From Variety:
Universal Pictures has added Barbie to its star stable.
The studio has made a deal with Mattel to build a live action film around its signature toy line. Studios are placing a premium on building films around well-known concepts. Universal brass feels it has landed the queen of globally branded toy figures.
Laurence Mark will produce.
According to Mattel, the 50-year old Barbie has 99% worldwide brand awareness, is the number one girls property in the toy industry, the top doll property in the U.S. and the number one worldwide property in the traditional toy industry.
“Barbie is the most famous doll in history, a unique cultural icon in the world of brands,” said Universal Pictures chairman Marc Shmuger. “So many representations of Barbie frequent pop culture, but never before has she been brought to life in a motion picture. We’re grateful to Mattel for entrusting us with this extraordinary opportunity.”
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