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View Full Version : I Wonder If SideShow Is In Financial Trouble?



Tycho
05-09-2008, 03:55 PM
Are sales slow so there are all these clearance / 2nd Chance offers?

I plan on pre-ordereing 12" Aayla Secura but I wouldn't say my purchases help support the company. I'm just glad they're there.

Right now what I'd really like to buy is an onion bagel, toasted, with butter on it. Then I'd like to eat it.

El Chuxter
05-09-2008, 04:07 PM
It could be. Or sales could just be down. I imagine an awful lot of people aren't willing to fork over $50+ for figures anymore.

JediTricks
05-09-2008, 04:08 PM
I would guess it's standard 1st quarter doldrums. Also, if they keep stock around too long, they'll be taxed on it in a different way, so it pays to sell it off rather than keep it around too long. I doubt they're in big trouble, they gave away TONS of free money at last year's conventions and yet here they can afford to give away a little more.

JON9000
05-09-2008, 04:33 PM
I would guess it's standard 1st quarter doldrums. Also, if they keep stock around too long, they'll be taxed on it in a different way, so it pays to sell it off rather than keep it around too long. I doubt they're in big trouble, they gave away TONS of free money at last year's conventions and yet here they can afford to give away a little more.

I'm sure they are fine. MR, on the other hand...

Tycho
05-09-2008, 04:38 PM
As I understand it, MR was bought by Corgi, but Hasbro bought the Star Wars prop license and took the MR Star Wars team out with them and put under Hasbro's banner.

Now Hasbro is preparing to re-release MR product under their new banner - forgot the latest pseudo-company name, and then maybe for 2009 develop new stuff that we don't already have, like a Force FX Obi-Wan lightsaber from TPM (now with free Galactic Hero surprise in every box).

2-1B
05-09-2008, 07:13 PM
Probably, since I doubt many people collect these.

JediTricks
05-09-2008, 07:23 PM
As I understand it, MR was bought by Corgi, but Hasbro bought the Star Wars prop license and took the MR Star Wars team out with them and put under Hasbro's banner.

Now Hasbro is preparing to re-release MR product under their new banner - forgot the latest pseudo-company name, and then maybe for 2009 develop new stuff that we don't already have, like a Force FX Obi-Wan lightsaber from TPM (now with free Galactic Hero surprise in every box).That's not right. Corgi merged with MR, MR's CEO became the Corgi CEO. Hasbro bought no prop license, Lucas ended the license with MR and then gave it to eFX, and I believe Hasbro's Force FX license is a sub-license through eFX. eFX's Star Wars team is essentially the MR original team and not at all related to Hasbro. Regular props will come straight from eFX, while Hasbro is only distributing Force FX sabers, they're still made by the same factory, Hasbro will be adding new sabers to the line in '09.

Tycho
05-09-2008, 11:48 PM
That's not right. Corgi merged with MR, MR's CEO became the Corgi CEO.

So it was an alliance, not a buyout?


Hasbro bought no prop license, Lucas ended the license with MR and then gave it to eFX,

Who is eFX in reality?


and I believe Hasbro's Force FX license is a sub-license through eFX.

What does that mean? Who gets paid when someone buys a lightsaber? (who is everyone that gets paid, I mean)


eFX's Star Wars team is essentially the MR original team and not at all related to Hasbro. Regular props will come straight from eFX, while Hasbro is only distributing Force FX sabers, they're still made by the same factory,

I understand what's immediately above, but...


Hasbro will be adding new sabers to the line in '09.

"How" if Hasbro does not own eFX? Isn't that eFX's business and Hasbro is just contracted to do their distributing? I don't understand.

I want an FX Obi-Wan Kenobi lightsaber from TPM. Who might make it? Who might be paid for it if I buy it?

Turbowars
05-10-2008, 11:26 AM
EFX is owned by the old employees of MR. You guys see EFX's McQ 1:1 Concept Vader helmet? It's really cool! I think they will do well.

