RC2 Corporation pays HIT US$15 million in recall deal

Oak Brook, Illinois-based RC2 Corporation will pay HIT Entertainment US$15 million in exchange for a release from indemnification claims related to last summer's recall of certain Thomas & Friends licensed products.

By Gary Rusak

July 7, 2008

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About The Author

Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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RC2 Corporation pays HIT US$15 million in recall deal

Oak Brook, Illinois-based RC2 Corporation will pay HIT Entertainment US$15 million in exchange for a release from indemnification claims related to last summer's recall of certain Thomas & Friends licensed products.

READ THE FULL STORY

About The Author

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