Hasbro acquires Entertainment One

The toy maker buys Peppa Pig owner eOne in all-cash deal eight times bigger than its Power Rangers acquisition in 2018

Written by Rhys Thomas

Posted 23.08.2019 | Entertainment

Hasbro acquires Entertainment One thumbnail

Hasbro has snapped Entertainment One in an all-cash deal worth $4bn, eight times the amount it paid for Power Rangers last summer.

The acquisition is the biggest in the toy maker’s history and brings globally successful pre-school hits Peppa Pig and PJ Masks into its portfolio, alongside hot newcomer Ricky Zoom, which will begin airing on Nickelodeon in the US and other top broadcasters from next month.

“The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro’s portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling, which will now include Hasbro’s IP,” says Brian Goldner, Hasbro chairman and CEO.

“In addition, Hasbro will leverage eOne’s immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally and realise full franchise economics across our blueprint strategy for shareholders. We are excited to welcome eOne’s talented employees from around the world into the Hasbro family.”

Entertainment One’s senior executives will stay on under new ownership, joining forces with Hasbro employees to bolster brands from both portfolios.

Darren Throop, CEO of eOne, says the “strong cultural fit” between the two companies will allow both to “do what they do best”.

“The resulting expanded Hasbro presence in Canada through eOne’s deep roots will bring world class talent and production capabilities to Hasbro,” he adds. “Along with our leadership team, I look forward to working with Hasbro on our joint growth and success for many years to come.”

The acquisition has been voted through by the boards of both companies but remains subject to regulatory approvals, including those of eOne shareholders.

The transaction is expected to complete in the fourth quarter of this year.


Time for another Gorillaz x G-Shock collab thumbnail

Time for another Gorillaz x G-Shock collab

Casio G-Shock launches the second and final collection in its partnership with British band Gorillaz

BLE19 Preview: Endemol Shine thumbnail

BLE19 Preview: Endemol Shine

Scripted titles including Peaky Blinders and Black Mirror alongside established brands such as MasterChef to feature at this year’s BLE

Warner options rights to a Funko movie thumbnail

Warner options rights to a Funko movie

The animated flick “isn’t about selling toys or building a brand” says Funko, CEO Brian Mariotti

Press Releases

Milkshake picks up Pirata & Capitan S2 thumbnail

Milkshake picks up Pirata & Capitan S2

UK kids’ block acquires second series of the Millimages pre-school animation after successful first run

Moorcroft is Chelsea’s Choice thumbnail

Moorcroft is Chelsea’s Choice

Moorcroft and RHS present the limited-edition vase Chelsea’s Choice, celebrating Chelsea Flower Show 18 Plant of the Year

Henson back catalogue hits Amazon thumbnail

Henson back catalogue hits Amazon

More than 100 days’ of The Jim Henson Company’s content including Fraggle Rock now streaming on Amazon Prime Video

Pingu cooks up creative competition thumbnail

Pingu cooks up creative competition

Readers of lifestyle mag Lettuce Club are tasked with inventing tasty Pingu-themed recipes