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Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Thomas & Friends (formerly known as Thomas the Tank Engine & Friends) is a children's media franchise created by Britt Allcroft and currently owned by Mattel.The franchise revolves around an ensemble cast of anthropomorphic steam locomotives and other vehicles, including the main protagonist Thomas the Tank Engine, who work on the Island of Sodor.
MGA Entertainment Inc. (short for Micro-Games America Entertainment; sometimes referred to as MGA) is a manufacturer of children's toys and entertainment products founded in 1979. Its products include Bratz , Num Noms, Lalaloopsy , and Rainbow High , as well as toys targeted at boys such as Scan2Go .
Between 2005 and 2019, Larian traded hundreds of millions of dollars' worth of his Mattel's stock, with a net profit of $28 million, an 11% return on his investment. During that period, Mattel’s stock fell by 57%. During that period, Larian also traded in shares of Hasbro, another close competitor of his company. [15]
Mattel Inc. has won back the rights to produce toys based on The Walt Disney Company’s lineup of iconic Disney princesses and “Frozen” characters. Hasbro was previously the owner of the ...
Ynon Kreiz said the company would shift its focus after the blockbuster success of Greta Gerwig’s Barbie this summer.
An icon of the toy aisle is celebrating another milestone. Mattel-owned Barbie — which first debuted on March 9, 1959 — turns 64 today, and the brand has never been stronger, says CEO Ynon Kreiz.
Current and former subsidiaries of Mattel, companies that are owned or controlled by another company, which is called the parent company, parent, or holding company. [ 1 ] [ 2 ] ^ "What Is the Difference Between a Subsidiary & a Sister Company?" .