Paramount Skydance (PSKY) and Mattel (MAT) said late Tuesday they entered into a global, multiyear licensing deal to develop and market a wide range of products for the Teenage Mutant Ninja Turtles brand.
Financial details weren't provided.
Products such as action figures, play sets and accessories, vehicles, games, and collectibles for the brand will be available across retailers, starting in 2027, the companies said.
Mattel will also develop new product lines for the animated movie sequel "Teenage Mutant Ninja Turtles: Mutant Mayhem 2" for 2027, and a new untitled Teenage Mutant Ninja Turtles live-action/computer graphics animation hybrid in 2028, they added.
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