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Lionsgate Buys eOne For $500 Million

Lionsgate Buys Eone For 500 Million
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Here’s the latest from Dark Horizons

Lionsgate has acquired the TV and film operations of Entertainment One (eOne) from Hasbro for approximately $500 million. The deal remains subject to closing conditions and regulatory approvals.

The transaction is expected to close by the end of the year. It comes ahead of Hasbro’s earnings call this morning and almost four years exactly since Hasbro announced their intent to acquire eOne in a $3.8 billion deal.

The sale will include a team of employees; a content library of nearly 6,500 titles; active productions of non-Hasbro owned IP such as shows like “The Rookie,” “Yellowjackets” and “Naked and Afraid”; and eOne’s unscripted holdings…

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