Credits to @icyalex1! Okay so he shared the photo and typed, "In the industry business magazine MGA, they announced that they are looking for licensees for cooperation in the production of merchandise for Bratz."
Someone was saying this is fake but I highly doubt he would do such a thing and that it was a misunderstanding because...I ended up finding a similar photo on https://www.licensingsource.net/ and it's still there on the homepage as of today. Plus, it matches what was mentioned aka the licensing. Here's how it looks
Also another update: Isaac posted on LinkedIn about what they'll have in 2020 and one of the hashtags include Bratz: