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Mattel wins rights to make toys based on 'Jurassic World' films

Published 07/19/2016, 09:20 AM
Updated 07/19/2016, 09:30 AM
© Reuters. Plastic made Barbie figures of U.S. toy manufacturer Mattel are seen inside a basket at a children's indoor playing area in Hanau near Frankfurt

(Reuters) - Mattel Inc (O:MAT) said on Tuesday that it had won the rights to make toys based on "Jurassic World" films from July next year.

The announcement comes a day after smaller rival Hasbro Inc (O:HAS), which held the license, said it did not renew its contract with Comcast Corp's (O:CMCSA) NBCUniversal as they could not agree on terms.

Under the terms of the deal with NBCUniversal, Mattel will design, produce and sell a wide variety of toys and consumer products based on the franchise.

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