Post by Les on May 16, 2007 5:36:18 GMT -6
Here is the Lucasfilm Press Release :
SAN FRANCISCO, Calif. (May 15, 2007) – Lucasfilm Ltd. said today that the license granted to one of its collectibles licensees, Corgi International Ltd., would expire at the end of 2007 and would not continue because the parties were unable to agree on terms for a renewal of the license. Corgi has made replicas of iconic Star Wars lightsabers, weapons, helmets, and other props under the brand name of Master Replicas.
“We deeply regret that we and Corgi could not come to terms on a new agreement,” said Howard Roffman, President of Lucas Licensing. “We had very much hoped to continue working with them. We know our fans and collectors really love this category and we are working as quickly as possible to bring in new licensees to replace both Master Replicas and Cards Inc.”
Late last year, through a merger and acquisition, Master Replicas and Cards Inc., a U.K. distributor and manufacturer of collectibles and also a Lucasfilm Star Wars licensee, became a part of Corgi International Ltd.
Lucasfilm Ltd. is one of the world’s leading film and entertainment companies. Founded by George Lucas in 1971, it is a privately held, fully integrated entertainment company. In addition to its motion-picture and television production operations, the company’s global businesses include Industrial Light & Magic and Skywalker Sound; Lucasfilm Animation; LucasArts Entertainment; Lucas Licensing and Lucas Online. Lucasfilm’s feature films have won 19 Oscars and its television projects have won 12 Emmy Awards.
This can't be good news for Indiana Jones prop replicas.
SAN FRANCISCO, Calif. (May 15, 2007) – Lucasfilm Ltd. said today that the license granted to one of its collectibles licensees, Corgi International Ltd., would expire at the end of 2007 and would not continue because the parties were unable to agree on terms for a renewal of the license. Corgi has made replicas of iconic Star Wars lightsabers, weapons, helmets, and other props under the brand name of Master Replicas.
“We deeply regret that we and Corgi could not come to terms on a new agreement,” said Howard Roffman, President of Lucas Licensing. “We had very much hoped to continue working with them. We know our fans and collectors really love this category and we are working as quickly as possible to bring in new licensees to replace both Master Replicas and Cards Inc.”
Late last year, through a merger and acquisition, Master Replicas and Cards Inc., a U.K. distributor and manufacturer of collectibles and also a Lucasfilm Star Wars licensee, became a part of Corgi International Ltd.
Lucasfilm Ltd. is one of the world’s leading film and entertainment companies. Founded by George Lucas in 1971, it is a privately held, fully integrated entertainment company. In addition to its motion-picture and television production operations, the company’s global businesses include Industrial Light & Magic and Skywalker Sound; Lucasfilm Animation; LucasArts Entertainment; Lucas Licensing and Lucas Online. Lucasfilm’s feature films have won 19 Oscars and its television projects have won 12 Emmy Awards.
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This can't be good news for Indiana Jones prop replicas.