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 [...]

read more

Chorion Chairman Waheed Alli Steps Down

August 25, 2011 by Ramin Zahed No Comments

Chairman of U.K. property house Chorion Waheed Alli has resigned after the business failed to renegotiate banking deals to fix its significant debt burden, reports The Guardian. William Astor, the deputy chairman of the company is also leaving the company, which holds the rights to Noddy, Mr. Men and the [...]

read more