What I believe you are asking about is a plush toy made by Carousel (by guy) called a Beeple. It's a stuffed plush toy that looks very much like a tan abominable snowman type with tiny eyes and nose. Its nose lights up with light/motion and it makes a series of beeping noises that are almost like the noises that Chubbles make. Chubbles were made by Toy Fair in the mid 80's but I'm not sure when the Beeble was made.
Beeple is the online moniker of Mike Winkelmann, a digital artist known for creating everyday artworks, often in a collage-like style incorporating fantastical and strange imagery. In recent years, Beeple gained widespread recognition for selling a digital artwork as an NFT for millions of dollars.
because it was.
On a Carousel was created in 1967.
Carousel - musical - was created in 1945.
Carousel Theater was created in 1958.
The Haunted Carousel happened in 2003.
A Carousel for Missoula was created in 1995.
Carousel Center was created in 1990.
Carousel Man was created in 1973.
Carousel Mall was created in 1972.
Columbia Carousel was created in 1976.
Carousel of Progress ended in 1973.