Entertainment X Tracks Forums.
Why Now?
Two years of pandemic reinforced the power of brands and brand extensions and saw double digit growth in many licensed categories in particular: entertainment franchises, food and beverage, toys, gaming, and brand collabs as consumers sought comfort in the familiar.
According to the latest industry research, Consumer Products licensing now represents $340 billion of retail sales. with fully 64% of that in the U.S. marketplace.
The business of licensing is relationship driven, as licensing IP is based on trust. There is pent up demand for Face-to-Face Events that include higher level education on fast moving trends and networking . The business is moving rapidly and a once a year gathering is simply not enough. Taking lessons from the major Hollywood Studios, X Tracks Licensing Forums will provide the licensing business with more frequent events to assist in the buying process.
“ The U.S. market for licensed merchandise represents $216 billion in retail sales of licensed merchandise. Toy, Videogame, Web 3 and Digital Entertainment IP represents the fastest growth areas in entertainment licensing. The new dates of New York Toy Fair Sept 30-Oct 2, provide Entertainment X Tracks the ability to add value to licensees and retailers at this critical time of year. ”