Is Jakks Pacific making the Disney dolls now?

[DodgerGirl]

I noticed that Jakks Pacific is making the Encanto dolls rather than Hasbro and I want to know why the reason is? Because Hasbro made all the Disney movie and cartoon /TV show dolls and they did an excellent job. Did Hasbro's Disney contract expire? Because right after Mattel's contract with Disney expired Hasbro went right to making the Disney dolls for Elena Of Avalor and Frozen II? Is Jakks Pacific becoming the king of Disney dolls now?