Dungeons and Dragons captivated audiences as a beloved TV show during the 1980s, becoming a cultural phenomenon in its own right. Decades later, in March 2023, fans witnessed a film adaptation of the iconic franchise, titled Dungeons and Dragons: Honor Among Thieves.
However, despite high hopes, the movie fell short of expectations, failing to achieve the desired success.
Dungeons and Dragons
Nevertheless, amidst the disappointment, there shines a glimmer of hope for dedicated enthusiasts. The ongoing development of a new television series promises a continuation of the beloved saga, potentially paving the way for a sequel to the original animated show.
This optimistic outlook was reinforced by the confidence expressed by the CEO of Hasbro, who foresaw a bright future for the Dungeons and Dragons franchise on screen.
A Promising Update on the 80’s TV Show Dungeons and Dragons
1980’s cartoon Dungeons and Dragons
Amidst the concerns of Dungeons and Dragons...
However, despite high hopes, the movie fell short of expectations, failing to achieve the desired success.
Dungeons and Dragons
Nevertheless, amidst the disappointment, there shines a glimmer of hope for dedicated enthusiasts. The ongoing development of a new television series promises a continuation of the beloved saga, potentially paving the way for a sequel to the original animated show.
This optimistic outlook was reinforced by the confidence expressed by the CEO of Hasbro, who foresaw a bright future for the Dungeons and Dragons franchise on screen.
A Promising Update on the 80’s TV Show Dungeons and Dragons
1980’s cartoon Dungeons and Dragons
Amidst the concerns of Dungeons and Dragons...
- 2/18/2024
- by Pritha
- FandomWire
The CW has closed deals on game show versions of the classic board games “Trivial Pursuit” and “Scrabble,” Variety has learned.
Both the “Trivial Pursuit” and “Scrabble” game shows are being produced by Hasbro Entertainment, The CW and Lionsgate Alternative Television. “Scrabble” is also being produced by Mattel Television Studios.
Despite multiple reports about potential hosts, neither series has a host attached to it at this time. The CW had no comment on the game shows.
Back in 2021, Variety reported that LeVar Burton was set to host and executive produce a game show based on “Trivial Pursuit.” The series was in development at Entertainment One (eOne), which was owned by Hasbro at the time.
Then in August of last year, Hasbro sold eOne to Lionsgate for approximately $500 million.
“Entertainment remains a priority for Hasbro. Hasbro will continue to develop and produce entertainment based on the rich vault of Hasbro-owned brands,...
Both the “Trivial Pursuit” and “Scrabble” game shows are being produced by Hasbro Entertainment, The CW and Lionsgate Alternative Television. “Scrabble” is also being produced by Mattel Television Studios.
Despite multiple reports about potential hosts, neither series has a host attached to it at this time. The CW had no comment on the game shows.
Back in 2021, Variety reported that LeVar Burton was set to host and executive produce a game show based on “Trivial Pursuit.” The series was in development at Entertainment One (eOne), which was owned by Hasbro at the time.
Then in August of last year, Hasbro sold eOne to Lionsgate for approximately $500 million.
“Entertainment remains a priority for Hasbro. Hasbro will continue to develop and produce entertainment based on the rich vault of Hasbro-owned brands,...
- 2/15/2024
- by Michaela Zee
- Variety Film + TV
Hasbro fell short of Wall Street analysts’ consensus estimate for fourth-quarter earnings, blaming a 31% drop in 2023 entertainment revenue on the WGA and SAG-AFTRA strikes.
The toymaker also disappointed the Street with its 2024 outlook, particularly an expected 7% to 12% drop in consumer products sales, a category that typically accounts for more than half of total revenue. Shares in Hasbro fell 6% to around $48 after the earnings report.
In recent years, the company has reversed strategic course and taken a big step back from Hollywood. In 2023, it sold eOne to Lionsgate for $375 million in cash plus the assumption of some production financing loans, retaining eOne family properties like Peppa the Pig. Broader financial pressures influenced the move, which valued the film and TV assets well below the $4 billion Hasbro paid to acquire all of eOne in 2019. Last December, Hasbro announced a new round of layoffs, bringing its total 2023 workforce reduction to 20% as the company has battled inflation,...
The toymaker also disappointed the Street with its 2024 outlook, particularly an expected 7% to 12% drop in consumer products sales, a category that typically accounts for more than half of total revenue. Shares in Hasbro fell 6% to around $48 after the earnings report.
In recent years, the company has reversed strategic course and taken a big step back from Hollywood. In 2023, it sold eOne to Lionsgate for $375 million in cash plus the assumption of some production financing loans, retaining eOne family properties like Peppa the Pig. Broader financial pressures influenced the move, which valued the film and TV assets well below the $4 billion Hasbro paid to acquire all of eOne in 2019. Last December, Hasbro announced a new round of layoffs, bringing its total 2023 workforce reduction to 20% as the company has battled inflation,...
- 2/13/2024
- by Dade Hayes
- Deadline Film + TV
Shows like “Yellowjackets,” “The Rookie,” and “Naked & Afraid” all have a new home. Lionsgate has officially closed its acquisition of film and TV studio Entertainment One (eOne) from Hasbro for a sum of $375 million in cash, Lionsgate announced on December 27.
That’ll help Lionsgate beef up its own film and TV library, as the studio now has ownership of eOne’s crop of over 6,500 films and shows. Lionsgate already has one of the most impressive standalone film and TV libraries around town — one that has made it attractive for an acquisition of its own — and this deal makes it now well in excess of 20,000 titles.
On the film side, you’ve got a couple of Best Picture winners like “Green Book” and “Spotlight,” as well as some awards darlings and hits like “1917,” “The Woman King,” “The Post,” “Molly’s Game,” “The Bfg,” “The Duke,” “Arrival,” “Booksmart,” “If Beale Street Could Talk,...
That’ll help Lionsgate beef up its own film and TV library, as the studio now has ownership of eOne’s crop of over 6,500 films and shows. Lionsgate already has one of the most impressive standalone film and TV libraries around town — one that has made it attractive for an acquisition of its own — and this deal makes it now well in excess of 20,000 titles.
On the film side, you’ve got a couple of Best Picture winners like “Green Book” and “Spotlight,” as well as some awards darlings and hits like “1917,” “The Woman King,” “The Post,” “Molly’s Game,” “The Bfg,” “The Duke,” “Arrival,” “Booksmart,” “If Beale Street Could Talk,...
- 12/27/2023
- by Brian Welk
- Indiewire
Lionsgate has completed a $500 million deal to acquire certain assets of Entertainment One from Hasbro.
The studio met a year-end deadline to pick up a content library of nearly 6,500 titles and active productions for non-Hasbro owned IP like the Yellowjackets, The Rookie and Naked and Afraid franchises, as well as the eOne unscripted business.
The eOne branded film business also produced and financed movies as like Dungeons & Dragons: Honor Among Thieves and The Woman King. The transaction also includes the film development rights to Hasbro’s Monopoly classic board game brand.
Acquiring eOne allows Lionsgate to strengthen its production operations and continue grow its film and TV businesses in the U.K. and Canada, where it has extensive local partnerships.
“The eOne acquisition concludes a busy year in which we continued to execute our strategy of strengthening our studio business as we prepare for the separation of Lionsgate and...
The studio met a year-end deadline to pick up a content library of nearly 6,500 titles and active productions for non-Hasbro owned IP like the Yellowjackets, The Rookie and Naked and Afraid franchises, as well as the eOne unscripted business.
The eOne branded film business also produced and financed movies as like Dungeons & Dragons: Honor Among Thieves and The Woman King. The transaction also includes the film development rights to Hasbro’s Monopoly classic board game brand.
Acquiring eOne allows Lionsgate to strengthen its production operations and continue grow its film and TV businesses in the U.K. and Canada, where it has extensive local partnerships.
“The eOne acquisition concludes a busy year in which we continued to execute our strategy of strengthening our studio business as we prepare for the separation of Lionsgate and...
- 12/27/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Giant toymaker Hasbro is laying off 1,100 employees, following 800 staff cuts announced earlier this year, as CEO Chris Cocks cited a tough business climate that’s been slow to recover. That’s about 20% of the company’s global workforce.
“The market headwinds we anticipated have proven to be stronger and more persistent than planned. While we’re confident in the future of Hasbro, the current environment demands that we do more, even if these choices are some of the hardest we have to make,” the chief executive said in an email to staff today.
In August, in a big step towards refocusing its business, the Rhode Island-based company agreed to sell eOne to Lionsgate in a deal worth $500 million. Cocks cited success “retooling our supply chain, improving our inventory position, lowering costs, and reinvesting over $200M back into the business while growing share across many of our categories.”
But he said...
“The market headwinds we anticipated have proven to be stronger and more persistent than planned. While we’re confident in the future of Hasbro, the current environment demands that we do more, even if these choices are some of the hardest we have to make,” the chief executive said in an email to staff today.
In August, in a big step towards refocusing its business, the Rhode Island-based company agreed to sell eOne to Lionsgate in a deal worth $500 million. Cocks cited success “retooling our supply chain, improving our inventory position, lowering costs, and reinvesting over $200M back into the business while growing share across many of our categories.”
But he said...
- 12/11/2023
- by Jill Goldsmith
- Deadline Film + TV
Hasbro plans to eliminate approximately 1,100 positions amid continued headwinds in the toy business.
