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Thursday, 8th November, 2012, 01:37 PM #1
Time Agent (Lvl 24)
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Hasbro Denies Disney Acquisition Rumors?
A couple of days ago, the "Disney's buying Hasbro!" rumour started (and we reported it here - Hasbro, of course, owning WotC, which publishes D&D). Now it seems that Hasbro advisors are denying this rumour. Although MTV and others reported that "serious discussions [were] happening at the highest levels” between Hasbro and Disney", Hasbro advisors later said that "absolutely nothing going on that they are aware of at all, in any way, shape or form" involving the two companies - although Hasbro itself declined comment, citing its policy of not talking about rumor or speculation. Wall Street analysts said a Disney acquisition didn't make much sense, just after Disney agreed to buy Lucasfilm Ltd. for $4.05 billion and "for any deal to happen, Hasbro would have to dissolve agreements with Disney's competitors".
So. Hasbro "advisors" deny it; Hasbro itself isn't commenting; nobody's asked Disney; and "analysts" think it unlikely. Make of that what you will!
Last edited by Morrus; Thursday, 8th November, 2012 at 06:59 PM.
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Thursday, 8th November, 2012, 05:59 PM #2
Ehm... Hasbro is a publicly traded company, for a deal to happen Disney has to get it's hands on 51% of the Hasbro shares (not even 100% as was the case with Lucas Arts).And for any deal to happen, Hasbro would have to dissolve agreements with Disney's competitors.
Also Samsung is the main competitor of Apple (on the Smartphone market), but it was also Apple's biggest supplier (parts), so it's perfectly possible that a company can do business with competitors. It even happened with the Marvel acquisition, a couple non-Disney companies still had licenses to produce Marvel movies, we'll see a couple of movies in 2013/2014 that are still not made by Marvel Studios or distributed by Disney.
The Helix - Datahaven
When cutting edge isn't sharp enough.
I will not accept that.
Friday, 9th November, 2012, 01:14 AM #3
Acolyte (Lvl 2)
So, is this like when they denied 4th edition? And 5th edition?
Which means the merger and purchase will happen in less than a year.
"Fairy tales are more than true: not because they tell us that dragons exist, but because they tell us that dragons can be beaten." - G.K. Chesterton
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Friday, 9th November, 2012, 02:33 AM #4
Enchanter (Lvl 12)
"Patriotism is the last refuge of the scoundrel." - Samuel Johnson 18th century English author.
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Friday, 9th November, 2012, 08:18 PM #5
Acolyte (Lvl 2)
They may be denying a complete buyout, but they haven't denied a partial one.
Disney could be interested in certain IP's, like:
Transformers. Imagine Disney getting a hold of that and making it a part of their theme parks (Cybertron-land). Not to mention the movies, TV shows, toys and games they could invest in to...Yes, they could also destroy it but so could Hasbro.
G.I.Joe. Man, the life they could breath in to this. This, too, would be fun to see in their theme parks, imagine GIJOE vs. Cobra adventure ride. Laser tag arenas where you fight for either the Joes or Cobra. Maybe, just maybe, they might even save it from falling in to a bad movie hell.
Then there is the whole Star Wars property and the rights to make the toys that Disney needs to work out.
Last edited by ProtoClone; Friday, 9th November, 2012 at 08:23 PM.
Monday, 12th November, 2012, 12:37 AM #6
Novice (Lvl 1)
I don't think even Disney could fix Dungeons and Dragons at this point.