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Mattel Announces Barney Franchise Relaunch

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Mattel, Inc. (NASDAQ: MAT) has announced the relaunch of the iconic Barney brand, which will include new TV and film content, toys, music, and apparel. The revitalization aims to introduce Barney to a new generation while tapping into the nostalgia of previous fans. A new animated series for preschoolers is set to debut globally in 2024, co-produced with Nelvana. This move reflects Mattel's strategy to leverage its extensive intellectual property portfolio, having successfully revived properties like Monster High and Masters of the Universe recently. The company aims to inspire children with Barney's timeless message of love and kindness.

Positive
  • Relaunch of Barney brand targeting a new generation and parents nostalgic for the franchise.
  • New animated series will debut in 2024, expanding Mattel's product offerings.
  • Collaborative production with Nelvana, a reputable content producer, enhancing content quality.
Negative
  • None.

The global reintroduction of the famed Barney brand will include TV, film, toys, music, apparel, and more

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (NASDAQ: MAT) announced today its relaunch of the iconic Barney franchise. Mattel’s comprehensive revitalization of the Barney brand will span television, film, and YouTube content as well as music and a full range of kids’ products including toys, books, clothing, and more. Apparel and accessories for adult fans, featuring classic Barney, are also in development.

The first look at Mattel's new take on Barney the dinosaur. (Graphic: Business Wire)

The first look at Mattel's new take on Barney the dinosaur. (Graphic: Business Wire)

Mattel will relaunch Barney to a new generation with a brand-new animated series, set to debut globally in 2024. Created for preschool kids, the series will feature the ubiquitous purple dinosaur and friends, introducing new audiences to the world of Barney through music-filled adventures centered on love, community, and encouragement. The series will be co-produced by Corus Entertainment’s Nelvana, a leading international producer and distributor of children’s animated and live-action content, together with Mattel Television and executive produced by Fred Soulie and Christopher Keenan for Mattel Television and by Colin Bohm, Doug Murphy, and Pam Westman for Nelvana.

Mattel’s Barney relaunch is emblematic of the company’s strategy to mine the incredible depth and breadth of its IP portfolio to relaunch heritage franchises. Most recently, Mattel successfully brought back its Monster High property and relaunched its popular 1980s Masters of the Universe franchise, both with new content and consumer products programs.

“Barney’s message of love and kindness has stood the test of time,” said Josh Silverman, Chief Franchise Officer and Global Head of Consumer Products at Mattel. “We will tap into the nostalgia of the generations who grew up with Barney, now parents themselves, and introduce the iconic purple dinosaur to a new generation of kids and families around the world across content, products, and experiences.”

“In creating the new series, it was important to us that we properly reflect the world that kids today live in so that the series can deliver meaningful lessons about navigating it,” said Fred Soulie, SVP and General Manager of Mattel Television. “With our modern take on Barney, we hope to inspire the next generation to listen, care, and dream big. We think that parents, many of whom will fondly remember the original Barney from their own childhoods, will love the show, too.”

Fans can stay up to date with the latest announcements related to Barney by following @Mattel on Facebook and Instagram.

About Mattel

Mattel is a leading global toy company and owner of one of the strongest catalogs of children’s and family entertainment franchises in the world. We create innovative products and experiences that inspire, entertain, and develop children through play. We engage consumers through our portfolio of iconic brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends®, UNO®, Masters of the Universe®, Monster High® and MEGA®, as well as other popular intellectual properties that we own or license in partnership with global entertainment companies. Our offerings include film and television content, gaming, music, and live events. We operate in 35 locations and our products are available in more than 150 countries in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering children to explore the wonder of childhood and reach their full potential. Visit us online at mattel.com.

About Nelvana

Entertaining kids for over 50 years, Nelvana is a world-leading international producer and distributor of children's animated and live-action content. Nelvana produces a stable of award-winning and globally renowned brands that focus on comedies, preschool and action series, and ancillary consumer products programs. Nelvana's content airs on Corus Entertainment's kids channels in Canada and in over 180 countries around the world. The Nelvana library has well over 4,800 episodes of programming and has received over 70 major international program awards including Emmys® and Canadian Screen Awards. Visit the Nelvana website at nelvana.com.

Niki Kazakos

Mattel

Niki.Kazakos@mattel.com

Casey McDonald

Mattel

Casey.McDonald@mattel.com

Source: Mattel, Inc.

FAQ

What is Mattel's new Barney franchise launch date?

The new Barney animated series is set to debut globally in 2024.

How is Mattel planning to relaunch the Barney brand?

Mattel plans to relaunch the Barney brand through TV, film, toys, music, and apparel.

Which company is co-producing the new Barney series?

The new Barney series is co-produced with Nelvana.

What is the significance of the Barney relaunch for Mattel?

The relaunch reflects Mattel's strategy to utilize its extensive IP portfolio and target both new and nostalgic audiences.

What age group is the new Barney series aimed at?

The new Barney series is designed for preschool children.

Mattel, Inc.

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