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Mattel, Inc. ( ) is an American multinational toy
manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...
and
entertainment Entertainment is a form of activity that holds the attention and Interest (emotion), interest of an audience or gives pleasure and delight. It can be an idea or a task, but it is more likely to be one of the activities or events that have deve ...
company headquartered in
El Segundo, California El Segundo ( , ; ) is a city in Los Angeles County, California, United States. Located on Santa Monica Bay, it was incorporated on January 18, 1917, and is part of the South Bay Cities Council of Governments. The population was 17,272 as of t ...
. Founded in Los Angeles by Harold Matson and the husband-and-wife duo of Ruth and
Elliot Handler Isadore Elliot Handler (April 9, 1916 – July 21, 2011) was an American inventor, business magnate, and the co-founder of Mattel. With his wife, Ruth Handler, he developed some of the biggest-selling toys in American history, including Bar ...
in January 1945, Mattel has a presence in 35 countries and territories; its products are sold in more than 150 countries. It is the world's second largest toy maker in terms of revenue, after
the Lego Group Lego A/S, also known as the Lego Group, is a Danish construction toy production company based in Billund. It manufactures Lego-branded toys, consisting mostly of interlocking ABS plastic and rubber bricks. The Lego Group has also built severa ...
. Two of its historic and most valuable brands,
Barbie Barbie is a fashion doll created by American businesswoman Ruth Handler, manufactured by American toy and entertainment company Mattel and introduced on March 9, 1959. The toy was based on the German Bild Lilli doll, Bild Lilli doll which Hand ...
and
Hot Wheels Hot Wheels is an American media franchise and brand of scale model model car, cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. It was the primary competitor of Matchbox (brand), Matchbox until Mattel bought ...
, were respectively named the top global toy property and the top-selling global toy of the year for 2020 and 2021 by
the NPD Group Circana, Inc., formerly known as Information Resources, Inc. and the NPD Group (previously National Purchase Diary Panel Inc. and NPD Research Inc.), is an American market research and technology company headquartered in Chicago. In 2017, NPD ra ...
, a global information research company.


History


Origins and early years

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 Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
. The company name chosen is a
portmanteau In linguistics, a blend—also known as a blend word, lexical blend, or portmanteau—is a word formed by combining the meanings, and parts of the sounds, of two or more words together.
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, according to Elliot, could not fit Ruth's name into that of their company. The company began selling picture frames and later dollhouse furniture out of the scraps from those frames. Matson sold his share and stake to the Handlers due to poor health the following year, with Ruth Handler taking over his stake. In 1947, the company had its first successful toy, a
ukulele The ukulele ( ; ); also called a uke (informally), is a member of the lute (ancient guitar) family of instruments. The ukulele is of Portuguese origin and was popularized in Hawaii. The tone and volume of the instrument vary with size and con ...
called "Uke-A-Doodle". The company was incorporated in
Hawthorne, California Hawthorne is a city in southwestern Los Angeles County, California. It is part of a seventeen-city subregion of the Los Angeles metropolitan area commonly known as the South Bay (Los Angeles County), South Bay. As of the 2020 United States cens ...
in 1948. In 1950, the
Magic 8 Ball The Magic 8 Ball is a plastic sphere, made to look like an oversized , that is used for fortune-telling or seeking advice. It was invented in 1946 by Albert C. Carter and Abe Bookman and is manufactured by Mattel. The user asks a yes–no questi ...
, currently owned by Mattel themselves, was invented by Albert C. Carter and Abe Bookman. Mattel started advertising on television when it became the first sponsor of the '' Mickey Mouse Club'' TV series. The
Fisher-Price Fisher-Price, Inc. is an American company that produces educational toys for infants, toddlers and preschoolers, headquartered in East Aurora, New York, East Aurora, New York (state), New York. It was founded in 1930 during the Great Depression ...
Corn Popper, and the
Xylophone The xylophone (; ) is a musical instrument in the percussion family that consists of wooden bars struck by mallets. Each bar is an idiophone tuned to a pitch of a musical scale, whether pentatonic or heptatonic in the case of many African ...
was released in 1957. Mattel would ultimately acquire Fisher-Price on August 20, 1993. The
Barbie Barbie is a fashion doll created by American businesswoman Ruth Handler, manufactured by American toy and entertainment company Mattel and introduced on March 9, 1959. The toy was based on the German Bild Lilli doll, Bild Lilli doll which Hand ...
doll debuted on March 9, 1959, going on to become the company's best-selling toy in history. In 1960, Mattel introduced
Chatty Cathy Chatty Cathy is a pull-string "talking" doll originally created by Ruth and Elliot Handler and manufactured by the Mattel toy company from 1959 to 1965. The doll was first released in stores and appeared in television commercials beginning in 1 ...
, a talking doll that was voiced by
June Foray June Foray (born June Lucille Forer; September 18, 1917 – July 26, 2017) was an American Voice acting, voice actress and radio personality, best known as the voice of such animation, animated characters as Rocky the Flying Squirrel, Natasha F ...
and revolutionized the toy industry, leading to pull-string talking dolls and toys flooding the market throughout the 1960s and 1970s. In 1961, Mattel introduced the Ken doll. The company went public in 1960 and became listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
3 years later. Mattel also acquired a number of like-minded companies during the 1960s. The ''Barbie Dreamhouse'' made with cardboard and paper made its debut in 1962, when also the Astronaut Barbie, the first of many space-themed iterations of the doll, was introduced. In 1965, the company built on its success with the Chatty Cathy doll to introduce the See 'n Say talking toy, spawning a line of products. Barbie traveled to the Moon four years before
Neil Armstrong Neil Alden Armstrong (August 5, 1930 – August 25, 2012) was an American astronaut and aerospace engineering, aeronautical engineer who, in 1969, became the Apollo 11#Lunar surface operations, first person to walk on the Moon. He was al ...
and
Buzz Aldrin Buzz Aldrin ( ; born Edwin Eugene Aldrin Jr.; January 20, 1930) is an American former astronaut, engineer and fighter pilot. He made three extravehicular activity, spacewalks as pilot of the 1966 Gemini 12 mission, and was the Lunar Module Eag ...
. In 1967, Mattel released a toy astronaut with space vehicles and a Moon base for boys, with a gumby-like central character named Major Matt Mason. On May 18, 1968, ''
Hot Wheels Hot Wheels is an American media franchise and brand of scale model model car, cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. It was the primary competitor of Matchbox (brand), Matchbox until Mattel bought ...
'' was released to the market. Hot Wheels was invented by a team of Mattel inventors, which included a rocket scientist and a car designer. That year also saw another doll release, this time, Christie, Barbie's friend and the first black doll, which in the following years and decades would spawn an endless line of Barbie-themed and branded family and friends. In 1969, Mattel changed the ''Mattel Creations'' and the "Mattel, Inc. – Toymakers" marketing brands to just ''Mattel'' and launched the "red sun" logo with the ''Mattel'' wordmark in all capitals for better identity. In 1970, Hot Wheels forged a sponsorship agreement with drag racing drivers Don “The Snake” Prudhomme and Tom “The Mongoose” McEwen. In addition to other marketing measures, the two racers’ cars, a yellow Barracuda and a red Duster, were reproduced as Hot Wheels toys. In May 1970, Mattel formed a joint venture film production company "''Radnitz/Mattel Productions''" with producer Robert B. Radnitz, which would kickstart Mattel's venture into full-time entertainment to accompany its most famed toy TV commercials, and later entered a multimillion-dollar partnership with Mehra Entertainment, whose CEO, Dr. Nishpeksh Padmamohan Mehra and Dr. Nishchal Shome, are Mattel's Inc.'s main directors for Barbie (film series). The card game Uno (now stylized as ''UNO'') was invented by
Merle Robbins Merle Robbins (September 12, 1911 – January 14, 1984) was an American barber from Reading, Ohio, who invented the card game Uno (card game), UNO. In 1971, he invented UNO to resolve an argument with his son Ray, a teacher, about the rules o ...
in 1971, and was acquired by Mattel in 1996. In 1971, Mattel purchased The Ringling Bros. and Barnum & Bailey Circus from the Feld family for $40 million, whom Mattel kept on as management. Mattel sold the circus corporation by December 1973 although it was profitable; Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, which led to the banishing of Elliot and Ruth Handler from the company they had founded.


