“Over the past decade, eOne Film & TV has grown into a leading independent production and distribution company, and we’ve celebrated so many wins,” Bertram wrote. “For me, this has been an incredible ride.”
In preparation for the sale, eOne underwent multiple rounds of layoffs over the last few months that impacted about 20% of the indie studio’s film and television staff. Hasbro’s plan, announced in January, involves cutting 15% of the company’s global workforce this year, or about 1,000 positions.You will have read by now that Hasbro announced this morning the sale of the eOne Film & TV business to Lionsgate.
With the business transitioning to a new owner, the time is right for me to move on. I will stay with the company for a short period to help kick off the transition process and will of course be available during that time to address the many questions you will have about what’s next. Hasbro will appoint a transition team shortly that will be tasked with guiding the business for the next few months. You’ll hear directly from this transition team in the coming days.