Venerable trading card company Topps has acquired GMG Entertainment, the leading publisher of digital currency cards, Topps CEO Ryan O’Hara announced. GMG sells digital currency cards (DCCs) through major retailers on behalf of online game, entertainment, and social media destinations, including Facebook. Topps says it will bring “manufacturing, design, and collectability skills” to DCCs.
“GMG is a complementary business to our core and one that pivots us into the high-growth retail and digital convergence arena with partners such as Facebook,” Topps’ O’Hara said.
GMG exec Rob Goldberg (CEO), Tim Pechmann, and Jeff Mickeal are joining Topps’ management team.