In a memo to employees, CEO Chris Cocks said while the toymaker has seen some improvements due to a retooled supply chain and improved inventory, the market headwinds “have proven to be stronger and more persistent than planned.” The company had already laid off about 800 employees earlier this year.
“We anticipated the first three quarters to be challenging, particularly in Toys, where the market is coming off historic, pandemic-driven highs. While we have made some important progress across our organization, the headwinds we saw through the first nine months of the year have continued into Holiday and are likely to persist into 2024,” he wrote.
The company accrued about $94 million in expenses related to the initial layoffs and expects to accrue $40 million in incremental severance expenses related to the latest layoffs. These layoffs are expected to deliver gross...
In a memo to employees, CEO Chris Cocks said while the toymaker has seen some improvements due to a retooled supply chain and improved inventory, the market headwinds “have proven to be stronger and more persistent than planned.” The company had already laid off about 800 employees earlier this year.
“We anticipated the first three quarters to be challenging, particularly in Toys, where the market is coming off historic, pandemic-driven highs. While we have made some important progress across our organization, the headwinds we saw through the first nine months of the year have continued into Holiday and are likely to persist into 2024,” he wrote.
The company accrued about $94 million in expenses related to the initial layoffs and expects to accrue $40 million in incremental severance expenses related to the latest layoffs. These layoffs are expected to deliver gross...
- 12/11/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Hasbro’s Entertainment One has cut another 10 percent of its workforce as a $500 million deal to sell the division to Lionsgate nears a scheduled completion this month, The Hollywood Reporter has confirmed.
It’s understood that, ahead of eOne and Lionsgate combining, likely by the final week of December, eOne workers have been told who will be welcomed into the Hollywood studio after the close of the sales agreement, and which employees will not be taken on by Lionsgate or can continue through a brief transitional period.
In June 2023, eOne cut another 20 percent of its workforce as parent Hasbro looked to reduce overall costs at the toymaker and had put its film and TV unit up for sale. Hasbro acquired the Toronto-based studio in 2019 as part of a $4 billion all-cash transaction and announced its intention to sell eOne in mid-November 2022.
An earlier plan by Hasbro to have eOne expand the...
It’s understood that, ahead of eOne and Lionsgate combining, likely by the final week of December, eOne workers have been told who will be welcomed into the Hollywood studio after the close of the sales agreement, and which employees will not be taken on by Lionsgate or can continue through a brief transitional period.
In June 2023, eOne cut another 20 percent of its workforce as parent Hasbro looked to reduce overall costs at the toymaker and had put its film and TV unit up for sale. Hasbro acquired the Toronto-based studio in 2019 as part of a $4 billion all-cash transaction and announced its intention to sell eOne in mid-November 2022.
An earlier plan by Hasbro to have eOne expand the...
- 12/1/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Here’s a look at this week’s biggest premieres, parties and openings in Los Angeles and New York, including events for AFI Fest, The Holdovers, Quiz Lady and The Killer.
Bcrf Awards Luncheon
The Breast Cancer Research Foundation held its annual Symposium and Awards Luncheon on Oct. 20, hosted by Alina Cho and honoring both Kendra Scott and Olufunmilayo (Funmi) I. Olopade, MD, Faacr.
Kendra Scott, Dr. Olufunmilayo Olopade and Alina Cho
Hello Sunshine’s Shine Away event
Reese Witherspoon and her Hello Sunshine media company hosted its inaugural Shine Away event on Saturday in Los Angeles, with participants including Jennifer Garner, Mindy Kaling, Tracee Ellis Ross, Fortune Feimster, Allyson Felix and The Home Edit’s Clea Shearer and Joanna Teplin.
Jennifer Garner, Reese Witherspoon, Mindy Kaling and Fortune Feimster Reese Witherspoon and Tracee Ellis Ross
Go Gala
Go Campaign hosted its 17th annual Go Gala at Citizen News in Hollywood on Saturday,...
Bcrf Awards Luncheon
The Breast Cancer Research Foundation held its annual Symposium and Awards Luncheon on Oct. 20, hosted by Alina Cho and honoring both Kendra Scott and Olufunmilayo (Funmi) I. Olopade, MD, Faacr.
Kendra Scott, Dr. Olufunmilayo Olopade and Alina Cho
Hello Sunshine’s Shine Away event
Reese Witherspoon and her Hello Sunshine media company hosted its inaugural Shine Away event on Saturday in Los Angeles, with participants including Jennifer Garner, Mindy Kaling, Tracee Ellis Ross, Fortune Feimster, Allyson Felix and The Home Edit’s Clea Shearer and Joanna Teplin.
Jennifer Garner, Reese Witherspoon, Mindy Kaling and Fortune Feimster Reese Witherspoon and Tracee Ellis Ross
Go Gala
Go Campaign hosted its 17th annual Go Gala at Citizen News in Hollywood on Saturday,...
- 10/27/2023
- by Kirsten Chuba
- The Hollywood Reporter - Movie News
Hasbro’s sale of eOne’s film and TV business has received the necessary regulatory approvals and is on schedule to close by the end of the year.
As announced in August, Lionsgate is set to buy the assets for about $500 million — including a content library of close to 6,500 titles; active productions for non-Hasbro owned IP like The Rookie, Yellowjackets, and Naked and Afraid franchises; and the eOne unscripted business. The toy maker had acquired eOne, which also owns properties such as the Peppa Pig and Pj Masks kids series, for about $4 billion.
“The sale of eOne film and TV, which continues to be on track for an end of year close, will simplify our operating model and refocus Hasbro on our core mission,” said Hasbro CEO Chris Cocks. “Moving forward, our entertainment efforts will be franchise led and asset light focused on driving toy and game sales, with support from world class content partners.
As announced in August, Lionsgate is set to buy the assets for about $500 million — including a content library of close to 6,500 titles; active productions for non-Hasbro owned IP like The Rookie, Yellowjackets, and Naked and Afraid franchises; and the eOne unscripted business. The toy maker had acquired eOne, which also owns properties such as the Peppa Pig and Pj Masks kids series, for about $4 billion.
“The sale of eOne film and TV, which continues to be on track for an end of year close, will simplify our operating model and refocus Hasbro on our core mission,” said Hasbro CEO Chris Cocks. “Moving forward, our entertainment efforts will be franchise led and asset light focused on driving toy and game sales, with support from world class content partners.
- 10/26/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Exclusive: eOne’s long-serving President of International Distribution, Stuart Baxter, is leaving ahead of the Yellowjackets and The Rookie studio’s $500M sale to Lionsgate, we can reveal.
The former Warner Bros. and Sony exec will exit his post at the end of the week after more than nine years at the helm of eOne’s London-based international distribution operation. In the role, he oversaw international TV and film international sales efforts across pay-tv, free-tv, SVOD and AVOD windows.
Under Baxter’s leadership, eOne’s international sales unit became one of the largest UK-based operations, raking in hundreds of millions of dollars each year through sales of shows such as The Rookie and The Walking Dead and films including the Twilight franchise. Since becoming part of Hasbro in 2019, it has also sold library titles from the toy firm’s catalog.
We understand up to seven staff from Baxter’s team...
The former Warner Bros. and Sony exec will exit his post at the end of the week after more than nine years at the helm of eOne’s London-based international distribution operation. In the role, he oversaw international TV and film international sales efforts across pay-tv, free-tv, SVOD and AVOD windows.
Under Baxter’s leadership, eOne’s international sales unit became one of the largest UK-based operations, raking in hundreds of millions of dollars each year through sales of shows such as The Rookie and The Walking Dead and films including the Twilight franchise. Since becoming part of Hasbro in 2019, it has also sold library titles from the toy firm’s catalog.
We understand up to seven staff from Baxter’s team...
- 9/14/2023
- by Jesse Whittock
- Deadline Film + TV
Hasbro’s chief executive said the toy giant’s renewed focus on its roots by selling eOne was a hard decision but the best one for the company, which will save in terms of management distraction and cash.
“I am a passionate believer in the power of games and, more generally, the power of play, to build relationships with consumers. I think that has been the secret sauce of Hasbro for the hundred year we’ve been in business,” Chris Cocks told investors at the Goldman Sachs media conference today.
He acknowledged that “eOne brought a lot of assets to the table. But after three years of integrating them, less than 5% of our efforts at the film and TV division were around driving Hasbro brands.” Also, “the category had quite a bit of margin contraction with the accelerated shift to streaming, more proprietary distribution, and the decline of theatrical – particularly...
“I am a passionate believer in the power of games and, more generally, the power of play, to build relationships with consumers. I think that has been the secret sauce of Hasbro for the hundred year we’ve been in business,” Chris Cocks told investors at the Goldman Sachs media conference today.
He acknowledged that “eOne brought a lot of assets to the table. But after three years of integrating them, less than 5% of our efforts at the film and TV division were around driving Hasbro brands.” Also, “the category had quite a bit of margin contraction with the accelerated shift to streaming, more proprietary distribution, and the decline of theatrical – particularly...
- 9/6/2023
- by Jill Goldsmith
- Deadline Film + TV
Hasbro has set its leadership team for its “asset-lite” entertainment division, a series of moves that come after the toymaker sold eOne to Lionsgate for $500 million and it “right-sizes” its entertainment footprint with a focus on kids content.
