The Muppet Show was as much an ingrediant to a happy 70s childhood as were orange kitchens and pop rocks were. The UK Produced syndicated series was a complete smash and not surprisingly oodles of merchandising followed. Toymaker Fisher Price already knew the value of a Muppet, having produced Sesame Street items since the early 1970s released some of the most memorable Muppet show items..
AKA Brian Heiler author of "Rack Toys: Cheap, Crazed Playthings" and co-editor of "Toy-Ventures Magazine". Co-Host of the "Pod Stallions" podcast. Host of the Brick Mantooth Youtube channel, painter, designer, writer, mental health advocate, toy collector, Mego, and Mego Knock-Off enthusiast. I have large feet, ADHD and I live in Canada. Talk toys, not others. 
@brickmantooth
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PlaidStallions Action Figure Archive
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Toy-Ventures Issue 12- Stretch Monster
Knock-Off Book
I had that Rowlf toy!!!
I had the Miss Piggy stick puppet which was also a finger puppet.
I had the Fozzie hand puppet.
The first series, of the figures: Kermit, Miss Piggie, Rolf and Fozzie were really cool to look at but were frustratingly under-articulated in a world where Star Wars action figures with five points of articulation were the gold standard. Essentially, the only action these characters could perform was bowing to an audience or somewhat awkwardly sitting down. The second series, with Gonzo, Scooter, and Animal, was a step up, both in terms of details and in terms of functionality as toys. Wish they'd continued this series. So many more characters they could have made.