Mattel for Barbie (film series). Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Mattel sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, banishing Elliot and Ruth Handler from their own company. In 1991, Mattel moved its headquarters from Hawthorne, California to El Segundo, California. Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who
Applause (toy company) KFC, Kellogg's, General Mills, and Pillsbury. In 1998 the company produced fast food toys for "A Bug's Life", "Mulan", "Pokémon" (KFC) and "Godzilla". In 2004 CEO Bob Solomon shot himself after it was apparent that the company was not going to survive. The company filed for bankruptcy shortly after his death. The Applause name was acquired by Russ Berrie in a bankruptcy auction. Applause (toy company) Applause Inc. was a company that produced stuffed toys and collectible figurines. The company produced licensed toys from Warner Bros., Disney, and Jim Henson's Muppets. Its principal subsidiaries included Dakin Inc. and International Tropic-Cal