Olivier Dumont, previously President of Family Brands for eOne, will run Hasbro Entertainment, the company said Wednesday. Gabriel Marano, who was Co-Head of Scripted Development for eOne, will oversee television and Zev Foreman, who was President of Film Production for eOne, will run film.
Dumont becomes President of Hasbro Entertainment, with Marano as Head of Television and Foreman as Head of Film. Foreman and Marano were primarily focused on Hasbro IP projects while at eOne and will continue this work in their new roles for Hasbro.
Hasbro CEO Chris Cocks said Hasbro Entertainment would have a new “marquee mission” to develop, finance and produce entertainment based on its brands after the sale.
Olivier Dumont, previously President of Family Brands for eOne, will run Hasbro Entertainment, the company said Wednesday. Gabriel Marano, who was Co-Head of Scripted Development for eOne, will oversee television and Zev Foreman, who was President of Film Production for eOne, will run film.
Dumont becomes President of Hasbro Entertainment, with Marano as Head of Television and Foreman as Head of Film. Foreman and Marano were primarily focused on Hasbro IP projects while at eOne and will continue this work in their new roles for Hasbro.
Hasbro CEO Chris Cocks said Hasbro Entertainment would have a new “marquee mission” to develop, finance and produce entertainment based on its brands after the sale.
- 8/16/2023
- by Peter White
- Deadline Film + TV
Toy maker Hasbro has tapped a trio of former Entertainment One execs to head up its newly launched Hasbro Entertainment content studio.
The new division to unify film, TV, animation and digital media production will be led by Olivier Dumont as president of Hasbro Entertainment, with Zev Foreman and Gabriel Marano installed as head of film and head of television, respectively.
Unveiling the new leadership team for the division follows Hasbro selling eOne to Lionsgate for around $500 million to focus on branded assets like Peppa Pig, Transformers and Dungeons & Dragons as it looks to become a digital games giant.
Dumont most recently served as president of family brands for eOne, while Foreman was president of film production and Marano was co-head of scripted development for eOne. Foreman and Marano were focused on mining Hasbro’s toy chest for original IP while at eOne, and will continue that work in their new roles.
The new division to unify film, TV, animation and digital media production will be led by Olivier Dumont as president of Hasbro Entertainment, with Zev Foreman and Gabriel Marano installed as head of film and head of television, respectively.
Unveiling the new leadership team for the division follows Hasbro selling eOne to Lionsgate for around $500 million to focus on branded assets like Peppa Pig, Transformers and Dungeons & Dragons as it looks to become a digital games giant.
Dumont most recently served as president of family brands for eOne, while Foreman was president of film production and Marano was co-head of scripted development for eOne. Foreman and Marano were focused on mining Hasbro’s toy chest for original IP while at eOne, and will continue that work in their new roles.
- 8/16/2023
- by Etan Vlessing and Mia Galuppo
- The Hollywood Reporter - Movie News
In September 2018, newly installed Mattel CEO Ynon Kreiz revamped the toy company’s Hollywood aspirations and launched a films division with plans to bring its toy franchises to the big screen in licensing and partnerships with studios after options had lapsed on big titles, including a Sony Pictures adaptation of Barbie with Anne Hathaway attached to star.
A year later, its rival, Hasbro, set its sights beyond licensing its big franchises (Dungeons and Dragons, Transformers, G.I. Joe): It wanted to become Marvel Studios and produce its own films, too. So Hasbro snapped up producer Entertainment One for $3.8 billion in August 2019 to cement those ambitions.
Fast-forward to this year and the diverging paths — Should you build and buy or license content? Do you go all in or let partners play a bigger role? — have played out for the toy companies, with Hasbro changing course toward Mattel’s playbook of licensing...
A year later, its rival, Hasbro, set its sights beyond licensing its big franchises (Dungeons and Dragons, Transformers, G.I. Joe): It wanted to become Marvel Studios and produce its own films, too. So Hasbro snapped up producer Entertainment One for $3.8 billion in August 2019 to cement those ambitions.
Fast-forward to this year and the diverging paths — Should you build and buy or license content? Do you go all in or let partners play a bigger role? — have played out for the toy companies, with Hasbro changing course toward Mattel’s playbook of licensing...
- 8/9/2023
- by Etan Vlessing and Georg Szalai
- The Hollywood Reporter - Movie News
When Transformers became a big hit in 2006, Hasbro saw an opportunity to adapt other properties that lent itself to feature films. There had already been Transformers animated shows prior to the movie, so the company tried its hand at one of its most famous toy lines, which also had been a popular cartoon, G.I. Joe. While G.I. Joe didn’t quite do business like they hoped, as of this year, the seventh entry in the Transformers films has been released. Then came Barbie. And after the talk that Mattel is looking to capitalize on Barbie‘s big box office blowout, Hasbro is now looking to collect more than $200 on a Monopoly film adaptation.
According to Variety, the recent Lionsgate acquisition of Entertainment One or eOne, which is a film and TV operation out of Hasbro, is now putting a bevy of possible titles in development for film projects. One of...
According to Variety, the recent Lionsgate acquisition of Entertainment One or eOne, which is a film and TV operation out of Hasbro, is now putting a bevy of possible titles in development for film projects. One of...
- 8/4/2023
- by EJ Tangonan
- JoBlo.com
From Barbie to The Super Mario Bros. to Hot Wheels and more, the era for movie adaptations of toys and games is here, and in full force. Next up? A Monopoly movie.
That’s right, after closing a $500 million deal to to acquire Entertainment One (eOne) from Hasbro, Lionsgate has put several new titles into motion. Key among them is one based on the popular board game from 1935 (via Variety).
“This sale fully aligns with our strategy, and we are pleased to bring the process to a successful close,” Hasbro CEO Chris Cocks said in a statement regarding the deal. “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 and TV business. We look forward to partnering with them, especially on a movie adaptation of Monopoly.”
A movie adaptation of the...
That’s right, after closing a $500 million deal to to acquire Entertainment One (eOne) from Hasbro, Lionsgate has put several new titles into motion. Key among them is one based on the popular board game from 1935 (via Variety).
“This sale fully aligns with our strategy, and we are pleased to bring the process to a successful close,” Hasbro CEO Chris Cocks said in a statement regarding the deal. “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 and TV business. We look forward to partnering with them, especially on a movie adaptation of Monopoly.”
A movie adaptation of the...
- 8/4/2023
- by Jo Vito
- Consequence - Film News
Steve Bertram is leaving Entertainment One as president, film & television after Hasbro unveiled a deal to sell the content division to Lionsgate for $500 million.
“With the business transitioning to a new owner, the time is right for me to move on,” Bertram told staff in an internal memo obtained by The Hollywood Reporter. Lionsgate offered no comment on Bertram indicating he will step down.
Bertram joined the then indie producer and distributor as president, global film group, in 2014 to oversee distribution operations in Canada, the U.K., the U.S., Australia/New Zealand, Spain and the Benelux. That followed Bertram leading new business development and operations at DreamWorks, reporting to CEO Jeffrey Katzenberg.
Bertram in the internal memo said he will remain with eOne “for a short period” to help pave the way for eOne to land at Lionsgate. “Hasbro will appoint a transition team shortly that will be tasked...
“With the business transitioning to a new owner, the time is right for me to move on,” Bertram told staff in an internal memo obtained by The Hollywood Reporter. Lionsgate offered no comment on Bertram indicating he will step down.
Bertram joined the then indie producer and distributor as president, global film group, in 2014 to oversee distribution operations in Canada, the U.K., the U.S., Australia/New Zealand, Spain and the Benelux. That followed Bertram leading new business development and operations at DreamWorks, reporting to CEO Jeffrey Katzenberg.
Bertram in the internal memo said he will remain with eOne “for a short period” to help pave the way for eOne to land at Lionsgate. “Hasbro will appoint a transition team shortly that will be tasked...
- 8/3/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
No one should be surprised that Lionsgate announced the purchase of eOne’s film and TV business for $500 million — we all knew that was coming — but it is totally reasonable to be confused.
Lionsgate, which is already trying to sell its own studio, gets nearly 6,500 titles in the deal, including ongoing series like “Yellowjackets,” “The Rookie,” and “Naked and Afraid.” There’s also library content like “1917,” “Atomic Blonde,” “Green Book,” “Grey’s Anatomy,” and “Criminal Minds.”
We don’t yet have the full list of what stays with Hasbro and what goes to Lionsgate, but we know unscripted competition series “Play-Doh Squished” is part of the transaction, and that Lionsgate gets the rights for an upcoming Monopoly movie. Kevin Hart was once set to star in the planned film adaptation of the generations-spanning board game; IndieWire did not immediately get an answer to our question about his current involvement.
Peppa Pig,...
Lionsgate, which is already trying to sell its own studio, gets nearly 6,500 titles in the deal, including ongoing series like “Yellowjackets,” “The Rookie,” and “Naked and Afraid.” There’s also library content like “1917,” “Atomic Blonde,” “Green Book,” “Grey’s Anatomy,” and “Criminal Minds.”
We don’t yet have the full list of what stays with Hasbro and what goes to Lionsgate, but we know unscripted competition series “Play-Doh Squished” is part of the transaction, and that Lionsgate gets the rights for an upcoming Monopoly movie. Kevin Hart was once set to star in the planned film adaptation of the generations-spanning board game; IndieWire did not immediately get an answer to our question about his current involvement.
