![]() The Ty Logo | |
Industry | Soft toys |
---|---|
Founded | 1986 |
Founder | Ty Warner |
Headquarters | , |
Number of locations | Worldwide |
Products | Beanie Babies, Beanie Boos, Frizzys, Disney, My Little Pony, Hello Kitty, TMNT, SpongeBob SquarePants, MLB, NBA, NHL, NFL, Rush Zone, PAW Patrol, Despicable Me, Beanie Ballz, Beanie Bellies |
Owner | Ty Warner |
Parent | Ty Warner |
Website | ty |
Ty (styled ty) is an American multinational corporation headquartered in Oak Brook, Illinois, a suburb of Chicago. It was founded by Ty Warner in 1986. It designs, develops and sells products, most notably Beanie Babies, exclusively to specialty markets[ clarification needed ] worldwide.
Lina Trivedi was a college student when she worked at Ty Inc.[ when? ] She approached Warner to talk about a new development that existed on college campuses called the Internet. She indicated that, while the Internet was primarily a research tool, college students were starting to make personal websites. She thought that creating a website for Beanie Babies could present an unprecedented opportunity to engage the market. She brought to Ty's office a 14.4k modem and demonstrated how the Internet works. Warner was intrigued and gave Trivedi a free license to create a website using her judgment and skills. [1] By the time the first iteration of the Ty website [2] was published in late 1995, only 1.4% of Americans were using the Internet. [3] The population of people using the Internet grew exponentially in the following years, along with the popularity of Beanie Babies.
Ty was the first business to produce a direct-to-consumer website. This was a major contributing factor to the early and rapidly growing popularity of Beanie Babies. All Beanie Baby hangtags had the website URL and a call to action printed underneath the poems and birthdays that commanded audiences to visit the company website with text that read "Visit our web page!!!" This effort evolved into the world's first Internet sensation. [4]
Ty has been involved in a large amount of fundraising, with the proceeds donated to various causes. Some of this has been raised from the sale of certain Beanie Babies. It has also been raised through other means, such as voting for a fee. [5]
One such fundraising Beanie Baby was Ariel, made to raise funds for the Elizabeth Glaser Pediatric AIDS Foundation. Its sales raised a total of $3.4 million for the foundation. [6] Others include Aware and Awareness, sold to raise funds for breast cancer research and awareness; and Barbaro, created in memory of Barbaro the Horse, to raise funds for the University of Pennsylvania School of Veterinary Medicine, which tried to save the horse.[ citation needed ]
Ty has also raised money for the 2004 PGA Tour with a beanie called ChariTee; one, signed by Jack Nicklaus was auctioned for $455. [7]
Ty was the shirt sponsor of Portsmouth FC from 2002 to 2005, in which the club was promoted to the Premier League.[ citation needed ]
A beanie baby named "Cito" was given out to school children in Montecito, California to welcome them back to school after the area was affected by the 2018 Southern California mudflows. [8]
During the wake of Beanie Babies' success, Beanie Baby-centric publications were issued. One of the largest was Mary Beth's Bean Bag World , a monthly magazine dedicated to Beanie Babies and competing plush toys. It ran from 1997 to 2001. [9]
In August 2021, Beanie Babies was the season 1, episode 4 feature on Vice Media's Dark Side of the 90's entitled "Beanie Babies Go Bust". [10]
A documentary film about Beanie Babies, titled Beanie Mania, was released on December 23, 2021, on HBO Max. [11]
The story of Ty has also been covered by two films, both named The Beanie Bubble, one a 2022 documentary directed by Ben Kitnick and a 2023 comedy-drama directed by Kristin Gore and Damian Kulash and written by Gore, based on the 2015 book The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute by Zac Bissonnette about the Beanie Babies bubble. It stars Zach Galifianakis, Elizabeth Banks, Sarah Snook and Geraldine Viswanathan.
The dot-com bubble was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com startups.
A blog is an informational website consisting of discrete, often informal diary-style text entries (posts). Posts are typically displayed in reverse chronological order so that the most recent post appears first, at the top of the web page. Until 2009, blogs were often the work of a single individual, occasionally of a small group, and often covered a single subject or topic. In the 2010s, "multi-author blogs" (MABs) emerged, featuring the writing of multiple authors and sometimes professionally edited. MABs from newspapers, other media outlets, universities, think tanks, advocacy groups, and similar institutions account for an increasing quantity of blog traffic. The rise of Twitter and other "microblogging" systems helps integrate MABs and single-author blogs into the news media. Blog can also be used as a verb, meaning to maintain or add content to a blog.
Beanie Babies are a line of stuffed toys created by American businessman H. Ty Warner, who founded Ty Inc. in 1986. The toys are stuffed with plastic pellets ("beans") rather than conventional soft stuffing. They come in many different forms, mostly animals.
A stuffed toy is a toy doll with an outer fabric sewn from a textile and stuffed with flexible material. They are known by many names, such as plush toys, plushies, stuffed animals, and stuffies; in Britain and Australia, they may also be called soft toys or cuddly toys. The stuffed toy originated from the Steiff company of Germany in the late 19th century and gained popularity following the creation of the teddy bear in the United States in 1903. At the same time, German toy inventor Richard Steiff designed a similar bear. In 1903, Peter Rabbit was the first fictional character to be made into a patented stuffed toy. In 1921, Christopher Robin's stuffed toy, given to him by his father, A. A. Milne, would inspire the creation of Winnie-the-Pooh. In the 1970s, London-based Hamleys, the world's oldest toy store, bought the rights to Paddington Bear stuffed toys. In the 1990s, Ty Warner created Beanie Babies, a series of animals stuffed with plastic pellets that were popular as collector's items.
