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Hasbro to sell eOne film and TV business to Lionsgate for $500 million

2023-08-03 18:29
Hasbro said on Thursday it would sell its eOne film and TV studio unit to Lionsgate Entertainment for
Hasbro to sell eOne film and TV business to Lionsgate for $500 million

Hasbro said on Thursday it would sell its eOne film and TV studio unit to Lionsgate Entertainment for about $500 million as part of the toymaker's efforts to focus on more profitable brands.

(Reporting by Savyata Mishra in Bengaluru; Editing by Vinay Dwivedi)