Toymaker Mattel won't unveil its first product with OpenAI this year as originally hoped, Axios has confirmed. Why it matters ...

“Thomas the Tank Engine,” “Bob the Builder” and “Barney” (the dinosaur) and the other children’s brands owned by HIT Entertainment are all going to Mattel. The purchase price of $680 million in cash ...

Mattel, Inc. (NASDAQ:MAT) announced today that it has entered into an agreement to acquire HIT Entertainment for $680 million in cash from a consortium led by Apax Partners funds. HIT Entertainment ...

Mattel has been in desperate need of a hit toy. After reporting that Barbie sales had plunged, again, in the final quarter of last year, the El Segundo toymaker’s interim Chief Executive Christopher ...

Mattel Inc. has completed its $680 million acquisition of HIT Entertainment, which owns the “Thomas & Friends” franchise. The seller is a consortium of funds led by Apax Partners. HIT Entertainment is ...

Financial disclosure filings describe a ransomware attack that delivered a weak punch. Top toymaker Mattel revealed it was a victim of a ransomware attack that successfully encrypted some data and ...

The hit musical rendition of the prequel to the Wizard of Oz is set to open in theaters Nov. 22, and retailers have taken advantage of its mass popularity. But the fantastical story also appeals to ...

LONDON — U.S. toy giant Mattel is close to a £500 million ($786 million) deal to buy Hit Entertainment, owner of such tyke fare as “Bob the Builder” and “Thomas the Tank Engine.” Mattel is in final ...

Toy company Mattel Inc (NASDAQ:MAT) beat analyst estimates for first-quarter revenue and earnings per share Monday. Attention now turns to the impact of President Donald Trump’s tariffs, with the ...