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 Post subject: End of Master Replicas?
PostPosted: Wed Jun 13, 2007 3:12 am 
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Joined: Fri Jan 26, 2007 3:07 pm
Posts: 404
Location: Michigan
found on rebelscum.com...have any of you guys heard this?

http://www.rebelscum.com/story/front/co ... 105864.asp

Corgi and Master Replicas To Cease Producing Star Wars Products

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.



Here is the Corgi/MR Press Release :

Corgi International Limited Provides Notice Withdrawing Offer to Secure a New Licensing Agreement with Lucasfilm Ltd.

HONG KONG--Corgi International Limited (Nasdaq GM:CRGI) today announced that it has notified Lucasfilm Ltd. that the company has withdrawn its offer to secure a new license agreement for Star Wars products starting January 1, 2008. The company's existing license with Lucasfilm Ltd. for Star Wars products expires on December 31, 2007. Lucasfilm Ltd. had previously notified the company that it was not willing to provide a new license on the terms proposed by the company. Corgi believes that it is not in the best interest of its shareholders to accept a new license on the terms proposed by Lucasfilm Ltd.

While Corgi does not expect to secure a new license for Star Wars products from Lucasfilm Ltd. starting January 1, 2008, the company continues to expect to generate approximately 20% of total net sales for the fiscal year ending March 31, 2008 from sales of products from the licensed properties of Lucasfilm Ltd. As such, the company is maintaining the guidance issued on February 20, 2007 regarding the fiscal year ending March 31, 2008.

CEO Michael Cookson commented, "We have enjoyed our six year relationship with Lucasfilm Ltd. and the work that we have done with Lucasfilm Ltd. to help grow and expand the Star Wars franchise. Jointly, we have developed some of the highest quality and coolest products for the core Star Wars fans. At the same time, Corgi is committed to building a healthy, profitable company. Unfortunately, the company and Lucasfilm Ltd. were unable to agree on terms for securing a new license starting in January 1, 2008. We look forward to continuing to develop growth opportunities at Corgi, thanks to our product development expertise, our strong distribution and our portfolio of license and non license business.”


prices for MR stuff will no doubt go thru the roof, I would imagine...


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 Post subject:
PostPosted: Wed Jun 13, 2007 3:18 am 
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Joined: Thu Dec 14, 2006 3:52 pm
Posts: 379
knew about it since may 15th. :wink:


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 Post subject:
PostPosted: Wed Jun 13, 2007 10:43 am 
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Joined: Thu Aug 31, 2006 8:58 am
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Location: Denmark
Think we have another post about that somewhere around here... oh... it's so messy and I forget stuff... but thanks for posting this! :thumbsup


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 Post subject:
PostPosted: Wed Jun 13, 2007 11:42 am 
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Joined: Fri Jan 26, 2007 3:07 pm
Posts: 404
Location: Michigan
lol i kinda figured it was old news but I wasn't sure :ac6


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 Post subject:
PostPosted: Wed Jun 13, 2007 12:07 pm 
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Joined: Fri Sep 15, 2006 7:57 am
Posts: 941
Location: Germany
Well, since I never was a big fan of their stuff I won't shed a tear, but I hope
whoever will pick up these licenses will pay A LOT more attention to screen
accuracy and what the "moronic anal retentive super geeks" like me want ...

... :dope :dope :dope


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 Post subject:
PostPosted: Wed Jun 13, 2007 5:37 pm 
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Joined: Tue Oct 17, 2006 10:38 pm
Posts: 816
Location: Essex UK
Amen to that JRX :toothy


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 Post subject:
PostPosted: Wed Jun 13, 2007 6:02 pm 
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Joined: Tue Jun 12, 2007 9:28 pm
Posts: 295
I'm sure they will stick around for maybe a year, off of there other prop lines...


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