Saban Brands and Mattel Partner to Produce Power Rangers Hot Wheels Cars
Collaboration on toy products continues growth of Power Rangers brand
LOS ANGELES (June 12, 2012) - Saban Brands and Mattel have partnered to produce a line of Power Rangers inspired Hot Wheels vehicles, targeted for release in 2013, that capture the action and excitement of the Power Rangers series. The toys will be based on the next installment of the series, Power Rangers Megaforce, which will air beginning in 2013.
"With the many iconic toy brands managed by Mattel, our partnership with the company is a natural progression for Power Rangers, which continues to grow at an incredible rate," said Elie Dekel, President, Saban Brands. "We look forward to working with Mattel and introducing toys that are sure to excite Power Rangers fans everywhere."
"We look forward to celebrating the Power Rangers 20-year anniversary in 2013 with a captivating and authentic line of Hot Wheels vehicles and play sets," said Simon Waldron, vice president marketing, wheels, Mattel. "Partnering with Saban gives us the opportunity to bring two iconic brands together in a fun and meaningful way."
Saban Brands' Power Ranger Super Samurai, currently airing Saturdays at noon/11 central on Nickelodeon, has become the number one kids action series on television. In addition, the company has seen dramatic growth in licensees and product categories for its Power Rangers property since re-acquiring the brand in 2010.
Following its introduction in 1993, Power Rangers quickly became the most watched children's television program in the United States. Emphasizing the importance of teamwork, responsibility and helping others by following the adventures of a group of ordinary young people who "morphed" into superheroes, the series was seen in more than 60 countries, translated into numerous languages, and was a mainstay in the most prominent international children's programming blocks.
Saban Brands' Power Rangers Megaforce
Saban Brands will launch the newest version of Power Rangers, the number-one kids action series on television, with Power Rangers Megaforce. The new series, which premieres in 2013, will deliver mega action, humor, excitement, and entertainment, in addition to the core themes of friendship, teamwork, fitness, and helping others. Power Rangers Megaforce will air as Saban Brands celebrates the 20th Anniversary of the Power Rangers franchise. The series will be helmed by Haim Saban, who created and produced the original Mighty Morphin Power Rangers series in 1993. Following its introduction, Power Rangers quickly became the most-watched children's television program in the United States. The series followed the adventures of a group of ordinary young people who "morphed" into superheroes. It was seen in more than 60 countries, translated into numerous languages, and was a mainstay in the most prominent international children's programming blocks. Power Rangers LLC, which licenses and merchandises the Power Rangers brand, is an affiliate of Saban Brands. For more information, visit http://www.powerrangers.com.
About Saban Brands
Formed in 2010 as a subsidiary of Saban Capital Group, Saban Brands (SB) was established to acquire and develop a world-class portfolio of properties and capitalize on the company's experience, track record and capabilities in growing and monetizing consumer brands. SB applies a strategic transmedia management approach to enhancing and extending its brands in markets worldwide and to consumers of all ages. The company provides full-service management, marketing, promotion and strategic business development for its intellectual properties including comprehensive strategies unique to each brand, trademark and copyright management and enforcement, creative design, retail development, direct-to-consumer initiatives and specialized property extensions. SB is led by a superior management team with decades of experience in media, content creation, branding, licensing, marketing and finance. For more information, visit http://www.sabanbrands.com
Mattel, Inc. (NASDAQ:MAT) (http://www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Hot Wheels® RC, as well as Fisher-Price® brands, including Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. In 2011, Mattel was named as one of FORTUNE Magazine's "100 Best Companies to Work For" for the fourth year in a row, and also is ranked among Corporate Responsibility Magazine's "100 Best Corporate Citizens." With worldwide headquarters in El Segundo, Calif., Mattel employs approximately 30,000 people in 43 countries and territories and sells products in more than 150 nations. At Mattel, we are "Creating the Future of Play™."