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HASBRO INC. and its subsidiary, Wizards of the Coast, have invested nearly $1 billion into their shared gaming initiatives in a hope to build off the success of Larian Studios' video game “Baldur’s Gate 3” and brands such as Dungeons & Dragons and Monopoly, according to a report from GameSpot. / PBN FILE PHOTO/WILLIAM HAMILTON

Hasbro, Wizards of the Coast invest $1B in video game industry

PROVIDENCE – Hasbro Inc. is looking to expand its presence in the video game market. Hasbro and its subsidiary, Wizards of the Coast, have invested...

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...
RIVALS HASBRO INC. and Mattel Inc. have entered a multiyear licensing agreement to create co-branded toys and games to coincide with the summer movie season.  

Hasbro enters licensing agreement with Mattel tied to summer films

PAWTUCKET – Barbie, Hot Wheels, Monopoly and UNO are set to embark on a new friendship.  Hasbro Inc. and Mattel Inc. announced Tuesday that the...
WAKANDA FOREVER: From left, Bryony Bouyer, Hasbro Inc.’s senior vice president of diversity and inclusion and multicultural strategy; Olga Lowe, manager of global brand development and marketing; Tayla Reo, product development manager; and Phil Johnston, senior creative writer, pose with arms crossed in a salute made famous in Marvel Entertainment LLC’s Universe’s “Black Panther” movie. 
PBN PHOTO/DAVID HANSEN

Equity is serious business for this toy company

PBN 2022 Diversity Equity & Inclusion Awards Entertainment: Hasbro Inc. WITH ITS STORIED, almost centurylong history, Pawtucket-based Hasbro Inc. is known as the corporate parent...

Unions still powerful in R.I.

Labor unions may be losing power nationally, but they remain a strong presence locally, as a brewing dispute over beer delivery in the Ocean...

Amazon dominance hurts small business and communities

To the Editor: Recently, Rep. David Cicilline, D-R.I., chair of a House antitrust subcommittee, took on the brave and bold task of holding hearings to...
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...
HASBRO grew revenue year over year in 2017, but saw profit decline due to repatriation taxes driven by the new tax code. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Hasbro revenue up, profit down on tax code changes

PROVIDENCE – Hasbro Inc. reported net income of $396.6 million for 2017, which thanks to a $296.5 million charge as a result of the...
HASBRO HAS GIVEN IN to the inclination of many players of Monopoly to bend the rules, with a new Monopoly "Cheater's Edition," which will be sold starting in the fall. / BLOOMBERG NEWS PHOTO/DANIEL ACKER

Hasbro concedes to human nature with Monopoly made for cheating

NEW YORK – As Hasbro Inc. passed GO, collected $200, and lapped Mattel Inc. to become the No.1 toymaker in terms of sales, it...
HASBRO REPORTED net income of $67.7 million for the second quarter of 2017, citing rising revenue from Monopoly and Magic: The Gathering.

Hasbro reports $67.7M Q2 profit

PAWTUCKET – Hasbro Inc. posted profit of $67.7 million in the second quarter of 2017, a 37 percent increase year over year. The toy, board...
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