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Shares of the toymaker rose marginally in extended trading after
it also said Lindsey Anderson Beer, who wrote the Netflix film
"Sierra Burgess is a Loser", would write the screenplay and
produce the film.
Margot Robbie-starrer "Barbie", released in July, recorded the
biggest opening of the year, which Mattel in October said was
expected to contribute more than $125 million towards its Dolls
segment's key gross billings measure in 2023.
"American Girl" was founded in 1986 by Pleasant Rowland, a
teacher-turned-entrepreneur who set out to celebrate girlhood
with beautiful dolls and adventurous books that would nourish a
child's imagination and provide education and entertainment.
Paramount Pictures, a unit of media and entertainment company
Paramount Global, has produced several film franchises including
"Mission Impossible", while Temple Hill Entertainment has
produced films including "The Fault in Our Stars".
(Reporting by Granth Vanaik in Bengaluru; Editing by Shinjini
Ganguli)
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