Hasbro and Mattel shares rise following Disney's Frozen 2 announcement - ToyNews

Hasbro and Mattel shares rise following Disney's Frozen 2 announcement

Toy manufacturers have seen a surge in shares on the expectation that the two would benefit from sales of new Frozen merchandise.
Author:
Publish date:
2 Frozen.png

Global toy firms Mattel and Hasbro are reporting a jump in shares following Disney’s announcement of an upcoming Frozen 2 feature.

Toy company investors have helped the toy manufacturers see a surge in shares on the expectation that the two would benefit from sales of new Frozen related merchandise.

Mattel shares rose 5.7 per cent at $26.01, while Hasbro witnessed a 1.4 per cent increase, to trade at $61.62.

Financial Times reports that the license to make Frozen and other Disney princess dolls will go to Hasbro from the start of 2016.

Related

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.