>>7865800Master license just means a company can make more than one type of product based on the license.
Hence companies like Hasbro having the Star Wars master license, yet Mattel, Bandai, Kaiyodo, Hot Toys, Jazwares, etc all making Star Wars toys too.
Same shit with Mattel and them having the DC master license, while NECA, Mezco, DCC/DCD, Bandai, Jada, etc etc all were making DC figures too.