generating $103 million in revenue over the next few years. The Sky Shark put Spin Master on the map, becoming one of the most popular toys in the world and earning them a slot on daytime television Regis and Kathie Lee alongside other international press.[14]
The company, which had grown to 28 employees by 1999, told the LA Times they were already “assessing 1,000 inventions a year.” They’d moved their manufacturing supply chain to Hong Kong in 1998 and were ready to rise as a new name in the toy industry.
The company scored another success in 1999, with Flix Trix Finger Bikes, a string of 1/2 inch replicas of BMX bikes. In 2003, the company made its first corporate acquisition buying Bounce ‘Round, a company that created scaled down versions of the inflatable bouncy castles. Over the next handful of years, Spin Master opened offices in the United States, Japan and Western Europe.
In 2003, Spin Master began marketing and distributing Pilot's Aquadoodle drawing toy for children with disappearing hydrochromic ink, which later won the American Toy of the Year award.[15][16]
In 2008, Spin Master launched the Bakugan Battle Brawlers franchise, a card game developed in conjunction with Sega Toys, featured plastic balls which burst open to reveal anime-style characters. Bakugan reached almost $1 billion in yearly sales.[17]
Under Harary's leadership, Spin Master Entertainment launched with Bakugan Battle Brawlers the animated action adventure television series under the direction of Mitsuo Hashimoto. To date, Spin Master Entertainment has developed six television series with over 400 cumulative episodes.[18] In 2019, Abby Hatcher, an animated preschool series debuted on Nickelodeon on January 1, 2019, in the U.S.[19] The show centers on Abby and her new friends the Fuzzlies, who are amazing and quirky creatures that live in her family's hotel. Together with her best Fuzzly friend Bozzly, Abby goes on wild adventures to fix Fuzzly mishaps and help them in any way she can.[19] In 2020, Spin Master launched its first direct to Netflix series, Mighty Express. The show follows a team of trains and their kid best-buddies as they keep things moving and get the delivery through no matter what the trouble -one thrilling adventure after another.
In August 2013, Spin Master acquired the Erector Set by Meccano construction set line.[20] In June 2015, Spin Master entered into an agreement to acquire Cardinal Industries, a 60-year-old game and puzzles company. The purchase made Spin Master the second largest games company in the United States. A month after announcing it was buying Cardinal, Spin Master made its initial public offering on the Toronto Stock Exchange.[14]
In January 2016 Spin Master purchased the library of board games owned by Editrice Giochi SRL, one of the oldest privately held toy game companies in Italy. In February 2016, Spin Master bought the Etch A Sketch and Doodle Sketch brands from The Ohio Art Company for an undisclosed price. In April 2016, Spin Master purchased digital toy makers Toca Boca and Sago Mini from the Bonnier Group of Sweden. In August 2016 Spin Master diversified into the water and outdoor sports category through the acquisition of Swimways corporation.[14]
In 2017, Spin Master acquired Marbles, a firm known for creating games, gifts and gadgets and the maker of Otrio; Aerobie, a leading producer of outdoor flying disks and sports toys; and Perplexus, a 3D ball-in-a-maze Spin Master had been distributing since 2013.[14]
In March 2018, Spin Master acquired the 120 year old stuffed toy brand Gund.[21] In December of that year, Spin Master was announced as the new toy licensee of the DC Entertainment starting in spring 2020, having acquired the license from Mattel.[22] Spin Master is now a $1.5 billion (sales) company, which employs over 1,600 people in 16 countries.[23] At the end of 2019, Spin Master completed the acquisition of the award-winning Orbeez brand from Maya Toys, complementing its growing Activities segment.[24] Also in 2019 Spin Master started a ten-year toy licensing contract with Monster Jam ending a previous toy licensing deal between Monster Jam and Mattel who marketed it Monster Jam toys under the Hot Wheels line.[25]
In February 2020, Spin Master announced the theatrical release of the PAW Patrol movie, a Spin Master Entertainment production in association with Nickelodeon Movies and distributed by Paramount Pictures.[26] PAW Patrol: The Movie released in theatres on August 20, 2021, grossing $142 million worldwide.[27] Following the success of its first theatrical film for the franchise, Spin Master announced that production had begun on a sequel, PAW Patrol: The Mighty Movie slated to release on September 29, 2023.[28] On 27 October 2020, Spin Master said it will pay $50 million for Rubik's Cube, the iconic game invented nearly 50 years ago.[29] The acquisition was completed on 5 January 2021.[30] At the end of 2020, Spin Master announced executive leadership changes appointing Max Rangel as Global President effective January 2021, assuming the position of Global President and CEO in April 2021.[31] In February 2022, Spin Master announced it renewed its licensing agreement with Warner Bros. Consumer Products to continue manufacturing DC Universe toys through 2026.[32]