Peppa Pig,...
- 8/3/2023
- by Tony Maglio
- Indiewire
Hasbro will move to an “asset-lite model for future live action entertainment” following the $500M eOne sale, according to CEO Chris Cocks.
Speaking as the toy giant unveiled the eOne deal plus Q2 earnings, Cocks said that, going forwards, Hasbro will rely on licensing and partnerships with select co-production partners. He cited the likes of the upcoming Transformers One animation and the Dungeons & Dragons TV series as examples, both of which are being made with Paramount.
Deadline revealed Lionsgate was in pole position to buy on-the-block Woman King studio eOne several weeks ago and confirmation came early this morning.
Hasbro acquired eOne in 2019 for $4B but sold the studio for just $500M, although it keeps hold of around 15% – the lucrative family brands division that houses staples such as Peppa Pig and Pj Masks. Around 20% of eOne’s film and TV staff have been impacted by layoffs over the past few months.
Speaking as the toy giant unveiled the eOne deal plus Q2 earnings, Cocks said that, going forwards, Hasbro will rely on licensing and partnerships with select co-production partners. He cited the likes of the upcoming Transformers One animation and the Dungeons & Dragons TV series as examples, both of which are being made with Paramount.
Deadline revealed Lionsgate was in pole position to buy on-the-block Woman King studio eOne several weeks ago and confirmation came early this morning.
Hasbro acquired eOne in 2019 for $4B but sold the studio for just $500M, although it keeps hold of around 15% – the lucrative family brands division that houses staples such as Peppa Pig and Pj Masks. Around 20% of eOne’s film and TV staff have been impacted by layoffs over the past few months.
- 8/3/2023
- by Max Goldbart
- Deadline Film + TV
Lionsgate and Hasbro said on Thursday that they reached a deal for the media company to buy eOne, the toy giant’s film production company, for $500 million.
The deal includes $375 million in cash. The rest will involve Lionsgate assuming production financing loans for ongoing projects.
As part of the pact, Lionsgate also will acquire film development rights to Hasbro’s “Monopoly,” based on the enduring board game. Kevin Hart was cast to star in the film in 2019.
Wall Street was positive on the deal. Lionsgate shares edged up less than 1% in premarket trading, despite buyers typically seeing shares dip when a deal is announced. The stock closed at $7.98 Monday, up about 25% since the start of the year.
Hasbro shares rose about 2% in premarket trading after closing Wednesday at $64.37.
Hasbro has been shopping eOne, which co-produces films and television based on Hasbro IP as part of a production deal with Paramount,...
The deal includes $375 million in cash. The rest will involve Lionsgate assuming production financing loans for ongoing projects.
As part of the pact, Lionsgate also will acquire film development rights to Hasbro’s “Monopoly,” based on the enduring board game. Kevin Hart was cast to star in the film in 2019.
Wall Street was positive on the deal. Lionsgate shares edged up less than 1% in premarket trading, despite buyers typically seeing shares dip when a deal is announced. The stock closed at $7.98 Monday, up about 25% since the start of the year.
Hasbro shares rose about 2% in premarket trading after closing Wednesday at $64.37.
Hasbro has been shopping eOne, which co-produces films and television based on Hasbro IP as part of a production deal with Paramount,...
- 8/3/2023
- by Eileen AJ Connelly
- The Wrap
Transaction approved by both companies’ boards; deal expected to be finalised by end of 2023.
Hasbro has confirmed the sale of its Entertainment One (eOne) film and TV business to Lionsgate, for $500m.
The sale, which had been anticipated over recent months, consists of $375m cash subject to purchase price adjustments; and the assumption by Lionsgate of production financing loans.
The boards of directors at both companies have approved the transaction, which remains subject to customary closing conditions, including the receipt of regulatory approvals. The sale is expected to close by the end of 2023.
Hasbro and Lionsgate will move ahead with...
Hasbro has confirmed the sale of its Entertainment One (eOne) film and TV business to Lionsgate, for $500m.
The sale, which had been anticipated over recent months, consists of $375m cash subject to purchase price adjustments; and the assumption by Lionsgate of production financing loans.
The boards of directors at both companies have approved the transaction, which remains subject to customary closing conditions, including the receipt of regulatory approvals. The sale is expected to close by the end of 2023.
Hasbro and Lionsgate will move ahead with...
- 8/3/2023
- by Ben Dalton
- ScreenDaily
Lionsgate is set to buy Hasbro’s Entertainment One film and TV business for $500 million under a deal unveiled Thursday.
The price tag consists of $375 million in cash, subject to certain purchase price adjustments, and the assumption of production financing loans, the companies said before the stock market open. “The transaction has been approved by both companies’ boards of directors and remains subject to customary closing conditions, including the receipt of regulatory approvals.” The deal is expected to close by the end of 2023.
The sale covers a content library of “nearly 6,500 titles, active productions for non-Hasbro owned IP like The Rookie, Yellowjackets and Naked and Afraid franchises, and the eOne unscripted business, which will include rights for certain Hasbro-based shows like Play-Doh Squished,” the companies said. “The eOne film and TV business being sold also includes Hasbro’s interest in the Canadian film and TV operations of Entertainment One Canada Limited.
The price tag consists of $375 million in cash, subject to certain purchase price adjustments, and the assumption of production financing loans, the companies said before the stock market open. “The transaction has been approved by both companies’ boards of directors and remains subject to customary closing conditions, including the receipt of regulatory approvals.” The deal is expected to close by the end of 2023.
The sale covers a content library of “nearly 6,500 titles, active productions for non-Hasbro owned IP like The Rookie, Yellowjackets and Naked and Afraid franchises, and the eOne unscripted business, which will include rights for certain Hasbro-based shows like Play-Doh Squished,” the companies said. “The eOne film and TV business being sold also includes Hasbro’s interest in the Canadian film and TV operations of Entertainment One Canada Limited.
- 8/3/2023
- by Etan Vlessing and Georg Szalai
- The Hollywood Reporter - Movie News
Lionsgate has acquired Entertainment One’s (eOne)TV and film operations from Hasbro for approximately $500 million. The transaction is expected to close by the end of the year.
News of the sale — which broke just ahead of Hasbro’s Q2 2023 earnings call, scheduled for Thursday morning — comes nearly four years to the date when Hasbro announced their intent to acquire eOne in a $3.8 billion deal in August 2019.
According to a press release from Hasbro, “The sale will include a talented team of employees, a content library of nearly 6,500 titles, active productions for non-Hasbro owned IP like ‘The Rookie,’ ‘Yellowjackets’ and ‘Naked and Afraid’ franchises, and the eOne unscripted business, which will include rights for certain Hasbro-based shows like ‘Play-Doh Squished.'” The sale also includes Hasbro’s interest in the Canadian film & TV operations of eOne Canada Limited.
“This sale fully aligns with our strategy, and we are pleased to...
News of the sale — which broke just ahead of Hasbro’s Q2 2023 earnings call, scheduled for Thursday morning — comes nearly four years to the date when Hasbro announced their intent to acquire eOne in a $3.8 billion deal in August 2019.
According to a press release from Hasbro, “The sale will include a talented team of employees, a content library of nearly 6,500 titles, active productions for non-Hasbro owned IP like ‘The Rookie,’ ‘Yellowjackets’ and ‘Naked and Afraid’ franchises, and the eOne unscripted business, which will include rights for certain Hasbro-based shows like ‘Play-Doh Squished.'” The sale also includes Hasbro’s interest in the Canadian film & TV operations of eOne Canada Limited.
“This sale fully aligns with our strategy, and we are pleased to...
- 8/3/2023
- by Angelique Jackson and Ellise Shafer
- Variety Film + TV
Hasbro has confirmed the sale of Entertainment One (eOne) to Lionsgate for $500M, which should close by the end of this year.
Speculation had been intensifying that confirmation was incoming, with Deadline revealing several weeks ago that Lionsgate was in pole position to buy the majority of the on-the-block Woman King and Yellowjackets studio. The news came in the hours preceding Hasbro’s Q2 earnings call.
Hasbro bought eOne for $4B in 2019 but will sell for just $500M, consisting of $375M in cash, subject to certain purchase price adjustments, and the assumption by Lionsgate of production financing loans. Hasbro said the transaction has been approved by both companies’ Boards of Directors and remains subject to closing conditions and regulatory approvals. It will use the proceeds to retire a minimum of $400M of floating rate debt by the end of the year.
“This sale fully aligns with our strategy, and we...
Speculation had been intensifying that confirmation was incoming, with Deadline revealing several weeks ago that Lionsgate was in pole position to buy the majority of the on-the-block Woman King and Yellowjackets studio. The news came in the hours preceding Hasbro’s Q2 earnings call.
Hasbro bought eOne for $4B in 2019 but will sell for just $500M, consisting of $375M in cash, subject to certain purchase price adjustments, and the assumption by Lionsgate of production financing loans. Hasbro said the transaction has been approved by both companies’ Boards of Directors and remains subject to closing conditions and regulatory approvals. It will use the proceeds to retire a minimum of $400M of floating rate debt by the end of the year.
“This sale fully aligns with our strategy, and we...
- 8/3/2023
- by Max Goldbart
- Deadline Film + TV
Speculation is intensifying that Lionsgate is getting closer to a deal to acquire the Hasbro-owned Entertainment One.