Beany and Cecil is an American animated television series created by Bob Clampett for the American Broadcasting Company. The cartoon was based on the television puppet show Time for Beany, which Clampett produced for Paramount Pictures company and its Paramount Television Network beginning 1949. The series was broadcast first as part of the series Matty's Funnies during 1962, later renamed Beany and Cecil. A short-lived revival, The New Adventures of Beany and Cecil, was produced in 1988.
H. Ty Warner is an American billionaire toy manufacturer, businessman, and convicted felon. He is the CEO, sole owner and co-founder of Ty Inc. which manufactures and distributes stuffed toys, including Beanie Babies and other lines. He is also the owner of Four Seasons Hotel New York, which he bought with profits earned selling Beanie Babies during a fad in the late 1990s. In 2020, he was No. 359 on the Forbes 400 list of the richest people in America, with a net worth of US$2.3 billion.
The Elizabeth Glaser Pediatric AIDS Foundation (EGPAF) is a nonprofit organization dedicated to preventing pediatric HIV infection and eliminating pediatric AIDS through research, advocacy, and prevention and treatment programs. Founded in 1988, the organization works in 12 countries around the world.
The Northwestern University Dance Marathon, commonly known as NUDM, is a philanthropic dance marathon held every March at Northwestern University in Evanston, Illinois. Founded in 1975, NUDM is one of the nation's most established and largest entirely student-run philanthropies. NUDM is one of the only annual Dance Marathons in the country to continually change its primary beneficiary. NUDM has raised over $1 million for its beneficiaries each year since 2011, and involves over 1,000 students participating as dancers and committee members. Since 1997, the Evanston Community Foundation has been NUDM's secondary beneficiary.
Lina Basquette was an American actress. She is noted for her 75-year career in entertainment, which began during the silent film era. Talented as a dancer, she was paid as a girl for performing and gained her first film contract at age nine. In her acting career, Basquette may have been best known for her role as Judith in The Godless Girl (1929) The film was based on the life of Queen Silver, known as a 20th-century child prodigy, and feminist and socialist activist.
Carrie Bickmore is an Australian talk show and current affairs Gold Logie award-winning television and radio presenter. She currently co-hosts a national drive radio show on the Hit Network, Carrie & Tommy, from 3–6pm weeknights alongside Tommy Little. She was previously a co-host on Network 10's The Project from 2009–2022.
The retirement of a Beanie Baby or a product from any line of Ty Inc., the manufacturer of Beanie Babies and other lines of collectibles, is its withdrawal from production. This has occurred in varying amounts of time following its introduction, depending on Ty's goals for that particular item. Some Beanie Babies have remained in production for several years following their introduction. Others have been retired just days after being introduced. Occasionally, beanies that have been introduced for a single purpose have been retired on the day they have been distributed. More rarely, some beanies have had their production canceled prior to their shipment to retailers, but following their announcement to the public, thereby never becoming available.
The Teenie Beanies are miniature Beanie Babies that were offered as McDonald's promotions in Happy Meals from 1997-2000.
Holidays were a common theme of Ty Beanie Babies. For some holidays, a special Beanie Baby has been produced every year.
Morgellons is the informal name of a self-diagnosed, scientifically unsubstantiated skin condition in which individuals have sores that they believe contain fibrous material. Morgellons is not well understood, but the general medical consensus is that it is a form of delusional parasitosis, on the psychiatric spectrum. The sores are typically the result of compulsive scratching, and the fibers, when analysed, are consistently found to have originated from cotton and other textiles.
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Neighbors 2: Sorority Rising is a 2016 American comedy film directed by Nicholas Stoller and written by Stoller, Andrew J. Cohen, Brendan O'Brien, Seth Rogen and Evan Goldberg. A sequel to Neighbors (2014), the plot follows the Radners having to outwit a new sorority led by Shelby, living next door to sell their house currently in escrow. Zac Efron, Dave Franco, Christopher Mintz-Plasse, Jerrod Carmichael, Ike Barinholtz, Carla Gallo, Hannibal Buress, and Lisa Kudrow reprise their roles from the first film; it was Rogen's first live-action sequel. The film premiered on April 26, 2016, in Berlin and was released on May 20, 2016, in the United States, receiving mostly positive reviews and grossed $108 million worldwide.
Mary Lou Song is a Korean-American entrepreneur and was eBay's third employee. She joined the company, formerly AuctionWeb, in 1996 after being recruited by its founder Pierre Omidyar and Jeffrey Skoll.
Words on Bathroom Walls is a 2020 American coming-of-age romantic drama film directed by Thor Freudenthal and written by Nick Naveda, based on the novel of the same name by Julia Walton. The film stars Charlie Plummer, Andy García, Taylor Russell, AnnaSophia Robb, Beth Grant, Molly Parker and Walton Goggins.
Lina Trivedi is an American entrepreneur, author, educator and civil servant.
The Beanie Bubble is a 2023 American comedy-drama film directed by Kristin Gore and Damian Kulash Jr. from a screenplay by Gore, based on the 2015 book The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute by Zac Bissonnette about the Beanie Babies bubble. The film stars Zach Galifianakis, Elizabeth Banks, Sarah Snook, and Geraldine Viswanathan.