Mattel’s Makeover: CEO Ynon Kreiz Reshapes the Toy Giant as a Content Factory
The media veteran who took the reins of Mattel in 2018 outlines the toymaker’s recent turnaround strategy and his focus on mining the IP value locked up in Mattel’s “treasure trove” of toy and game brands. Kreiz is drawing on his deep background as a TV and digital entrepreneur (Fox Kids Network, Endemol, Maker Studios) to guide Mattel through new creative partnerships with Margot Robbie, Tom Hanks, Greta Gerwig, Lena Dunham, Vin Diesel, among other notable stars. Kreiz has grand ambitions of building a Marvel-like universe out of Mattel’s family friend assets. “We’re not making movies to sell more toys,” Kreiz says. “We’re making movies people want to watch.”
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