Trivia: "Puppet Master" was originally intended to be a theatrical release. However, series creator Charles Band found that he was making more money in the video market than in theaters, so the film was instead released direct-to-video. It was a huge hit for Band, leading to ten official sequels, a non-canonical spin-off (Puppet Master VS Demonic Toys) and a reboot. (The Littlest Reich).
Trivia: Originally, an early version of the puppet "Six Shooter" was intended to be included in the film. The puppet would have been a six-armed ninja. Series creator Charles Band liked the idea of a puppet with six arms, and reused the idea later on in the third film, which introduced "Six Shooter."