The timing is not coincidental. Hasbro is set to report second-quarter 2023 earnings Thursday morning. The company’s CEO Chris Cocks had said in February that “we expect to have an update in the second quarter,” so he probably would like to give investors said update on the Q2 call.
Sources close to the situation caution that, while there is an effort to close the deal by Thursday, negotiations are ongoing and they may not be completed in time for the Hasbro earnings announcement. Reps for Hasbro and Lionsgate declined comment or did not respond to a request for comment.
M&a — and all dealmaking — in Hollywood has slowed down amid overall economic woes and two strikes against the studios, one by the WGA and one by SAG-AFTRA.
Deadline revealed last month that Lionsgate...
The timing is not coincidental. Hasbro is set to report second-quarter 2023 earnings Thursday morning. The company’s CEO Chris Cocks had said in February that “we expect to have an update in the second quarter,” so he probably would like to give investors said update on the Q2 call.
Sources close to the situation caution that, while there is an effort to close the deal by Thursday, negotiations are ongoing and they may not be completed in time for the Hasbro earnings announcement. Reps for Hasbro and Lionsgate declined comment or did not respond to a request for comment.
M&a — and all dealmaking — in Hollywood has slowed down amid overall economic woes and two strikes against the studios, one by the WGA and one by SAG-AFTRA.
Deadline revealed last month that Lionsgate...
- 8/1/2023
- by Nellie Andreeva
- Deadline Film + TV
Exclusive: Lionsgate has established pole position to acquire the Hasbro-owned Entertainment One, sources tell Deadline.
Since Hasbro declared it was shedding all but its core business, Lionsgate has been oft-mentioned as a suitor, as has Legendary. The two indie studios have been more recently bidding for the eOne film and TV assets alongside distributor GoDigital Media Group, with former eOne CEO Darren Throop launching another effort to raise financing. As Deadline has reported, Fremantle and Cvc Capital Partners also were potential buyers earlier in the process.
Lionsgate, whose vice chair Michael Burns sits on the Hasbro board, is in the process of separating its film and TV studio from Starz.
eOne has been changing also pre-sale. Nick Meyer left the company, and eOne underwent a round of layoffs that impacted about 20% of the indie studio’s film and television staff.
“This workforce reduction is part of the ongoing transformational...
Since Hasbro declared it was shedding all but its core business, Lionsgate has been oft-mentioned as a suitor, as has Legendary. The two indie studios have been more recently bidding for the eOne film and TV assets alongside distributor GoDigital Media Group, with former eOne CEO Darren Throop launching another effort to raise financing. As Deadline has reported, Fremantle and Cvc Capital Partners also were potential buyers earlier in the process.
Lionsgate, whose vice chair Michael Burns sits on the Hasbro board, is in the process of separating its film and TV studio from Starz.
eOne has been changing also pre-sale. Nick Meyer left the company, and eOne underwent a round of layoffs that impacted about 20% of the indie studio’s film and television staff.
“This workforce reduction is part of the ongoing transformational...
- 7/17/2023
- by Mike Fleming Jr and Nellie Andreeva
- Deadline Film + TV
Exclusive: Hasbro-owned Entertainment One is undergoing a round of layoffs sources tell Deadline. The reduction is said to impact about 20% of the indie studio’s film and television staff.
“This workforce reduction is part of the ongoing transformational changes Hasbro announced in January to substantially reduce costs and increase growth rates and profitability,” Hasbro spokesperson Roberta Thomson said in a statement to Deadline, declining further comment.
Hasbro’s plan, announced in January, involves cutting 15% of the company’s global workforce this year, or about 1,000 positions.
The eOne layoffs follow Nick Meyer’s announcement last month that he was exiting as the indie studio’s President of Film when his contract ends in June.
They also come as Hasbro is in the final stage of selling a majority stake in the bulk of eOne’s film and television assets. Lionsgate had recently emerged as a frontrunner in the process but...
“This workforce reduction is part of the ongoing transformational changes Hasbro announced in January to substantially reduce costs and increase growth rates and profitability,” Hasbro spokesperson Roberta Thomson said in a statement to Deadline, declining further comment.
Hasbro’s plan, announced in January, involves cutting 15% of the company’s global workforce this year, or about 1,000 positions.
The eOne layoffs follow Nick Meyer’s announcement last month that he was exiting as the indie studio’s President of Film when his contract ends in June.
They also come as Hasbro is in the final stage of selling a majority stake in the bulk of eOne’s film and television assets. Lionsgate had recently emerged as a frontrunner in the process but...
- 6/22/2023
- by Nellie Andreeva
- Deadline Film + TV
Toy company Hasbro said it will provide an update on the sale of eOne during its current second quarter, which typically runs through the end of June.
“The sale process for the eOne TV and film assets is ongoing and we expect to provide an update during the second quarter,” said Hasbro CEO Chris Cocks. “The global Hasbro team continues to execute our strategy to unlock the value of our rich IP library across our growth priorities including in gaming, direct-to-consumer and licensing.”
Hasbro acquired the Toronto-based studio in 2019, which houses most of its entertainment assets and announced its intention to sell it in mid-November 2022. That process was jump-started by eOne founder Darren Throop announcing he would finish out his employment contract and then leave the company at the end 2022.
Now, Throop has been in talks to acquire the film and TV production and distribution unit back from Hasbro. The...
“The sale process for the eOne TV and film assets is ongoing and we expect to provide an update during the second quarter,” said Hasbro CEO Chris Cocks. “The global Hasbro team continues to execute our strategy to unlock the value of our rich IP library across our growth priorities including in gaming, direct-to-consumer and licensing.”
Hasbro acquired the Toronto-based studio in 2019, which houses most of its entertainment assets and announced its intention to sell it in mid-November 2022. That process was jump-started by eOne founder Darren Throop announcing he would finish out his employment contract and then leave the company at the end 2022.
Now, Throop has been in talks to acquire the film and TV production and distribution unit back from Hasbro. The...
- 4/27/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Entertainment One founder Darren Throop is in talks with Hasbro to acquire the film and TV production and distribution unit he sold to the toy giant in 2019, The Hollywood Reporter has confirmed.
J.P. Morgan and Centerview Partners led a formal auction for eOne, which has a film and TV library with around 6,500 titles and a branded film and scripted TV business that produces and finances content like Dungeons & Dragons: Honor Among Thieves, The Woman King, Yellowjackets and the Rookie franchise. Bloomberg first reported the talks with Throop on Thursday.
It has emerged Throop has been talking to Cvc Capital Partners, a Luxembourg-based private equity firm with other media interests, about bringing financing to the table to reacquire certain assets of eOne. In mid-November 2022, Hasbro first announced it was exploring a possible sale of eOne.
Any sale is likely to see Hasbro retain Peppa Pig and other key properties it...
J.P. Morgan and Centerview Partners led a formal auction for eOne, which has a film and TV library with around 6,500 titles and a branded film and scripted TV business that produces and finances content like Dungeons & Dragons: Honor Among Thieves, The Woman King, Yellowjackets and the Rookie franchise. Bloomberg first reported the talks with Throop on Thursday.
It has emerged Throop has been talking to Cvc Capital Partners, a Luxembourg-based private equity firm with other media interests, about bringing financing to the table to reacquire certain assets of eOne. In mid-November 2022, Hasbro first announced it was exploring a possible sale of eOne.
Any sale is likely to see Hasbro retain Peppa Pig and other key properties it...
- 4/21/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
eOne: Lionsgate & Legendary Remain Among 4 Potential Buyers As Hasbro Company Sale Nears Finish Line
Here is the latest I hear on eOne. Lionsgate and Legendary are still in contention to acquire a majority stake in the indie film and TV studio, which has been put up for sale. I hear there are two other suitors, private equity firm Cvc Capital Partners and distributor GoDigital Media Group. Deadline reported a month ago that Fremantle also was among the bidders. According to sources, the indie no longer is pursuing eOne as the target price has climbed up beyond what it was willing to pay for the assets.
I hear the final bids are due by end of the month. Reps for Hasbro, Lionsgate, Legendary, Cvc Capital and GoDigital had no comment or didn’t respond to requests for comment.
The assets that have been put up for sale by the toymaker include all scripted and unscripted TV production (except for the Family Brands division housing such...
I hear the final bids are due by end of the month. Reps for Hasbro, Lionsgate, Legendary, Cvc Capital and GoDigital had no comment or didn’t respond to requests for comment.
The assets that have been put up for sale by the toymaker include all scripted and unscripted TV production (except for the Family Brands division housing such...
- 4/17/2023
- by Nellie Andreeva
- Deadline Film + TV
For Dungeons & Dragons: Honor Among Thieves star Chris Pine, it all started with the story.
“I have to like the script,” Pine told The Hollywood Reporter Sunday evening at the film’s Los Angeles premiere about what made him say yes to his role as the lovable, lute-playing bard Edgin. “For me, it was the fact that [Dungeons & Dragons] felt earnest and heartfelt and grounded. It didn’t feel jaded or cynical or meta or postmodern. It just was big-budget, old fashioned moviemaking. The kind of feeling of The Princess Bride and Willow and The NeverEnding Story, and all the stuff that I watched as a kid.”
With a screenplay by Michael Gilio and director duo John Francis Daley and Jonathan Goldstein — and story by Gilio and Chris McKay — Honor Among Thieves is rooted in comedy, unlike some of the darker, more serious fantasy films in recent years. The...
