![]() The company's continued investment and support of its entertainment division has also yielded meaningful results. Since 2000, Spin Master has received 103 TIA Toy of The Year (TOTY) nominations with 28 wins across a variety of product categories, including 13 TOTY nominations for Innovative Toy of the Year, more than any of its competitors. This initial success served as the springboard for Spin Master's entry into the toy business. With Anton selling the item on the street and to specialty retailers, the operation quickly expanded to a small facility in downtown Toronto. Together, they produced and sold their first product, the Earth Buddy - a nylon stocking-covered head of sawdust topped with grass seeds which grew to emulate hair, funded with their own $10,000 investment. Spin Master was founded in 1994 by two childhood friends, Ronnen Harary and Anton Rabie, and were later joined by classmate Ben Varadi.
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