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Mattel Films

Mattel Films was the film production division of Mattel, Inc., the American toy and entertainment company, established on September 6, 2018, to develop and produce motion pictures and other content based on Mattel's iconic intellectual properties, including brands like Barbie, Hot Wheels, and American Girl. The division aimed to expand Mattel's entertainment portfolio by partnering with major studios and filmmakers to create high-quality films that leverage the global appeal of its toys. Under the leadership of Robbie Brenner, who joined as president in 2018, Mattel Films achieved significant success with its debut major theatrical release, the 2023 live-action Barbie film directed by Greta Gerwig, which grossed over $1.4 billion worldwide and revitalized interest in the brand. The division's strategy focused on building a cinematic universe around Mattel's franchises, with at least 14 projects announced by 2023, including live-action adaptations of Hot Wheels, Polly Pocket, and Masters of the Universe. Key partnerships included Warner Bros. Pictures for Barbie and Hot Wheels, Amazon MGM Studios for Masters of the Universe (set for 2026 release), and Paramount Pictures for an American Girl feature. Earlier efforts included animated content like Monster High: The Movie (2022) for Nickelodeon. By 2025, Mattel Films had announced additional projects such as a View-Master live-action film with Sony Pictures and a hybrid Whac-A-Mole feature with TriStar Pictures, emphasizing innovative storytelling tied to nostalgic toys. On June 2, 2025, restructured its entertainment operations by merging with to form Mattel Studios, with Brenner elevated to and , and executives Darian Lanzetta and Tom McNulty appointed to oversee development and production. This consolidation aimed to streamline content creation across , television, and digital media, continuing 's push into family entertainment while building on the financial and cultural impact of its initiatives.

History

Pre-2018 divisions

Mattel Playground Productions was launched on October 16, 2013, as an in-house entertainment division under Global Brands to develop and produce multimedia content, including animated series, television shows, and films based on the company's toy properties such as , , and . The studio aimed to create original storytelling across platforms, moving beyond traditional licensing deals to build integrated narratives that could enhance brand engagement and drive toy sales. Led by executives like Josh Berman, the division focused on family-oriented productions that combined live-action and animation to appeal to global audiences. In 2013, Playground Productions expanded into live-action filmmaking with initiatives targeting family-friendly action-adventure stories derived from Mattel's lines, exemplified by the development of the superhero film (2016), which chronicled the origin of the titular character from the long-running toy franchise. Co-produced with Dolphin Films and distributed by , represented Playground's push into theatrical releases but received mixed reviews and underperformed commercially, grossing only a fraction of its production budget. The studio also contributed to animated projects tied to Mattel's brands, including partial oversight on the franchise's early films and webisodes from 2010 to 2016, produced in collaboration with external animators like to expand the doll line's universe through monster-themed adventures. By 2016, Playground Productions faced significant challenges, including escalating production costs for live-action features and disappointing returns that failed to justify in-house investment over lucrative licensing partnerships with established studios. The critical and financial flop of —widely cited as a key setback—highlighted strategic missteps in transitioning IPs to big-screen spectacles without prior theatrical successes. In March 2016, the division was absorbed into the newly formed Mattel Creations, a centralized unit designed to streamline content creation across film, TV, and digital media, effectively ending Playground's independent operations. This restructuring reflected 's broader pivot toward cost-efficient licensing models rather than risky self-financed productions. The experience informed a 2018 revival under Mattel Films, emphasizing collaborative partnerships to mitigate past pitfalls.

