Public | |
Traded as | NASDAQ: JAKK |
Industry | Consumer products |
Founded | January 1995 |
Headquarters | Malibu, California, U.S. |
Key people
|
Stephen Berman (Co-Founder, President and Chief Executive Officer) Joel Bennett (Chief Financial Officer and Executive Vice President) |
Revenue | $804.3 million USD (2010) |
Website | www.jakks.com |
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 also presided over the company until his death in May 2010.
Jakks' produces action figures, electronics, dolls, dress-up, role play, Halloween costumes, kids furniture, vehicles, plush, art activity kits, seasonal products, infant/preschool, construction toys, and pet toys sold under various proprietary brands including Jakks Pacific, Creative Designs International, Road Champions, Funnoodle, Go Fly a Kite, Jakks Pets, EyeClops, Plug It In & Play TV Games, Girl Gourmet, Kids Only!, Tollytots and Disguise. Jakks is a licensee of several hundred trademarks including Disney, Star Wars and Nintendo.
Jakks Pacific, Inc. was founded in 1995. Jakks acquired several companies including Remco, Child Guidance, and Road Champions in 1997, Berk and Flying Colors in 1999, Pentech in 2000, Toymax, Go Fly A Kite and Funnoodle in 2002, Color Workshop and Trendmasters in 2003, Play Along Toys in 2004, Pet Pal Corp. in 2005, Creative Designs International in 2006, and Kids Only Toys, Tollytots, and Disguise in 2008.
In 2010, the company formed Pacific Animation Partners LLC, a joint venture between it and Dentsu Entertainment USA, Freemantle Media and Topps, to launch the Monsuno property in 2012.
In 2012, Jakks Pacific announced the successful negotiation of licences for The Dark Knight Rises and The Amazing Spider-Man, promoting new toy ranges at the New York and other International Toy Fairs.
In 2014, the company launched Jakks Meisheng Trading, a joint venture with Meisheng Culture and Creative Corp., to bring its toys to China. In 2016, the two created Studio JP, a joint venture to produce animation.