Entertainment One
Hasbro to Sell Entertainment One Film, TV Unit to Lionsgate for $500M
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 […]
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Entertainment One Cuts 20 Percent of Workforce Ahead of Sale
Entertainment One has cut around 20 percent of its workforce as parent Hasbro implements its cost reduction plan at the toy maker. “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 told The Hollywood Reporter in […]
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Hasbro in Talks to Sell Entertainment One to Founder Darren Throop
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 […]
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Bryan Cranston, Allison Janney Board Drama ‘Everything’s Going to Be Great’
Bryan Cranston and Allison Janney have grabbed the lead roles in Everything’s Going to Be Great, which has started production in Toronto. The Entertainment One and Astute Films project is being directed by Jon S. Baird and has a script from I, Tonya writer Steven Rogers. Benjamin Evan Ainsworth and Jack Champion also appear in […]
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‘The Recruit,’ Starring Noah Centineo, Renewed at Netflix
Netflix is re-enlisting The Recruit. The streaming service has handed out a second-season renewal to the spy drama starring Noah Centineo. From creator/showrunner/exec producer Alexi Hawley, The Recruit spent five weeks on Netflix’s global top 10 list, reaching the charts in 88 countries following its Dec. 16 debut. “I’m thrilled to dive back into the […]
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Viola Davis Moves Overall TV Deal to Entertainment One
Viola Davis is moving her TV home. The Woman King star and producer and her JuVee Productions banner has signed a first-look TV and new-media deal with Entertainment One. The pact comes after JuVee, which Davis runs alongside her husband and producing partner Julius Tennon, previously collaborated with eOne on The Woman King. “Viola and […]
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Why Hasbro Put a “For Sale” Sign On Entertainment One
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 […]
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Hasbro Puts Entertainment One Film, TV Unit Up for Sale
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 […]
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Hasbro’s Entertainment Revenues Fall as eOne Owner Focuses on Gaming
Entertainment One owner Hasbro has stumbled with its third-quarter earnings. 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 […]
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‘Dungeons & Dragons’ Documentary in the Works at Hasbro
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 […]
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Veteran Film Distributor Anne-Marie Ross Dies at 49
Anne-Marie Ross, a veteran film distributor with Lionsgate and Pantelion Films, has died. She was 49. Ross died on Sept. 9 following a two-year battle with stage four lung cancer caused by a rare gene mutation. Her career over two decades in international film distribution began at Lionsgate in 2001, where she was managed by […]
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Entertainment One CEO Darren Throop to Step Down
Darren Throop, president and CEO of Hasbro’s Entertainment One division, is set to step down at the end of 2022. Throop’s current contract runs to the end of the year, and follows Hasbro acquiring eOne in 2019 as part of a $4 billion all-cash transaction. At the time, Hasbro looked to the eOne deal to […]
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