Jakks Pacific: Rises on CoComelon rights deal

JAKKS Pacific

18/05/2021 15:47

** Shares of toymaker  JAKK.O  rise 3.2% to $9.10
    ** JAKK says it will make seasonal toys based on Moonbug
Entertainment's CoComelon, while its Disguise division will make
costumes and accessories for characters from the children's show
 urn:newsml:reuters.com:*:nBw497PdJa
    ** The new lines will be available at U.S. and Canadian
retailers in 2022 - JAKK
    ** CoComelon is the most-viewed YouTube channel in the U.S.
and has about 111 million followers globally
    ** JAKK shares up ~83% this year

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com))