“I have to like the script,” Pine told The Hollywood Reporter Sunday evening at the film’s Los Angeles premiere about what made him say yes to his role as the lovable, lute-playing bard Edgin. “For me, it was the fact that [Dungeons & Dragons] felt earnest and heartfelt and grounded. It didn’t feel jaded or cynical or meta or postmodern. It just was big-budget, old fashioned moviemaking. The kind of feeling of The Princess Bride and Willow and The NeverEnding Story, and all the stuff that I watched as a kid.”
With a screenplay by Michael Gilio and director duo John Francis Daley and Jonathan Goldstein — and story by Gilio and Chris McKay — Honor Among Thieves is rooted in comedy, unlike some of the darker, more serious fantasy films in recent years. The...
- 3/27/2023
- by Sydney Odman
- The Hollywood Reporter - Movie News
Exclusive: Hasbro has narrowed the field for its eOne subsidiary to a handful of suitors, sources tell Deadline. We hear fellow indie studios Lionsgate, Fremantle and Legendary (with Apollo) are in the running to acquire a majority stake in eOne.
We hear there also may be one or two additional bids from private equity players; Hasbro previously sold eOne’s music business to private equity firm Blackstone in 2021 for $385 million. (Blackstone and company-backed Candle Media are not believed to be in the mix for eOne.) A rep for Hasbro said the company has no update at this time; Fremantle, Lionsgate and Legendary had no comment.
A round of presentations is scheduled for the upcoming week as potential buyers home in their final pitches, we hear. According to sources, the process has been robust, with solid bids for the assets that have been put up for sale by the toymaker that...
We hear there also may be one or two additional bids from private equity players; Hasbro previously sold eOne’s music business to private equity firm Blackstone in 2021 for $385 million. (Blackstone and company-backed Candle Media are not believed to be in the mix for eOne.) A rep for Hasbro said the company has no update at this time; Fremantle, Lionsgate and Legendary had no comment.
A round of presentations is scheduled for the upcoming week as potential buyers home in their final pitches, we hear. According to sources, the process has been robust, with solid bids for the assets that have been put up for sale by the toymaker that...
- 3/15/2023
- by Nellie Andreeva and Peter White
- Deadline Film + TV
Toy giant Hasbro has swung to a fourth quarter loss on lower overall revenues for the holiday season and missed on Wall Street’s revenue and earnings expectations in a tough consumer environment.
On Thursday, Hasbro posted a loss of 129 million, against a year-earlier profit of 82.2 million, on revenues down 17 percent to 1.67 billion, which missed on a sales estimate of 1.72 billion, according to FactSet. The adjusted earnings per-share came to 1.31, which missed on an estimate of 1.33 a share.
Rival Mattel also saw its sales and earnings fall in its most recent fourth quarter financials, which missed on Wall Street’s own expectations. During a morning analyst call, Hasbro gave an update on its sales process for non-core film and TV assets at Entertainment One as it looks to shrink its film and TV production footprint and focus on turning its own toylines into Hollywood franchises.
“Our sales process for the...
On Thursday, Hasbro posted a loss of 129 million, against a year-earlier profit of 82.2 million, on revenues down 17 percent to 1.67 billion, which missed on a sales estimate of 1.72 billion, according to FactSet. The adjusted earnings per-share came to 1.31, which missed on an estimate of 1.33 a share.
Rival Mattel also saw its sales and earnings fall in its most recent fourth quarter financials, which missed on Wall Street’s own expectations. During a morning analyst call, Hasbro gave an update on its sales process for non-core film and TV assets at Entertainment One as it looks to shrink its film and TV production footprint and focus on turning its own toylines into Hollywood franchises.
“Our sales process for the...
- 2/16/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Hasbro CEO Chris Cocks said the toymaker is seeing “strong interest” from bidders on the company’s eOne subsidiary, a majority of which was put on the block last fall amid a host of financial and strategic challenges.
“Our focus on content is centered around Hasbro IP for the long term,” Cocks said during the company’s fourth-quarter earnings call with analysts. “Our sales process for the majority of eOne Film and TV is well under way, with strong interest in these valuable assets. We expect to have an update in the second quarter.”
The company’s fourth-quarter report was weak, as the company had signaled it would be earlier this year, with revenue tumbling 17 due to inflation, foreign currency fluctuations and other factors. The company is also in the process of laying off 15 of its workforce.
Hasbro acquired eOne, a film and TV operation known for family juggernaut Peppa Pig...
“Our focus on content is centered around Hasbro IP for the long term,” Cocks said during the company’s fourth-quarter earnings call with analysts. “Our sales process for the majority of eOne Film and TV is well under way, with strong interest in these valuable assets. We expect to have an update in the second quarter.”
The company’s fourth-quarter report was weak, as the company had signaled it would be earlier this year, with revenue tumbling 17 due to inflation, foreign currency fluctuations and other factors. The company is also in the process of laying off 15 of its workforce.
Hasbro acquired eOne, a film and TV operation known for family juggernaut Peppa Pig...
- 2/16/2023
- by Dade Hayes
- Deadline Film + TV
Hasbro extended its streak of Wall Street disappointments, delivering a weaker-than-expected forecast for 2023 along with soft fourth-quarter financials reflecting a host of holiday-season challenges.
Revenue slid 17 to about 1.7 billion in the quarter, while earnings per share came in at 1.31. Hasbro is projecting 2023 adjusted earnings of 4.45 to 4.55 per share, which is well below analysts’ consensus of 4.88, according to Refinitiv.
This morning’s quarterly earnings report was in line with an early glimpse at the financials offered by the company several weeks ago, along with the news that the Rhode Island-based toymaker would lay off 15 of its workforce.
Also hanging in the balance during the period of financial challenges is eOne, the film and TV studio known for characters like Peppa Pig. Hasbro last fall announced it was shopping eOne, which it acquired for 4 billion in 2019. Along with Covid and myriad economic challenges like inflation, foreign currency fluctuations and supply-chain snags, Hasbro...
Revenue slid 17 to about 1.7 billion in the quarter, while earnings per share came in at 1.31. Hasbro is projecting 2023 adjusted earnings of 4.45 to 4.55 per share, which is well below analysts’ consensus of 4.88, according to Refinitiv.
This morning’s quarterly earnings report was in line with an early glimpse at the financials offered by the company several weeks ago, along with the news that the Rhode Island-based toymaker would lay off 15 of its workforce.
Also hanging in the balance during the period of financial challenges is eOne, the film and TV studio known for characters like Peppa Pig. Hasbro last fall announced it was shopping eOne, which it acquired for 4 billion in 2019. Along with Covid and myriad economic challenges like inflation, foreign currency fluctuations and supply-chain snags, Hasbro...
- 2/16/2023
- by Dade Hayes
- Deadline Film + TV
Hasbro, which has been reeling from a series of economic and corporate shocks, plans to cut 15 of its global workforce this year, or about 1,000 positions.
In addition to those reductions, the company plans to unveil “a new organizational model, commercial alignment, and leadership changes” during its quarterly earnings call on February 16. One preliminary exec move announced today was the departure of Eric Nyman as president and chief operating officer. The consumer products group Nyman used to oversee will now report directly to CEO Chris Cocks.
The toy maker and film and TV supplier elevated Cocks to CEO about a year ago following the death weeks earlier of Brian Goldner, who had steered the Rhode Island company to a more high-profile role in Hollywood. Under Goldner, Hasbro reached deals with studios and streamers for adaptations of Transformers, G.I. Joe and many other properties. During the pandemic, though, and with resulting supply-chain and retail pressures,...
In addition to those reductions, the company plans to unveil “a new organizational model, commercial alignment, and leadership changes” during its quarterly earnings call on February 16. One preliminary exec move announced today was the departure of Eric Nyman as president and chief operating officer. The consumer products group Nyman used to oversee will now report directly to CEO Chris Cocks.
The toy maker and film and TV supplier elevated Cocks to CEO about a year ago following the death weeks earlier of Brian Goldner, who had steered the Rhode Island company to a more high-profile role in Hollywood. Under Goldner, Hasbro reached deals with studios and streamers for adaptations of Transformers, G.I. Joe and many other properties. During the pandemic, though, and with resulting supply-chain and retail pressures,...
- 1/26/2023
- by Dade Hayes
- Deadline Film + TV
The toy and entertainment giant Hasbro says that it will cut its workforce by 15 percent, or 1,000 employees, in the coming weeks.
The significant layoffs are part of a larger restructuring and cost-savings effort underway, with the company having already put its TV and film division Entertainment One up for sale.
“We are focused on implementing transformational changes aimed at substantially reducing costs and increasing our growth rates and profitability,” Hasbro CEO Chris Cocks said in a statement. “While the full-year 2022, and particularly the fourth quarter, represented a challenging moment for Hasbro, we are confident in our Blueprint 2.0 strategy, unveiled in October, which includes a focus on fewer, bigger brands; gaming; digital; and our rapidly growing direct to consumer and licensing businesses.”
In selling eOne, Hasbro articulated a strategy in which it leans into franchise brands like Transformers, Peppa Pig, and Dungeons & Dragons, including in entertainment, though it may do so without its in-house studio.
The significant layoffs are part of a larger restructuring and cost-savings effort underway, with the company having already put its TV and film division Entertainment One up for sale.
