Mega Brands: Difference between revisions
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This theme is terrible and the LEGO company should have won the lawsuit, LEGO clearly had enough evidence that they had created this new revolutionary brick with studs and tubes, and also, this is does not "merely performs a technical function [and] cannot be registered as a trademark". This "brand" Mega Blocks should be banned and they should shut down. LEGO's have been around longer and are also much more efficient and not rounded curves and weird pieces that won't fit any where. |
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'''Mega Brands, Inc.''', formerly '''Mega Bloks, Inc.''', is a publicly traded Canadian children's toy company. Mega Bloks is the name of their most popular product, a line of [[construction set]] toys, with other brands including Mega Puzzles, Board Dudes and Rose Art. Mega Brands, Inc. distributes a range of toys, puzzles, and craft-based products.<ref>{{cite |url=http://www.findarticles.com/p/articles/mi_m0EIN/is_2005_July_25/ai_n14815819 |title=Mega Bloks Selects Aras Innovator Version 7 to Build on Product Development Quality and Cost Performance; Leading Construction Toy Company Chooses Aras for Development Cost & Quality |date=July 25, 2005 |work=Business Wire |quote=}}</ref> |
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==History== |
==History== |
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Revision as of 16:52, 21 May 2014
| Company type | Public company |
|---|---|
| TSX: MB | |
| Industry | Toys |
| Founded | 1967 as Ritvik Toys, Inc. 2002 as Mega Bloks, Inc. 2006 as Mega Brands, Inc. |
| Founders | Victor and Rita Bertrand |
| Headquarters | Montreal, Quebec, Canada |
Key people | Marc Bertrand, CEO Vic Bertrand, COO |
| Products | Toys |
Number of employees | 1000 |
| Website | www.megabrands.com |
This theme is terrible and the LEGO company should have won the lawsuit, LEGO clearly had enough evidence that they had created this new revolutionary brick with studs and tubes, and also, this is does not "merely performs a technical function [and] cannot be registered as a trademark". This "brand" Mega Blocks should be banned and they should shut down. LEGO's have been around longer and are also much more efficient and not rounded curves and weird pieces that won't fit any where.
History
In 1967, Victor Bertrand and his wife Rita founded the company as Ritvik Toys, Inc. (a portmanteau word based on a combination of Rita and Victor). Ritvik was amalgamated with Ritvik Holdings Inc. on June 30, 1998.[2] On March 19, 2002, the name was changed from Ritvik Holdings Inc. to Mega Bloks, Inc. Currently, the founders' sons Vic Bertrand Jr. and Marc Bertrand are CIO and CEO, respectively.
On June 15, 2006, following the acquisition of several brand names not associated with construction brick toys, the company again changed its name, this time from Mega Bloks, Inc. to Mega Brands, Inc.
Mega Bloks were featured in a commercial for the Honda Element, in which countless bricks fell from the sky to assemble the full-sized vehicle. The commercial clearly identifies the bricks as Mega Bloks in the opening moments of the sequence.[3]
Mega Brands currently has the rights for making Thomas the Tank Engine, Hello Kitty, the video game franchises Need for Speed, Halo and World of Warcraft, Barbie, Hot Wheels, Skylanders Giants, and licensed Call of Duty sets became available in late 2013.
On February 28, 2014, it was announced that toy industry giant Mattel, Inc. will acquire Mega Brands, Inc. for approximately US$460M million.[4]
LEGO lawsuits
The LEGO Group has filed lawsuits against Mega Bloks, Inc. in courts around the world on the grounds that Mega Bloks' use of the "studs and tubes" interlocking brick system is a violation of trademarks held by LEGO. Generally such lawsuits have been unsuccessful, chiefly because the functional design of the basic brick is considered a matter of patent rather than trademark law, and all relevant LEGO patents have expired. In one of the most recent decisions, on November 17, 2005, the Supreme Court of Canada upheld Mega Bloks' right to continue selling the product in Canada.[5] A similar decision was reached by the European Union's Court of First Instance on November 12, 2008 when it upheld an EU trademark agency decision following an objection by Mega Bloks against a trademark awarded to LEGO in 1999.[6]
On September 14, 2010, the European Court of Justice ruled that the 8-peg design of the original LEGO brick "merely performs a technical function [and] cannot be registered as a trademark".
References
- Footnotes
- ^ "Company Profile for Mega Brands Inc (CA;MB)". Retrieved 2008-10-14.
- ^ patent.gov.uk [dead link]
- ^ 27 Oct 2003 (2003-10-27). "Honda Element - Mega Bloks - Purpose (2003) - 0:30 (USA)". adland.tv. Retrieved 2014-03-05.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Horovitz, Bruce (February 28, 2014). "Mattel gets construction toy brand Mega Bloks". USA Today. Retrieved March 12, 2014.
- ^ Mega Bloks' Appeal to the Supreme Court of Canada via CanLII.org
- ^ "Lego loses trademark ruling in EU", nytimes.com, October 12, 2008
- General sources
- KIRKBI AG and LEGO CANADA INC. v. RITVIK HOLDINGS INC
- Mega Bloks Prospectus for 2002 share offering
- Press release. Link to the announcement of the agreement by which Mega Brands, Inc. began using software developed by Aras Corporation.
- Lego loses long EU trademark battle with Montreal's Mega Brands September 14, 2010 Montreal Gazette Business Blogs
External links
- Official
- Unofficial