Hasbro loses rights for Disney ‘Frozen,’ princess products

HASBRO INC. posted a $428.7 million profit in 2021, a 93% increase from 2020. COURTESY HASBRO INC.
HASBRO INC. posted a $428.7 million profit in 2021, a 93% increase from 2020. COURTESY HASBRO INC.
Toy company Mattel Inc. has won back the licensing rights for Disney's princess and “Frozen" franchises. The reunion comes after Pawtucket-based Hasbro Inc. bested the rights for the “Frozen" and princess products away from Mattel in 2014. Disney released “Frozen” in movie theaters in November 2013, and it became an instant success. “Frozen" and the…

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