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 Hasbro improved profitability and EPS growth in Q1 2024 25 APR 2024

Markets

Hasbro improved profitability and EPS growth in Q1 2024

The revenue dropped 24% due to the eOne sale, but excluding that, it decreased 9%, with growth in some segments offset by declines in Consumer Products. Its operating profit of $116.2 million includes eOne-related costs, resulting in a 15.3%. margin. The entertainment revenue fell 85% due to the eOne sale, but excluding that, it grew 65%, driven by "Peppa pig" content.
Hasbro sells eOne to Lionsgate for $500 Million 3 AUG 2023

Deals

Hasbro sells eOne to Lionsgate for $500 Million

Hasbro announced that it has reached a definitive agreement to sell its Entertainment One film and TV business to Lionsgate for approximately US$500 million.
Hasbro initiates sale process for eOne TV and film business 17 NOV 2022

Deals

Hasbro initiates sale process for eOne TV and film business

Hasbro has initiated a sale process for the part of its eOne television and film business not directly supporting the company’s branded entertainment strategy.
Netflix, Eone, and Hasbro to produce the second season of "Power Rangers Dino Fury" 22 OCT 2021

Streaming

Netflix, Eone, and Hasbro to produce the second season of "Power Rangers Dino Fury"

Following the success of the first season's airing, Season 2 of the classic title is set to debut exclusively on the platform in the U.S. beginning in Spring 2022
One Animation appoints Kelly Joeman and Tuan Nguyen for its digital team 1 SEP 2021

Kids & Animation

One Animation appoints Kelly Joeman and Tuan Nguyen for its digital team

A former Amazon executive, Nguyen will work as the company’s E-commerce Manager, while Joeman, a former contributor to Hasbro, will serve as Senior Manager of Audience Development.