
The Rise of Licensed Toys Exploring the rise of movie, TV, and comic book tie-in toys from the 1970s onwards.
17 January 2025 by
Marc
Toys have long served as portals to adventure, allowing kids and collectors alike to hold their favourite stories in their hands. From superheroes to intergalactic sagas, the evolution of licensed toys since the 1970s reflects the ever-shifting tides of pop culture. For many, these aren’t just toys—they’re cherished fragments of childhood. Let’s take a trip through time and rediscover the toys that defined entire generations.
The 1970s: A Revolution in Licensed Toys

The 1970s were the birthplace of the licensed toy boom. Companies realized kids didn’t just want generic figures—they craved toys of their favourite TV, movie, and comic book characters. Mego Corporation became a pioneer with its World’s Greatest Super Heroes line, letting fans bring Batman, Superman, and Spider-Man to life. These 8-inch figures stood out with cloth costumes that mimicked their comic counterparts. By reusing standard molds, Mego cut costs while producing a vast array of characters. For collectors, rare gems like Teen Titans or Elastic Batman remain prized artifacts.

The real game-changer arrived in 1977 with Star Wars. Kenner, a relatively unknown company, snagged the toy license for George Lucas’s epic. Their 3.75-inch figures revolutionized the industry, making it possible to create vehicles and playsets. The Millennium Falcon and battles with Darth Vader became playtime staples. These figures not only set a new standard for action figures but are now some of the most sought-after collectibles ever.
The 1980s: Action Figures Hit Their Prime

The 1980s ushered in a golden age for licensed toys, fuelled by a powerful partnership between TV and toy lines. Saturday morning cartoons weren’t just entertainment—they were marketing juggernauts. Hasbro’s G.I. Joe: A Real American Hero line capitalized on this synergy, shrinking figures to 3.75 inches to rival Star Wars. Each figure came with a detailed file card, transforming them into richly imagined characters. Vehicles like the Skystriker jet turned battles into epic adventures. To this day, G.I. Joe playsets like the Cobra Missile Command Headquarters are collector favourites.

Mattel struck gold with He-Man and the Masters of the Universe. With oversized muscles, magical weapons, and Castle Grayskull, these toys fused sci-fi and fantasy, capturing kids’ imaginations. Collectors still chase rarities like Wonder Bread He-Man, a promotional oddity cloaked in mystery.
By the mid-’80s, Transformers stormed onto the scene, transforming Japanese toy designs into household legends. Hasbro paired the toys with a cartoon, turning Optimus Prime and Megatron into icons. The thrill of converting a truck into a hero or a cassette into a robot spy still resonates today. Original “G1” Transformers in mint condition are grail items for many.
The 1990s: A Creative Explosion

As pop culture expanded in the 1990s, so did toy lines. Teenage Mutant Ninja Turtles by Playmates became a cultural phenomenon, with figures capturing the unique personalities of Leonardo, Michelangelo, Donatello, and Raphael. Iconic vehicles like the Party Wagon and playsets like the Technodrome further fuelled kids’ imaginations. For collectors, rare figures like Scratch the Cat are highly coveted.

In 1993, Jurassic Park stomped onto the scene, and Kenner brought its dinosaurs to life. With roaring T-Rexes and “dino-damage” features, these toys offered immersive play. A pristine electronic T-Rex remains a collector’s dream.
Power Rangers followed with morphing action figures and mighty Megazords, courtesy of Bandai. Combining Zords into towering robots was an exhilarating experience. Early imports of these figures are prized treasures among fans.
2000s to Today: Nostalgia Meets Premium Collecting

The 2000s sparked a wave of nostalgia-driven collecting, with toys designed as much for adults as for kids. Hasbro’s Star Wars: The Black Series debuted in 2013, offering hyper-detailed 6-inch figures that doubled as miniature works of art. Marvel Legends followed suit, giving fans intricately designed heroes, complete with Build-A-Figures like Galactus or Sentinel that added a layer of excitement.
Meanwhile, Funko Pop! figures took the world by storm with their unique aesthetic and sprawling range. From Harry Potter to Star Wars, their appeal lies in sheer variety. Rare Pops and exclusive chase variants keep collectors on the hunt.

Retro-inspired lines like Super7’s revivals of Masters of the Universe and Thundercats also tapped into nostalgia, blending vintage charm with modern craftsmanship. These figures, often packaged in vintage-style boxes, recreate the thrill of unboxing a treasure from decades past.
Why Toys Matter
For collectors, licensed toys aren’t mere objects—they’re memories. They’re the joy of opening a birthday present to reveal the figure you’ve dreamed of, or the hours spent crafting epic battles with friends. These toys are snapshots of pop culture, immortalizing the stories and characters that have shaped our lives.
From the 1970s to today, licensed toys continue to evolve, but their essence remains unchanged: they connect us to the worlds we love. Whether chasing a rare vintage find or adding a new collectible to your shelf, the joy of toys is a journey with no end.