My daughters play together very similar to this comic. Their franchises of choice are: My Little Pony: Friendship Is Magic, Pokémon, Matchbox cars, American Girl Dolls, and various stuffed animals they’ve collected from EVERYONE.
You can listen to them play and it always sounds like some sort of romantic soap opera. One minute they’re putting on a fashion show and the next minute a Matchbox car is threatening to report Twilight Sparkle to the police. It can be quite entertaining.