“We are focused on implementing transformational changes aimed at substantially reducing costs and increasing our growth rates and profitability,” Hasbro CEO Chris Cocks said in a statement. “While the full-year 2022, and particularly the fourth quarter, represented a challenging moment for Hasbro, we are confident in our Blueprint 2.0 strategy, unveiled in October, which includes a focus on fewer, bigger brands; gaming; digital; and our rapidly growing direct to consumer and licensing businesses.”
In selling eOne, Hasbro articulated a strategy in which it leans into franchise brands like Transformers, Peppa Pig, and Dungeons & Dragons, including in entertainment, though it may do so without its in-house studio.
- 1/26/2023
- by Alex Weprin and Etan Vlessing
- The Hollywood Reporter - Movie News
Click here to read the full article.
In December 2019, Hasbro, home to G.I. Joe, Transformers and Dungeons & Dragons brands, closed a 3.8 billion deal for Entertainment One, a producer with a 6,500 title library and popular cartoons like Peppa Pig and Pj Masks.
The toymaker soon regretted the move, and this past May — when Hasbro was fending off a proxy battle from activist investor Alta Fox, which tried to get it to spin off its games division — called the timing on the studio buy “unfortunate,” indicating it overspent.
Now Hasbro is unloading eOne, disclosing Nov. 17 it hired bankers to explore a sale of the studio but keep IP like Peppa Pig. That’s a nod to investors who have urged the company to sell part of all of eOne to reinvest in fewer, more profitable properties, and to do so with outside partners to reduce costs and risk. Wall Street analysts applauded the move.
In December 2019, Hasbro, home to G.I. Joe, Transformers and Dungeons & Dragons brands, closed a 3.8 billion deal for Entertainment One, a producer with a 6,500 title library and popular cartoons like Peppa Pig and Pj Masks.
The toymaker soon regretted the move, and this past May — when Hasbro was fending off a proxy battle from activist investor Alta Fox, which tried to get it to spin off its games division — called the timing on the studio buy “unfortunate,” indicating it overspent.
Now Hasbro is unloading eOne, disclosing Nov. 17 it hired bankers to explore a sale of the studio but keep IP like Peppa Pig. That’s a nod to investors who have urged the company to sell part of all of eOne to reinvest in fewer, more profitable properties, and to do so with outside partners to reduce costs and risk. Wall Street analysts applauded the move.
- 11/18/2022
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Well, well, well, if it isn't another pending sale of a big production company with a big media library. Hasbro, the toy company known for "Monopoly" and "My Little Pony," among many other things, got into the media game in a big way in late 2019 with a flashy 4 billion acquisition of eOne, to give the company in-house ability to turn its properties into movies and TV shows. Now? Hasbro is getting ready to sell eOne after pivoting internally to a new strategy.
In a press release, Hasbro revealed that its board has authorized a sale process for eOne, particularly the TV and film business not directly supporting the company's "branded entertainment strategy." In other words, Hasbro still wants to be able to make stuff connected to its toys, just not through eOne in-house. Chris Cocks, Hasbro's new CEO, had this to say:
"Following our recent Investor Day where we introduced our new branded entertainment strategy,...
In a press release, Hasbro revealed that its board has authorized a sale process for eOne, particularly the TV and film business not directly supporting the company's "branded entertainment strategy." In other words, Hasbro still wants to be able to make stuff connected to its toys, just not through eOne in-house. Chris Cocks, Hasbro's new CEO, had this to say:
"Following our recent Investor Day where we introduced our new branded entertainment strategy,...
- 11/17/2022
- by Ryan Scott
- Slash Film
Sale process begins three years after toy giant acquired TV and film business for 3.8bn.
Toy giant Hasbro says it has embarked on a sale process for part of eOne, three years after acquiring the TV and film producer and distributor for 3.8bn.
Hasbro says it plans to sell the part of its eOne TV and film business that does not directly support its branded entertainment strategy.
The sale includes eOne’s 6,500+ content library, the non-Hasbro branded film and scripted TV business which produces and finances content like The Woman King, Yellowjackets and The Rookie franchise, Hasbro’s interest in...
Toy giant Hasbro says it has embarked on a sale process for part of eOne, three years after acquiring the TV and film producer and distributor for 3.8bn.
Hasbro says it plans to sell the part of its eOne TV and film business that does not directly support its branded entertainment strategy.
The sale includes eOne’s 6,500+ content library, the non-Hasbro branded film and scripted TV business which produces and finances content like The Woman King, Yellowjackets and The Rookie franchise, Hasbro’s interest in...
- 11/17/2022
- by Tim Dams
- ScreenDaily
Hasbro has listed Entertainment One’s (eOne) TV and film units for sale just under three years after acquiring the businesses in a 3.8 billion deal.
Per Hasbro, the sale includes the parts of eOne’s TV and film operations “not directly supporting the company’s branded entertainment strategy,” and “Hasbro will maintain the capability to develop and produce animation, digital shorts, scripted TV and theatrical films for audiences related to core Hasbro IP.”
That means brands like “Peppa Pig,” “Transformers,” “Dungeons & Dragons,” “Magic: The Gathering,” “My Little Pony,” “Power Rangers,” “Play-Doh,” and “Monopoly” and “Clue” are not only excluded from the sale, but will see “significant development, production and financing capabilities” support across film, TV, animation and digital shorts.
Hasbro also intends to continue to develop projects around new IP, like its upcoming “Kiya and the Kimoja Heroes” headed to Disney Junior and Disney+ in 2023.
However, there are more...
Per Hasbro, the sale includes the parts of eOne’s TV and film operations “not directly supporting the company’s branded entertainment strategy,” and “Hasbro will maintain the capability to develop and produce animation, digital shorts, scripted TV and theatrical films for audiences related to core Hasbro IP.”
That means brands like “Peppa Pig,” “Transformers,” “Dungeons & Dragons,” “Magic: The Gathering,” “My Little Pony,” “Power Rangers,” “Play-Doh,” and “Monopoly” and “Clue” are not only excluded from the sale, but will see “significant development, production and financing capabilities” support across film, TV, animation and digital shorts.
Hasbro also intends to continue to develop projects around new IP, like its upcoming “Kiya and the Kimoja Heroes” headed to Disney Junior and Disney+ in 2023.
However, there are more...
- 11/17/2022
- by Jennifer Maas
- Variety Film + TV
Toymaker Hasbro said Thursday it is exploring the sale of its Entertainment One film and TV production and distribution unit in a process that will “maximize the value” of the business for its investors.
“Following our recent Investor Day where we introduced our new branded entertainment strategy, Blueprint 2.0, we received inbound interest from several parties for the part of the eOne television and film business that while valuable, is not core to our go-forward strategy,” Hasbro’s CEO Chris Cocks said in a statement. “This interest informed our decision to explore a sale process.”
Hasbro bought eOne in 2019 in a 3.8 billion all-cash deal, giving it access to a cache of highly rated brands, including “Peppa Pig,” “Clifford the Big Red Dog” and more.
Also Read:
Roku Lays Off 5 of U.S. Staff, Citing ‘Economic Conditions’
“The acquisition of eOne delivered fantastic talent, top tier production and deal making capability and...
“Following our recent Investor Day where we introduced our new branded entertainment strategy, Blueprint 2.0, we received inbound interest from several parties for the part of the eOne television and film business that while valuable, is not core to our go-forward strategy,” Hasbro’s CEO Chris Cocks said in a statement. “This interest informed our decision to explore a sale process.”
Hasbro bought eOne in 2019 in a 3.8 billion all-cash deal, giving it access to a cache of highly rated brands, including “Peppa Pig,” “Clifford the Big Red Dog” and more.
Also Read:
Roku Lays Off 5 of U.S. Staff, Citing ‘Economic Conditions’
“The acquisition of eOne delivered fantastic talent, top tier production and deal making capability and...
- 11/17/2022
- by Eileen AJ Connelly
- The Wrap
Hasbro said its board has authorized a sale process for the part of its eOne TV and film business not directly supporting its branded entertainment strategy following a review of the business initiated by new CEO Chris Cocks.
The company has retained J.P. Morgan and Centerview Partners to move ahead with the sale process for a 6,500+ content library; the non-Hasbro branded film and scripted TV business which produces and finances content like The Woman King, Yellowjackets and The Rookie franchise; Hasbro’s interest in Entertainment One Canada Limited’s Canadian film and TV business; and Hasbro’s unscripted division, which includes the Naked & Afraid franchise.
Cocks said Hasbro had “received inbound interest from several parties for the part of the eOne television and film business that while valuable is not core to our go-forward strategy.” Hasbro will maintain the capability to develop and produce animation, digital shorts, scripted TV...
The company has retained J.P. Morgan and Centerview Partners to move ahead with the sale process for a 6,500+ content library; the non-Hasbro branded film and scripted TV business which produces and finances content like The Woman King, Yellowjackets and The Rookie franchise; Hasbro’s interest in Entertainment One Canada Limited’s Canadian film and TV business; and Hasbro’s unscripted division, which includes the Naked & Afraid franchise.
Cocks said Hasbro had “received inbound interest from several parties for the part of the eOne television and film business that while valuable is not core to our go-forward strategy.” Hasbro will maintain the capability to develop and produce animation, digital shorts, scripted TV...
