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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 ...
Through Mattel's 2012 acquisition of HIT Entertainment, which subsequently became a division of Fisher-Price, Mattel now owns the property outright. With this, toys based on Mike the Knight and Bob the Builder have been subsequently released. [23]
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.
Ynon Kreiz said the company would shift its focus after the blockbuster success of Greta Gerwig’s Barbie this summer.
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?" .
On Oct. 21, toy company Hasbro released its latest quarterly earnings. Revenue increased 2% versus 6% for rival Mattel . Looking at Hasbro's latest earnings from the strategic standpoint of ...
Ynon Kreiz (Hebrew: ינון קרייז) [4] is an Israeli-American businessman and current chairman and CEO of Mattel. [1] He served as Chairman and CEO of Fox Kids Europe from 1997–2002, [2] Chairman and CEO of television and digital production company Endemol from 2008 to 2011, [2] [3] and as chairman, CEO and president of web video network Maker Studios, Inc. from 2012 to 2016.
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.