In 2021, Spin Master launched the Future of Play Scholarship committing to invest $100,000 in financial aid annually to the education and mentorship of underrepresented individuals.[33] On October 19, 2021, Spin Master established Spin Master Ventures, a $100 million venture fund to back up games, toys and entertainment startups with investments made in Nordlight, a game development company in Stockholm and Hoot Reading, an online tutoring service that provides reading lessons to children.[34] By the end of 2021, Spin Master had grown to a global children's entertainment company, employing over 2,000 people in 28 offices around the world.[35]
On October 11, 2023, Spin Master announced an agreement to acquire toy company Melissa & Doug from AEA Investors for $950 million in cash. The acquisition was expected to close in the first quarter of 2024.[36] The acquisition would be completed on January 2, 2024. [37]
Spin Master Games is the board game division of the company. Spin Master also owns Cardinal Industries, Marbles [40] and Editrice Giochi board and card game publishers. Spin Master Games publishes titles such as:
Boom Boom Balloon – Winner of 2014 "Game of the Year" from the Toy Industry Association [41] Push sticks from an outside frame into a balloon until it pops. The loser is determined by who pops the balloon.
Quick Cups – A fast-paced pattern game. A card is flipped over; the player's job is to match the colored pattern with 5 colored cups as quickly as possible.
Hedbanz – An interactive game where players try to guess the card on their head by asking yes–no questions. Variations include Act Up with charades-style play, Disney Hedbanz with licensed Disney characters included, and Hedbanz for Adults - a more difficult version of Hedbanz.
PAW Patrol Adventure Game – A preschool game based on licensed Paw Patrol characters.
Perplexus – A one-player 3D labyrinth inside a clear sphere.
Beat the Parents – A kids vs. parents trivia game in which teams answer questions about the opposite generation. Available in board game and card game versions.
Quelf – A completely random game where players pick cards and follow them to move ahead. The cards range from answering crazy questions to performing ridiculous stunts.
Battle of the Sexes – A male vs. female trivia game in which teams answer gender-defining questions about the opposite sex.
Heads Up! – A party game where players try to guess as many words on their heads as they can before a minute runs out. Other players assist by shouting clues to help the player score as many cards as possible.
Soggy Doggy - Winner of 2018 “Game of the Year” from the Toy Industry Association.[42] Players move around the board and take turns bathing the pup. The first player to make it around the board without getting wet wins.[43]
Upwords - A high-stacking word game where players place tile letters onto the game board to create new words.[44]
Bellz! - A strategy game where players must pick up their corresponding bell colors using a magnetic wand.
H5 Domino Creations - Designed in collaboration with domino artist Lily Hevesh. The set includes 100 dominoes.[45]
Santorini - A strategic family board game where players build, block and climb their way to the top of a building. There is also a spin-off game called Santorini: New York.[46]
Disney Sidekicks - A cooperative strategy game where players work together as Disney-themed sidekicks to defeat the Disney villains and save the heroes.[47]
Tell Me Without Telling Me - A party game for adults where teams must beat each other to be the fastest to guess the words on the cards.[48]
Dumb Ways to Die Card Game - A card game based on the 2012 viral video of the same name, where players take turns rolling the dice to determine how many actions they need to complete while playing and drawing cards. The last person to have one or more beans alive wins.[49]
Spin Master Entertainment
Alongside the company's toy and board game businesses, they are the company behind several successful kids' media franchises:
In 2012, Spin Master launched its first digital gaming app for Tech Deck.[53] Other successful apps connected to the company's entertainment and toy Intellectual properties followed and, in 2016, Spin Master expanded its offering in the digital space with the acquisition of global mobile and digital app brands Toca Boca and Sago Mini.[54] Spin Master Digital Games' most popular titles include:
Toca Life: World - The iPhone App of the Year in 2021;[55] a free virtual world app that combines the apps from the "Toca Life" series into one and allows children to "enjoy open-ended imaginative digital play."[56]
Sago Mini World - A subscription app containing over 35 games designed for users aged 2–6 years, including features based on building and creating with imagination and curiosity.[57]
Sago Mini School - A preschool-targeted app that attempts to help young children build maths, literacy, science and spacial skills through learning games.[58]
Related Research Articles
Mattel, Inc. is an American multinational toy manufacturing and entertainment company founded in Los Angeles by Harold Matson and the husband-and-wife duo of Ruth and Elliot Handler in January 1945 and headquartered in El Segundo, California. Mattel has a presence in 35 countries and territories; its products are sold in more than 150 countries. Mattel consists of three business segments: North America, International and American Girl.
