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BUSINESS
January 18, 2011 | By Andrea Chang, Los Angeles Times
It's the Battle of the Bratz, the sequel. Bitter toy rivals Mattel Inc. and MGA Entertainment Inc. were back in court Tuesday to renew their years-long battle over who owns the billion-dollar Bratz, the sexy-with-an-attitude dolls that debuted a decade ago and deeply cut into Mattel's Barbie empire. During the first trial in 2008, a jury in Riverside found that Bratz inventor and former Barbie designer Carter Bryant was in Mattel's employ when he developed the concept for the immensely popular dolls.
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BUSINESS
April 22, 2011 | By Andrea Chang, Los Angeles Times
Score one for the little guy. In siding with MGA Entertainment Inc. over rival Mattel Inc. in the retrial over who owns the rights to the billion-dollar Bratz doll franchise, a federal jury said the toy giant had not proved its allegations of copyright infringement. What's more, some jurors said they sympathized with MGA's plight as a small company trying to compete with the industry behemoth. "I don't think anyone should be able to bully someone and own everything," said juror Nadine Done, 22. The eight-person jury unanimously rejected Mattel's copyright infringement claims; said Mattel did not own the rights to the dolls, early models or sketches; and said MGA did not steal trade secrets.
BUSINESS
December 25, 2003 | Abigail Goldman, Times Staff Writer
Liliya Shlyakman stood in the doll department at a Los Angeles Toys R Us store just before the holidays, oblivious to everything except a wall of big-eyed dolls in tight clothes. Mattel Inc.'s Barbie didn't get a passing glance from the 10-year-old girl. She dismissed the company's new hip-hop-themed Flavas dolls with a crinkled nose.
BUSINESS
February 11, 2011 | By Andrea Chang, Los Angeles Times
The bitter battle over ownership of the Bratz dolls has grown more acrimonious, with toy giant Mattel Inc. seeking a mistrial following scathing remarks made on the stand by the chief executive of rival MGA Entertainment Inc. In his testimony this week, Isaac Larian, the colorful and outspoken head of MGA, contended that the stress from the years-long dispute with Mattel killed his father, destroyed his family and caused Bratz creator Carter Bryant...
BUSINESS
March 12, 2010 | By Andrea Chang
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.
BUSINESS
May 23, 2009 | David Colker
The temporary receiver put in place to oversee MGA Entertainment Inc. has been removed by the federal judge who put him there last month, making company founder Isaac Larian again the sole head of the toy-making outfit. But it's a diminished kingdom. The order issued late Thursday by U.S. District Court Judge Stephen Larson did not alter the fact that Van Nuys-based MGA has to give up by far its most prominent product line -- the Bratz dolls it introduced in 2001.
BUSINESS
March 25, 2005 | From Associated Press
A Chinese manufacturer of Bratz Stylin' Scooters is recalling about 297,000 scooters because the wheels can break or become damaged, which can lead users to fall or suffer injuries, the Consumer Product Safety Commission said. The distributor, MGA Entertainment Inc. of Van Nuys, has received six reports of cracked wheels. All the incidents resulted in cuts, scrapes and bruises. In one case, a child suffered a broken arm. The recall includes scooters manufactured by Jurong Dumar Bicycle Inc.
BUSINESS
February 11, 2006 | From Bloomberg News
MGA Entertainment, the maker of Bratz fashion dolls, may sell shares to the public as early as this year, Chief Executive Isaac Larian said Friday. The Van Nuys company is in talks with investment banks including JPMorgan Chase & Co. and Morgan Stanley, Larian said. MGA is challenging Mattel Inc.'s Barbie with the popularity of the Bratz line of dolls. An initial public offering would help the toy maker expand the Bratz line, which was introduced in 2001.
BUSINESS
April 14, 2005 | From Times Wire Services
Mattel Inc.'s chairman and chief executive, Robert A. Eckert, received $3.6 million in compensation for 2004, excluding stock options, compared with about $12.85 million in 2003. The 2004 figure includes a salary of $1.25 million, a bonus of $984,344 and $1.23 million to cover taxes on a loan forgiven by the company in 2004, according to a regulatory filing.
BUSINESS
December 23, 2006 | From the Associated Press
MGA Entertainment Inc.'s Bratz dolls are made at a factory in southern China where workers are obliged to toil as many as 94 hours a week, labor rights advocates alleged in a report. The report by U.S.-based China Labor Watch and the National Labor Committee details allegations of harsh working conditions, especially during peak delivery months, and of violations of Chinese laws that give workers the right to work-injury and health insurance.
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