Toy market news

Penske Media Corporation accelerates consumer products programme with Brainbase

Brainbase, the venture-backed company helping licensing teams optimise their partnerships from contract to revenue, and Penske Media Corporation (PMC), a pioneer in the digital media space and owner of iconic brands including Billboard, Robb Report, Rolling Stone, SXSW, The Hollywood Reporter, Variety and WWD, among many others, have announced that PMC will begin using Brainbase’s brand licensing platform to streamline and manage their global licensing business.

Brainbase aims to bring together every feature required to run a global licensing business at scale to help licensing teams make smarter, faster decisions. With the help of Brainbase, IP owners are able to unify their global operations into a single software platform – from deals, product approvals, royalty reporting, digital asset management, and dashboard analytics.

PMC joins a Brainbase customer roster with leading global brands including BBC Studios, BuzzFeed, Chefclub, Crayola, Moose Toys, SYBO Games and the Van Gogh Museum, among others.