The Codemasters Software Company Limited is a British video game developer based in Southam, England, which is a subsidiary of American corporation Electronic Arts and managed under its EA Sports division. Founded by brothers Richard and David Darling in October 1986, Codemasters is one of the oldest British game studios, and in 2005 was named the best independent video game developer by magazine Develop. It formerly also published third-party games.
Jakks Pacific, Inc. is an American company that designs and markets toys and consumer products, with a range of products that feature numerous children's toy licenses. The company is named after its founder, Jack Friedman, who had previously founded LJN and THQ and presided over the company until retiring as CEO and chairman after March 31, 2010, a month before his death on May 3, 2010.
MGA Entertainment Inc. is a manufacturer of children's toys and entertainment products founded in 1979. Its products include Bratz, Num Noms, Lalaloopsy, and Rainbow High, as well as toys targeted at boys such as Scan2Go. MGA also owns Little Tikes and animation studio MGA Studios.
Mega Brands Inc. is a Canadian children's toy company that is currently a wholly owned subsidiary of Mattel. Mega Bloks, a line of construction set toys, is its most popular product. Its other brands include Mega Construx, Mega Puzzles, and Board Dudes. The company distributes a wide range of construction toys, puzzles, and craft-based products.
Bakugan Battle Brawlers is a Japanese-Canadian anime television series produced by TMS Entertainment, Dentsu Inc., and Nelvana Limited under the direction of Mitsuo Hashimoto. The story centers on the lives of creatures called Bakugan and the "battle brawlers" who possess them. The Bakugan franchise itself is a joint venture between Sega Toys and Spin Master.
PlayMonster is a manufacturer and marketer of family entertainment products that specializes in games, children's puzzles, toys, activities, and teaching tools. As of February 2016, Patch changed its company name to PlayMonster.
Rovio Entertainment Oyj is a Finnish video game developer based in Espoo. Founded in 2003 by Helsinki University of Technology students Niklas Hed, Jarno Väkeväinen and Kim Dikert, the company is best known for the Angry Birds franchise. The company currently operates studios in Espoo, Stockholm, Copenhagen and Montreal.
Supercell Ltd is a Finnish mobile game development company based in Helsinki. Founded on 14 May 2010, the company's debut game was the browser game Gunshine.net, and after its release in 2011, Supercell started developing games for mobile devices. Since then, the company has fully released five mobile games: Hay Day, Clash of Clans, Boom Beach, Clash Royale, and Brawl Stars, which are freemium fast-paced games and have been very successful for the company, the first two generating revenue of €2 million a day in 2013.
Toca Boca is a Swedish children's mobile video game developer. The company is owned by Spin Master and is based in Stockholm, Sweden.
Scopely, Inc. is an American interactive entertainment company and mobile-first video game developer and publisher. The company is headquartered in Culver City, California, with offices across the US, EMEA and Asia.
PAW Patrol is a Canadian animated television series created by Keith Chapman and produced by Spin Master Entertainment, with animation provided by Guru Studio and Nickelodeon Animation Studio in the US. In Canada, the series is primarily broadcast on TVOntario as part of the TVOKids programing block. TVO first ran previews of the show in August 2013. The series premiered on Nickelodeon's Nick Jr. in the United States on August 12, 2013.
