Latest in Hasbro

Darren Throop will step down from his role as president and CEO of eOne at the end of the year. Hasbro, which bought eOne for $4 billion in 2019, announced his departure this morning, indicating it would articulate a full transition plan before Throop’s exit becomes final. "Darren built a team with deep passion…

EXCLUSIVE: Play-Doh will be coming to a theater near you at some point in the future as eOne and Hasbro mount an animated feature film that The Big Sick Oscar-nominated scribe Emily V. Gordon will pen and Jon M. Chu will produce, with an eye to direct. "The team looks forward to bringing the audience a moldable…

Spider-Man: No Way Home, which has grossed more than $1.1 billion since its release in December, helped toy maker Hasbro smash Wall Street’s fourth-quarter estimates. In the fourth quarter, ending December 26, revenue climbed 17% compared with the year-earlier period to reach $2 billion. Analysts had been expecting a…

Three months after the death of its longtime CEO Brian Goldner, Hasbro has named his successor. Chris Cocks, who served as president and COO of the company’s Wizards of the Coast and digital gaming division, has been promoted to chief executive officer. Cocks, who joined Hasbro in 2016, will take over from interim CEO…

Entertainment, led by eOne, bolstered sales at Hasbro last quarter, partly offsetting Covid-related supply chain bottlenecks that hit toy deliveries. Entertainment revenues surged 76% to $327 million and adjusted operating profit swung to $42 million from a $3.6 million loss the year before. The company cited…

Brian Goldner, chief executive of Hasbro and Transformers executive producer, has died of cancer several days after taking a medical leave from the Pawtucket, R.I.-based toy and entertainment giant. He was 58. Showbiz & Media Figures We’ve Lost In 2021 – Photo Gallery The transformational exec was key in expanding the…

UPDATED with closing stock price: A strong return of its film and TV business, especially compared with a bleak 2020, helped Hasbro’s second-quarter results easily beat Wall Street forecasts. Revenue surged 54% to $1.32 billion, while adjusted earnings per share reached $1.05, compared with 2 cents in the year-ago…

Hasbro hit cinema screens with its G.I. Joe franchise in 2009, when Dennis Quaid and Channing Tatum starred in G.I. Joe: The Rise of Cobra, with Tatum returning as Duke opposite Dwayne Johnson in the 2013 sequel G.I. Joe: Retaliation. Now, eight years later, the series is back in a new way, spinning off the popular…

Entertainment One said Wednesday that it has hired Fox executive Gabriel Marano as EVP Scripted Television. He will be tasked with overseeing the development of eOne parent Hasbro’s IP along with being a key part of the company’s overall scripted development. Along with the hire, Jacqueline Sacerio, eOne’s fellow EVP…

Hasbro’s thriving analog and digital games business helped its first-quarter profit beat Wall Street expectations, but Covid-19-related struggles in film and TV resulted in only a 1% uptick in revenue. Total revenue came in at $1.15 billion, up only about $9.2 million from the year-ago quarter and just shy of analysts…

Toymaker-turned-Hollywood producer Hasbro said Monday that it's selling the music business of Entertainment One to investment firm Blackstone for $385 million in cash. Specifically, it is selling eOne Music to entities controlled by Blackstone, which also owns SESAC, a leading music rights organization. Subsequent to…

Hasbro will rebrand its classic Mr. and Mrs. Potato Head toy line as simply “Potato Head,” adapting and better reflecting today’s modern families and gender identities. The toy brand announced on Thursday that while it will drop the “Mr.” from the toy brand and logo, Mr. and Mrs. Potato Head will still remain in the…