Yeah, I understand. I'm saying, from a contract-writing perspective, there should be a clause in there that results in the lapsing/ending of the contracted if there is a protracted period of time where Playmates is not producing project.
Otherwise, Paramount/CBS is losing money from the contract since they aren't getting any value for it.
Nah, the only ones losing money is Playmates and some of the retail stores who might sell the toys at a loss. CBS didn't really have to pony up any money at all as it was their license to give, but they get paid whenever a toy is sold, IIRC. CBS may have already got more money with Playmates' failed line than they would have had they went with Art Asylum.
I think CBS awarded the Trek 2009 license to Playmates because they have the power to get toys in retail stores--and to more people--while Art Asylum can't (although some items do appear in Toys R Us stores and a few novelty shops via their boss, Diamond Select). There's probably more money to be made in the widespread retail market than in the more exclusive collector's market, and that's probably what CBS was looking at, IMHO.
Yeah, but Paramount is losing money they would have made on the aborted Wave 2 figures.
Also, that's how the Johnny Lighning license to make the little ships lapse...they stopped making product, and that's how Hot Wheels got the recent license.
I would expect Playmates' contract to end in 2010 if they do not release any new products relevant to their current contract. Especially since there is no reason for Paramount to let a contract languish for another 2.5 years until the next movie comes out when they can transfer at least something to DST who could probably push out some nuTrek related product by 2011.
This is just my lawyer perspective on things.