- 11/17/2022
- by Jill Goldsmith
- Deadline Film + TV
Toymaker Hasbro is already trying to sell off eOne — or at least, the part of eOne that is “not directly supporting the Company’s Branded Entertainment strategy.” Hasbro, Inc. purchased Entertainment One for 3.8 billion in cash in December 2019.
Hasbro says that even with a sale of these particular TV and film pieces, it will “maintain the capability to develop and produce animation, digital shorts, scripted TV and theatrical films for audiences related to core Hasbro IP.”
Put simply, Hasbro wants to sell the parts of eOne that produces “The Woman King,” “Yellowjackets,” “The Rookie,” and “Naked & Afraid,” but keep the Transformers and Peppa Pig stuff. As a matter of fact, Hasbro plans to “significantly increase” its investment in its key brands, which also include Dungeons & Dragons, Magic: The Gathering, My Little Pony, Power Rangers, Play-Doh, Monopoly, and Clue. This sale could fund exactly that initiative. It could also...
Hasbro says that even with a sale of these particular TV and film pieces, it will “maintain the capability to develop and produce animation, digital shorts, scripted TV and theatrical films for audiences related to core Hasbro IP.”
Put simply, Hasbro wants to sell the parts of eOne that produces “The Woman King,” “Yellowjackets,” “The Rookie,” and “Naked & Afraid,” but keep the Transformers and Peppa Pig stuff. As a matter of fact, Hasbro plans to “significantly increase” its investment in its key brands, which also include Dungeons & Dragons, Magic: The Gathering, My Little Pony, Power Rangers, Play-Doh, Monopoly, and Clue. This sale could fund exactly that initiative. It could also...
- 11/17/2022
- by Tony Maglio
- Indiewire
Click here to read the full article.
Toy giant Hasbro is set to put Entertainment One up for a possible sale as it explores interest fielded in the film and TV production and distribution unit.
“Following our recent Investor Day where we introduced our new branded entertainment strategy, Blueprint 2.0, we received inbound interest from several parties for the part of the eOne television and film business that while valuable is not core to our go-forward strategy. This interest informed our decision to explore a sale process,” Chris Cocks, Hasbro’s CEO, said in a statement Thursday.
Hasbro said possibly shedding eOne would allow the company to focus on branded assets like Peppa Pig, Transformers and Dungeons & Dragons as it looks to be become a digital games giant. Exploring a sales process for eOne follows its CEO Darren Throop leaving the Hasbro division at the end of 2022 as he serves out his current employment contract.
Toy giant Hasbro is set to put Entertainment One up for a possible sale as it explores interest fielded in the film and TV production and distribution unit.
“Following our recent Investor Day where we introduced our new branded entertainment strategy, Blueprint 2.0, we received inbound interest from several parties for the part of the eOne television and film business that while valuable is not core to our go-forward strategy. This interest informed our decision to explore a sale process,” Chris Cocks, Hasbro’s CEO, said in a statement Thursday.
Hasbro said possibly shedding eOne would allow the company to focus on branded assets like Peppa Pig, Transformers and Dungeons & Dragons as it looks to be become a digital games giant. Exploring a sales process for eOne follows its CEO Darren Throop leaving the Hasbro division at the end of 2022 as he serves out his current employment contract.
- 11/17/2022
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Click here to read the full article.
Entertainment One owner Hasbro has stumbled with its third quarter earnings as the toy maker drives towards becoming a digital gaming powerhouse.
Hasbro saw net earnings fall 49 percent to 129.2 million, against a year-earlier 253.2 million, and the adjusted earnings per share line came in at 1.42, compared to 1.96 in the same period of fiscal 2021.
That fell short of a 1.52 expected per-share earnings estimate from Refinitiv. Hasbro matched Wall Street projections for overall third quarter revenues at 1.68 billion.
The entertainment segment at Hasbro, which includes eOne, saw revenues fall 34 percent to 211.6 million, compared to a year-earlier 327.1 million. Film and TV revenue slid 26 percent to 188.6 million as Hasbro pointed to unfavorable comparisons to year-earlier streaming releases of the films Come from Away and Finch.
The latest financial results come amid a focus by Hasbro on fewer, bigger brands and accelerated profitability as the toy maker drives towards becoming a digital gaming powerhouse.
Entertainment One owner Hasbro has stumbled with its third quarter earnings as the toy maker drives towards becoming a digital gaming powerhouse.
Hasbro saw net earnings fall 49 percent to 129.2 million, against a year-earlier 253.2 million, and the adjusted earnings per share line came in at 1.42, compared to 1.96 in the same period of fiscal 2021.
That fell short of a 1.52 expected per-share earnings estimate from Refinitiv. Hasbro matched Wall Street projections for overall third quarter revenues at 1.68 billion.
The entertainment segment at Hasbro, which includes eOne, saw revenues fall 34 percent to 211.6 million, compared to a year-earlier 327.1 million. Film and TV revenue slid 26 percent to 188.6 million as Hasbro pointed to unfavorable comparisons to year-earlier streaming releases of the films Come from Away and Finch.
The latest financial results come amid a focus by Hasbro on fewer, bigger brands and accelerated profitability as the toy maker drives towards becoming a digital gaming powerhouse.
- 10/18/2022
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Click here to read the full article.
Hasbro division Entertainment One is at work on a documentary feature about Dungeons & Dragons, the popular roleplaying game.
The documentary, to coincide with the game’s 50th anniversary in 2024, will draw on the game’s wizards and elves and archived Dungeons & Dragons footage dating back to the game’s creation in the early 1970s.
Dungeons & Dragons writer Joe Manganiello will co-direct the project with Kyle Newman, while his brother Nick Manganiello, along with Anthony Savini and Cecily Tyler, Hasbro president of Wizards of the Coast and digital gaming, will produce.
“As we approach 50 years of this incredible gaming universe, the time is right for an officially authorized telling of the game’s origins and current state of play to its passionate fanbase from all walks of life, and its global cultural impact,” Michael Lombardo, eOne’s head of global television,...
Hasbro division Entertainment One is at work on a documentary feature about Dungeons & Dragons, the popular roleplaying game.
The documentary, to coincide with the game’s 50th anniversary in 2024, will draw on the game’s wizards and elves and archived Dungeons & Dragons footage dating back to the game’s creation in the early 1970s.
Dungeons & Dragons writer Joe Manganiello will co-direct the project with Kyle Newman, while his brother Nick Manganiello, along with Anthony Savini and Cecily Tyler, Hasbro president of Wizards of the Coast and digital gaming, will produce.
“As we approach 50 years of this incredible gaming universe, the time is right for an officially authorized telling of the game’s origins and current state of play to its passionate fanbase from all walks of life, and its global cultural impact,” Michael Lombardo, eOne’s head of global television,...
- 10/12/2022
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Founder sold the firm to Hasbro in 2019.
EOne chief Darren Throop is to step down from the company after two decades at the production and distribution giant.
Throop, who is president and chief exec of the Toronto-headquartered eOne, when his contract expires at the end of the year.
He leaves the business having overseen its launch and expansion in 2003 - growing the company through key franchises such as Peppa Pig, The Rookie, Designated Survivor and The Walking Dead - culminating in the 3.8bn (2.9bn) sale to toy giant Hasbro in 2019.
Formerly known as Record on Wheels (Row), Throop steered the...
EOne chief Darren Throop is to step down from the company after two decades at the production and distribution giant.
Throop, who is president and chief exec of the Toronto-headquartered eOne, when his contract expires at the end of the year.
He leaves the business having overseen its launch and expansion in 2003 - growing the company through key franchises such as Peppa Pig, The Rookie, Designated Survivor and The Walking Dead - culminating in the 3.8bn (2.9bn) sale to toy giant Hasbro in 2019.
Formerly known as Record on Wheels (Row), Throop steered the...
- 8/17/2022
- by Melissa Kasule
- ScreenDaily
Darren Throop will step down from his role as president and CEO of eOne at the end of the year.
Hasbro, which bought eOne for 4 billion in 2019, announced his departure this morning, indicating it would articulate a full transition plan before Throop’s exit becomes final.
“Darren built a team with deep passion, creativity and talent and, on behalf of all of us at Hasbro, I thank him for his steadfast leadership,” Hasbro CEO Chris Cocks said. “Entertainment continues to be a cornerstone of our strategy. With over 200 projects in development across film, scripted and unscripted television, the eOne team is working on over 35 development projects for Hasbro brands. … Darren’s vision and legacy will be felt for years, and we wish him all the best in his next chapter.”
Hasbro’s roster of properties includes Transformers, Magic, D&d, Peppa Pig, My Little Pony, Power Rangers and Play-Doh.
Throop...
Hasbro, which bought eOne for 4 billion in 2019, announced his departure this morning, indicating it would articulate a full transition plan before Throop’s exit becomes final.
“Darren built a team with deep passion, creativity and talent and, on behalf of all of us at Hasbro, I thank him for his steadfast leadership,” Hasbro CEO Chris Cocks said. “Entertainment continues to be a cornerstone of our strategy. With over 200 projects in development across film, scripted and unscripted television, the eOne team is working on over 35 development projects for Hasbro brands. … Darren’s vision and legacy will be felt for years, and we wish him all the best in his next chapter.”
Hasbro’s roster of properties includes Transformers, Magic, D&d, Peppa Pig, My Little Pony, Power Rangers and Play-Doh.
Throop...
- 8/16/2022
- by Dade Hayes
- Deadline Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.