Feb 17, 2022 · Mattel's lawyers kick superfans off YouTube and Instragram. Jeffery Klaehn 10:04 am Thu Feb 17, 2022. Some toy reviewers have been banned from social media because Mattel is mad at them for ...
Jan 18, 2011 · SANTA ANA – Toy rivals Mattel Inc. and MGA Entertainment Inc. on Tuesday began the second round of their lengthy legal battle over the rights to the wildly popular Bratz line, with two marked…
Mattel (MAT) Investor Lawsuit Investigation. Mattel Inc. (NASDAQ: MAT) stock plummeted by more than 18% after announcing it would downgrade its 2019 forecast due largely to slowing …
Mattel, Harvey K, JD | Client Reviews of Attorneys & law firms from state of Florida. Rate Fort Lauderdale's attorneys or make an appointment at 633 S Federal Hwy Fort Lauderdale, FL 33301
Eight days later on February 15, 2019 during an analyst meeting, Mattel announced it would downgrade its 2019 forecast, reporting a slowing demand for its Barbie doll. Reuters published an article on the company’s adjusted forecast noting that it came#N#“barely a week after the company said strong holiday sales of Barbie drove a surprise fourth quarter profit.”
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Georgiadis stepped down as CEO of Mattel on April 19, 2018. Her last day was on April 26, 2018. Ynon Kreiz is now the new CEO of Mattel. The name Mattel is a blend of the names of Harold "Matt" Matson and Elliot Handler, two of the company's founders.
Harold "Matt" Matson and Elliot Handler founded Mattel in 1945. The company sold picture frames, and later dollhouse furniture. Matson sold his share to Handler due to poor health, and Handler's wife Ruth took Matson's role. In 1947, the company had its first hit toy, a ukulele called "Uke-A-Doodle".
Mattel, Inc. ( / məˈtɛl /) is an American multinational toy manufacturing company founded in 1945 with headquarters in El Segundo, California. The products and brands it produces include Fisher-Price, Barbie, Monster High, Ever After High, Polly Pocket, Enchantimals, Hot Wheels, Matchbox, Masters of the Universe, American Girl, and Thomas & Friends. In the early 1980s, Mattel produced video game systems, under its own brands and under license from Nintendo. The company has presence in 40 countries and territories and sells products in more than 150 countries. The company operates through three business segments: North America, international, and American Girl. It is the world's second largest toy maker in terms of revenue, after The Lego Group. In 2019, it ranked #575 on the Fortune 500 list. On January 17, 2017, Mattel named former Google executive Margo Georgiadis as CEO. Georgiadis stepped down as CEO of Mattel on April 19, 2018. Her last day was on April 26, 2018. Ynon Kreiz is now the new CEO of Mattel.
Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who returned the company to profitability in 1977. Ruth Handler sold her stock to three investors in 1980.
Mattel Electronics forced Mattel to take a $394 million loss in 1983 and almost filed for bankruptcy. In 1979, through Feld Productions, Mattel purchased the Holiday on Ice and Ice Follies for $12 million. Also acquired that year was Western Publishing for $120 million in cash and stock.
Mattel agreed to purchase HiT Entertainment from Apax Partners group in October 2011 for $680 million, its share of PBS Kids Sprout was not included. The purchase was completed on February 1, 2012, and HIT Entertainment became a wholly owned subsidiary of Mattel, managed under its Fisher-Price unit.
The purchase was completed on February 1, 2012, and HIT Entertainment became a wholly owned subsidiary of Mattel, managed under its Fisher-Price unit. In October 2013, Mattel launched its new in-house film studio, Playground Productions.