Giochi Preziosi Explained

Giochi Preziosi S.p.A.
Type:privately-owned S.p.A.
Foundation:1978
Founder:Enrico Preziosi
Industry:Toys, Entertainment
Revenue: €403 million
Revenue Year:2018
Operating Income: €90 million
Income Year:2018
Homepage:http://www.gruppopreziosi.it
Footnotes:in consolidated financial statement[1]

Giochi Preziosi S.p.A. also known as Gruppo Giochi Preziosi (Giochi Preziosi Group) is an Italian company that produces toys and TV series based on their toys. They work in association with Marathon Media and Mondo TV.

Giochi Preziosi is the principal owner of the Gormiti and Dinofroz franchises and license toys for other companies such as Marvel Comics, Power Rangers, Ben 10[2] and Winx Club toys. In 2006, they started to produce TV series based on their toys. The first series was Gormiti: The Lords of Nature Returns!. They have also produced video games based on the Gormiti TV series for the Nintendo Wii and Nintendo DS.

History

Giochi Preziosi sold 50% stake of a joint venture Prenatal Retail Group to its partner Artsana in 2017.[3] In the same year, Enrico Preziosi, chairman of Giochi Preziosi, bought back the minority ownership of the company from a Chinese company Ocean Gold Global.[4] In 2011, Flair one of UK's top ten toy companies, was acquired becoming part of the group.Ocean Gold Global invested in Giochi Preziosi in 2014.[5]

Toys produced

Television series

Subsidiaries

Notes and References

  1. Web site: Bilancio Consolidato 2016 . 2017 . 22 August 2017 . Giochi Preziosi . Italian.
  2. Web site: Ben 10 goes free-to-air in the UK . Aug 29, 2020.
  3. News: Giochi Preziosi sells stake in retail business to joint venture partner Artsana . 24 July 2017 . 21 August 2017 . Toy News.
  4. News: Giochi Preziosi liquida il socio cinese con 63 milioni . 18 August 2017 . 21 August 2017 . . Italian.
  5. News: Ocean Gold Global su Preziosi . 18 August 2017 . 5 September 2014 . Milano Finanza . Italian.