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 on Thursday.
And this means what for fans of AllianceAtlantis-made shows like DueSouth, NorthOf60, etc.? Shows made in Canada for largely Canadian audiences that ended up as Entertainment One properties under the corporate rebranding?
This may be a sign that Disney will want to put 20th Century Studios up for sale. They are in debt that prevents them from fixing their rides and making innovative new ones.
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Hasbro looking to sell eOne but wants to keep hold of Peppa Pig sums up the state of the film industry today that another company gets buyers remorse buying independent film studio after Eros brought and sold STX