Formation and early development

Mattel announced the formation of on September 6, 2018, establishing it as a dedicated division within the company to develop and produce motion pictures based on its extensive portfolio of toy intellectual properties. This move represented a structured revival of Mattel's cinematic ambitions, building on prior ad-hoc efforts to adapt brands for the screen. Robbie Brenner was appointed president of Mattel Films, reporting directly to Mattel Chairman and CEO , with her extensive experience including serving as a on the Oscar-nominated film . Under Brenner's leadership, the division's early strategy emphasized creating high-quality, live-action theatrical releases aimed at family audiences, leveraging partnerships with major studios such as and to co-finance and distribute projects. The initial development slate targeted 10 to 14 films drawn from iconic brands, including for a high-octane action adventure and for a fantasy epic, with an eye toward building interconnected franchises. Among the first specific development deals, Mattel Films partnered with Paramount Pictures in August 2019 to adapt Major Matt Mason, the 1960s astronaut action figure, into a live-action feature starring Tom Hanks and written by Akiva Goldsman. However, the early years were marked by challenges, including multiple script rewrites for key projects like Masters of the Universe, which underwent revisions by writers Art Marcum and Matt Holloway in early 2019 to refine its tone and narrative. These efforts were further complicated by the COVID-19 pandemic starting in 2020, which disrupted pre-production across Hollywood, causing widespread delays in scripting, casting, and studio collaborations for Mattel Films' nascent pipeline.

Expansion and key successes

Following the challenges of the COVID-19 pandemic, Mattel Films accelerated its project development starting in 2021, forging key partnerships with major studios to adapt its intellectual properties for film. This included a deepened collaboration with Warner Bros. Pictures for the live-action Barbie film, which marked a pivotal step in the division's growth strategy. The 2023 release of Barbie, directed by Greta Gerwig and co-written with Noah Baumbach, represented Mattel Films' most significant production to date. Starring Margot Robbie as Barbie and Ryan Gosling as Ken, the film was produced in partnership with Warner Bros. Pictures and grossed $1.45 billion worldwide, becoming the highest-grossing film in Mattel's history and the first to achieve major box office success for the company. Building on this momentum, Mattel Films announced expansions into additional franchises, including a live-action Hot Wheels film developed with Warner Bros. Pictures and a Masters of the Universe adaptation set for release in 2026 through Amazon MGM Studios. These initiatives aimed to establish a "Mattel Cinematic Universe," interconnecting various toy-based properties to create a shared storytelling ecosystem. Under the leadership of President , who joined in 2018, the division secured high-profile talent and deals that expanded its slate to over 14 projects in development by mid-2023. Brenner's oversight emphasized creative partnerships and IP leveraging, transforming Mattel's toy brands into cinematic ventures. The success of had a notable financial impact, boosting Mattel's stock by approximately 33% in the lead-up to and immediate aftermath of its release, while generating $125 million in direct from related merchandise and licensing. This windfall enabled further investments in IP adaptations, reinforcing Mattel Films' position as a key driver for the parent company.

Merger into Mattel Studios

On June 2, 2025, Mattel announced the merger of its Mattel Films and Mattel Television divisions into a unified entity named Mattel Studios, aimed at streamlining content production across film, television, and digital platforms. This restructuring positions Mattel to more effectively leverage its intellectual properties in entertainment, building on the momentum from the blockbuster Barbie film. The primary reasons for the merger include achieving cost efficiencies through consolidated operations, enabling integrated storytelling across Mattel's toy IPs, and responding to industry-wide trends in media production. It forms part of Mattel's broader "Optimizing for Profitable Growth" program, which targets $200 million in annualized cost savings by the end of 2026 via streamlining and operational optimizations. As part of the transition, ongoing projects such as the live-action Masters of the Universe film, slated for a June 5, 2026, theatrical release through Amazon MGM Studios, will shift to Mattel Studios' oversight. Robbie Brenner, previously president of Mattel Films, was promoted to lead Mattel Studios, ensuring continuity in creative direction. In the immediate aftermath, implemented layoffs affecting about 120 employees at its El Segundo headquarters in March 2025 as part of its cost-optimization efforts, though company officials confirmed no interruptions to the slate of announced films. Looking ahead, Mattel Studios is envisioned as a hub for collaborating with top creators to develop high-quality content from iconic brands, with plans to expand output in films and series, including ventures into such as a theatrical feature in partnership with Illumination.

