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Fisher-Price Gets Rights to Thomas & Friends Toys

HIT Entertainment grants Fisher-Price Inc., a unit of Mattel Inc., the global rights for Thomas & Friends in a multiyear licensing agreement. Financial terms were not disclosed.

The agreement, which excludes Japan, incorporates Thomas & Friends vehicles, figures, play-sets, preschool toys and a range of other products. The first line of products will be available in 2010. HIT Entertainment says the line is expected to expand as existing licensees' rights expire.


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