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Jon Feltheimer Jennifer Maas Entertainment film Hasbro CEO EON Strategy Jon Feltheimer Jennifer Maas

Lionsgate Closes eOne Acquisition for $375 Million

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variety.com
variety.comvariety.com:

Jennifer Maas TV Business Writer Lionsgate closed its $375 million acquisition of studio Entertainment One (eOne) from toy company Hasbro Wednesday.

The deal adds 6,500 film and television titles to Lionsgate’s existing library, including Showtime hit “Yellowjackets,” ABC’s “The Rookie” and Discovery’s “Naked & Afraid” franchise.

The sale is subject to purchase price adjustments, plus Lionsgate’s assumption of production financing loans for eOne projects.

In August, Lionsgate struck a deal to purchase eOne‘s TV and film operations from Hasbro for $500 million. The sale news came nearly four years to the date when Hasbro announced their intent to acquire eOne in a $3.8 billion deal in August 2019.

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Jon Feltheimer Jennifer Maas Entertainment film Hasbro CEO EON Strategy
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