\nBetween the unexpected impact of the pandemic & the fallout from it combined with Hasbro CEO Chris Cocks' announced commitment to making the company a major player in digital gaming, the rumblings were out there over the past few weeks. But this morning, Hasbro announced that it's readying Entertainment One for sale after the film & television production company received interest from outside buyers.
For Hasbro's part, the company sees the move as a chance to focus on expanding important global IPs in the gaming field. The company will be retaining the services of J.P. Morgan and Centerview Partners to facilitate a deal.\nImage: ABC \/Showtime \n'Following our recent Investor Day, where we introduced our new branded entertainment strategy, Blueprint 2.
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Hasbro Puts EOne Film, TV Business Up For SaleHasbro 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 company’… haciendomovidas 🤔 This might be a sign that Disney may want to put 20th Century Studios up for sale. I mean, they are in a lot of debt.
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