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Hasbro reports $171M loss in Q3, cuts full-year revenue outlook

PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $171 million in the third quarter of 2023, following a year-ago profit of $129.2...
HASBRO INC. has acquired D&D Beyond, a digital toolset for the toy company’s Dungeons & Dragons role-playing game, from Fandom for $146.3 million. / COURTESY HASBRO INC.

Hasbro acquires D&D Beyond from Fandom for $146M

PAWTUCKET – Hasbro Inc. Wednesday acquired D&D Beyond, a digital toolset for the toy company’s Dungeons & Dragons role-playing game, from Fandom Inc. for...
HASBRO IS LOOKING to grow its top and bottom lines with a decades-old game, Magic: The Gathering. But unlike tournaments in which players use paper cards, Hasbro has digitized the game and is informally naming it Arena. The company expects to be attracting millions of players in the next few years. / BLOOMBERG NEWS PHOTO/MARK ABRAMSON

Move over Monopoly: Hasbro’s next big growth engine Is Magic

NEW YORK – In the battle for gaming dominance, Hasbro Inc. has what it hopes is an ace up its sleeve – in a deck...
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