Lionsgate Completes Acquisition of eOne from Hasbro, Expanding Global Entertainment Portfolio
By Kyra Greene
Lionsgate has successfully finalized its acquisition of the worldwide entertainment platform eOne from Hasbro, sealing the deal at a cash purchase price of $375 million, with adjustments for specific purchase considerations and the absorption of production financing loans.
This strategic move significantly enhances Lionsgate’s library, already one of the world’s largest and most valuable, with the addition of 6,500 film and television titles. The acquisition not only bolsters both scripted and unscripted television segments but also diversifies the company’s brand portfolio and franchises. Additionally, it extends Lionsgate’s reach in Canada and the UK.
Among eOne’s notable productions are the ABC franchise “The Rookie,” the critically acclaimed Showtime series “Yellowjackets,” and the enduring Discovery unscripted series “Naked & Afraid.” The transaction also includes film development rights to Hasbro’s cherished Monopoly brand.
Lionsgate CEO Jon Feltheimer remarked, “The eOne acquisition concludes a busy year in which we continued to execute our strategy of strengthening our studio business as we prepare for the separation of Lionsgate and STARZ into pure-play standalone companies. As we’ve conducted our integration planning, our analysis has reaffirmed our conviction that eOne will be a valuable and highly accretive addition to our business. We are pleased to welcome eOne’s talented group of employees to our Lionsgate family.”