As for SSC, they are incompetent and can't make a decent SW 12" figure to save their lives. That latest figure looks like Hasbro made it. I would be more forgiving if it costs 24.99, but the damn thing is going to be 70-80 plus. No thank you. The license needs to be taken from them and given to HOT TOYS. Sure the figures will cost $150, but damn they will look like $150 bucks!

JediTricks
05-10-2008, 05:57 PM
So it was an alliance, not a buyout?No, they are not related in any way from everything we've seen so far. Lucasfilm split the license, there is no alliance. You're always looking for connections whether they are there or not.


Who is eFX in reality?Most of the original founders and employees of MR.


What does that mean? Who gets paid when someone buys a lightsaber? (who is everyone that gets paid, I mean)Hasbro gets money as distributor, Lucasfilm gets money as licensor.


"How" if Hasbro does not own eFX? Isn't that eFX's business and Hasbro is just contracted to do their distributing? I don't understand.GEEZ! How do you not get this? They are NOT RELATED AT ALL! How many ways do I have to say this? Hasbro and eFX are not related, they are both Star Wars licensees, that's it. eFX doesn't make the Force FX electronic lightsabers, period. The factory that makes the Force FX sabers is unrelated to eFX or Master Replicas or Hasbro or Lucasfilm, they're a Chinese factory. Hasbro sends them designs on paper and program, the factories however are who make those designs into physical molds - this is true of the Hasbro 3.75" figure line as well, Hasbro employees design and sculpt prototypes, but the factory is who translates that into their own version from which they build the molds. With SW Transformers, Hasbro doesn't even send in a physical prototype for them to redesign for mass-production, they just send drawings and source images.


I want an FX Obi-Wan Kenobi lightsaber from TPM. Who might make it? Who might be paid for it if I buy it?Hasbro is the designer for Force FX, they will draw up designs and send it to the Chinese factory whose name we don't know but who builds the Force FX sabers.



As for SSC, they are incompetent and can't make a decent SW 12" figure to save their lives. That latest figure looks like Hasbro made it. I would be more forgiving if it costs 24.99, but the damn thing is going to be 70-80 plus. No thank you. The license needs to be taken from them and given to HOT TOYS. Sure the figures will cost $150, but damn they will look like $150 bucks!You haven't seen Hasbro's 12" figures lately, have you? Sculpting is still awful, much much worse than Sideshow, they still use tapered bodies and fat accessories, and their clothing is abysmal and generic (look at the 12" Indy figures from Hasbro, shockingly bad).

Jayspawn
05-10-2008, 10:47 PM
Sideshow lost me as a customer. So I wouldnt be supprised if they're losing some business.

sergiurusu
05-11-2008, 03:28 AM
Until more 1/6 Imperials or 1/4 PF Stormie come I'm not buying anything else from Sideshow

Sinscia Fat'o
05-12-2008, 01:13 PM
No, they are not related in any way from everything we've seen so far. Lucasfilm split the license, there is no alliance. You're always looking for connections whether they are there or not.

Most of the original founders and employees of MR.

Hasbro gets money as distributor, Lucasfilm gets money as licensor.

GEEZ! How do you not get this? They are NOT RELATED AT ALL! How many ways do I have to say this? Hasbro and eFX are not related, they are both Star Wars licensees, that's it. eFX doesn't make the Force FX electronic lightsabers, period. The factory that makes the Force FX sabers is unrelated to eFX or Master Replicas or Hasbro or Lucasfilm, they're a Chinese factory. Hasbro sends them designs on paper and program, the factories however are who make those designs into physical molds - this is true of the Hasbro 3.75" figure line as well, Hasbro employees design and sculpt prototypes, but the factory is who translates that into their own version from which they build the molds. With SW Transformers, Hasbro doesn't even send in a physical prototype for them to redesign for mass-production, they just send drawings and source images.

