July 26, 2012 |
The following are some of the Lady Gaga-branded items available for purchase in her official Web store: a USB drive, headphones, tote bags, stickable "body beadz," Christmas cards, sunglasses, temporary tattoos and Bluetooth sets. Noticeably lacking? Action figures. Now, efforts to develop a new Gaga action figure have hit a serious snag. Multiple outlets have reported that MGA Entertainment, the company behind the popular, snotty Bratz doll toy line, has filed a $10-million lawsuit against the pop star.
July 25, 2012 |
Looks like Bratz Dolls won't be sporting a meat dress any time soon. A New York judge denied a request Wednesday by the dolls' makers to immediately order pop star Lady Gaga and her handlers to authorize production of the dolls. MGA Entertainment Inc., which produces Bratz Dolls, filed the order Tuesday, saying it signed a deal with and paid a $1-million advance to Bravado International -- the company that handles Gaga's entertainment merchandising -- to make a doll in her likeness.
February 1, 2012 |
Toy maker Mattel Inc. reported positive fourth-quarter and full-year results Tuesday after healthy holiday sales of core brands and doll lines, including Hot Wheels, American Girl and Barbie. For the three months that ended Dec. 31, the El Segundo company reported a profit of $370.6 million, or $1.07 a share, a 14% jump from $325.2 million, or 89 cents a share, in the same quarter of 2010. Fourth-quarter sales totaled $2.15 billion, a 1% increase from the year-earlier period.
October 15, 2011 |
With Mattel Inc. heading into the most important time of the year for the toy industry, the toy maker reported a 6.2% rise in third-quarter profit and healthy sales increases across several major product lines, including Barbie and "Cars 2" merchandise. Chief Executive Robert A. Eckert said during a call with analysts Friday that merchants were optimistic about holiday toy sales, though many were "managing their inventories overall pretty tightly. " He said Mattel was "keenly focused" on strengthening its core brands and entertainment properties, expanding its international footprint and building its newest franchise, the Monster High line.
August 5, 2011 |
A federal judge ordered toy giant Mattel Inc. to pay bitter rival MGA Entertainment Inc. more than $309 million in damages, fees and other costs in the long-running dispute over the billion-dollar Bratz doll line and rejected Mattel's bid for a new trial. Isaac Larian, the outspoken chief executive of Van Nuys-based MGA, said he was thrilled by the decision by U.S. District Judge David O. Carter, which he called a "step in the right direction. " "I feel vindicated and I'm very excited," he said in an interview.
July 16, 2011 |
Toy giant Mattel Inc. reported Friday that second-quarter profit rose 56%, and company executives hinted that the company's long-running battle with rival MGA Entertainment Inc. over the Bratz doll line wasn't over despite Mattel's recent loss in federal court. The El Segundo company said that for the three months ended June 30, profit totaled $80.5 million, or 23 cents a share, compared with $51.6 million, or 14 cents, a year earlier. Sales increased 14% year-over-year, to $1.16 billion from $1.02 billion.