Post-Handlers

Arthur S. Spear, then a Mattel vice president, took control of the company in 1975 and returned the company to profitability in two years. In 1978, the Mattel Children's Foundation was founded. Ruth Handler sold her stock in 1980 and finally let loose of the company she co-founded. Mattel debuted its Electronics line in 1977 with an all-electronic handheld game. Its success led to its expansion with game consoles then the line, eventually becoming incorporated in 1982. Mattel Electronics forced Mattel to take a $394 million loss the following 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 Western Publishing, also known as Western Printing and Lithographing Company, was an American company founded in 1907 in Racine, Wisconsin, best known for publishing the Little Golden Books. Its Golden Books Family Entertainment division also ...
for $120 million in cash and stock. which they sold to Richard A. Bernstein in December 4 years later. In 1980, Mattel introduced the first diverse line of Barbie dolls with a Hispanic doll and the first African-American Barbie (unrelated to Barbie friend Christie), which will eventually include iterations of Barbie from more than 40 countries. In 1982,
He-Man He-Man is a superhero and the protagonist of the sword and planet ''Masters of the Universe'' franchise, which includes a toy line, several animated television series, comic books, and a feature film. He-Man is characterized by his superhuman s ...
and the
Masters of the Universe ''Masters of the Universe'' (sometimes referred to as the ''He-Man'' or ''She-Ra'' series) is a sword and planet-themed media franchise created by Mattel. The main premise revolves around the conflict between He-Man (the alter ego of Prince A ...
line of action figures was released, which inspired a three-issue comic book mini-series, an animated series and a live-action film. The Felds bought the circus (and related companies) in 1982 for $22.8 million. In the early 1980s, Mattel produced video game systems, under its own brands and under license from
Nintendo is a Japanese Multinational corporation, multinational video game company headquartered in Kyoto. It develops, publishes, and releases both video games and video game consoles. The history of Nintendo began when craftsman Fusajiro Yamauchi ...
. In 1985, the company launched the Barbie “We Girls Can Do Anything” TV advertising campaign to encourage girls to believe in themselves. They also released the CEO / Day-to-Night Barbie to celebrate women becoming CEOs. In 1986, Barbie joined the list of famous individuals painted by
Andy Warhol Andy Warhol (;''Random House Webster's Unabridged Dictionary''"Warhol" born Andrew Warhola Jr.; August 6, 1928 – February 22, 1987) was an American visual artist, film director and producer. A leading figure in the pop art movement, Warhol ...
.
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
-based venture capital firms E.M. Warburg, Pincus & Co., and
Drexel Burnham Lambert Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, i ...
invested a couple hundred million dollars in Mattel in 1984 to help the company survive. However, the Masters of the Universe action figure line sales dropped, causing a $115 million loss in 1987. In the late 1980s, John W. Amerman, who joined Mattel in 1980 as head of its international division, was named the company's new chairman and improved its financial performance in 1987 by focusing on core brands. It paid off as sales of Barbie dolls and accessories increased from $430 million to almost $1 billion between 1987 and 1992. Mattel secured licensing and sponsorship rights from
The Walt Disney Company The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was founded on October 16 ...
for a new line of infant and preschool plush toys in 1988, sponsor attractions and to develop and sell toys at three Disney theme parks. Mattel also negotiated the exclusive rights to sell dolls, stuffed characters and preschool toys based on Disney characters. On January 31, 1988, Mattel shut down its operations in the
Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...
and shifted the distribution and sales of Mattel-branded toys and games to Richprime Global, Inc. (formerly Richwell Trading Corporation). Mattel returned to working with Disney the following year. In 1991, Mattel moved its headquarters from Hawthorne to its current El Segundo site, in
Los Angeles County Los Angeles County, officially the County of Los Angeles and sometimes abbreviated as LA County, is the most populous county in the United States, with 9,663,345 residents estimated in 2023. Its population is greater than that of 40 individua ...
.


