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Mattel and DC reunite in toy partnership as superheroes find new home

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MUMBAI: In what industry insiders are calling a “plastic fantastic reunion,” Mattel, Inc. and Warner Bros. Discovery Global Consumer Products have announced a global licensing agreement that will see Batman and friends return to their former toy maker starting in late 2026.

The multi-year deal grants Mattel rights to produce action figures, playsets and collectibles based on DC’s entire roster of spandex-clad do-gooders and cackling villains. This means everything from Batman’s brooding silhouette to The Joker’s maniacal grin will soon grace toy shelves worldwide.

Nick Karamanos of Mattel declared it “an incredibly proud milestone” to welcome DC back to the fold, whilst carefully avoiding mention of the years DC spent gallivanting with rival toymakers. One imagines there might have been a rather awkward “where have you been all these years?” conversation at the negotiating table.

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Warner Bros.’ Robert Oberschelp noted the timing coincides with “DC’s exciting new chapter in 2025,” though he refrained from specifying whether this excitement involves yet another Batman reboot or simply the accountants’ jubilation at the licensing fees.

The arrangement builds upon an existing relationship between the companies spanning more than 30 brands, including Harry Potter and oddly enough, Ted Lasso, should you fancy your child playing with a miniature football manager known for colourful language and biscuit diplomacy.

Industry analysts suggest this corporate marriage may deliver a much-needed boost to both parties, though they’ve stopped short of calling it a “super” partnership. 

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At the very least, Batman fans can look forward to their hero returning to the plastic realm where he arguably belongs—standing proudly on bedroom shelves, forever frozen in a heroic pose whilst collecting a fine layer of dust.

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Animation

A new chapter unfolds as Lens Vault Studios debuts Bal Tanhaji

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MUMBAI: History is getting a fresh rewrite this time with code, creativity and a longer arc in mind. Lens Vault Studios has announced its first original production, Bal Tanhaji, marking the official entry of the newly launched, tech-driven studio into India’s evolving entertainment landscape.

Arriving six years after the box-office success of Tanhaji: The Unsung Warrior, the new project expands the universe rather than revisiting familiar ground. Bal Tanhaji explores uncharted narrative territory, signalling a clear shift from one-off cinematic spectacles to long-format, world-building storytelling designed for digital-first audiences.

At the heart of this ambition is Prismix Studios, the in-house generative AI and technology arm powering the creative engine behind the show. The studio’s approach blends storytelling with next-generation tools, aiming to reimagine how Indian IPs are created, scaled and sustained beyond theatrical releases.

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For Lens Vault Studios chairman Ajay Devgn the new venture represents a deliberate step beyond traditional cinema. The focus is firmly on building long-form intellectual properties across fiction and non-fiction, tailored to changing viewing habits and platform-led consumption. He said the studio intends to explore formats that remain largely untapped, while drawing on the team’s experience with large-scale cinematic storytelling.

Lens Vault Studios founder and CEO Danish Devgn echoed that sentiment, describing Bal Tanhaji as the studio’s first generative-AI-led IP and the starting point of a broader vision. The aim, he noted, is to carry forward the legacy of the Tanhaji universe while connecting with younger audiences through a blend of powerful narratives and emerging technologies.

With Bal Tanhaji, Lens Vault Studios is planting its flag early not just launching a show, but signalling a larger play for cinematic universes that live, grow and evolve across platforms. If this debut is any indication, the future of Indian storytelling may be as much about imagination as it is about innovation.

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