Hasbro

NP Digital Expands Local Expertise in Latin America with Office Opening in Mexico

Retrieved on: 
Thursday, August 17, 2023
TotalEnergies, MEXICO, Miranda, AXA, Marketing, CITY, WaveMaker, JCDecaux, Mazda, Head, Growth, Digital, Netflix, LATAM, Drug, Management, Tiffany, Paramount, Hasbro

MEXICO CITY, Aug. 17, 2023 (GLOBE NEWSWIRE) -- NP Digital , a global leader in end-to-end performance marketing, is advancing its Latin American presence with a Mexico office to deliver local expertise backed by established marketing processes and technologies.

Key Points: 
  • MEXICO CITY, Aug. 17, 2023 (GLOBE NEWSWIRE) -- NP Digital , a global leader in end-to-end performance marketing, is advancing its Latin American presence with a Mexico office to deliver local expertise backed by established marketing processes and technologies.
  • Mariana Miranda joins the senior leadership team as Managing Director tasked with delivering custom solutions to aid Mexican brands in digital transformation and expansion.
  • Miranda has a long history of digital marketing leadership in Mexico and Latin America, bringing more than 18 years of experience in driving revenue and growth from cross-media strategies, innovation, and digital integration.
  • The office in Mexico bolsters the agency’s presence in Latin America, which already includes Colombia, Chile, and Brazil, with additional regional offices and local expertise coming soon.

This Week in Entertainment News: 13 Stories You Need to See

Retrieved on: 
Friday, August 18, 2023
Learning, Database, Emma Lake Artist's Workshops, CSO, Diary of a Wimpy Kid, Communication, Tencent Music, Related, Hip hop music, Hasbro, Diary, Pigeon Forge, Tennessee, Disney Media and Entertainment Distribution, PR Newswire, News, Summer, Subject-matter expert, Geography, Video game, Publishing, Crayola

NEW YORK, Aug. 18, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the entertainment and media industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Cineverse and Tencent Music Entertainment Group .
  • To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists .
  • Subject Matter Experts: Access ProfNet , a database of industry experts to connect with as sources or for quotes in your articles.
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

The Op Games Launches CLUE®: Diary of a Wimpy Kid

Retrieved on: 
Thursday, August 17, 2023
MSRP, Friends, OP, Diary of a Wimpy Kid, Hues, Pig, Leg, Diary, Humour, Personality, Call of Duty: Black Ops 4, Character, WHAT, Toy, Video game, Clue, Hasbro, Cheese

CARLSBAD, Calif., Aug. 17, 2023 /PRNewswire/ -- Usaopoly (The Op), the board game and puzzle publisher behind best-selling party games including Telestrations®, Blank Slate™ and Hues and Cues™, today launched the most humorous version of the classic mystery game with CLUE®: Diary of a Wimpy Kid. Under license from leading toy and game company Hasbro and based on Jeff Kinney's popular book series with over 275 million copies sold worldwide, the game will enable fans to play as their favorite characters from the Wimpy Kid world with a mysterious new twist.

Key Points: 
  • "We are passionate about creating games that bring families and friends together to create new memories - making CLUE: Diary of Wimpy Kid a perfect fit for fans of all ages."
  • Designed for two to six players, ages eight and up, CLUE®: Diary of a Wimpy Kid features custom-illustrated artwork displaying several well-known locations from the popular book series across the board.
  • CLUE®: Diary of a Wimpy Kid (MSRP: $44.99) is available now on The Op's website.
  • To learn more about the new game and The Op, visit www.TheOp.Games , and follow along on social ( @TheOpGames ) for the latest game announcements and launches.

MUZLIVE PARTNERS WITH MEMBRAIN FOR US MARKET DEBUT OF REVOLUTIONARY MUSIC FORMAT KiT ALBUM

Retrieved on: 
Wednesday, August 16, 2023
Crypto.com, Music, Partnership, MUSIC, Marketing, Crypto.com Arena, Ruins (First Aid Kit album), Hasbro, Membrane, KCON, HitClips, LOS, WITH, Los Angeles Convention Center, Nightclub

LOS ANGELES, Aug. 16, 2023 /PRNewswire/ -- Muzlive, the South Korean company responsible for the patented KiT Album, is thrilled to announce a strategic partnership with memBrain, an innovation-centric company with deep roots in the entertainment, design, music and technology sectors.

