Image Source: Hasbro Inc – IR Presentation
By Callum Turcan
On August 22, Hasbro Inc. (HAS) announced it was acquiring Entertainment One Ltd. (ENTMF) through an all-cash deal worth approximately USD$4.0 billion. Hasbro will gain access to popular properties like Peppa Pig and Ricky Zoom, along with substantial TV production capabilities. Peppa Pig is very popular in the UK, China, and elsewhere while Ricky Zoom is steadily gaining traction worldwide. We see this deal as Hasbro’s way of finally being able to produce its own live-action and animated TV shows