DIC Entertainment named Global Licensing Agent to Charisma Brands’ All- American Penny Brite…

DIC Entertainment (DIC), a leading global brand management company, has been appointed global licensing agent for the re-launch of the classic girls’ brand, Penny Brite, by Charisma Brands, LLC, the award-winning designer and manufacturer of collectible dolls, fashion jewelry, and other artistic products. The announcement was made today at Licensing Show 2008 by Kirk Bloomgarden, Executive Vice President, Global Sales, DIC, and Anthony P. Shutts, President and CEO of Charisma Brands,LLC.

DIC will create two merchandising programs for the re-launch of the Penny Brite brand, including a classic retro line targeting girls and collectors, featuring apparel, publishing, music, gifts, novelties and more. DIC will create a home entertainment program that will be supported by a major licensing initiative across major categories, including toys, apparel, interactive, health and beauty, back-to-school and more. DIC will seek partners at Licensing Show and anticipates launching the Penny Brite classic retro line in 2009 with a subsequent home entertainment and merchandising launch in 2010..

Penny Brite has a chic, retro fashion feel that blends seamlessly with a wholesome lifestyle, appealing to girls of all ages and collectors,” states Bloomgarden. “The new Penny Brite is strongly positioned once again to develop a new fan base among young girls around the world and to become the next hit evergreen brand.”

“We are thrilled to partner with DIC to drive the re-introduction of this beloved brand worldwide,” comments Shutts. “DIC has a stellar track record with creating successful programs with longevity for girls, such as Strawberry Shortcake, and Charisma’s Penny Brite is poised to become the next sensation and an evergreen property.”

Originally produced in the 1960s by Deluxe Reading/Topper Toy Company, Penny Brite was the solution for mothers who wanted to introduce fashion dolls to their daughters that had a more wholesome appeal. Baby boomers and collectors remember the classic tag line: She's your delight...She's Penny Brite!

Media Contacts
Charisma Brands
Jackie Parfitt
949-788-8822
jparfitt@charismabrands.com