MATTEL and LEGO Entering Children Music Market
2020-07-30 CTJPA
It is reported that the sales of children's music increased by 21% on Youtube. Mattel has entered into an exclusive, multi-year global music licensing agreement with Warner Music Group (“WMG”)’s Arts Music division as the sole distributor of Mattel’s current catalog of more than 1,000 songs from brands including Barbie®, Thomas & Friends®, Hot Wheels®, American Girl®, and Fisher-Price®.
In April, The LEGO Group announced an exclusive global partnership with Universal Music Group (UMG), the world’s leading music-based entertainment company, that will enable children around the world to explore their creativity through play and expressing themselves through music.
