August 28, 2008 |
The federal jury award in the legal battle between Mattel Inc. and MGA Entertainment Inc. left a key issue unresolved: Can MGA continue to market the popular Bratz doll line? Mattel attorneys said they intended to file an injunction to stop MGA from making more Bratz dolls in the wake of Tuesday's verdict, which held MGA, Chief Executive Isaac Larian and subsidiary MGA Hong Kong liable for copyright infringement and awarded $10 million in damages. The panel also awarded Mattel about $90 million for three causes of action related to breach of contract.
July 26, 2008 |
There's big trouble in the dollhouse. One of the jurors in the Barbie vs. Bratz trial -- in which toy giant Mattel Inc. already has scored a major victory over rival MGA Entertainment Inc. -- was removed Friday for making slurs about the ethnicity of Isaac Larian, the Iranian-born chief executive of MGA. A court order said the juror remarks characterized Iranians as "stubborn, rude" and as "thieves" who have "stolen other person's ideas."
March 12, 2010 |
MGA Entertainment Inc., the maker of Bratz dolls and other toys, may sell shares in an initial public offering, Chief Executive Isaac Larian said Thursday. But plans to go public are still far off, with Larian saying in an e-mail from Italy that it would happen "eventually." "It will be a few years before we can rebuild our company," he said. Van Nuys-based MGA makes toys, games, consumer electronics, home decor, stationery and sporting goods. Its toys include Little Tikes, Moxie Girlz and Rescue Pets, but the company is best known for its sexily dressed Bratz dolls, which are at the center of a bitter copyright dispute between MGA and toy giant Mattel Inc. Gerrick Johnson, a toy analyst at BMO Capital Markets, said he thought a public offering would be well-received by the investment community and would help MGA gain access to capital as it looks to expand its product lines.
September 12, 2006 |
MGA Entertainment Inc., the maker of puffy-lip Bratz dolls, is getting ready to add toys for its main customers' younger siblings. The Van Nuys-based doll and electronics company said Monday that it was buying Little Tikes -- the maker of plastic toddler outdoor sets, toy cars and play kitchens -- for an undisclosed sum from Newell Rubbermaid. MGA said it expected the deal to close in the fourth quarter of this year.
November 11, 2008 |
The Barbie vs. Bratz case was back in federal court Monday, and it was clear Barbie-maker Mattel wanted all the dolls in the toy box. Based on a trial victory in July, Mattel Inc. asked the court not only to stop MGA Entertainment Inc. from making the sassy Bratz, but also to require the Van Nuys company to turn over all its dolls, including those already in stores. Mattel, which won the rights to early drawings of the rival doll after weeks of contentious testimony, even wants the Bratz name.
December 4, 2003 |
The maker of Bratz dolls -- the most successful girls' fashion toy since Barbie was born more than 40 years ago -- is launching a younger girls' line to challenge Mattel Inc.'s legendary bombshell. North Hills-based MGA Entertainment Inc. said Wednesday that 4Ever Best Friends, a pair of pre-adolescent fashion dolls that hold hands and come in more than 250 variations, would be available in limited quantities at Toys R Us and Wal-Mart stores before Christmas.
June 27, 2012 |
Imagine where the U.S. economy would be today if John Jacob Astor, Cornelius Vanderbilt, Andrew Carnegie or any of the magnates who helped turn America into an industrialized society had been gunned down by a revolutionary firing squad. In 1979, that is what happened in Iran to my grandfather, Habib Elghanian, Iran's most prominent Jewish industrialist and philanthropist. My grandfather's execution was not only a personal loss but a turning point for Iran. His execution and the subsequent fleeing of businessmen from Iran contributed to derailing the country's chances of building a modern, diversified, export-based economy, and foreshadowed Iran's neglect of its most valuable resource: its people.
December 5, 2008 |
Day One: Bratz held hostage. The fate of the hugely popular dolls -- either beloved fashionistas or streetwalkers-in-training, depending on whom you talk to -- was unclear Thursday in the wake of a federal court order that handed the rights to the dolls and the Bratz name to the biggest toy maker of them all: Mattel Inc. Also in limbo was the fate of MGA Entertainment Inc.
August 5, 2008 |
The Barbie vs. Bratz fight in federal court will go on. U.S. District Judge Stephen Larson in Riverside on Monday denied a motion to declare a mistrial sought by the maker of the lucrative Bratz doll, MGA Entertainment Inc., because of a juror's ethnic slur. The jury already had found that MGA and its chief executive, Iranian-born Isaac Larian, had improperly aided a Mattel Inc. Barbie designer who created the concept in violation of his Mattel contract.
July 18, 2008 |
In the battle of the doll makers, the house that Barbie built won a sweeping court victory Thursday, accessories and all. A federal jury found that a Mattel Inc. designer created the lucrative Bratz doll concept while he worked at Mattel under an exclusivity contract. It was a scathing defeat for MGA Entertainment Inc., which introduced the dolls -- known for big heads, pouty lips and bare-midriff outfits -- in 2001.