Articles Tagged ‘Mattel’
In the wake of Stan Clutton’s passing last December, Mattel has appointed Jennifer Bennett to assume part of the veteran Fisher-Price SVP’s remit. Bennett has joined Mattel brand Fisher-Price as director of licensing acquisitions, and will be overseeing inbound licensing for the preschool-oriented toy maker.
After making plans to expand the licensing program for its successful game app Cut the Rope, featuring main character Om Nom, indie game developer Zeptolab has made merchandising deals with Hasbro, Mattel, JAKKS Pacific, and apparel company LF USA.
Mattel and Universal Pictures have aligned to market and distribute the first ever feature-length CG-animated Monster High DVD Monster High: Ghouls Rule!, and Mattel will also launch an accompanying new line of fashion dolls that will launch simultaneously this fall.
On the heels of Mattel posting strong 2011 earnings, the world’s largest toyco has completed its US$680 million acquisition of children’s entertainment producer and rights-owner HIT Entertainment from Apax Partners. The acquisition was first announced on October 24, 2011.
Despite a fragile global economy and softer-than-usual holiday sales, the world’s largest toyco Mattel has reported a rise in fourth quarter 2011 net income, due to strong demand abroad, and an increase in its full-year 2011 earnings.