Etch A Sketch sold to Toronto toy company Spin Master

[IDemo]

Source: CBC News

A Canadian toy company is drawing up new plans for a classic children's plaything after buying the rights to the Etch A Sketch brand from its U.S. owners.

The Ohio Art Company announced Thursday that it sold Etch A Sketch and Doodle Sketch to Spin Master Corp., a toy company based in Toronto whose shares trade on the TSX. Financial terms were not released.

"These toys have been popular for more than 50 years, and we look forward to building on this foundation of fun and creativity," Spin Master CEO Anton Rabie said.

Using two knobs to adjust vertical and horizontal movement, the toy works by allowing the user to displace aluminum powder using magnetic beads to create an image on the surface.

Read more: http://www.cbc.ca/news/business/etch-a-sketch-spin-master-1.3445471

[CincyDem]

1. Spin Master Corp...any change they're funded by Bain/Romney ? lol n/t

[IDemo]

2. No - it takes more than a good shake to get rid of them n/t

[trusty elf]

4. ....

[img][/img]

[CincyDem]

5. ya know, I got to meet the Mittster in person once...

...and that is EXACTLY what he looked like. Woof.

[KamaAina]

6. Seamus? Is that you?

[Sen. Walter Sobchak]

8. I have encountered these guys,

They got their start manufacturing a dollar store "grass head" novelty back in the 90's.



Pretty humble beginnings

[ArizonaLib]

3. Made in China?

My mother in law used to work in their factory in Lima, Ohio decades ago. The manufacturing eventually made its way to China.

http://www.realclearpolitics.com/articles/2012/10/18/etch_a_sketch_made_in_china_115816.html

I know realclearpolitics.com is a conservative site, but this article came up first in my search.

[KamaAina]

7. So now they'll only draw pictures of Ted Cruz?