Kay Kamen

Herman "Kay" Kamen (January 27, 1892 – October 28, 1949)[1] was a merchandising executive, noted primarily for his work with the Walt Disney Company.

Kamen was born January 27, 1892 in Baltimore, Maryland, and spent his early life working as a merchant and an advertising man.[1] Kamen's firm, the Kamen-Blair company, negotiated merchandising agreements for a number of prominent animated figures. In 1932, Walt and Roy O. Disney, contacted Kamen with the proposal to do so for their characters. Sensing a major opportunity, Kamen immediately withdrew his life savings from the bank and sewed the money into his coat for the two day train trip to Los Angeles the same day and stayed awake for the entire trip for fear of having his coat stolen. Upon arriving at the Disney Brothers' office, Kamen spread the money on their desk and promised them that amount plus 50% of subsequent revenue he would generate with the merchandising license.[2]

As a result, Kamen (Although briefly delayed by him falling asleep while the Disneys were privately conferring over the offer[3]) secured the licensing agreement for all Disney merchandising, a contract his firm would hold for the next two decades.[4][ChWDC 1] Kamen's firm quickly monetized Mickey Mouse's image, providing a much-needed line of cash to the struggling Disney firm through its Walt Disney Enterprises division. The following year, Kamen's firm developed the Mickey Mouse watch, which was produced by Ingersoll-Waterbury and soon became the bestselling watch in the United States.[5][6] By 1948, revenue of licensed Disney products totaled more than $100 million.[6] Kamen and WDE developed product lines for many of Disney's films and franchises, particularly Snow White and the Seven Dwarfs. Kamen died in the 1949 Air France Lockheed Constellation crash on São Miguel Island, in the Azores.[7]

References

  1. 1 2 "Disney Legends: Kay Kamen". D23.
  2. ↑ O'Reilly, Terry (25 February 2016). "Movie Merchandising". Under the Influence (Canadian Broadcasting Corporation). Retrieved 27 February 2016.
  3. ↑ O'Reilly. CBC. Missing or empty |title= (help)
  4. ↑ Steven Watts. The Magic Kingdom: Walt Disney and the American Way of Life. p. 149. ISBN 0826273009.
  5. ↑ Sarah Colt, Tom Jennings and Mark Zwonitzer (2015). Walt Disney: He Made Believe (television documentary). American Experience.
  6. 1 2 Alan Bryman (2004). The Disneyization of Society. p. 83. ISBN 0761967656.
  7. ↑ "Atlantic Airline Crash Kills 48". Albany Democrat-Herald (Albany, Oregon). 28 Oct 1949. p. 1. Retrieved 25 February 2016 – via Newspapers.com.
  1. ↑ "1932". Retrieved 13 November 2012. sources:
    *Walt Disney - An American Original, by Bob Thomas, 1994. Page 107.
    *Disneyana: Walt Disney Collectibles, by Cecil Munsey, 1974. Page 108.
    *Building a Company - Roy O. Disney and the Creation of an Entertainment Empire, by Bob Thomas, 1998. Page 70.
    *Walt Disney - The Triumph of the American Imagination, by Neal Gabler, 2006. Page 197.


This article is issued from Wikipedia - version of the Saturday, February 27, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.