Panini America is currently one of the major players in the trading card industry, with licenses for a number of sports leagues and properties. However, once these licenses expire, it's unclear what the future will hold for the company.
Without the ability to produce cards featuring popular sports leagues and players, Panini America may need to pivot their business model or focus on other areas of the collectibles market. One option could be to focus on non-sports trading cards or other collectibles, such as sticker books, figurines, or memorabilia.
Another option for Panini America could be to expand their operations outside of the United States, where they may still hold licenses for popular sports leagues. They could also choose to focus on digital trading cards and other forms of collectibles, which would not be impacted by the loss of licensing agreements.
It's also possible that Panini America could try to negotiate new licensing agreements with sports leagues or seek out partnerships with other companies in the industry. However, the loss of major licensing agreements would likely have a significant impact on the company's operations and revenue.
The future of Panini America is uncertain once their licensing agreements expire, and the company may need to make significant changes to adapt to a changing market.
It's difficult to predict whether Fanatics will acquire Panini America, as there have been no official announcements or indications from either company about any potential acquisition.
However, it's worth noting that Fanatics has been making moves to expand their presence in the trading card industry, with their recent acquisition of the trading card licenses for the major professional sports leagues in the United States. This has led to speculation that Fanatics may be looking to acquire other companies in the industry to further strengthen their position.
Panini America is one of the major players in the trading card industry, with a strong portfolio of licenses for a number of sports leagues and properties. Acquiring Panini America would give Fanatics access to this portfolio, as well as Panini America's expertise and infrastructure in the industry.
However, any potential acquisition would likely be subject to regulatory approval and may face opposition from other companies in the industry. Additionally, both Fanatics and Panini America are privately held companies, so it's unclear what the ownership structure and financials of either company are.
It's possible that Fanatics could acquire Panini America, but there are many factors that would need to be considered before any such acquisition could take place.