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Mattel says ‘Barbie’ film a ‘milestone moment’ for the company

Mattel says ‘Barbie’ film a ‘milestone moment’ for the company

Mattel (MAT) says “Barbie” opened to “incredible success.” Says success of first weekend made it “more than a movie,” but rather a “phenomenon.” Says company could not be prouder of achievements of Greta Gerwig, Warner Bros. (WBD), and the cast. Says film a ‘milestone moment’ for the company. Says “Barbie” success speaks to potential and value of IP in film space. Comments taken from Q2 earnings conference call.

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