Hasbro beats Mattel for contract with Disney

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Disney princess dolls will now have a new maker.  Molly Wood
6073502871_a890d371d0_o.jpg
Disney princess dolls will now have a new maker.  Molly Wood

Hasbro beats Mattel for contract with Disney

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On January 1st, a new era in toys is starting.

For decades now, Mattel has had a contract from Disney to manufacture and sell its princess dolls. But in a pretty major toy coup, Mattel’s major rival Hasbro swooped in and stole that $500 million dollar crown.

Claire Suddath wrote about the business dealings behind the switch in Bloomberg Businessweek.