Uno, Fisher-Price, American Girl, Polly Pocket: 1992–2009

In 1992, Mattel created the first President Barbie, claiming that Barbie has run for President 7 times since 1992 and released an all-ticket in 2016. Mattel entered the gaming business in 1992 with the purchase of International Games, creators of UNO and Skip-Bo. The company purchased Fisher-Price, Inc. on August 20, 1993, and Tyco Toys, Inc. (owners of the
Matchbox A matchbox is a container or case for matches, made of paperboard, cardboard, thin wood, or metal, generally in the form of a box with a separate drawer sliding inside the cover. Matchboxes generally measure 5 x 3.5 x 1.5 cm, and commonly have ...
and Dinky Toys brands) in 1997. In 1998, Mattel acquired Pleasant Company (creators of the
American Girl American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old girls of various ethnicities, faiths, nationalities, and social classes throughout different time periods ...
brand) and
Swindon Swindon () is a town in Wiltshire, England. At the time of the 2021 Census the population of the built-up area was 183,638, making it the largest settlement in the county. Located at the northeastern edge of the South West England region, Swi ...
,
England England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It ...
-based toymaker
Bluebird Toys Bluebird Toys plc was a British toy company. They were responsible for the Polly Pocket brand, Havok wargame and Disney Tiny Collection. The company's previous toy lines included Manta Force, Oh Penny!, the British version of Oh Jenny! from Mat ...
(along with its most prized property, ''
Polly Pocket Polly Pocket is a toy line of inch-tall dolls and accessories sold by Mattel. The line was founded and designed by Chris Wiggs in 1983 and was first sold to the public in 1989. Between 2012 and 2018, it was not sold in the US in 2012 and decli ...
''). In the same year, the first American Girl retail store opened for business in
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
. In 1997, the Fisher-Price Little People toys underwent a redesign to look more like real kids with different skin colors, added arms and hands, and greater detail on the face, hair, and clothes. Also that year, Mattel acquired
View-Master View-Master is the trademark name of a line of special-format stereoscopes and corresponding View-Master "reels", which are thin cardboard disks containing seven Stereoscopic 3-D pairs of small transparent color photographs on film.Mary Ann & Wo ...
, and Hot Wheels partnered with
NASCAR The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. It is considered to be one of the top ranked motorsports organizations in ...
drivers
Kyle Petty Kyle Eugene Petty (born June 2, 1960) is an American former stock car racing driver and current racing commentator. He is the son of racer Richard Petty, grandson of racer Lee Petty, and father of racer Adam Petty, who was killed in a crash duri ...
and Jack Baldwin leading to the production of the first NASCAR-themed vehicles. In 1998, Mattel donated $25 million to help rebuild UCLA's children's hospital, which was later renamed the
UCLA Mattel Children's Hospital UCLA Mattel Children's Hospital (MCH) at Ronald Reagan UCLA Medical Center is a nationally ranked pediatric acute care children's hospital located in Los Angeles, California. The hospital has 156 pediatric beds, is affiliated with the University ...
. Barbie was inducted into the National Toy Hall of Fame that year and the first Thomas & Friends theme park, Thomas Land, opened in Fujikyu Park in
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
. Mattel purchased
The Learning Company The Learning Company (TLC) was an American educational software company founded in 1980 in Palo Alto, California and headquartered in Fremont, California. The company produced a grade-based line of learning software, edutainment games, and ...
(formerly SoftKey) in 1999 for $3.5 billion, but sold it the following year at a loss. The company had a $430.9 million net loss that year. Mattel earned the first grant for the
Disney Princess ''Disney Princess'', also called the ''Princess Line'', is a media franchise and toy line owned by the Walt Disney Company. Created by Disney Consumer Products chairman Andy Mooney, the franchise features a lineup of female protagonists who hav ...
doll license in 2000. In December 2000, Mattel sued Danish-Norwegian
Europop Europop (also spelled Euro pop) is a style of pop music that originated in Europe during the mid-to-late 1960s and developed to today's form throughout the late 1970s. Europop topped the charts throughout the 1980s and 1990s, with revivals and ...
band Aqua, claiming their song "
Barbie Girl "Barbie Girl" is a song by Danish-Norwegian dance-pop group Aqua. It was released in April 1997 by Universal and MCA as the third single from the group's debut studio album, ''Aquarium''. The song was written by band members Søren Rasted, Cl ...
" violated the Barbie trademark and turned her into a sex object, referring to her as a "blonde
bimbo ''Bimbo'' is slang for a conventionally attractive, sexualized naive woman. The term was originally used in the United States as early as 1919 for an unintelligent or brutish man. As of the early 21st century, the "stereotypical bimbo" appea ...
". The lawsuit was rejected two years later. In 2000, Mattel signed a deal with
Warner Bros. Warner Bros. Entertainment Inc. (WBEI), commonly known as Warner Bros. (WB), is an American filmed entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California and the main namesake subsidiary of Warner Bro ...
to become the master licensee for
Harry Potter ''Harry Potter'' is a series of seven Fantasy literature, fantasy novels written by British author J. K. Rowling. The novels chronicle the lives of a young Magician (fantasy), wizard, Harry Potter (character), Harry Potter, and his friends ...
branded toys. It was extended in 2002; Mattel became the master licensee for
