Hasbro Swipes Disneys ÷Frozen, Princess Licenses

Hasbro Swipes Disneys ÷Frozen, Princess Licenses

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

Hasbro has secured exclusive licenses for Disney's Frozen and Princess brands, taking them from Mattel. This strategic move positions Hasbro as a leader in the girls' toy category. Analysts express surprise and concern over Mattel's loss, noting its impact on their market position and revenue. Hasbro's innovative approach and prioritization of these brands were key factors in winning Disney's favor. The market for these brands is significant, with potential revenue impacts for both companies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change did Hasbro make in its business strategy?

Secured exclusive licenses for Disney Frozen and Princess brands

Launched a new line of action figures

Partnered with a new toy manufacturer

Discontinued its board games division

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why were analysts surprised by Mattel's loss of the Disney licenses?

Mattel did not aggressively pursue the renewal of the licenses

Mattel had always prioritized Disney brands over others

Mattel had already planned to discontinue Disney products

Mattel's revenue from Disney brands was insignificant

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the estimated revenue generated by Disney brands for Mattel last year?

Quarter of a billion dollars

Two billion dollars

Half a billion dollars

One billion dollars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Hasbro manage to win over Disney for the licenses?

By offering a higher financial bid

By collaborating with another toy company

By providing innovative ways to showcase merchandise

By promising to reduce production costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated size of the toy industry mentioned in the transcript?

$10 billion

$15 billion

$22 billion

$30 billion