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Salvatore di Bartolo's avatar

The Maas story is the licensing lesson every brand relearns the hard way: fans accept merch that extends the story and reject merch that only extends the revenue line. Ferrari went the other way in 2019 and cut its licensing deals by about half to protect the brand, and it has kept its pricing power since. When a bookfluencer calls your universe a capitalist nightmare, the bill arrives with the next launch, not this one.

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