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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 W8NQ9YclxsdslXvi2e1Gcg==

<SEC-DOCUMENT>0001144204-08-000490.txt : 20080103
<SEC-HEADER>0001144204-08-000490.hdr.sgml : 20080103
<ACCEPTANCE-DATETIME>20080103170134
ACCESSION NUMBER:		0001144204-08-000490
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080101
FILED AS OF DATE:		20080103
DATE AS OF CHANGE:		20080103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JAKKS PACIFIC INC
		CENTRAL INDEX KEY:			0001009829
		STANDARD INDUSTRIAL CLASSIFICATION:	GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
		IRS NUMBER:				954527222
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		22619 PACIFIC COAST HWY
		STREET 2:		SUITE 250
		CITY:			MALIBU
		STATE:			CA
		ZIP:			90265
		BUSINESS PHONE:		3104567799

	MAIL ADDRESS:	
		STREET 1:		22619 PACIFIC COAST HWY
		STREET 2:		SUITE 250
		CITY:			MALIBU
		STATE:			CA
		ZIP:			90265

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FRIEDMAN JACK
		CENTRAL INDEX KEY:			0001266265

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28104
		FILM NUMBER:		08507581

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		3104556280

	MAIL ADDRESS:	
		STREET 1:		22619 PACIFIC COAST HIGHWAY
		CITY:			MALIBU
		STATE:			CA
		ZIP:			90265
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v098677_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-01-01</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001009829</issuerCik>
        <issuerName>JAKKS PACIFIC INC</issuerName>
        <issuerTradingSymbol>JAKK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001266265</rptOwnerCik>
            <rptOwnerName>FRIEDMAN JACK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>22619 PACIFIC COAST HIGHWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MALIBU</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90265</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>120000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>23.61</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>638897</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Such 120,000 shares were issued pursuant to the terms of Holder's Employment Agreement with the Issuer and are further
 subject to the terms of that certain January 1, 2008 Restricted Stock Award Agreement (the &quot;Agreement&quot;) by and between the
 Holder and the Issuer. The Agreement provides that the Holder will forfeit his rights to all 120,000 shares unless certain
 conditions precedent are met prior to January 1, 2009, including the condition that the Issuer's Pre-Tax Income (as defined
 in the Agreement) for 2008 exceeds $2,000,000, whereupon the forfeited shares will become authorized but unissued shares of
 the Issuer's common stock.</footnote>
        <footnote id="F2">The Agreement prohibits the Holder from selling, assigning, transferring, pledging or otherwise encumbering (a) 60,000 of the
 120,000 shares prior to January 1, 2009 and (b) the remaining 60,000 shares prior to January 1, 2010; provided, however,
 that if the Issuer's Pre-Tax Income for 2008 exceeds $2,000,000 and the Issuer's Adjusted EPS Growth (as defined in the
 Agreement) for 2008 increases by certain percentages as set forth in the Agreement, the vesting of some or all of the 60,000
 shares that would otherwise vest on January 1, 2010 will be accelerated to the date the Adjusted EPS Growth is determined.</footnote>
        <footnote id="F3">Represents the closing price of the Issuer's common stock on 12/31/07, as reported by Nasdaq.</footnote>
        <footnote id="F4">Includes 175,000 shares with respect to which the Holder has agreed with the Issuer shall be subject to the following
 restrictions on resale: none of such shares may be sold prior to June 11, 2009 and not more than 50% (i.e., 87,500) of such
 shares may be sold prior to June 11, 2010.</footnote>
        <footnote id="F5">Pursuant to the terms of that certain January 1, 2007 Restricted Stock Award Agreement (the &quot;2007 Agreement&quot;) by and between
 the Holder and the Issuer, the Holder is prohibited from selling, assigning, transferring, pledging or otherwise encumbering
 60,000 shares prior to January 1, 2009; provided, however, that if the Issuer's Pre-Tax Income for 2007 exceeds $2,000,000
 and the Issuer's Adjusted EPS Growth (as defined in the 2007 Agreement) for 2007 increases by certain percentages as set
 forth in the 2007 Agreement, the vesting of some or all of the 60,000 shares that would otherwise vest on January 1, 2009
 will be accelerated to the date the Adjusted EPS Growth is determined.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jack Friedman</signatureName>
        <signatureDate>2008-01-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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