Unveils New Segment Reporting
PAWTUCKET, R.I.–(BUSINESS WIRE)–$HAS#HAS–Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment company, outlined the Company’s strategic growth drivers for the near and medium-term and unveiled new segment reporting aligned to these drivers today at its virtual investor event. The new financial reporting segments are: Consumer Products, including toys and games; Wizards of the Coast (Wizards) and Digital Gaming; and Entertainment.
“The integrated and assembled value of consumer products, Wizards and digital gaming, and entertainment is how we unlock the next level of return for our business and for our stakeholders,” said Brian Goldner, Hasbro’s chairman and chief executive officer. “We have simplified our structure to maximize our growth and provide a clearer view to the drivers of Hasbro revenues, profit, margin, and cash generation. Our Brand Blueprint thrives as we create value from these three areas of our business, and we ar
Netflix & Hasbro s eOne Announce New Transformers BotBots Series
Thursday, February 25th, 2021 1:28pm CST Greetings Seibertronians! We ve got big news for fans of the little Transformers BotBots as Netflix and Hasbro’s eOne are teaming up to bring the BotBots to your screens!
20 episodes are being planned for the service.
Have a look at the full press release below:
TRANSFORMERS: BOTBOTS ASSEMBLE IN AN ALL-NEW ANIMATED SERIES AT NETFLIX
● Netflix and Entertainment One (eOne), Hasbro’s entertainment studio, announce Transformers: BotBots, a new 20-episode animated comedy series following the mischievous little Transformers robots, otherwise known as BotBots.
● Kevin Burke and Chris “Doc” Wyatt (Spider-Man, Transformers: Rescue Bots Academy, Stretch Armstrong & the Flex Fighters) will serve as executive producers and showrunners.
2 months ago
Fourth Quarter 2020
U.S. and Canada segment revenues up 16%; eOne segment revenues up 10%
Revenues up 21% in Hasbro Gaming and 27% across the total gaming category, 20% in TV/Film/Entertainment and 7% in Franchise Brands
Operating profit of $186.4 million; Net earnings for the fourth quarter 2020 were $105.2 million or $0.76 per diluted share
Adjusted operating profit increased 51% to $261.4 million, or 15.2% of revenues, an expansion of 480 basis points year-over-year
Adjusted net earnings of $175.3 million, or $1.27 per diluted share
Full-Year 2020
Year-end cash of $1.45 billion; Generated $976.3 million in operating cash flow for the full-year 2020
Net revenues of $5.47 billion decreased 8%, including an unfavorable $16.2 million impact of foreign exchange
Online shopping and gaming surge helps Hasbro hit $1bn ecommerce revenue in 2020 – Licensing biz licensing.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from licensing.biz Daily Mail and Mail on Sunday newspapers.
In Memoriam: Remembering The Animation Industry Figures Who Died In 2020
The past 12 months, in which the spectre of disease and death loomed over everything, saw Cartoon Brew chalk up a sad record: we have never published so many obituaries in one year.
None of these deaths were attributed to Covid-19. Yet during a period when light relief was needed more than ever, we instead found ourselves mourning a stream of departed talents who left their mark on our industry animators and cartoonists, directors and producers, voice artists, dancers, and basketball players; famous and under-appreciated; old and young.
Here are the deaths we documented in 2020: