Mattel and Hasbro have announced a multi-year licensing agreement to create co-branded toys and games from some of their most popular brands.
Hasbro will create Barbie branded Monopoly games, launching in autumn, while Mattel will produce Transformers branded Uno games, for release later this year, along with Transformers branded Hot Wheels vehicles, set to debut in early 2024.
Hasbro and Mattel are launching this collaboration against the backdrop of two major theatrical releases this summer, with Hasbro’s Transformers: Rise of the Beasts from Paramount on 9th June and Mattel’s Barbie from Warner Bros. on 21st July.
“We are excited to pair some of the most popular brands together for the first time,” said Nick Karamanos, senior vice president of Entertainment Partnerships at Mattel. “This collaboration features world-class IP, celebrates the timeless appeal of these brands and creates unique play opportunities for fans.”
Casey Collins, president of Global Licensed Consumer Products & Business Development, said: “With the major theatrical releases of the Transformers and Barbie movies in summer 2023, we’re excited to bring brand-new play experiences to fans, families and movie and toy lovers all around the world. Working with iconic brands in pop culture truly showcases our strategy in action, as we continue to expand our product experiences for audiences everywhere.”
According to Circana (formerly NPD), Barbie, Hot Wheels, Uno and Monopoly are the top-selling brands globally in their respective categories of dolls, vehicles, and board games.