Mattel Wins Jurassic Park Global Toy License

Mattel Inc. announced Tuesday that it won a global toy licensee deal for Jurassic World beginning in July 2017. Under terms of the deal, Mattel will design, produce and market toy products and games inspired by the Jurassic Park films, including the next film in the series scheduled for release in 2018. "We are honored that NBCUniversal chose Mattel to help bring the Jurassic World brand to life, and we look forward to developing multiple new lines of innovative, engaging toys and products," said Mattel Chief Executive Chris Sinclair. The stock rose 0.6% in premarket trade. It has climbed 20% year to date through Monday, while the S&P 500 has gained 6%. Mattel is scheduled to report second-quarter results after Wednesday's closing bell.