Hasbro is the designer for Force FX, they will draw up designs and send it to the Chinese factory whose name we don't know but who builds the Force FX sabers.


You haven't seen Hasbro's 12" figures lately, have you? Sculpting is still awful, much much worse than Sideshow, they still use tapered bodies and fat accessories, and their clothing is abysmal and generic (look at the 12" Indy figures from Hasbro, shockingly bad).

I actually planned on picking up the 12inch IJ line from Hasbro and they were so bad i changed my mind in mid purchase as i was standing in line looking at them. The sculpts...well i could do better myself.

Now the 12 inch unleashed marvel line, now those are really nice, some hasbro's best work if i say so myself. They should have taken SW and IJ that way.

El Chuxter
05-12-2008, 02:07 PM
I just got an e-mail from Sideshow that all future Star Wars figures would be made of oatmeal, and said they needed money to buy food stamps for the oatmeal. Interpret that as you will.

Tycho
05-12-2008, 04:31 PM
Well that's good. You know how I like sniffing figures? Well now I could safely eat SideShow's, too!

Darth Cruel
05-13-2008, 05:55 PM
I am still a big fan of Sideshow's stuff. They are not perfect. But I find them to be the very best deal for the money. I see nothing in their business practices that lead me to believe they are in trouble. They are doing things now as they always have.

There are a few collectors who have lost their desire to pick up Sideshow figures. But they are a small number by ratio. And if you look at the list of Star Wars items, you can see that most of them are sold through. Very few hang around the warehouse. There are a few reasons for them dropping the prices on their in-stock stuff. As JT said, they may be taxed more heavily on it, but there is also the fact that there is finite space for storing the figures. They do many different lines and have to keep stock circulating.

In my head. There is a lot more to the value of collecting Sideshow than just the figures. They are more involved with the customers than ANY other company that I have witnessed. And they do a hell of a lot of giving stuff away. Hats, shirts, wrist bands, and product, a hell of a lot of product, get given away in contests regularly. And that is not to mention the gift cards they distribute like confetti, and I don't even have to mention the rewards point program (that I know a lot people don't like, but it is still a couple dollars toward a free figure where the higher dollar figure companies don't do that). AND lets talk about how easy it is to get replacements for parts that are manufactured wrong or broken when the arrive at the customer's door. And they do this stuff while still keeping the prices WAY below Medicom and Hot Toys. I could also go in to how many little extras we get with each figure as far as accessories (save for Medicom's Darth Maul, maybe).

To me, the overall value of collecting from Sideshow as a company stands more than head and shoulders over the others. It stands head, neck, shoulders, chest, and waist over the others.

dr_evazan22
05-18-2008, 03:50 PM
OK, now I have a couple questions.... Maybe I'm just getting confused, but, MR and Corgi, your saying they WERE partners that decided to merge?

And Corgi...? Isn't that one of the characters from the early- to mid- 90's TV show "Life Goes On"? If so, then that actor did a really good job of investing and parlaying the salary he made to enter the collectibles market.

And I have a couple problems with SSC now using oatmeal now. Well, one problem. On the one hand, when it solidifies, oatmeal does get nice and hard, I mean, if it dries on the side of the pot then it just doesn NOT come off. I wouldn't be too surprised if it was harder than polystone. But, my problem is, with the rising prices of everything like fuel and, most notably here, FOOD, don't you think they could have come up with a more socially acceptable alternative? Oatmeal may get harder than polystone, but I've never had a problem with the polystone SSC is us- sorry- WAS using.

JediTricks
05-18-2008, 11:06 PM
OK, now I have a couple questions.... Maybe I'm just getting confused, but, MR and Corgi, your saying they WERE partners that decided to merge?They were not partners before the merge, they merged without being partners first.


And Corgi...? Isn't that one of the characters from the early- to mid- 90's TV show "Life Goes On"? If so, then that actor did a really good job of investing and parlaying the salary he made to enter the collectibles market. You're thinking of Corky.