Filmography

Released films

Mattel Films' first major theatrical release was the live-action comedy Barbie, directed by Greta Gerwig and starring Margot Robbie as Barbie and Ryan Gosling as Ken. Produced in collaboration with Warner Bros. Pictures, the film follows Stereotypical Barbie as she leaves the idyllic Barbieland for the real world after experiencing existential crises, embarking on a journey of self-discovery alongside Ken, who grapples with newfound ideas of patriarchy. With a production budget of $145 million, Barbie was greenlit in 2019 following years of development on various Barbie film concepts at Mattel. Released on July 21, , Barbie achieved unprecedented commercial success, grossing $1.445 billion worldwide and becoming the highest-grossing film of as well as Warner Bros.' top-earning release ever. It also marked Mattel's most profitable cinematic venture to date, generating approximately $125 million in revenue for the company from shares and related merchandise sales in alone. The film's performance was bolstered by its cultural phenomenon status, including widespread merchandising tie-ins that boosted brand sales by 16% in the third quarter of compared to the prior year. Critically acclaimed for its satirical take on roles and consumerism, earned eight Academy Award nominations at the 96th Oscars, including Best Picture, Best Original Screenplay, and Best Supporting Actor for Gosling, while winning Best Original Song for "." It also secured a Golden Globe for Cinematic and Achievement, highlighting its dual impact on artistry and audience engagement. Prior to the 2023 Barbie release, Mattel Films produced Monster High: The Movie, a live-action musical fantasy directed by and starring Miia Harris as Clawdeen Wolf, alongside other characters from the doll line. Released direct-to-streaming on Paramount+ on October 28, 2022, the film follows Clawdeen, a young , as she navigates life at , a for monsters, while discovering her powers and identity. Produced in collaboration with and , it received mixed reviews but appealed to younger audiences, leading to a , Monster High: The Movie – The Spooktacular Saga Continues, in 2024. In January 2025, the animated feature was released, following a limited theatrical run in December 2024. Directed by , the film stars as Roberto, a Puerto Rican builder confronting community issues on the island, with producing and voicing a role. Distributed by on Prime Video starting January 16, 2025, it reimagines the classic children's series with themes of and construction, receiving positive feedback for its representation and family-friendly storytelling.

Projects in development

Following the success of the 2023 Barbie film and subsequent releases, Mattel Films' projects transitioned to Mattel Studios after the June 2025 merger, with many initiatives in various stages of pre-production or early scripting as of late 2025. The development slate includes adaptations based on Mattel's intellectual properties across genres, with partnerships driving progress despite some delays. One of the most advanced projects is the live-action reboot of Masters of the Universe, a collaboration with Amazon MGM Studios directed by Travis Knight, featuring Nicholas Galitzine as He-Man. The film, centered on the prince of Eternia's battle against evil forces, entered post-production by late 2025, with a scheduled theatrical release on June 5, 2026. Hot Wheels is a family-oriented in development with and ' , directed by , emphasizing high-stakes adventure racing inspired by the toy line's die-cast cars. The script, penned by Juel Taylor and Tony Rettenmaier, builds on the brand's theme of speed and customization, though production timelines have shifted from earlier 2024 targets. The adaptation is a live-action comedy co-developed with and Reese Witherspoon's Hello Sunshine, starring in the title role. It highlights themes of , , and girl empowerment through the doll's shrinking adventures, with and Dan Brier attached as writers following an earlier creative pivot. Among other key initiatives, is a doll adaptation in partnership with and , focusing on historical and inspirational stories tied to the brand's characters. The Barney revival is a live-action with and Daniel Kaluuya's 59% Productions, written by , who is in talks to star, reimagining the purple dinosaur for a modern audience. Major Matt Mason, a space explorer tale starring , remains in script development with adapting the 1960s action figure's lunar exploits. Further projects include the live-action film with , directed by , portraying the daughters of famous monsters in a high school setting. originated as a mystery comedy film but transitioned to a premium live-action series by October 2025, co-developed with and . The heist comedy, set in Atlanta's underground hip-hop scene and involving as a producer, continues in early development despite prior delays. Additional efforts encompass , a live-action family adventure with and , explores the toy's 3D viewer through a story of discovery and imagination; screenwriter Phil Johnston was attached in November 2025. These projects reflect Studios' focus on diverse, IP-driven storytelling, though several, including with , linger in conceptual phases without firm production starts.

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