Close X
Wednesday, January 22, 2025
ADVT 
National

Etch A Sketch, Doodle Sketch Toy Rights Bought By Toronto Company

The Canadian Press, 12 Feb, 2016 12:01 PM
    TORONTO — A Canadian company has purchased the rights to the classic children's toy Etch A Sketch and its offshoot, the Doodle Sketch.
     
    Toronto-based Spin Master Corp. (TSX:TOY) says it has purchased the patents, trademarks, tooling and inventory for both toys from The Ohio Art Company.
     
    Spin Master prides itself on infusing innovation into the legacy brands it acquires.
     
    In 2013, the company acquired Meccano, which sold toy construction kits. Spin Master revamped the toys with robotic technology. Now kids can build toy drones, ATVs and personal robots with Meccano toys.
     
    Etch A Sketch, created by a French inventor, has been produced or owned by Ohio Art since 1960, when it bought the rights for US$25,000.
     
    Sping Master says it plans to revamp both Etch A Sketch and Doodle Sketch.
     
    "These toys have been popular for more than 50 years and we look forward to building on this foundation of fun and creativity," chairman and co-CEO Anton Rabie said in a statement.
     
    Recently, the company purchased toy-makers Editrice Giochi SRL, an Italian company selling board games and roller blades among other toys, and Cardinal Games, which sells board games, puzzles and 3D puzzles.

    MORE National ARTICLES

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel
    The S&P/TSX composite index was down 301.69 points or 2.4 per cent at 12,233.71 in mid-afternoon trading Tuesday.

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles
    MONTREAL — A bail hearing is taking place in Montreal today for seven of the 14 men charged in an alleged juvenile pornography ring.

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba
    Teresa Robinson's remains were found in May by searchers on the Garden Hill First Nation in northern Manitoba. It was initially thought she had been attacked by a bear, but police soon ruled the death homicide.

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed
    It's been just over a year since the force accepted all 64 recommendations in a report by retired assistant commissioner Alphonse MacNeil.

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy
    MONTREAL — Canadian Pacific Railway is asking Norfolk Southern shareholders to push the U.S. railway's board to enter into merger negotiations.

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort
    A family of six had to be rescued from avalanche terrain Monday after they skied out of bounds at the Sun Peaks Resort north of Kamloops

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort