Children of the '80s may want to dig their old toys out of the closet or at least prepare to buy new ones.
Toy maker Hasbro Inc. announced during a virtual meeting with investors on Feb. 25 that it has deals in hand to remake cartoons featuring some popular toys.
So prepare for a surge in demand for Transformers (with two different series headed to Netflix), a My Little Pony reboot (also on Netflix) and a GI Joe series, Lady Jaye, making its way to Amazon Prime.
Will there be new characters for children (or collectors) to buy? Of course. The description of the new My Little Pony covers Earth ponies, unicorns and "the world's cutest flying pomeranian."
There are also projects in the works involving other Hasbro brands such as the games Clue, Magic the Gathering, Risk and Dungeons and Dragons.
And that's not the only action on toys from Hasbro. The company found itself caught up in controversy when the Associated Press reported that the brand is changing its name to a gender-neutral Potato Head rather than Mr. Potato Head or Mrs. Potato Head. But Mr. and Mrs. will remain, Hasbro clarified on Twitter. It's just the logo being simplified.