Shortly after the release of the 1998 (horrible!) Godzilla movie, Trendmasters folded, it's assets purchased by Jakks Pacific.
Prior to that, they had produced a wealth of 1998 Godzilla merchandise, and even before that, two whole lines of classic Godzilla figures (King of the Monsters, Godzilla Wars). A third line of classic figures was to be created (Doom Island), but only found limited release overseas and online.
Unused Doom Island Commercial:
The Biollante figure in that commercial is the EXTREMELY RARE 10" figure. A holy grail of Godzilla Trendmasters figures.
Beyond Godzilla, they had licensed films like Lost in Space, Battlefield Earth, Independence Day, and Mars Attacks!, as well as TV shows like Gumby, Casper, Voltron, and the Powerpuff Girls.
But probably the most sought after of their products, to this day, is their line of Iron Giant figures. The Ultimate Iron Giant figure, new in box, can fetch up to $300 or more online.
Trendmasters was one of those cool companies that took risks on properties that weren't top tier. Nowadays there are all sorts of companies making toys using obscure, retro, or less popular licensed properties, but in the mid to late 90's, that was not the case at all. They were ahead of their time.
One little known fact about them... they also manufactured a line of Halloween decor:
