MGA Entertainment is a toy and entertainment company that has been around for just over two decades. However, in that relatively short time, it has established itself as one of the most innovative and successful companies in the industry. The company is known for its wide range of popular toys and entertainment products, including brands like Bratz, L.O.L. Surprise!, and Rainbow High. In this article, we will explore the history and success of MGA Entertainment and discuss what sets it apart from other toy companies.
History of MGA Entertainment
MGA Entertainment was founded in 1979 by Isaac Larian, an entrepreneur and designer based in Iran. However, the company did not begin its foray into the toy industry until the early 1990s when it began manufacturing and selling unique, affordable toys. In 1995, MGA Entertainment released its first big hit, a line of dolls called “Li’l Bratz.” The dolls were smaller and more affordable versions of the popular Bratz dolls, which were made by the larger company, Mattel.
Soon after the success of Li’l Bratz, MGA Entertainment released the full-sized Bratz dolls. These dolls were unique in many ways, including their more diverse ethnicities and body types, as well as their hot fashions and edgy attitudes. The Bratz dolls quickly became a hit with young girls all over the world, leading the brand to become a multi-billion-dollar success.
In 2016, MGA Entertainment released another hit toy line, L.O.L. Surprise!, which took the industry by storm. The L.O.L. Surprise! dolls are small, collectible dolls that come wrapped in layers of packaging, with each layer revealing a surprise accessory or fashion item for the doll. The dolls quickly became a sensation, with their highly desirable “unboxing” experience leading to numerous YouTube channels and social media pages dedicated to the toys.
What Sets MGA Entertainment Apart from Other Toy Companies?
One of the main things that sets MGA Entertainment apart from other toy companies is its focus on innovation and creativity. The company is constantly coming up with new ideas and products that capture the imaginations of children and adults alike. This has led to many of its products becoming cultural touchstones, with the Bratz dolls, in particular, being credited with changing the toy industry’s treatment of female characters.
Another aspect that sets MGA Entertainment apart is its focus on diversity and inclusivity. The company has always been committed to featuring characters that represent a wide variety of ethnicities, body types, and personalities, catering to a diverse audience. This is a critical factor in ensuring that all children feel seen and included, no matter what their background or identity may be.
Finally, MGA Entertainment is known for its willingness to take risks. The L.O.L. Surprise! dolls, in particular, were a unique and unexpected idea that could have failed spectacularly. However, the company took a chance on the idea, and it paid off in a big way, leading to a multi-billion-dollar product line that shows no signs of slowing down.
Conclusion
MGA Entertainment is a toy giant that has taken the industry by storm, with its unique and innovative products capturing the imaginations of children and adults alike. From the Bratz dolls to the L.O.L. Surprise! dolls, the company has shown a commitment to diversity, creativity, and risk-taking that have set it apart from other toy companies. With each new product release, MGA Entertainment continues to redefine what it means to be a toy company and capture the hearts and imaginations of children all over the world.