What happened to Mego toys?
By Emma Jordan
What happened to Mego toys?
The Mego Corporation is an American toy company that in its original iteration was first founded in 1954….Mego Corporation.
| Founded | original company 1954 relaunch 2018 |
|---|---|
| Defunct | 1983 |
| Fate | Bankruptcy |
| Successor | Abrams Gentile Entertainment LLC |
Is Mego back in business?
World-renowned toy company Mego Corporation, the inventor of the modern collector’s market, is back in the toy game after 36 years. The Mego brand, a modest dime store toy company founded in 1956 by David and Madeline Abrams, exploded in popularity when their son Marty became president of the Mego Corp.
Who is Marty Abrams?
Marty Abrams, of Great Neck, CEO of Mego Corp., with his action figures. Abrams took the toy company his parents founded, Mego Corporation, and turned it into the master manufacturer of action figures, making the original comic book hero toys, including Superman, Batman, Hulk, and many more.
Where is the Mego Museum?
In the Summer of 2004, the Museum in Fullerton, California officially became the “Mego Museum”. .
Did Marty Abrams go to jail?
Abrams was convicted on 15 counts of wire fraud, one count of obstruction of justice and one count of false filing of Federal corporate income tax returns. The wire fraud and obstruction charges are the most serious, and carry maximum prison sentences of five years each.
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