Lionsgate has laid off 10% of Entertainment One‘s (eOne) workforce ahead of the closing of the merger between the two companies, which is expected to be finalized the last week of December, a source ...
The toy giant shed eOne to focus on branded assets like 'Peppa Pig,' 'Transformers' and 'Dungeons & Dragons' as it looks to become a digital games giant. By Etan Vlessing, Georg Szalai Lionsgate is ...
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 — ...
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 ...
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EXCLUSIVE: Tara Long, eOne’s President, Global Unscripted Television, is leaving the company after ten years. Long’s departure comes after Lionsgate acquired the company from Hasbro. Deadline ...
Hasbro has sold eOne to Lionsgate in a deal worth $500 million. The Rhode Island-based toymaker plans on using the proceeds to pay down its floating rate debt as it refocuses on its toy and game ...
Within the company’s entertainment segment, revenue fell 42 percent in the third quarter, due to lower film and TV revenue from the writers and actors strikes. By Caitlin Huston Business Writer Hasbro ...
eOne is shutting down its U.K. theatrical distribution business, owner Hasbro has confirmed to Variety. Hasbro acquired eOne in 2019 for $3.8 billion. The theatrical business in the U.K. was robust at ...
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Lionsgate has closed its acquisition of eOne from Hasbro, the company announced Wednesday. The deal, initially revealed at the beginning of August, includes $375 million in cash and the rest in ...