The Consumer Products segment engages with licensees, publishers and retailers throughout the world to design,
develop, publish, promote and sell a wide variety of products based on the Company’s intellectual property through its
Merchandise Licensing, Publishing and Retail businesses. In addition to using the Company’s film and television properties,
Consumer Products also develops its own intellectual property, which can be used across the Company’s businesses.
The Consumer Products segment generates revenue from:
• licensing characters from our film, television and other properties to third parties for use on consumer merchandise
• wholesale revenue from publishing children’s books and magazines and comic books
• sales of merchandise at our retail stores and wholesale business
• fees charged at our English language learning centers; and
• sales of merchandise at internet shopping sites
Significant costs include costs of goods sold and distribution expenses, operating labor and retail occupancy costs