JAKKS Pacific and NantWorks Announce Continuation of DreamPlay Toys Joint Venture
SANTA MONICA, Calif. & LOS ANGELES–(BUSINESS WIRE)–JAKKS Pacific, Inc., (NASDAQ: JAKK) and NantWorks LLC announced the
renewal for an additional three years through September 2018 of their
DreamPlay Toys LLC joint venture that develops, markets and sells toys
and consumer products incorporating NantWorks’ proprietary iD image
recognition technology.
About JAKKS Pacific, Inc.
JAKKS Pacific, Inc., is a leading designer and marketer of toys and
consumer products with a wide range of products that feature popular
brands and children’s toy licenses. JAKKS’ diverse portfolio includes
Action Figures, Electronics, Dolls, Dress-Up, Role Play, Halloween
Costumes, Kids Furniture, Vehicles, Plush, Art Activity Kits, Seasonal
Products, Infant/Pre-School, Construction Toys, Ride-On Vehicles,
Wagons, Inflatable Environments and Tents, Impulse Toys and Pet Products
sold under various proprietary brands including JAKKS Pacific®, Road
Champs®, Funnoodle®, JAKKS Pets™, Plug It In & Play TV Games™, Kids
Only!®, Tollytots®, Disguise®, Moose Mountain® and Maui®. JAKKS is an
award-winning licensee of several hundred nationally and internationally
known trademarks including Nickelodeon®, Warner Bros.®, DC Comics and
Saban’s Power Rangers®. DreamPlay Toys, LLC is a joint venture between
JAKKS Pacific, Inc. and NantWorks LLC to develop, market and sell toys
and related consumer products incorporating NantWorks’ proprietary iD
recognition technology. www.jakks.com
Contacts
for JAKKS Pacific, Inc.
Sara Rosales Montalvo, 424-268-9363
or
Joel
Bennett, 310-455-6210