Moose Toys is an Australian-owned toy design, development and distribution company founded in 1985. Moose is headquartered in Australia, has over 600 staff and distributes to over 50 countries.
Toys-to-life is a video game feature using physical figurines or action figures to interact within the game. These toys use a near field communication (NFC), radio frequency identification (RFID), or image recognition data protocol to determine the individual figurine's proximity, and save a player's progress data to a storage medium located within that piece. It was one of the most lucrative branches of the video game industry especially during the late 1990s and 2010s, with the Skylanders franchise alone selling more than $3 billion worth over the course of four years.
Animal Jam Classic, formerly known as Animal Jam, is a massively multiplayer online game that is developed by WildWorks and recommended for kids up to the age of 12. It was launched in 2010, in collaboration with the National Geographic Society. As of late 2020, there were 3.3 million monthly active users and a lifetime total of 130 million registered players in 200 countries across both Animal Jam Classic and Animal Jam.
Ronnen Harary is a Canadian entrepreneur, television and film producer, philanthropist, and billionaire. He is a co-founder of Canadian children's entertainment company Spin Master and the co-creator of PAW Patrol, a preschool series that airs in 160 countries. Along with childhood friend Anton Rabie, he founded Spin Master shortly after graduating from the University of Western Ontario, and they were co-CEOs of the company from 1994 to 2021. Harary is now chair of Spin Master's board of directors. He continues to oversee the company's long-term strategic vision and remains involved in business development and merger and acquisition activity.
Bakugan: Battle Planet is an anime television series serving as a reboot of the 2007–2012 series Bakugan Battle Brawlers. The series is produced by Man of Action, Nelvana and Spin Master Entertainment and animated by TMS Entertainment. Battle Planet premiered in North America in December 2018, airing on Teletoon in Canada and Cartoon Network in the United States, and later debuted in Japan in April 2019.
Krafton Inc. is a South Korean video game publisher and holding company based in Bundang-gu, Seongnam. It was created in November 2018 to serve as the parent company for Bluehole, founded by Chang Byung-gyu in Seoul in March 2007, and its subsidiaries. The company has published several notable video game titles including TERA, PUBG: Battlegrounds, New State Mobile,The Callisto Protocol and Moonbreaker. According to Forbes, Chang has a net worth of $2.9 billion and is one of the seven gaming billionaires in South Korea.
PAW Patrol: The Movie is a 2021 Canadian animated action-adventure comedy film based on the television series PAW Patrol created by Keith Chapman. It is directed by Cal Brunker, who co-wrote the screenplay with Billy Frolick and Bob Barlen from a story by Frolick. Several cast members from the main series reprised their roles, including Kingsley Marshall, Keegan Hedley, Shayle Simons, Lilly Bartlam, and Ron Pardo. They are joined by Iain Armitage, Marsai Martin, Yara Shahidi, Kim Kardashian, Randall Park, Dax Shepard, Jimmy Kimmel, Tyler Perry, and introducing Will Brisbin in his film debut as Ryder. In the film, Ryder and the PAW Patrol pups are called to Adventure City in order to stop the recently-elected Mayor Humdinger from wreaking havoc.
Lego Fusion was a Lego theme that combined standard Lego bricks with a mobile app that was designed to interact and communicate with the build models according to the principle of augmented reality. The theme was first introduced on 1 August 2014 and exclusively in North America only. It was eventually discontinued by the end of July 2015.
↑ "Toca Boca moves into consumer products". Kidscreen. July 10, 2017. Retrieved February 12, 2018. Toca Boca's move also falls in line with subsidiary Sago Mini (which was also part of Spin Master's acquisition last April).
↑ RACHEL BECK (March 24, 1999). "Spin Master Toys Soars to Success With Air Hogs". The Los Angeles Times. Associated Press. It's been a wild ride for Spin Master, a young Toronto-based company that was founded by three entrepreneurial friends: the high-strung, creative 28-year-old Varadi, the more serious salesman Anton Rabie and long-term visionary Ronnen Harary, who are both 27. The company was founded in 1994.
This page is based on this Wikipedia article Text is available under the CC BY-SA 4.0 license; additional terms may apply. Images, videos and audio are available under their respective licenses.
