Mattel Execs on Next Hollywood Moves: ‘Barney,’ ‘Polly Pocket’ and ‘Barbie’ Sequels (EXCLUSIVE)

After dominating the box office and breaking records with Barbie, Mattel has officially arrived in Hollywood.

In 2018, after a tumultuous period of declining toy sales, Mattel brought in a new CEO, businessman Ynon Kreiz, who had a vision to turn the storied toy company into an IP-driven machine, essentially creating a Mattel cinematic universe. Now, with the immense success of Barbie, the path is clear for Mattel to make whatever they want and they already have a ton of projects in the works with A-list partners attached.

With dozens of childrens toys on their film slate, 14 Mattel properties are in active development, including Barney, Polly Pocket, Thomas and Friends and American Girl.

Of course, the door is also wide open for Barbie sequels. Director Greta Gerwig has said that shes not thinking about a follow-up at this time, saying, At this moment, its all Ive got. But after the Margot Robbie-starring hot pink fantasia has grossed an astonishing $380 million worldwide in its first five days in theaters, its a safe bet that Mattel and Warner Bros. will want more.

Speaking to Variety about their IP strategy just days before Barbie was released, Mattel executives were hopeful to open up an entire Barbie world of sequels.

Barbie, as a brand, has many different iterations. The product lines of Barbie is a very broad brand. In addition to the main Barbie figure, she has family, she has a lot of elements around in her universe, Kreiz told Variety. Its a very rich universe Its a very broad and very elastic brand, in terms of opportunities.

Kreiz continues, At the outset, were not saying, Okay, lets think already about movie two and three. Lets get the first one right and make that a success. And if you do that, opportunities open up very quickly, once you establish the first movie as a successful representation of a franchise on the big screen.

Successful movies lend themselves to more movies, the CEO added. Our ambition is to create film franchises.

Robbie Brenner the Oscar-nominated producer who runs Mattel Films and produced Barbie and all developing Mattel film projects says the company was hopeful Barbie would become a box office success, so they could explore potential sequels. The same goes for the rest of their slate, which contains toy lines ripe for franchises, like Masters of the Universe and Hot Wheels.

Everybody hopes that when you create a movie that there is going to be a franchise, Brenner told Variety. Thats the hope that it goes on and on and its a gift that keeps giving. But, in this day and age, you just want to get the first one right.

Now that Mattel did get the first one right, heres a look at whats on its slate and some new tidbits that Variety can exclusively reveal on each of the projects.

Barney

Producer: Daniel Kaluuya

The iconic purple dinosaur will inspire a live-action film that Mattel has previously described as an A24-typeof surrealisticmovie. Now, Brenner divulges a few more details, telling Variety, I dont know that its necessarily going to be darker. Its just going to be unique more of like a Being John Malkovich or an Adaptation,' she says, referencing the 1999 and 2002 Spike Jonze films.

Any movie that has Barney is not certainly going to be straightforward, Brenner adds. Referencing the Seth MacFarlane comedies, she quips: Were not making Ted. You know what I mean?

Reciting the famous Barney song (I love you, you love me, were a happy family), the Mattel exec says the upcoming film will be about identity and finding who you love and who feels alienated and what does it all mean? Brenner says the film will be more adult and have adult themes and sort of be a little bit off-kilter.

Polly Pocket

Studio: MGM

Star: Lily Collins

Writer/Director: Lena Dunham

The Emily In Paris star will star as the micro-doll in a family comedy written and directed by the Girls creator.

Brenner confirms to Variety that there is a script, which she enthusiastically describes as a great script. First of all, they are two of my favorite ladies ever, Brenner says of Collins and Dunham. Its been an amazing collaboration. Lena is so collaborative and rolls up her sleeves and really likes to roll around in notes and listen. Shes incredible. Lily is so smart and so specific and so productorial. Its just been an incredible collaboration, so we are thrilled about it. Hopefully, well be making that at some point in the future.

Hot Wheels

Studio: Warner Bros.

Producer: JJ Abrams

The top-selling toy in the world will be brought to life in a film that features cars, monster trucks and motorcycles.

Abrams has described the adaptation as grounded and gritty. Brenner tells Variety that his words mean that the film will have real characters that you can relate to, that are three-dimensional, that have emotional journeys. She adds, Look at any J.J. Abrams movie. All of his movies have an incredible story and incredible characters. That was something that was important to him to make a movie thats not just going to be fun and exciting, but that has real emotion and real stakes to it.

Rock Em Sock Em Robots

Studio: Universal

Star: Vin Diesel

Writer: Ryan Engle

The Fast Furious star will lead a feature based on Mattels tabletop game of battling robots. Vin is excited, Brenner says. Were working on developing a script and were all very excited about it.

American Girl

A family comedy is in development, based on the world of dolls, content and experiences that Mattel says help girls grow with confidence and develop character. Brenner is tight-lipped, but promises, We have something great in the works.

Magic 8 Ball

A film adaptation of the Magic 8 Ball will probably be a PG-13 thriller, Brenner teases.

Masters of the Universe

A story around the superhero He-Man has been in development at numerous homes over the years. Mattel is still hoping to turn the world of beloved characters into an action-adventure flick that has the potential to explode into a mega-franchise. But Variety exclusively reported that Mattel is now shopping for a new buyer for Masters of the Universe, after Netflix dropped the project. The property was strapped with millions in development costs from its past lives at other studios. It had most recently attached filmmaking duo the Nee brothers, and West Side Story actor Kyle Allen to star as He-Man. (For more on Masters of the Universe, read here.)

Major Matt Mason

Star: Tom Hanks

Writer: Akiva Goldsman, Michael Chabon

Hanks will star as the Mattel astronaut action figure from the 1960s who lives and works on the moon.

UNO

Writer: Marcy Kelly

The top-performing card game in the world will now become a movie.

Wishbone

Studio: Universal

Producer: Peter Farrelly

The literary Jack Russell terrierwho became famous on PBS in the 90s will now star in his own family-friendly adventure comedy, produced by the Dumb Dumber filmmaker.

Matchbox

Studio: Skydance

Writer: David Coggeshall

An action movie will be based on the legendary toy cars that were invented in 1953.

Thomas Friends

Director: Marc Forster

The World War Z and Monsters Ball director will helm a fantasy film based on the childrens animated train series.

View Master

Long before VR, there was the picture viewer that was invented in 1939. Now, an adventure film will be based on the classic toy.

Christmas Balloon

Writer: Gabby Lugo

Producer: Chris Lemos

Not based on a toy but based on a true story of when Mattel donated toys to help make a young girls dream come true after she tied her Christmas list to a balloon that was found by a grieving couple who worked with the toy company to fulfill the girls wishes. Mattel looks to produce a family drama drawing from the story.