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Mike Mearls sits down with Ben from Questing Beast
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<blockquote data-quote="mamba" data-source="post: 9604313" data-attributes="member: 7034611"><p>no, I started by saying that 'Their need to generate ever more money is not working so great on the MtG side' and given that MtG is basically flat is in line with that from my perspective.</p><p></p><p>It would take me being wrong to admit that I am wrong, you seem to have a different understanding of what I did say from what I actually did write however. At no point did I say that MtG is losing money, it probably is responsible for the majority of Hasbro (not just WotC) profits.</p><p></p><p>Can you name those metrics that make Hasbro look strong, and are you talking all of Hasbro, incl. WotC or Hasbro excluding WotC? I agree that WotC is doing pretty well, as to the rest of Hasbro, I am not seeing it. That is also what I meant by the 'Hasbro side of things keeps shrinking'.</p><p></p><p>Here are some numbers from Hasbro's Q4 reports of the last few years</p><p></p><p>2019: Net Revenues +3%, WotC not mentioned separately</p><p>2020: Net Revenues -8%, WotC not mentioned separately</p><p>2021: Net Revenues +17%, WotC +42% (which probably means all growth was on the WotC side)</p><p>2022: Net Revenues -9%, WotC +3%</p><p>2023: Full Year revenues down 15%, WotC +10%</p><p>2024: Total Hasbro Revenue decline of 17%; Revenues declined 7% excluding the eOne divestiture, WotC +4%</p><p></p><p>So as I said even WotC staying flat would mean they take up an ever bigger slice of overall Hasbro, and as far as profits go they are now almost all profits of Hasbro. WotC in 2024 was 632M vs Hasbro's combined 690M.</p><p></p><p>So I am not sure where you see Hasbro (- WotC) beating the metrics.</p><p></p><p>Not sure what all the Mearls stuff has to do with what I wrote. To me it is unrelated.</p></blockquote><p></p>
[QUOTE="mamba, post: 9604313, member: 7034611"] no, I started by saying that 'Their need to generate ever more money is not working so great on the MtG side' and given that MtG is basically flat is in line with that from my perspective. It would take me being wrong to admit that I am wrong, you seem to have a different understanding of what I did say from what I actually did write however. At no point did I say that MtG is losing money, it probably is responsible for the majority of Hasbro (not just WotC) profits. Can you name those metrics that make Hasbro look strong, and are you talking all of Hasbro, incl. WotC or Hasbro excluding WotC? I agree that WotC is doing pretty well, as to the rest of Hasbro, I am not seeing it. That is also what I meant by the 'Hasbro side of things keeps shrinking'. Here are some numbers from Hasbro's Q4 reports of the last few years 2019: Net Revenues +3%, WotC not mentioned separately 2020: Net Revenues -8%, WotC not mentioned separately 2021: Net Revenues +17%, WotC +42% (which probably means all growth was on the WotC side) 2022: Net Revenues -9%, WotC +3% 2023: Full Year revenues down 15%, WotC +10% 2024: Total Hasbro Revenue decline of 17%; Revenues declined 7% excluding the eOne divestiture, WotC +4% So as I said even WotC staying flat would mean they take up an ever bigger slice of overall Hasbro, and as far as profits go they are now almost all profits of Hasbro. WotC in 2024 was 632M vs Hasbro's combined 690M. So I am not sure where you see Hasbro (- WotC) beating the metrics. Not sure what all the Mearls stuff has to do with what I wrote. To me it is unrelated. [/QUOTE]
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