Mattel Launches a New Film Division to Help Revitalize Sales

Toy maker Mattel just opened a new division, Mattel Films, to develop and produce movies based on its brands and headed up by Academy Award-nominated producer Robbie Brenner. Known for her work on “Dallas Buyers Club,” “Mirror Mirror” and “The Fighter,” Brenner will report directly to Mattel chief executive/chair Ynon Kreiz, a media and entertainment veteran, who has worked on children’s content. The new division could help bolster Mattel, which has seen slumping sales since the shuttering of Toys R Us. Continue reading Mattel Launches a New Film Division to Help Revitalize Sales

Toymaker Hasbro in Talks to Purchase DreamWorks Animation

Rhode Island-based Hasbro, manufacturer of popular toys including G.I. Joe, Mr. Potato Head, My Little Pony and Transformers, is reportedly in advanced talks to acquire DreamWorks Animation. Hasbro would pay a mix of cash and stock according to current terms of the proposed deal. DreamWorks CEO Jeffrey Katzenberg is said to be looking for more than $30 a share for the sale. The news comes shortly after Japanese telecom SoftBank was reported to be a prospective buyer. Continue reading Toymaker Hasbro in Talks to Purchase DreamWorks Animation

Shapeways, Hasbro Allow Artists to Sell 3D Fan Art and More

3D printing and shipping company Shapeways is allowing any user to upload and sell content that features Hasbro characters. As part of the new agreement, Shapeways, Hasbro and the artist are all compensated. Many copyright holders see 3D printing as a modern version of pirating, as it takes little effort to download and print an object. With this new model, however, if an item costs $30, then Shapeways receives $20 for material and manufacturing, while Hasbro receives $3.50 and the artist receives $6.50.  Continue reading Shapeways, Hasbro Allow Artists to Sell 3D Fan Art and More

First Commercial Installation of Laser Projector Scheduled

The first commercial installation of a laser movie projector is scheduled for early next year at Seattle Cinerama, a theater owned by Microsoft co-founder Paul Allen. The theater will be the first to acquire Christie Digital’s laser projector, as the technology has just been approved by the FDA. While laser projectors are more expensive than current systems, they are expected to improve 3D projection and eliminate the need to replace bulbs and cool projection booths. Continue reading First Commercial Installation of Laser Projector Scheduled