Key Points: 
  • MUZLIVE PARTNERS WITH MEMBRAIN FOR US MARKET DEBUT OF MUSIC FORMAT KiT ALBUM, KICKING OFF WITH KCON LA SPONSORSHIP
    Leveraging its 20+ years of brand marketing expertise and deep industry ties, including the music industry partnerships that launched Hasbro's HitClips, memBrain has been appointed as Muzlive's marketing leadership team for its ambitious US market launch.
  • Muzlive's KiT Album, a new music format for smart devices, currently features over 400 K-Pop and US artists such as Jason Mraz and Snoop Dogg and has sold over 6 million copies in 211 countries worldwide.
  • Jennifer Sullivan, President of memBrain, is enthusiastic about the new collaboration, saying "We believe that Muzlive's format is promising for a broad range of content creators.
  • Muzlive CEO Joe Seok explains, "In the evolving music market where CD players are becoming obsolete, we have created a new, alternative format for sharing content.

Hasbro Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023
Professional Services, Toys, Entertainment, Retail, Business, General Entertainment, GxP, D&D, Digital Game Xpo, Lord, Final good, Eon Films, GAAP, Sale, Wizard, EBITDA, MAGIC, Digital, Wizards of the Coast, Total, Operational excellence, D, Music, Publishing, Video game, Bookkeeping, Hasbro

During the second quarter and year-to-date, Hasbro paid $97 million and $194 million, respectively, in cash dividends to shareholders.

Key Points: 
  • During the second quarter and year-to-date, Hasbro paid $97 million and $194 million, respectively, in cash dividends to shareholders.
  • The next dividend of $0.70 per common share was previously declared and will be payable on August 15, 2023 to shareholders of record at the close of business on August 1, 2023.
  • In support of Hasbro's Blueprint 2.0 strategy, Hasbro implemented an Operational Excellence program to deliver $250-300 million in annualized run-rate cost savings by year-end 2025.
  • Hasbro will webcast its second quarter 2023 earnings conference call at 8:30 a.m. Eastern Time today.

Lionsgate and Hasbro Sign Agreement for Lionsgate to Acquire Global Independent Content Platform eOne

Retrieved on: 
Thursday, August 3, 2023
Atomic Blonde, Sheppard, Mullin, Richter & Hampton, Film, Designation (law), Woman King, Son, EVP, Lionsgate, Yellowjacket, The Rookie: Feds, Ernst & Young, Television, Monopoly, Hart–Scott–Rodino Antitrust Improvements Act, Jefferies Group, Channel 4, Rookie, Discovery, Acquisition, CBC, Wong & Winchester, ABC, Bell Media, Anatomy, Wong, Green Book, BBC Studios, NYSE, Naked and Afraid, The Woman King, Citytv, Film industry, Hasbro, Eone, Showtime

SANTA MONICA, Calif. and PAWTUCKET, R.I., Aug. 3, 2023 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) and Hasbro (NASDAQ: HAS) today announced that they have signed an agreement under which Lionsgate will acquire the independent content platform eOne in a transaction valued at approximately $500 million, comprised of cash of $375 million subject to additional purchase price adjustments, and the assumption of production financing loans.  The agreement is subject to Hart-Scott-Rodino approval and customary closing conditions.

Key Points: 
  • eOne is a world-class producer of scripted and unscripted television and motion pictures with global distribution and a 6,500-title film and television library.
  • Under the agreement, Lionsgate will acquire a library that includes titles such as 1917, Atomic Blonde, Green Book, Grey's Anatomy, Criminal Minds, Renegade and Designated Survivor.
  • As part of the agreement, Lionsgate also will acquire film development rights to Hasbro's Monopoly, based on the wildly popular board game.
  • "The acquisition of eOne checks off all the boxes in areas that play to our core strengths," said Lionsgate CEO Jon Feltheimer.

Hasbro to Sell eOne Film & TV Business to Lionsgate

Retrieved on: 
Thursday, August 3, 2023
Retail, Manufacturing, Advertising, Communications, Other Entertainment, TV and Radio, Parenting, Other Retail, Children, Baby, Maternity, Film & Motion Pictures, Specialty, Other Manufacturing, Entertainment, Consumer, Transformers, D&D, Centerview Partners, LLP, Lionsgate, Yellowjacket, Cravath, Swaine & Moore, Stikeman Elliott, IP, Sale, My Little Pony, Publishing, Hoskin, Animation, MAGIC, Transformers: EarthSpark, Eone, GI, D, Video game, Hasbro

Hasbro, Inc. (NASDAQ:HAS) a leading toy and game company, today announced that it has reached a definitive agreement to sell its eOne film and TV business to Lionsgate for approximately $500 million, consisting of $375 million in cash, subject to certain purchase price adjustments, and the assumption by Lionsgate of production financing loans.

