3 ms·
Judging by the comments in this thread & the way the media is writing headlines this makes it sound like Hasbro is buying Peppa / a one-off cartoon studio for $
by aresant 7y ago
Judging by the comments in this thread & the way the media is writing headlines this makes it sound like Hasbro is buying Peppa / a one-off cartoon studio for $4b
When in fact what Hasbro is actually buying is Entertainment One (EO) which is a massive media conglomerate . (1)
EO acquires stakes and licensing rights in dozens of properties, including the studio behind Peppa that they paid ~$210m for in 2015 (2)
For Hasbro this acquisition lines them up with a licensing rich catalog to push out their wares and open new worldwide markets.
Beyond that EO is a:
- 50 year old company
- Generates >$1b in revenue / annually
- Thousands of employees
- Hundreds of entertainment properties with more than 80,000 hours of film and television content and approximately 40,000 music tracks.
- Mini-disney model of robust acquisition and then licensing / merchandising
https://en.wikipedia.org/wiki/Entertainment_One https://en.wikipedia.org/wiki/Entertainment_One (1)
https://www.crunchbase.com/acquisition/entertainment-one-acquires-astley-baker-davies-ltd--68dfa045#section-overview https://www.crunchbase.com/acquisition/entertainment-one-acq... (2)
- deleted 7y ago[deleted]