Hasbro selling the studio that's making D&D moving pictures

[CapnZapp]

Hasbro’s eOne U-Turn: Behind Toymaker’s Decision To Sell Indie Film & TV Studio And What’s Next For IP Slate

Hasbro's plan to sell eOne's film and TV businesses three years after buying them for $4 billion has raised questions internally and on Wall Street.

deadline.com

I didn't see a thread on this.

What does it mean if a company is selling its studio even before its creations have had time to air?

 

[payn]

Hasbro’s eOne U-Turn: Behind Toymaker’s Decision To Sell Indie Film & TV Studio And What’s Next For IP Slate

Hasbro's plan to sell eOne's film and TV businesses three years after buying them for $4 billion has raised questions internally and on Wall Street.

deadline.com

I didn't see a thread on this.

What does it mean if a company is selling its studio even before its creations have had time to air?

The stock quote needs help.

 

[darjr]

They are selling the studio that owned the group making the movie, they are keeping the group.

 

[Scribe]

They are selling the studio that owned the group making the movie, they are keeping the group.

Timing is still interesting.

 

[darjr]

Timing is still interesting.

It is. Note the sale has really been going on for a while.

 

[Scribe]

It is. Note the sale has really been going on for a while.

Yeah, nothing big is instant, but this is interesting.

According to sources, Cocks “from Day 1 had a very different, almost antagonistic approach to entertainment” and doesn’t like the and margins of film and TV production that are not set like putting a wholesale price on a toy, for example, and could fluctuate. “He does not believe in Brian’s vision,” one person said, “or have interest in anything that doesn’t sell toys directly.” There has been a lot of pressure to reduce investment in non-Hasbro content since Goldner’s death, I hear. Instead of non-IP film and TV production, Cocks has said that he plans to go into video games, a business that also is marked with volatility.

 

[Maxperson]

It is. Note the sale has really been going on for a while.

I wonder if the sale is responsible for the delay in release.

 

[aco175]

 

[payn]

Yeah, nothing big is instant, but this is interesting.

Anybody else picturing the Robocop bathroom scene with Bob Morton?

 

[Scribe]

Anybody else picturing the Robocop bathroom scene with Bob Morton?

Not sure I want to look this up...