>>8220887That wasn't a corporate take over, because that's literally just selling the entire company in pieces to pay back their debt.
Just so you know TRU owned KB's name for years and years without really doing a thing with it.
Still, all those stores were going through hard financial times and couldn't really order from any of those toy companies like they used to. Hence so many toy companies going out of business or restructuring during that time.
>>8221346> both companies essentially killed themselves by trying to offer too much on razor thin marginsBut that's wrong. Toy Biz more than sustained themselves, hence buying Marvel back in the 90s. The fact that the toy side of the business was sold off is because Marvel (Toy Biz changed their name to Marvel whatever and all the big execs at the company were from Toy Biz) wanted to produce their own movies.
They needed more money fast and licensing out the toy rights was an easy hundred million dollars plus royalties per every single toy sold every single year. They even eventual sold their own company to Disney, where Toy Biz's highest exec is now Disney's biggest stock holder, not because they were struggling, but because they needed more money to have control over their own movies.
SOTA going under is pretty much just from the collapse of their retail market.
It's surprising that Toy Biz actually gave so much bang for your buck, especially considering they were publically trade company, where it's almost universally about cheaping out like Mattel does. Only company that i can think of that gives as much value for their toys like Toy Biz did is McFarlane, but they're privately owned.
