Toymaker Spin Master creates venture arm

Toymaker Spin Master creates venture arm
·1 min read

Spin Master Corp. announced the creation of a venture arm, Spin Master Ventures, that will make minority investments in the company's three core areas: toys, entertainment and digital games. The company will start by allocating $100 million to the venture group and focus on North America and Europe initially. The company has already made an investment in Nørdlight, a Stockholm-based mobile games company with more than 50 years of experience, and Hoot Reading, and online live tutoring service. "S

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