‘Jake and the Pirates’, ‘Batman’ Help Mattel’s Bottom Line

July 17, 2012 by Ramin Zahed No Comments

Toy giant Mattel reported an overall entertainment product sales drop of 36 percent, but posted a profit of $96.2 million (up from $80.5 million) in the year-ago period. The company cited entertainment merchandise tied to Batman: The Dark Knight Rises and Disney’s Jake and the Never Land Pirates and Cars [...]

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Mattel Buys Hit Ent. for $680m

October 24, 2011 by Ramin Zahed No Comments

It’s official. Thomas the Tank and Bob the Builder have a new home. London’s Financial Times is reporting that toy powerhouse Mattel has bought children’s media outfit Hit Entertainment—distributor of show such as Bob the Builder, Thomas the Tank and Angelina Ballerina—from Apex Partners for $680 million dollars. The acquisition [...]

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