Hasbro loses license for 'Jurassic World' toys to Mattel

July 19, 2016 1:46 PM

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Hasbro loses license for 'Jurassic World' toys to Mattel

Mattel Inc (MAT.O) said it won the license to make merchandise based on "Jurassic World" films, a day after rival Hasbro Inc (HAS.O) announced the termination of the contract with Comcast Corp's (CMCSA.O) NBCUniversal due to disagreement over terms.

The top two U.S. toymakers have been competing for lucrative contracts with Hollywood studios in the past few years as demand for their traditional toys weakens.

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