By Peter De Keles

Author  Bio The maker of the Barbie doll, Hot Wheels and Fisher-Price toys is buying HIT in a $680m cash deal. It means Mattel will now own all the rights to Thomas the Tank Engine.

Title:	Mattel to buy Thomas the Tank Engine
Publication:	BBC News
Date:	10/24/11
LSOL.com Rating
Category	Business Profile
Overview	Mattel already produces many HIT products under license. "HIT entertainment owns some of the most loved and trusted preschool brands in the world and under Mattel's leadership, I look forward to seeing them grow," said Jeffrey D. Dunn, the president and chief executive of HIT.
URL Link	Link to Story
Click to download the attached file(s): PDF copy of story (42kb)

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Thomas

So, When Mattel obtains the rights to Thomas, will Bachmann still produce the Thomas sets in large scale? If not, maybe we should buy a few sets and squirrel them away for when they are no longer available. I wonder how good a Fisher-Price large scale train would be. Just wondering, I am sure Bachmann's contract to produce the Thomas line will be in place for a long time. Bachmann wouldn't have invested the money in making the molds and tooling, unless they knew they would see a profit.

David A. Maynard - 10/26/2011 - 18:50

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