{"id":26775,"date":"2014-09-25T15:33:13","date_gmt":"2014-09-25T07:33:13","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=26775"},"modified":"2014-09-25T12:00:47","modified_gmt":"2014-09-25T04:00:47","slug":"hasbro-puts-a-chill-on-mattel-as-new-disney-deal-gives-it-rights-to-frozen-dolls-in-2016","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/09\/25\/hasbro-puts-a-chill-on-mattel-as-new-disney-deal-gives-it-rights-to-frozen-dolls-in-2016\/","title":{"rendered":"Hasbro puts a chill on Mattel as new Disney deal gives it rights to \u2018Frozen\u2019 dolls in 2016"},"content":{"rendered":"<figure id=\"attachment_26777\" aria-describedby=\"caption-attachment-26777\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/13607500903_0e9bfa8509_z.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-26777\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/13607500903_0e9bfa8509_z.jpg\" alt=\"Photo by Bagcifreak \/ Flickr.\" width=\"640\" height=\"360\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/13607500903_0e9bfa8509_z.jpg 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/13607500903_0e9bfa8509_z-300x168.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/13607500903_0e9bfa8509_z-600x338.jpg 600w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-26777\" class=\"wp-caption-text\">Photo by <a href=\"https:\/\/www.flickr.com\/photos\/bratzbagci\/13607500903\/\" target=\"_blank\">Bagcifreak<\/a> \/ Flickr.<\/figcaption><\/figure>\n<p>NEW YORK\u2014The toy wars just got a bit colder thanks to Disney\u2019s \u2018Frozen,\u2019 with Hasbro wrestling the rights for dolls from the hit movie away from its rival Mattel.<\/p>\n<p>Hasbro Inc. announced Wednesday that its new deal with Disney Consumer Products will give it global rights\u2014with the exception of Japan\u2014to develop dolls based on \u2018Frozen.\u2019<\/p>\n<p>The Pawtucket, Rhode Island-based toy company will also make dolls based on Disney Princess stories and characters including Cinderella, Beauty and The Beast and The Little Mermaid.<\/p>\n<p>Disney Consumer Products spokeswoman Joss Hastings said in an interview that the rights for the \u2018Frozen\u2019 dolls will shift from Mattel to Hasbro in the spring of 2016.<\/p>\n<p>The Hasbro agreement will also include clothing and accessories for the dolls, she added.<\/p>\n<p>Disney released \u2018Frozen\u2019 in movie theatres in November 2013, and it has become the fifth-highest grossing film of all time.<\/p>\n<p>It has spawned a hugely successful soundtrack, won Oscars and sent children clamouring to their parents for any toys or other products tied to it. While Disney had trouble keeping up with product demand last year, the company has since ramped up efforts to ensure that plenty of items are available for 2014\u2019s holiday shopping season and beyond.<\/p>\n<p>Hasbro\u2019s new deal with Disney expands on their existing relationship, having already teamed up on \u2018Star Wars\u2019 and Marvel properties. It will also strengthen Hasbro\u2019s position in the girls category, where it already has popular toys from brands such as My Little Pony and Nerf Rebelle.<\/p>\n<p>Losing the rights to the \u2018Frozen\u2019 dolls will be a bit of a blow to Mattel Inc. In July Chairman and CEO Bryan Stockton said during a conference call that the \u2018star\u2019 in the second quarter was its \u2018Frozen\u2019 product line and that it was \u2018continuing to chase demand there.\u2019 The popularity of the toys helped Mattel to offset weakness in Barbie sales, which dropped 15 per cent in the quarter.<\/p>\n<p>But Mattel spokesman Alex Clark said in an interview that the company\u2019s doll portfolio remains strong, thanks to its mix of brands such as Monster High and Ever After High.<\/p>\n<p>Clark said Mattel has a longstanding relationship with Disney and considers them a valuable partner. Aside from the \u2018Frozen\u2019 dolls, the two companies have teamed on a number of other products together including those tied to the \u2018Cars\u2019 and \u2018Planes\u2019 movies and the \u2018Jake and the Neverland Pirates\u2019 television show.<\/p>\n<p>Clark said Mattel will continue to sell \u2018Frozen\u2019 products through the end of next year and respects Disney\u2019s decision to move forward with a partnership with Hasbro.<\/p>\n<p>Hasbro\u2019s stock gained $2.62, or 5 per cent, to $55.56 in afternoon trading. Shares of El Segundo, California-based Mattel shed 47 cents to $31.60, while The Walt Disney Co.\u2019s stock rose 87 cents to $89.18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK\u2014The toy wars just got a bit colder thanks to Disney\u2019s \u2018Frozen,\u2019 with Hasbro wrestling the rights for dolls &hellip;<\/p>\n","protected":false},"author":44,"featured_media":26777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[106],"tags":[],"class_list":["post-26775","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hollywood","mauthors-michelle-chapman","mauthors-the-associated-press"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/26775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=26775"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/26775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/26777"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=26775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=26775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=26775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}