Superman Superman is a superhero created by writer Jerry Siegel and artist Joe Shuster, which first appeared in the comic book ''Action Comics'' Action Comics 1, #1, published in the United States on April 18, 1938.The copyright date of ''Action Comics ...
,
Batman Batman is a superhero who appears in American comic books published by DC Comics. Batman was created by the artist Bob Kane and writer Bill Finger, and debuted in Detective Comics 27, the 27th issue of the comic book ''Detective Comics'' on M ...
,
Wonder Woman Wonder Woman is a superheroine who appears in American comic books published by DC Comics. The character first appeared in ''All Star Comics'' Introducing Wonder Woman, #8, published October 21, 1941, with her first feature in ''Sensation Comic ...
,
the Flash The Flash is the name of several superheroes appearing in American comic books published by DC Comics. Created by writer Gardner Fox and artist Harry Lampert, the original Flash first appeared in ''Flash Comics'' #1 (cover date, cover-dated Jan ...
,
Justice League The Justice League, or Justice League of America (JLA), is a group of superheroes appearing in American comic books published by DC Comics. The team first appeared in ''The Brave and the Bold'' #28 (March 1960). Writer Gardner Fox conceived the ...
and
Looney Tunes ''Looney Tunes'' is an American media franchise produced and distributed by Warner Bros. The franchise began as a series of animated short films that originally ran from 1930 to 1969, alongside its spin-off series ''Merrie Melodies'', during t ...
toys for all markets except Asia. In 2001, the first life-sized
Hot Wheels Hot Wheels is an American media franchise and brand of scale model model car, cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. It was the primary competitor of Matchbox (brand), Matchbox until Mattel bought ...
car, the Twin Mill, was created. More than twenty life-sized cars were created and all of them were inducted into the Hot Wheels Garage of Legends.
American Girl American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old girls of various ethnicities, faiths, nationalities, and social classes throughout different time periods ...
launched its “Girl of the Year” campaign in 2001 to highlight dolls with contemporary stories; each doll is only available for a year. In 2002, the company closed its last factory in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
; the factory was originally part of
Fisher-Price Fisher-Price, Inc. is an American company that produces educational toys for infants, toddlers and preschoolers, headquartered in East Aurora, New York, East Aurora, New York (state), New York. It was founded in 1930 during the Great Depression ...
outsourcing production to
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
. A chain of events followed that led to its distribution of millions of hazardous toys, including ones contaminated with lead. On August 14, 2007, Mattel recalled over 18 million products, with Louise Story of ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' in close coverage. Many of the products had surface coatings that contained more than the U.S. legal limit of .06% lead by weight. Other toys were recalled because their strong, detachable magnets could endanger children. Mattel re-wrote its policy on magnets, finally issuing a recall in August 2007. The recall included 7.1 million Polly Pocket toys produced before November 2006, 600,000
Barbie Barbie is a fashion doll created by American businesswoman Ruth Handler, manufactured by American toy and entertainment company Mattel and introduced on March 9, 1959. The toy was based on the German Bild Lilli doll, Bild Lilli doll which Hand ...
and Tanner Playsets, 1 million Doggie Daycare, Shonen Jump's
One Piece ''One Piece'' (stylized in all caps) is a Japanese manga series written and illustrated by Eiichiro Oda. It follows the adventures of Monkey D. Luffy and his crew, the Straw Hat Pirates, as he explores the Grand Line in search of the myt ...
and thousands of
Batman Batman is a superhero who appears in American comic books published by DC Comics. Batman was created by the artist Bob Kane and writer Bill Finger, and debuted in Detective Comics 27, the 27th issue of the comic book ''Detective Comics'' on M ...
Manga are comics or graphic novels originating from Japan. Most manga conform to a style developed in Japan in the late 19th century, and the form has a long history in earlier Japanese art. The term is used in Japan to refer to both comics ...
toys due to exposed
magnets A magnet is a material or object that produces a magnetic field. This magnetic field is invisible but is responsible for the most notable property of a magnet: a force that pulls on other ferromagnetic materials, such as iron, steel, nickel, ...
. In 2009, Mattel paid a $2.3 million fine to the
Consumer Products Safety Commission The United States Consumer Product Safety Commission (USCPSC, CPSC, or commission) is an Independent agencies of the United States government, independent agency of the United States government. The CPSC seeks to promote the safety of consumer ...
for marketing, importing and selling non-compliant toys. Mattel was noted for its crisis response by several newspaper publications, including ''
PRWeek ''PRWeek'' is a trade magazine and news website for the public relations and wider communications industry. It is published by Haymarket Media Group. History ''PRWeek'' was originally launched as a private venture in 1984 and was acquired b ...
'', the ''
Los Angeles Times The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...
'', ''
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fate * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (19 ...
'' and Business Management. On September 13, 2009, Mattel's ticker symbol moved from the NYSE to the
NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
Global Select Market (NASDAQ-GS large cap).


