Barbie

Mattel announced that long-time CEO Ynon Kreiz will step down on October 2, with board member Roger Lynch taking over as chairman and CEO.

After grossing over $1.4 billion, negotiations with Greta Gerwig, Margot Robbie, Ryan Gosling, and Noah Baumbach have reached a deadlock, and Warner Bros. faces a deadline that could result in the loss of rights.

Warner Bros. is racing to secure a deal for the Barbie sequel before brand rights revert to Mattel in December. Negotiations with Margot Robbie and Ryan Gosling have stalled over contract terms, specifically the stars' demands for profit participation.