WebJan 26, 2016 · In the third quarter of 1999, Mattel expected profits of $50-million from the TLC division. Instead, it was a loss of $105-million (the next quarter losses rose to $206 -million), which wiped out more than $2-billion in shareholder value in one day, as the company’s share price slid from nearly $17 to $11.69. WebMattel Creations was formed on March 31, 2016, bringing all three of Mattel's internal content production units: Mattel Playground Productions, HIT Entertainment, and the …
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