Key Points: 
  • Hasbro, Inc. (NASDAQ:HAS) a leading toy and game company, today announced that it has reached a definitive agreement to sell its eOne film and TV business to Lionsgate for approximately $500 million, consisting of $375 million in cash, subject to certain purchase price adjustments, and the assumption by Lionsgate of production financing loans.
  • Hasbro will use the proceeds to retire a minimum of $400 million of floating rate debt by the end of the year, and for other general corporate purposes.
  • The eOne film and TV business being sold also includes Hasbro’s interest in the Canadian film & TV operations of Entertainment One Canada Limited, and the transaction has also been approved by Entertainment One Canada Limited’s Board of Directors.
  • “Lionsgate’s management team is experienced in entertainment and adept at driving value, and we’re glad to have found such a good home for our eOne film & TV business.

Connected Toys Market worth $24.1 billion by 2028- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 31, 2023
Pillar, Vacuum, Hot Wheels, Friends, UNO, Marketing, Parent, OS, Amazon (company), Monopoly, MEA, LEGO, Cartoon, My Little Pony, Cartoon Network, Sony Music Publishing, Tablet, Creativity, American Girl, HBO Max, Robotics, IRobot, Knowledge, Growth, Adolescence, Empathy, Family, DJI, Safety, Toy, Mobile phone, Airline, Transformers, VTech, Sony, Hasbro, Mattel

Connected toys align with their tech-savvy lifestyles, offering a bridge between the physical and digital worlds.

Key Points: 
  • Connected toys align with their tech-savvy lifestyles, offering a bridge between the physical and digital worlds.
  • The ubiquity of smartphones and tablets ensures that connected toys can easily reach a broad audience of consumers, including children, parents, and tech-savvy individuals.
  • The tech-savvy population in North America, characterized by a strong affinity for digital devices and experiences, is a key driver for the Connected Toys Market.
  • Connected toys cater to this digital lifestyle, offering interactive and engaging play options that resonate with children and teenagers in the region.

Connected Toys Market worth $24.1 billion by 2028- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 31, 2023
Pillar, Vacuum, Hot Wheels, Friends, UNO, Marketing, Parent, OS, Amazon (company), Monopoly, MEA, LEGO, Cartoon, My Little Pony, Cartoon Network, Sony Music Publishing, Tablet, Creativity, American Girl, HBO Max, Robotics, IRobot, Knowledge, Growth, Adolescence, Empathy, Family, DJI, Safety, Toy, Mobile phone, Airline, Transformers, VTech, Sony, Hasbro, Mattel

Connected toys align with their tech-savvy lifestyles, offering a bridge between the physical and digital worlds.

Key Points: 
  • Connected toys align with their tech-savvy lifestyles, offering a bridge between the physical and digital worlds.
  • The ubiquity of smartphones and tablets ensures that connected toys can easily reach a broad audience of consumers, including children, parents, and tech-savvy individuals.
  • The tech-savvy population in North America, characterized by a strong affinity for digital devices and experiences, is a key driver for the Connected Toys Market.
  • Connected toys cater to this digital lifestyle, offering interactive and engaging play options that resonate with children and teenagers in the region.

Mattel Announces Departure of Richard Dickson, President and Chief Operating Officer

Retrieved on: 
Wednesday, July 26, 2023
Retail, Entertainment, Toys, Licensing (Entertainment), Partnership, Doll, Senior, Final good, McKnight, The Walt Disney Company, Disney Princess, IP, Hasbro, Mattel Inc v 3894207 Canada Inc, Publishing, MAT, Monster High, Atari Interactive, Growth, Management, Toy, Mattel

Mattel, Inc. (NASDAQ: MAT) today announced that Richard Dickson, President and Chief Operating Officer, will step down from his position with the Company effective August 3, 2023 to take the role of president and chief executive officer at another public company.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) today announced that Richard Dickson, President and Chief Operating Officer, will step down from his position with the Company effective August 3, 2023 to take the role of president and chief executive officer at another public company.
  • Josh Silverman has been promoted to Executive Vice President and Chief Franchise Officer.
  • Both executives will assume Dickson’s responsibilities and report to Ynon Kreiz, Chairman and Chief Executive Officer of Mattel.
  • The company has also promoted Chris Down to Executive Vice President and Chief Design Officer, reporting to McKnight.