Mattel To Develop Family Drama 'Christmas Balloon' Into Live-Action Motion Picture

  • Mattel Inc MAT plans to develop the family drama Christmas Balloon into a live-action motion picture.
  • Gabriela Revilla Lugo (A Million Little Things) will write the original screenplay based on a true story.
  • McKeon and Ivan Sanchez, Creative Executive, will lead the project for Mattel Films. Chris Lemos and Luis Guerrero (Beneath Us, The War Below) of Vital Pictures will produce.
  • Christmas Balloon marks the 14th Mattel Film in development. The film follows a young girl, Dáyami, living in a Mexican border town who tries to send her Christmas list to Santa tied to a balloon.
  • Price Action: MAT shares are trading higher by 1.47% at $20.99 on the last check Thursday.
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