More acquisitions and brand portfolio expansion: 2010–2016

On June 11, 2010, Mattel launched Monster High, a fashion doll line featuring the teenage children of famous and well-known monsters like Dracula, Frankenstein, Cleopatra, Gorgon, Werewolf, and Mummy, The Mummy. It led to popularity and cult following success which Mattel translated into two spin-offs, each with a different focus than Monster High; ''Ever After High'' in 2013 and ''Enchantimals'' four years later. In 2011, Hot Wheels set a new world-record for a jump made by a four-wheeled vehicle at the 100th anniversary of the Indy 500. The 332 feet jump broke the previous 301 feet record set in 2009. On January 5, 2009, HIT Entertainment named Mattel's Fisher-Price division as its global master toy licensee for its ''Thomas & Friends'' franchise (outside of Japan), replacing RC2 Corporation's Learning Curve brand in the North American market as well as the HIT Toy Company for the TrackMaster range. Mattel then agreed to purchase HIT Entertainment from Apax Partners on October 24, 2011, for $680 million, excluding its share of the Universal Kids, PBS Kids Sprout channel (now Universal Kids), which would be completed on February 1, 2012, for £680m, and be managed under Mattel's Fisher-Price unit. In 2012, Mattel introduced a doll, Ella, to the ''Barbie'' line. The doll is bald and was distributed directly through hospitals to children experiencing hair loss due to cancer and other diseases. On October 16, 2013, with reports of high profitability, Mattel launched an in-house film studio, Mattel Playground Productions, through which it produces original films, TV shows, Web series, live events, and games. ''Fortune (magazine), Fortune Magazine'' named Mattel one of the top 100 companies to work for in 2013, noting only 1,292 positions were full, out of 164,045 job applications during the previous year, as well as more than 1,000 employees had been with the company longer than 15 years. On February 28, 2014, Mattel acquired Mega Brands On April 16, 2015, Mattel announced a partnership with invention platform Quirky (company), Quirky to crowd-source a number of products. Mattel added a princess-themed Barbie line in 2010. Barbie sales began plummeting in 2012, thus removing focus from the ''
Disney Princess ''Disney Princess'', also called the ''Princess Line'', is a media franchise and toy line owned by the Walt Disney Company. Created by Disney Consumer Products chairman Andy Mooney, the franchise features a lineup of female protagonists who hav ...
'' line. Mattel had only sold Cinderella (Disney character), Cinderella, Ariel (The Little Mermaid), Ariel, Belle (Disney character), Belle and the two ''Frozen (2013 film), Frozen'' princesses (Anna (Frozen), Anna and Elsa (Frozen), Elsa) around its last year of the Disney license in early 2016. With these competing lines and an expiration of the brand license at the end of 2015, Disney gave Hasbro a chance to gain the license given their work on Star Wars, which led to a ''Descendants (franchise), Descendants'' license. Disney Consumer Products also made an attempt to evolve the brand from "damsels" to "heroines." In September 2014, Disney announced Hasbro as the licensed doll maker for the Disney Princess line starting on January 1, 2016. Mattel again became the licensed doll maker, instead of Hasbro, in January 2022 and the characters of ''Frozen'' were part of the line. The latest collection of dolls was available for purchase in January 2023. In January 2015, board member Christopher Sinclair replaced CEO Bryan Stockton, following with 2/3 of senior executives resigning or receiving lay off. The following month, an upgraded View-Master to provide a virtual reality viewing experience was announced through a partnership with Google Cardboard. On January 21, 2016, Mattel acquired Fuhu, makers of Nabi tablets and other technology-driven hardware, in a bankruptcy proceeding for a sum worth $21 million. On March 30, 2016, Mattel formed a "senior head" division named ''Mattel Creations'' to centralize its multi-platform content output. In the process, the production teams and operations of Mattel Playground Productions, HIT Entertainment and the
American Girl American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old girls of various ethnicities, faiths, nationalities, and social classes throughout different time periods ...
content creation team in Middleton, Wisconsin were absorbed into Creations the following day. On July 19, 2016, NBCUniversal announced Mattel's license acquisition to produce toys based on the ''Jurassic Park'' franchise after Hasbro's rights expired in 2017.


Hasbro's failed takeover and Mattel163: 2017–2018

Former Google executive, Margo Georgiadis, was announced as company CEO on 17 January 2017. On November 10, 2017 ''The Wall Street Journal'' reported that Hasbro had made a takeover offer for Mattel, with Hasbro worth about $11 billion at the time and Mattel, $5 billion. The latter rejected the offer less than a week later, according to Reuters. On January 29, 2018, Mattel and Chinese internet technology and video game company NetEase formed a joint venture mobile publishing and development studio, Mattel163, aimed at creating apps based on the former's key brands. That same year, American Girl released “Create Your Own,” allowing kids to create a doll from scratch and customize everything including facial features, hair, accessories and outfits, and the doll's favorite places and hobbies.


