WotC WotC Generates 75% Of Hasbro's Profit

ICv2 is reporting that WotC generated $110M of Hasbro's $147.3M operating profits in the first quarter of this year, with an increase of 15% on last year.

Of overall sales, WotC generated (only!) 22% of Hasbro's $1.1B.

The growth is attributed to Magic: the Gathering and D&D. Recently, Hasbro restructured with 'WotC and Digital Gaming' getting it own division.

WotC - D&D Gets A New Division At Hasbro

Hasbro is reorganizing and giving tabletop gaming -- Dungeons & Dragons and Magic: the Gathering -- a higher priority. According to the Wall Street Journal, WotC's revenue last year was $816 million (a 24% increase on 2019). Brian Goldner, Hasbro's Chief Executive, says WotC is predicted to...

www.enworld.org

 

[Parmandur]

Renton (actually WFH these days).

Although there was a Geekwire story that Wizards is opening a set of offices in Eastgate/Factoria area

I get confused because my sister lives in Redmond, but I don't really know the area.

 

[Parmandur]

OR, another strategy is to sell the property while it's hot, and make serious bank. Depends on what Hasbro needs right now. They'd have to spin it like heck though, as shareholders might not be happy if you sell the golden goose.

Lol, no.

 

[Mannahnin]

OR, another strategy is to sell the property while it's hot, and make serious bank. Depends on what Hasbro needs right now. They'd have to spin it like heck though, as shareholders might not be happy if you sell the golden goose.

Wut.

Who could even afford it who'd be interested?

 

[humble minion]

Wut.

Who could even afford it who'd be interested?

Well, Amazon is the obvious candidate. Or Netflix/Disney/whoever if the upcoming movie and TV show are successful.

But yeah, it's bordering on impossible to see Hasbro letting WotC go at this point.

 

[darjr]

Well, Amazon is the obvious candidate. Or Netflix/Disney/whoever if the upcoming movie and TV show are successful.

But yeah, it's bordering on impossible to see Hasbro letting WotC go at this point.

Bordering?!? Unless someone offers an equally impossible sweet deal, no it’s not even the same continent.

 

[Parmandur]

Well, Amazon is the obvious candidate. Or Netflix/Disney/whoever if the upcoming movie and TV show are successful.

But yeah, it's bordering on impossible to see Hasbro letting WotC go at this point.

I think it's more likely Disney would just buy Hasbro in full across the board for vertical integration purposes. That's the only realistic scenario I can see for new corporate ownership of D&D.

 

[GreyLord]

Wut.

Who could even afford it who'd be interested?

Disney.

And...despite that many think that Disney is the biggest media conglomerate on the Block, they are actually small change compared to another.

Not that they will. I'd say an offer of 2-4 Billion would perk some eyes...but I don't think Hasbro would let it go at this point even for that.

 

[Morrus]

Not that they will. I'd say an offer of 2-4 Billion would perk some eyes...but I don't think Hasbro would let it go at this point even for that.

It's not Lucasfilm.

 

[Parmandur]

Disney.

And...despite that many think that Disney is the biggest media conglomerate on the Block, they are actually small change compared to another.

Not that they will. I'd say an offer of 2-4 Billion would perk some eyes...but I don't think Hasbro would let it go at this point even for that.

Hasbro itself is only worth $4 billion, last I checked. There were rumors Disney might buy Hasbro a few years back. Stranger things have happened.

 

[GreyLord]

Hasbro itself is only worth $4 billion, last I checked. There were rumors Disney might buy Hasbro a few years back. Stranger things have happened.

I believe the bigger problem is that would require approval by vote by the majority of the Holders. AT least one of those probably thinks Disney is the Devil.

They might be willing to let a portion go for a significant amount of money, at least would have a better chance at passing the vote on the board if not the stock holders general.

I don't see it happening currently though, at least (or perhaps especially) for WotC and brands associated. You never know though. If the bribe is big enough...

But Disney isn't the only one out there, and isn't even the biggest one. Ironically, I think other brands generally come to mind when companies consider Hasbro rather than D&D or MtG...even if WotC brands have had a big impact recently.