PEZ Candy, Inc. Announces New Partnership with Funko to Launch Pop! PEZ Collectibles
December 20 2017 - 5:26PM
PEZ Candy, Inc. today announced a licensing partnership with Funko,
Inc. (Nasdaq:FNKO), a leading pop culture consumer products
company, to create a new line of PEZ candy dispensers featuring
Funko’s Pop! Vinyl style. The line will be sold exclusively in the
US and Canada by Funko, who will license the PEZ name for the new
launch. Funko joins a carefully selected group of best in class
partners to join PEZ in expanding the iconic and beloved PEZ brand
to new product categories. PEZ and Funko were brought together by
PEZ’s Licensing Agency, Lisa Marks Associates (LMA).
Pop! PEZ will allow fans to take collecting to the next level by
bringing together two of the most well-known names in collectibles.
The new dispensers will reflect Funko’s whimsical art style and
PEZ’s flair for fun and candy in one package. Funko will design and
manufacture their classic Pop! heads and integrate them with the
classic PEZ candy dispenser which is recognizable all over the
world to fans of all ages. The new Pop! PEZ dispensers will be sold
in a collector window box suitable for display.
“We are excited to be joining forces with Funko to put a new
spin on our beloved PEZ dispensers for this partnership,” said PEZ
CEO Christian Jegen.“The line of PEZ dispensers with Funko Pop!
shaped heads will be an exciting addition to the collections of
both of our companies which will combine our long history as the
original collectible with Funko’s distinct designs. The licensing
properties chosen for the partnership will vary from our regular
PEZ assortments which should create a lot of excitement. We believe
this partnership will be an exciting addition to our sublicensing
portfolio.”
“We are thrilled to announce this significant collaboration
which infuses the timeless collectible confection, PEZ, with our
most popular collectible figures, Pop! Vinyl,” said Funko CEO Brian
Mariotti. “This collaboration will bring two of the world’s most
collected items together, in a unique and stylized package that
fans of both companies are going to love. As a PEZ collector
myself, I couldn’t be more excited to join Funko with PEZ.”
“This is a truly historic collaboration,” said Lisa Marks,
President, LMA, Inc.“PEZ and Funko creates a whole new platform
that will capture the imagination of collectors and fans of pop
culture everywhere!”
Funko, Inc. and PEZ Candy, Inc. estimate that the new Pop! PEZ
dispensers will arrive in mass retail during the first half of
2018. More news regarding which characters will arrive in Funko’s
Pop! PEZ collection will be revealed in the coming months.
About PEZ Candy Inc.:
Based in Orange, CT, PEZ has been inspiring and innovating since
1927. PEZ Candy, Inc. is the pioneer of “interactive candy” that is
both enjoyable to eat and fun to play with. PEZ was first marketed
as a compressed peppermint candy in 1927 in Vienna, Austria.
Today, the company sells and markets its products worldwide with
locations in Orange, Connecticut and Traun, Austria. Between them,
the two locations distribute approximately 70 million dispensers
and 5 billion candies per year. PEZ products are available in more
than 80 countries worldwide and are a hot collectible for adults
and children alike. PEZ dispensers have been a staple of American
pop culture for over 60 years. To learn more, visit
www.pez.com.
About Funko, Inc.
Headquartered in Everett, Washington, Funko is a leading pop
culture consumer products company. Funko designs, sources and
distributes licensed pop culture products across multiple
categories, including vinyl figures, action toys, plush, apparel,
housewares and accessories for consumers who seek tangible ways to
connect with their favorite pop culture brands and characters.
Learn more at https://funko.com/, and follow us on Twitter
(@OriginalFunko) and Instagram (@OriginalFunko).
About LMA, Inc.
LMA is a creative, full-service Licensing and Marketing Agency,
focusing on strategic brand building and long-term revenue
generation. LMA is unique in bringing clients innovative
licensing expertise from the world’s leading entertainment
companies to develop powerful, cohesive, turnkey licensing
programs. Based in New York, LMA consists of a coalition of experts
and industry leaders in the fields of Licensing and Merchandising,
Creative Development and Design, Product Development, Retail
Business Development and Multimedia Brand Extensions. For more
information, please visit www.LMA-Inc.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements, including statements regarding the
collaboration between PEZ and Funko, Inc., including without
limitation the timing of the arrival of Pop! PEZ dispensers in mass
retail. These statements are neither promises nor guarantees, but
involve known and unknown risks, uncertainties and other important
factors that may cause the actual results, performance or
achievements of PEZ and Funko, Inc. to be materially different from
any future results, performance or achievements expressed or
implied by the forward-looking statements, including, but not
limited to, the important factors discussed under the caption “Risk
Factors” in Funko, Inc.’s filings with the Securities and Exchange
Commission. Any such forward-looking statements represent the
companies’ estimates as of the date of this press release. While
PEZ or Funko, Inc. may elect to update such forward-looking
statements at some point in the future, the companies’ disclaim any
obligation to do so, even if subsequent events cause the companies’
views to change.
Investor Relations:
John Rouleau, ICRInvestorRelations@Funko.com203-682-8200
Media:
Julia Young, ICRFunkoPR@icrinc.com203-682-8200
Photos accompanying this release are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/ef298ebe-7fb0-4152-a921-4d98fa3b064ehttp://www.globenewswire.com/NewsRoom/AttachmentNg/098d805b-4bd5-4222-bb35-07e981c6a004
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