Toronto firm Spin Master buys famous toy Etch A Sketch

The Ohio Art Co., owner of the Etch A Sketch concept, has sold the well-known children’s pastime to the Toronto toy firm Spin Master Corp  with offices at 450 Front Street West.  The price was not disclosed. Etch A Sketch was created by a French inventor. The brand was produced or owned by Ohio Art since 1960, when it bought the rights for $25,000.