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Hasbro launches $500M bond deal

PAWTUCKET – Hasbro Inc. launched a $500 million bond deal Wednesday as it raises debt for the first time since 2019.  The toymaker is selling...

Hasbro to lay off 1,100 more employees, vacate Providence office after...

PAWTUCKET – More layoffs are coming at Hasbro Inc. The toy company will in a year’s time also exit its downtown office adjacent to the...

Report: Hasbro cutting 20% of staff at Entertainment One

PROVIDENCE – Hasbro Inc. is laying off approximately 20% of the staff at its film production company Entertainment One, thewrap.com reported Thursday.  Exact details of...
HASBRO INC. CEO Chris Cocks was compensated more than $9.4 million in 2022 despite the company reporting a loss for the year, the Rhode-Island based toy maker reported in a proxy statement released on April 3.  / COURTESY HASBRO INC.

Hasbro CEO Cocks earned $9.4M in 2022

PAWTUCKET – Hasbro Inc. CEO Chris Cocks was compensated more than $9.4 million in 2022 despite the company reporting a loss for the year,...

Report: Hasbro division cancels 5 video game projects

PROVIDENCE – Wizards of the Coast, a division of Hasbro Inc. that makes trading card games and role-playing games including Magic: The Gathering and...

Hasbro puts part of Entertainment One division up for sale

PAWTUCKET – Hasbro Inc. announced Thursday it is selling part of its film and TV production and distribution unit, Entertainment One. “Following our recent Investor...

2 Hasbro board members to retire

PAWTUCKET – Three months after reelecting all 13 directors to its board and winning a proxy battle with an activist investor, Hasbro Inc. announced...

Ancora Holdings enters proxy fight with Hasbro

PAWTUCKET – Another activist investor has entered the proxy fight with Hasbro Inc. Ancora Holdings, which has a 1% stake in the Rhode Island-based toy...

Hasbro reports 136% profit jump in 2019

PAWTUCKET – Hasbro Inc. reported a 136% boost in profit in 2019, to $520.5 million, or $4.05 per diluted share, according to a company...
HASBRO completed its acquisition of Entertainment One Ltd. this week. / COURTESY HASBRO INC.

Hasbro completes acquisition of eOne

PAWTUCKET – Hasbro Inc. completed its acquisition of Entertainment One Ltd., the company announced this week. The deal was valued at about $3.8 billion in...
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