Band was doing shared cinematic universes a long time before Marvel. He liked two things; franchises and small characters. Although “only” appearing in four films, the Demonic Toys fought both Tim Thomerson’s mini-hero Dollman (in a film that also served as a sequel to Band’s Bad Channels) and, inevitably, the Puppet Master gang.
Say what you will for Band, his stuff often holds up a LOT better than the SyFy “original movie” stuff.