Demi Lovato’s boyfriend, Jutes, professed his love for the singer on her 31st birthday.
03.08.2023 - 10:57 / variety.com
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 bring the process to a successful close,” Hasbro CEO Chris Cocks said in a statement. “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 & TV business.
We look forward to partnering with them, especially on a movie adaptation of Monopoly.” Cocks continued, “Entertainment remains a priority for Hasbro. Hasbro will continue to develop and produce entertainment based on the rich vault of Hasbro-owned brands.
We will also bring to life new original ideas designed to fuel all areas of Hasbro’s blueprint including toys, publishing, gaming, licensed consumer products, and location-based entertainment. As part of the sale, we expect to move to an asset-lite model for future live action
.Demi Lovato’s boyfriend, Jutes, professed his love for the singer on her 31st birthday.
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Toby Jones & David Morrissey Board ITV Yorkshire Ripper Drama
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