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
Mark Handler Disney Channel from a pay TV model to a straightforward tier cable channel. During his tenure, the subscription base grew from one million to fifteen million subscriptions. Prior to his union with Disney, Handler spent six years with Cox Communications, working in marketing and several general management positions. Handler was also named executive vice president, international, for GO.com, the internet business of The Walt Disney Company which later would be renamed to Walt Disney Internet Group. A fifteen-year Disney veteran, Handler was tasked with further developing the Walt Disney Internet Group’s international expansion in Asia Pacific, Europe and Latin America.