NASDAQ:HAS | Jotup

Hasbro Reports Second Quarter 2023 Financial Results

Retrieved on:

Thursday, August 3, 2023

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

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

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.

Hasbro to Announce Second Quarter 2023 Earnings on August 3, 2023

Retrieved on:

Wednesday, July 19, 2023

Children, Baby, Maternity, Professional Services, Business, General Entertainment, Entertainment, Retail, Toys, Family, Consumer, Parenting, Webcast, Regulate... G Funk Era, Part II, Hasbro

Hasbro, Inc. (NASDAQ: HAS) announced today that the company’s second quarter financial results will be released before the market open on Thursday, August 3, 2023.

Key Points:

Hasbro, Inc. (NASDAQ: HAS) announced today that the company’s second quarter financial results will be released before the market open on Thursday, August 3, 2023.
Hasbro will webcast its second quarter 2023 earnings conference call at 8:30 a.m. Eastern Time.
Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro’s Investor Relations website at https://investor.hasbro.com .
The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com .

Hasbro Celebrates its 100th Anniversary at 2023 San Diego Comic-Con International

Retrieved on:

Monday, July 17, 2023

Toys, Entertainment, Advertising, Retail, Communications, General Entertainment, Diamond, Optimus Prime, Sixth Avenue, Life, Xbox One, Blog, Eye, Comic book convention, Pulse, JOE, San Diego Comic-Con, Transformers: EarthSpark, Principal, Power Rangers, News, PS5, Mighty Morphin Power Rangers, Gather, Transformers, Bumblebee, Lord, Porsche, PS4, Nintendo Switch, Marvel, Diamond Select Toys, Platform exclusivity, Star Wars: The Black Series, Dungeons & Dragons, Outright Games, D, D&D, Dungeon Master, Convention, History, Generation, Super7, Publishing, Petco, The Walt Disney Company, Star Wars: The Vintage Collection, Q&A, NERF, Star Wars, Glasses, Mezco Toyz, Skybound Entertainment, Marketing, SDCC, WWE Vintage, BOOM, Avenue, MIRAGE, Nightclub, Toy, Mirage, Kotobukiya, Nickelodeon, Magic, Autobot, Ghostbusters, Entertainment Earth, Hasbro, Dungeon, Dragon

"We are absolutely thrilled to celebrate our 100th anniversary with our fans at San Diego Comic-Con," said Kim Boyd, Head of Toy at Hasbro.

Key Points:

"We are absolutely thrilled to celebrate our 100th anniversary with our fans at San Diego Comic-Con," said Kim Boyd, Head of Toy at Hasbro.
Attendees can visit the Hasbro Pulse Desk at the Hasbro Booth (#3213) to receive a one-time use code, which can be scanned to pre-order.
Programming - In addition to hosting several insightful brand panels at San Diego Comic-Con (SDCC), Hasbro has a powerhouse programming schedule planned at its booth to help attendees have a memorable convention experience.
Hasbro is hosting The VAULT: A Hasbro Pulse Store at the Sparks Gallery (530 Sixth Avenue) so fans can purchase Hasbro Pulse’s best-selling products and select convention exclusives.

The Lord of the Rings: Tales of Middle-earth™ Now Available

Retrieved on:

Monday, June 26, 2023

View the full release here: https://www.businesswire.com/news/home/20230626833413/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230626833413/en/
With The Lord of the Rings: Tales of Middle-earth™, players will join the Fellowship and relive or create their journey through Middle-earth.
“Much like The Lord of the Rings, Magic: The Gathering is about fellowship,” said Bill Rose, global play lead for Magic: The Gathering.
The One of One Ring Promotion is an extraordinarily rare promotion only for The Lord of the Rings: Tales of Middle-earth™.
The Lord of the Rings: Tales of Middle-earth™ is also available now on Magic: The Gathering Arena in Alchemy and Historic formats.

Furby Is Back! Hasbro Announces the Toy’s Iconic Return With a Fresh New Look

Retrieved on:

Thursday, June 22, 2023

Today, Hasbro, Inc. (NASDAQ: HAS), a global leader in play, announced that the next era of the cute, cool, and weird Furby interactive toy hits shelves just in time for summer.

Key Points:

Today, Hasbro, Inc. (NASDAQ: HAS), a global leader in play, announced that the next era of the cute, cool, and weird Furby interactive toy hits shelves just in time for summer.
A new generation of kids can discover their own curious little creature and kindred spirit, that’s sure to be their next BFF.
Furby is available now in two new colors, Purple and Coral, on Amazon and will be at all major retailers starting July 15.
For additional images and information on Furby and the latest news from Hasbro, please visit newsroom.hasbro.com .

Hasbro Sponsors Special Olympics World Games Bringing the Power of Play and Inclusion to All

Retrieved on:

Friday, June 16, 2023

Hasbro, Inc. (NASDAQ: HAS), a toy and game company, today announced its support for the upcoming Special Olympics World Games, held in Berlin June 17-25, 2023.

Key Points:

Hasbro, Inc. (NASDAQ: HAS), a toy and game company, today announced its support for the upcoming Special Olympics World Games, held in Berlin June 17-25, 2023.
At the Special Olympics World Games, Hasbro will sponsor the Athlete Lounges and provide the company’s toys and games, including Monopoly, Clue, and Play-Doh for the “Hasbro Games Corner.” Hasbro is also the presenting sponsor of the Founders Reception, celebrating the legacy of Eunice Kennedy Shriver, who founded Special Olympics in 1968 and preserving her competitive spirit and relentless activism.
Special Olympics uses the power of sport to bring people together, similarly Hasbro’s toys and games promote togetherness and fun.
More than 100 young people representing over 45 Special Olympics programs will build inclusion by Activating Together at the Summit.

Hasbro Announces Spin on Classic Twister With New Augmented Reality Twister Air Game… No Mat Required

Retrieved on:

Wednesday, May 24, 2023

Twister Air is a new app-enabled game that takes the classic Twister gameplay fans know and love from the mat to the screen using augmented reality… no mat required.

Key Points:

Twister Air is a new app-enabled game that takes the classic Twister gameplay fans know and love from the mat to the screen using augmented reality… no mat required.
With Twister Air, the party moves onto the player's smart device.
To get started, players download the free Twister Air app available on Android and iOS, and place their smartphone or tablet in the provided Twister Air device stand.
For additional images and information on Twister Air and the latest news from Hasbro, please visit newsroom.hasbro.com .

Hasbro Named One of the Civic 50 Most Community-Minded Companies for 11th Consecutive Year

Retrieved on:

Tuesday, May 23, 2023

The Civic 50 is a national standard for corporate citizenship and showcases how leading companies are moving social impact, civic engagement, and community to the core of their business.

Key Points:

The Civic 50 is a national standard for corporate citizenship and showcases how leading companies are moving social impact, civic engagement, and community to the core of their business.
“At Hasbro, we believe the right to play is a fundamental human right," said Kathrin Belliveau, Hasbro’s Executive Vice President and Chief Purpose Officer.
Giving back to our local and global communities has been core to our culture since Hasbro was founded in 1923.
That’s why we are incredibly proud to be recognized as one of America's most community-minded companies through The Civic 50 for the 11th consecutive year.