Company reorganization and production partnership increments: 2018–present

On April 19, 2018, Mattel named former Disney Digital Network, Maker Studios CEO Ynon Kreiz as chairman and the replacement CEO for outgoing CEO Georgiardis who moved on to head Ancestry.com, effective from April 26, 2018. Two months later, the company laid off 2,200 employees partially due to the liquidation of Toys "R" Us in the U.S. Kreiz started reorganization of Mattel which included new board of directors and added that executives having entertainment backgrounds and a global franchise management group had been charged with finding new opportunities in existing markets. On 30 August 2018, Mattel indicated the formation of its global franchise management division to be headed by Janet Hsu as chief franchise management officer. The division was mandated to seek out new commercial opportunities plus to bring together consumer products, content development and distribution, digital gaming, live events and partnerships. Hsu was previously the CEO of Saban Brands, where Frederic Soulie last worked before being appointed as senior vice president of content distribution and business development in the franchise division on September 28, 2018. Hot Wheels celebrated its 50th anniversary the same year by recreating and selling as a set the original 16 Hot Wheels die-cast cars. That same year in September, Thomas & Friends announced an alliance with the United Nations to introduce some of the organization's Sustainable Development Goals, including quality education, gender equality, clean water and sanitation, sustainable cities and communities, responsible consumption and production and life on land, into the show's content. On December 24, 2018, Mattel announced the loss of the DC Comics toy license to Spin Master starting in the spring of 2020, hitting an 18-year low on its share price which concluded at $9.25 for a share. Mattel reorganized Mattel Creations and renamed it ''Mattel Television'' on February 5, 2019, which would be headed by former Disney Branded Television programming executive Adam Bonnett. On June 30, 2020, Fred Soulie in turn was "role-tripled" to general manager and senior vice president of the new division. On March 9, 2019, Mattel celebrated Barbie's 60th anniversary. As part of the anniversary celebrations, Mattel released 20 new ''role model dolls in its Shero'' line to recognize influential women around the world. Mattel donated $1 from every sale to its Dream Gap Project Fund, which aims to work with other organizations to end the issue of girls seeing themselves as less capable than boys. On June 14, 2019, Mattel released new ''Hot Wheels'' ID line of cars, which are embedded with NFC chips so that people can scan the cars and then build tracks, race, and view race stats for combined digital and physical racing play. On December 16, Mattel released an update that allowed kids to scan their cars into an app and then access different coding exercises. On August 19, 2019, Mattel announced a reboot of He-Man and the Masters of the Universe, including new toy lines and brand extensions, a new comic book series and a Netflix series. In October 2019, Mattel released Hot Wheels Monster Trucks, which included a full line of die-cast vehicles, and a national live-event tour, Hot Wheels Monster Trucks Live. The company also released a line of gender-neutral dolls called the “Creatable World” Mattel Children's Foundation announced and organized its second annual "Global Day of Play", a company-wide community service initiative that focuses on working with nonprofits and organizations around the world to give children a day focused on the power of play. While formerly associated with content productions, as of 2020, Mattel Creations is now an e-commerce and content platform of Mattel, Inc. In April 2020, the company released a ''Thomas & Friends special'' titled “The Royal Engine” to celebrate the program's 75th anniversary, featuring animated versions of Queen Elizabeth and Prince Charles as children and introduced by the Duke of Sussex. In the same month, the new Basquiat Barbie was introduced, featuring the work of the artist Jean-Michel Basquiat. Mattel also created an online resource, "Mattel Playroom", to provide free games, activities, coloring sheets, DIY projects resources for parents/caregivers and more to help families during the COVID-19 pandemic. Warner Music Group#Arts Music, Warner Music Group's Arts Music division arranged to become the distributor of Mattel's music catalog on May 1, 2020. Arts Music planned to make available hundreds of never-before-released songs and new songs for existing brands, with the 8th May digital launch of ''Thomas & Friends''’ birthday album first up which was managed/handled by Alternative Distribution Alliance, ADA Worldwide under the pseudonym label: "''Mattel–Arts Music.''" Also in May 2020, Mattel announced an initiative known as "Play it Forward" which focuses on using Mattel brands to give back. The first Play it Forward program was #ThankYouHeroes, which included a collection of action figures and Little People characters who represent those who work essential jobs during the COVID-19 pandemic, like doctors, nurses, emergency medical technician (EMTs) and delivery drivers. On October 15, 2020, Mattel celebrated Fisher-Price's 90th anniversary by creating a virtual Toy Museum, which featured more than 90 different exhibits created by artist, set designer and photographer Leila Fakouri. Mattel Creations was also launched that month; it is an e-commerce and content platform. It features limited edition, curated items made with collaboration from pop-culture artists. The site's inaugural collection included the Artist Collaboration Collection, featuring brands Barbie, Masters of the Universe, Hot Wheels, and the Magic 8 Ball as well as artists Gianni Lee, Cristina Martinez, Travis Ragsdale, and Distortedd. On October 12, 2020, Mattel announced Season 25 of ''Thomas & Friends'' but instead retooled launching a traditionally-animated take on it titled ''Thomas and Friends: All Engines Go!'', which began on September 13, 2021. That ended the show at 24 series/seasons over 37 years. On November 20, 2021, Mattel launched a non-fungible tokens (NFTs) marketplace to allow fans purchase digital collectibles for its flagship brands Barbie and Hot Wheels. On April 5, 2022, the Mattel board of directors led by its CEO, Ynon Kreiz, named company chief commercial officer, Steven Totzke, as company co-president with Richard L. Dickson alongside his original post and would continue to report to Kreiz as before. In 2024, Mattel expanded its Barbie line to include dolls representing individuals with Down syndrome and vision impairments. This initiative is part of Mattel's ongoing efforts to promote diversity and inclusivity, allowing children to see themselves reflected in their toys. In November 2024, it was discovered on Twitter, X (formerly Twitter) that a brand of ''Wicked (2024 film), Wicked'' themed dolls produced by the company inadvertently linked to an adult website instead of a similar link to the website for the ''Wicked'' movie. Mattel apologized for the error, and asked parents who had bought products with the incorrect website to destroy the packaging. Earlier the same year, a song from the movie, Ariana Grande's version of "Popular", was leaked via Mattel-produced singing dolls, causing minor backlash. On June 2, 2025, Mattel announced a combination of its audiovisual divisions; Mattel Films and Mattel Television (alternatively known internally as ''Mattel Television Studios''), into a successor division named ''Mattel Studios'', which will not only serve both functions, but also discontinue them as separate divisions within the company.<< This could be seen as a revival of the brand/banner Mattel used occasionally or sparingly between 2011 and 2013 in place of their logo in the closing credits, end credits for media entries for ''Monster High'', ''Ever After High'' and ''
Polly Pocket Polly Pocket is a toy line of inch-tall dolls and accessories sold by Mattel. The line was founded and designed by Chris Wiggs in 1983 and was first sold to the public in 1989. Between 2012 and 2018, it was not sold in the US in 2012 and decli ...
''. Consequently/Consequentially, productions in development at both Mattel Films and Mattel Television will be absorbed into/transferred to this division. With the announcement, Mattel promoted and transferred the head of their filming division, Mattel Films, Robbie Brenner, to the new division as president and its chief content officer. Mattel Studios also named former Legendary Entertainment executive vice president of television and digital media, Jennifer Breslow, the head of its television section and Darian Lanzetta, a former motion picture literary agent at the Creative Artists Agency (CAA) and Tom McNulty, former principal/president at MC Squared Media as co-heads of its filming section. All these three are expected to report to Brenner in the future media decisions of Mattel.


