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Hollywood Inc.
A South Carolina mom is suing Mattel after the toymaker mistakenly printed URL links on ‘Wicked’ dolls’ packaging that directed consumers to a porn site.
Mattel apologizes and pulls its line of ‘Wicked’-themed dolls from stores after misprinting its website link, sending consumers to an adult film site.
Business
Toy maker Mattel has signed a new lease to relocate its studio operations.
Mattel, Lego and other toy companies are targeting a growing number of adults who are buying toys for themselves.
After a private equity firm reportedly approached Mattel with a buyout offer, the El Segundo-based toymaker said it’s confident as an independent company.
Updates
Mattel Corp. will expand its local footprint with the acquisition of the 168,000-square-foot office building at 2160 E. Grand Ave. in El Segundo.
L.A. Influential
With a blockbuster in ‘Barbie’ the movie, Ynon Kreiz has solidified Mattel’s turnaround — and charted its future as an entertainment company.
They are the agitators looking to rewrite the rules of influence and governance.
INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.