Lionsgate Closing In On eOne Acquisition As Hasbro Q2 Earnings Call Nears

📆 02/08/2023 01:46:00
📰 DEADLINE

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Speculation is intensifying that Lionsgate is getting closer to a deal to acquire the Hasbro-owned Entertainment One. The timing is not coincidental. Hasbro is set to report second-quarter 2023 ear…

Sources close to the situation caution that, while there is an effort to close the deal by Thursday, negotiations are ongoing and they may not be completed in time for the Hasbro earnings announcement. Reps for Hasbro and Lionsgate declined comment or did not respond to a request for comment.

M&A — and all dealmaking — in Hollywood has slowed down amid overall economic woes and two strikes against the studios, one by the WGA and one by SAG-AFTRA.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bank of America upgrades Hasbro, says new 'Magic: The Gathering' cards will boost earningsThe bank upgraded the stock to buy from neutral on Monday, and increased its price target to $85 from $68.
La source: CNBC - 🏆 12. / 72 Lire la suite »

All3Media Being Eyed by Mediawan, Banijay, Sony After ITV Pulled Out of Acquisition (EXCLUSIVE)All3Media, the production-distribution giant behind “Fleabag,” “The Traitors” and Jamie Dornan-starrer “The Tourist,” will return to the sales block in September after ITV backed away from a …
La source: Variety - 🏆 108. / 63 Lire la suite »