Toy Fair of the Future Part 2: Where
We have heard lots of talk about where to hold Toy Fair. In fact, that question has been one of the most contentious issues to face the industry in years.
New York used to be seen as only place to hold Toy Fair for the same reason that major league sports used to primarily exist in the northeast. That was where the people were, that was where the companies were, that was where the media was and that was where the money was.
The US changed and people, money and business moved west. That’s why, back in the 1950’s the Dodgers and Giants moved to California. Toy Fair, however, stayed put.
Because the toy retailing and manufacturing headquarters are now spread out all over the world and because the toy industry has become so dependent upon the southern California based entertainment industry I am predicting that Toy Fair will move to Los Angeles. It will not move exclusively to LA but will rotate annually with NY. That way the industry will get the benefit from both media markets.
The industry as a whole will see this as a benefit. Being in LA will not only open the show to the retailers who cannot now afford to attend but will reduce costs for those who work out of the west coast. By being in Los Angeles, the industry will get access to the mighty entertainment press and the fun loving denizens of California who make shows like the San Diego ComicCon must attend events. The movie studios and the industries and disciplines that support them will help make the show a must attend event for anyone who cares about licensing and children’s products.
Which leads me to my next posting, in which I am going to predict a major shift in who exhibits and attends Toy Fair.
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