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Thursday, December 7, 2023

Movie Figures... Do They Really Sell?

The Economics of Movie Action Figures!

    The world of movie action figures has long been a captivating aspect of popular culture, attracting both fans and collectors alike. However, the question remains: do movie action figures truly sell, and do they make economic sense for manufacturers? In this article, we'll delve into the dynamics of the action figure market, exploring whether these miniature replicas are genuine money-makers and if they indeed become coveted collector's items.

    The production of movie action figures involves substantial costs, from licensing fees and manufacturing to marketing and distribution. To determine their economic viability, one must consider the size and enthusiasm of the target audience. High-budget blockbuster movies with a massive fan base, such as the Marvel Cinematic Universe or Star Wars franchises, often see successful sales due to the large built-in audience.

    The status of movie action figures as collector's items is a crucial factor in their economic viability. Many enthusiasts view these figures as nostalgic memorabilia or investment opportunities, driving demand beyond the initial release. Limited edition releases, unique packaging, and exclusive accessories can enhance their collector appeal.

    Several movie action figures have proven to be immensely successful both commercially and as collector's items. The Star Wars franchise, for instance, boasts a vast array of action figures that have become iconic and highly sought after. Limited edition releases, such as the 1978 Boba Fett figure with firing rocket, have become incredibly valuable on the collector's market. Similarly, action figures tied to the Marvel Cinematic Universe have witnessed substantial success. Figures based on characters like Iron Man, Spider-Man, and Black Panther have not only appealed to children but also to adult collectors, contributing to their longevity in the market. Here are some of the most successful ones.

  • Star Wars Action Figures: The Star Wars franchise revolutionized the action figure industry with its extensive line of figures. Iconic characters like Luke Skywalker, Darth Vader, and Princess Leia, released by Kenner in the late 1970s, set the standard for movie-related collectibles.
  • Marvel Legends Series: Spanning the Marvel Cinematic Universe, the Marvel Legends Series by Hasbro has been a massive success. Figures based on characters like Iron Man, Captain America, and Spider-Man are not only popular among children but also highly sought after by adult collectors. The Phase 4 MCU toylines haven't been overall a success story for Hasbro though.
  • Transformers: Originating as a popular toy line and animated series, Transformers has consistently produced successful action figures tied to its live-action film adaptations. These figures, which transform between vehicles and robots, appeal to a broad audience and have become staples in the action figure market.
  • G.I. Joe: G.I. Joe action figures have been a staple since the 1960s, and the brand has seen success with tie-in figures to animated series and movies. The Real American Hero line in the 1980s, in particular, became a phenomenon, featuring characters like Duke, Snake Eyes, and Cobra Commander. Just not the live-action figures though!
  • Hot Toys Movie Masterpiece Series: Hot Toys is renowned for its highly detailed and realistic 1/6 scale figures. The Movie Masterpiece Series, featuring characters from various blockbuster films, has gained a reputation for craftsmanship and attention to detail. Figures from franchises like Marvel, Star Wars, and DC Comics are particularly popular.
  • NECA's Alien and Predator Figures: NECA (National Entertainment Collectibles Association) has achieved success with its highly detailed and articulated figures, especially those from the Alien and Predator franchises. These figures cater to both movie enthusiasts and dedicated collectors.
  • The Lord of the Rings and The Hobbit Figures: Figures based on J.R.R. Tolkien's fantasy epics have been well-received. Brands like Toy Biz and more recently, Diamond Select Toys, have produced highly detailed figures featuring characters from The Lord of the Rings and The Hobbit film trilogies.
  • McFarlane Toys' Movie Maniacs: Spawn creator Todd McFarlane's Movie Maniacs line showcased detailed figures from various horror and sci-fi movies. Characters from films like Halloween, The Terminator, and A Nightmare on Elm Street were part of this successful series.
  • Jurassic Park/World Action Figures: Action figures tied to the Jurassic Park and Jurassic World franchises have enjoyed success. Figures from Mattel, in particular, capture the essence of the dinosaurs and characters from these iconic films.

    Not all movie action figures achieve the same level of success. Licensing issues, poor design, or a lack of interest in the movie can lead to failures in the market. For instance, action figures tied to movies with lukewarm reception or those that fail to generate a dedicated fan base may struggle to gain traction.

    The Ghostbusters reboot in 2016 faced challenges in its action figure sales, partially attributed to the film's mixed reviews and the nostalgic appeal of the original Ghostbusters figures from the 1980s. The lack of demand resulted in excess inventory and clearance sales.

    Despite the high expectations surrounding the release of action figures tied to the Snake Eyes Origins movie, the figures have encountered disappointing sales figures. The film, which delved into the mysterious origins of the iconic G.I. Joe character, failed to generate the anticipated buzz and enthusiasm among audiences. The lackluster box office performance and tepid critical reception may have contributed to the diminished interest in the associated action figures. Additionally, competition within the action figure market, evolving consumer preferences, and the absence of a well-established fan base for the Snake Eyes Origins movie might have collectively impacted the figures' commercial success. The unsatisfactory sales serve as a reminder that a compelling narrative and a dedicated fan following are crucial components for the success of movie action figures, and without these, even a storied character like Snake Eyes can struggle to find a place in the competitive world of collectibles. Some other failed lines are below.

  • Green Lantern (2011): The action figures tied to the Green Lantern movie struggled to gain traction due to the film's overall poor reception. Despite featuring a popular superhero character, the lack of enthusiasm for the movie affected the sales of associated merchandise, including action figures.
  • John Carter (2012): The action figures released alongside the Disney film "John Carter" faced difficulties, reflecting the movie's box office disappointment. The lack of brand recognition and mixed reviews contributed to the figures' limited appeal.
  • The Lone Ranger (2013): Action figures related to Disney's "The Lone Ranger" faced challenges as the film failed to live up to expectations. The figures, based on characters from the movie, struggled to find a market, and excess inventory resulted in clearance sales.
  • The Last Airbender (2010): M. Night Shyamalan's film adaptation of the popular animated series "Avatar: The Last Airbender" received negative reviews, impacting the sales of associated action figures. Fans of the original series were disappointed with the film, affecting the market for related merchandise.
  • Catwoman (2004): Action figures tied to the "Catwoman" film, starring Halle Berry, faced difficulties in the market due to the movie's critical and commercial failure. The film's departure from the traditional Catwoman character and narrative contributed to the lack of interest in the associated action figures.
  • Fantastic Four (2015): The action figures related to the 2015 reboot of "Fantastic Four" struggled to perform well in the market, reflecting the film's negative reception. A combination of poor reviews, controversy surrounding the casting choices, and changes to the source material impacted the figures' sales.

    The success of movie action figures is inherently tied to the popularity of the film, the strength of its fan base, and the collector appeal of the figures themselves. While figures from blockbuster franchises often prove economically viable and become coveted collector's items, others face challenges and may struggle to find a market. The intersection of nostalgia, quality design, and a dedicated fan base plays a crucial role in determining whether movie action figures truly sell and make economic sense for manufacturers.

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