Hasbro and Disney Agree to Release Marvel and Star Wars Toys

Hasbro's (NASDAQ: HAS) relationship with Walt Disney (NYSE: DIS) goes back decades, and on Friday, the two entertainment brands announced a renewal of Hasbro's rights to make toys based on the Marvel and Star Wars franchises.

Under the agreement, Hasbro will continue to make toys for the Marvel universe, including Iron Man, Spider-Man, Captain America, Black Widow, and Black Panther.

But probably the most valuable part of the agreement for Hasbro is the rights to make toys and games for Disney's The Mandalorian -- the hit new show featured on Disney+ that has stirred a lot of interest over a cute little character everyone is calling Baby Yoda (although its official name is The Child).

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Source Fool.com