Complex sentence: Equestria Girls is an American product line of fashion dolls and media franchise featuring anthropomorphized version of My Little Pony characters, launched in 2013 by Hasbro as a spin-off of the 2010 reboot of main My Little Pony franchise.
Split into simpler sentences: Equestria Girls is an American product line of fashion dolls and media franchise launched in 2013 by Hasbro, which features anthropomorphized version of My Little Pony characters. The franchise is a spin-off of the 2010 reboot of main My Little Pony franchise.