Media and entertainment ventures

Mattel has a long history of media engagement since its foundation with the advertising of products from its brands including ''Barbie'', ''Monster High'' and ''Polly Pocket'', but the venture into full-time entertainment began in May, 1970, when it teamed up with producer Robert B. Radnitz to form a joint venture film production company, "''Radnitz/Mattel Productions''".
Masters of the Universe ''Masters of the Universe'' (sometimes referred to as the ''He-Man'' or ''She-Ra'' series) is a sword and planet-themed media franchise created by Mattel. The main premise revolves around the conflict between He-Man (the alter ego of Prince A ...
and its lead character
He-Man He-Man is a superhero and the protagonist of the sword and planet ''Masters of the Universe'' franchise, which includes a toy line, several animated television series, comic books, and a feature film. He-Man is characterized by his superhuman s ...
had He-Man and the Masters of the Universe, a cartoon series which released between 1983 and 1985 and was followed by Masters of the Universe (1987 film), a live-action film in 1987. In 1986, Mattel launched a television syndication unit; ''MTS Entertainment'', headed by John M. Weens, to distribute the ''Captain Power and the Soldiers of the Future'' syndicated television show. ''My Scene'', with Mattel's flagship ''Barbie'' brand, launched in 2002 and wasted little time in invoking a film franchise of DVD-exclusive/direct-to-DVD animated films. "''Polly Pocket''", which was originally founded and designed by Chris Wiggs in 1983 for his daughter Kate as a private toy and from 1989 housed in Bluebird Toys which Mattel acquired in 1998, also followed suit. With Lionsgate Home Entertainment, Lionsgate and its acquired and merged companies in Artisan Entertainment and Family Home Entertainment, Mattel's flagship
Barbie Barbie is a fashion doll created by American businesswoman Ruth Handler, manufactured by American toy and entertainment company Mattel and introduced on March 9, 1959. The toy was based on the German Bild Lilli doll, Bild Lilli doll which Hand ...
brand was adapted into list of Barbie films, a series of successful animated direct-to-video films, which moved to Universal Pictures Home Entertainment, Universal in late 2006. As of September 2021 it has been jointly handled by Mill Creek Entertainment and NCircle Entertainment, with the latter solely for American retailers. Monster High followed Barbie just months after its launch in 2010 and many “
American Girl American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old girls of various ethnicities, faiths, nationalities, and social classes throughout different time periods ...
” films were made. Mattel agreed to purchase HIT Entertainment without the stake in Universal Kids, the Sprout TV channel (formerly ''PBS Kids Sprout'' and now ''Universal Kids'') from Apax Partners on 25 October 2011, for $680 million, which closed on 1 February 2012, making it part of its Fisher-Price division. HIT Entertainment was absorbed into Mattel Creations (now ''Mattel Television'') in 2016 with its intellectual property (IP) brands shared equally between itself and Mattel Films upon the latter's formation on September 6, 2018. On October 16, 2013, with reports of high profitability, Mattel launched an in-house film studio, Mattel Playground Productions (shortened to Mattel PGP or just PGP) as its in-house film studio to handle multimedia productions and foster creative storytelling for its brands for global multi-platform distribution. Mattel formed a division named ''Mattel Creations'' on March 30, 2016, to absorb Mattel Playground Productions, HIT Entertainment and the
American Girl American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old girls of various ethnicities, faiths, nationalities, and social classes throughout different time periods ...
content creation team in Middleton, Wisconsin and centralize its multimedia content output. Mattel Playground Productions was revived as Mattel Films on September 6, 2018, and it solely bases its films on its brands as opposed to its predecessor. The 2023 movie ''Barbie (film), Barbie'' was the first movie released by Mattel Films. Mattel reorganized Mattel Creations renaming it to Mattel Television on 5 February 2019, hiring former Disney Branded Television programming executive Adam Bonnett as its head. Mattel announced it started construction on the Mattel Adventure Park, slated to open in 2024 in Glendale, Arizona. The 9-acre park will include popular Mattel brands including Barbie, Hot Wheels, Thomas & Friends and Uno. It will have multiple themed-roller coaster rides amongst other attractions. Mattel announced a new game called ''Pictionary Vs. AI'' in September 2023. It is a version of its visual guessing game where an AI model does all the guessing. A smartphone is used as the medium. Players draw cards that assign a given word, then draw whatever that word is before letting AI guess what they've drawn.


Mattel Digital Gaming

Mattel has expanded its presence in digital gaming, including video games, mobile games, NFTs, and Web3. In 2017, Mattel and tech startup Osmo launched ''MindRacer'', a Hot Wheels racing game for the iPad. The first game to be released, ''UNO!'', originally launched for Facebook Gaming, Facebook Instant Games and was later available for iOS and Android (operating system), Android. Other mobile and video games include: * ''Phase 10: World Tour'' (2019) * ''Hot Wheels Infinite Loop'' (2019) * ''Hot Wheels Open World'' (2020) * ''Skip-Bo'' (2021) * ''Hot Wheels Unleashed'' (2021) * ''He-Man and the Masters of the Universe: You have the Power'' (2022)


Hot Wheels

In September 2021, Mattel and Milestone released ''Hot Wheels Unleashed'' on PC, PS4, PS5, Xbox One, Xbox Series X, S, and Nintendo Switch. In the arcade-style racing game, based on the ''Hot Wheels'' toyline, players race customizable Hot Wheels cars in everyday settings like kitchens and bedrooms. Players had the opportunity to submit their car designs in the “Hot Wheels Unleashed Design Battle,” and the winning design was used to create a Hot Wheels toy available for purchase in December 2022. The contest ran between January, 2022 and February 2022, and more than 10,000 livery designs for the Hot Wheels Rodger Dodger die-cast model were submitted using the in-game Livery Editor. The winning Rodger Dodger was transformed into a real Hot Wheels toy made available for purchase globally December 2022. In June 2022, Hot Wheels partnered with the Forza Horizon 5 video game to reveal a Hot Wheels expansion pack in-game.


He-Man and the Masters of the Universe

In April 2022, Mattel launched a new game on Roblox inspired by the ''He-Man and the Masters of the Universe'' toy line and Netflix Series. Developed by Gamefan, ''He-Man and the Masters of the Universe: You have the Power'' is a player-versus-player (PvP) battle-style game available through Roblox on Xbox One, PC and mobile devices. In December 2022, Mattel made three ''Masters of the Universe'' characters available for purchase on Rec Room, a virtual reality multiplayer online game. For a limited time in November 2022, ''Masters of the Universe'' characters joined ''Fall Guys'' a free battle royale-style game on Nintendo Switch, PlayStation, Xbox, and PC. Mattel and video game developer Mediatonic later released Masters of the Universe figurines in the style of ''Fall Guys.''


Minecraft

In January 2023, Mattel, Minecraft, and Cyclone Designs released the ''Minecraft Creator Series Camp Enderwood'' DLC map, in addition to the new ''Minecraft'' toy line released the previous year. In ''Camp Enderwood'', a free download from the Minecraft Marketplace, players engage in a summer camp experience with activities like fishing and hiking.


Barbie and Polly Pocket

In September 2022, Mattel's Barbie and Polly Pocket characters became available on Roblox's ''Livetopia'', an open-ended, role play-style game. Players also had the chance to explore Barbie's Dreamhouse, in honor of the toy's 60th anniversary. It was announced that a Barbie-themed game called Barbie DreamHouse Tycoon will be coming to Roblox. Players can customize their characters and houses, and they can play career-themed games.


See also

* List of Mattel toys * List of game manufacturers * Bandai * Hasbro * The Lego Group * Spin Master * MGA Entertainment * Tomy *
Barbie Barbie is a fashion doll created by American businesswoman Ruth Handler, manufactured by American toy and entertainment company Mattel and introduced on March 9, 1959. The toy was based on the German Bild Lilli doll, Bild Lilli doll which Hand ...
*
Hot Wheels Hot Wheels is an American media franchise and brand of scale model model car, cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. It was the primary competitor of Matchbox (brand), Matchbox until Mattel bought ...
*
Fisher-Price Fisher-Price, Inc. is an American company that produces educational toys for infants, toddlers and preschoolers, headquartered in East Aurora, New York, East Aurora, New York (state), New York. It was founded in 1930 during the Great Depression ...


References


Further reading

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External links

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