Company Overview
Collectible Concepts Group, Inc. develops and markets an exciting line of unique collectible and licensed merchandise in the collegiate sports, entertainment and children’s marketplaces. The company utilizes regional and national sales organizations as well as direct sales channels to sell its products.
Originally founded in 1992, the company was renamed in 1999 to more accurately reflect its expanded corporate mission. Collectible Concepts Group, Inc. is recognized nationally as a leader in direct response marketing, replica design, mass marketing distribution and e-commerce marketing. Collectible Concepts Group, Inc. is a publicly owned company and trades under the stock symbol CCNG. The company finds its greatest strength in the experience and professionalism of its principals.
Paul S. Lipschutz, President of CCGI, has been recognized as an innovator and trendsetter in the collectible industry since 1982 and has been called one of the originators of the sports collectibles business. In 1985, he founded American Sports Collectibles and distributed over two million catalogs annually featuring collegiate and major league sports products. He has had contractual relationships with over 50 members of the Baseball Hall of Fame as well as numerous PGA golfers, NFL football legends and other professional sports figures to provide and market unique promotional and autographed collectibles. After selling ASC to Spectacor, the Philadelphia based sport and entertainment giant, Mr. Lipschutz acted as director of NHL licensing activities for Spectacor and produced the Flyer’s catalog. His division was ultimately sold to Score Board, Cherry Hill, NJ and his products were featured for many years on their QVC shows.
The balance of CCGI’s leadership team is comprised of seasoned management professionals including Philip A. Verruto, former CEO and Chairman of DataStream Global Communications, an international, public telecommunications company. He also served as Vice President and National Sales Manager for Standard & Poor’s Corporation. The company also draws sage counsel and direction from its advisory board which includes Super Bowl Quarterback, Joe Theisman and other leaders of the business community.
The company’s major assets are rooted in its portfolio of licenses. In the collegiate affinity marketplace, the company’s license set currently spans over 30 colleges and universities including such leading institutions as Notre Dame, LSU, Ohio State, UCLA and many other nationally renowned schools, plus, the NFL, NBA and other Major Leagues being negotiated.
In the entertainment market, the company licenses the Three Stooges and all Marvel comic book characters including Spiderman, Hulk, Punisher, and Daredevil all of which have been recently featured in blockbuster action movies.
Recently, in conjunction with [212] Media, a Scripps Howard company, CCGI has entered the lucrative children’s market producing an exciting audio book CD of nine "Arthur®" children’s stories authored by renowned children’s author, Marc Brown. The stories are read by a notable group of celebrities including Kevin Bacon, Marcia Gay Harden, Kelly Ripa, Daisy Fuentes, Clay Aiken and others.
Historically, CCGI products have been placed in over 7000 storefronts nationally. Our "Arthur®" children’s audio book is placed in music stores as well as national and regional retailers. Seventy percent of the net profits from sales of this audio book will benefit children through donations to the Elizabeth Glazer Pediatric AIDS foundation, The National Education Association Health Information Network (NEA-HIN) and the Bubel Aiken Foundation.
As a public company, CCGI is financed through private equity funding principally from managed investment funds and maintains a $3,000,000 line of credit to fund all anticipated activities.