![]() Financial Daily from THE HINDU group of publications Thursday, Aug 25, 2005 |
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Marketing
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New Products & Services Beyblade toys launched Our Bureau
New Delhi , Aug 24 CARTOON Network Enterprises, the consumer products division of the kids' channel, Cartoon Network, has announced the launch of `Beyblade' toys in India, thus marking its foray into third-party licensing. Following the recent May launch of Cartoon Network consumer products, managing third party licensing is the second strategic business announcement of the year by Cartoon Network Enterprises in India. "Cartoon Network has always been at the forefront of bringing novel concepts to Indian kids, and Beyblade toys will be yet another effort to drive the popularity of our characters outside the realm of television," said Mr Jiggy George, Director - Cartoon Network Enterprises, India and South Asia. Having its origins in ancient Japanese spinning top Bei Goma, the Beyblade is a sports entertainment brand targeted at young boys. Beyblading combines a heady mix of adrenalin and strategy, to give the player an exciting, fun-filled experience coupled with an element of learning. Priced in the range of Rs 149-Rs 349, Beyblade toys are available in different assortments.
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