Hasbro has partnered with Epic Games to introduce a range of Fortnite-inspired play experiences, including a Monopoly: Fortnite Edition game.
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Samantha Lomow has been promoted to president of Hasbro entertainment brands, while Jonathan Berkowitz was elevated to president of Hasbro brands.
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Hasbro has extended its employment agreement with Brian Goldner, chairman and CEO, for another two years, while John Frascotti is being elevated to president and COO, among other appointments at the company.
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Hasbro saw its net revenues for the second quarter of 2018 decrease 7 percent to $904.5 million, impacted by the liquidation of Toys“R”Us in the U.S. and other global markets.
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Hasbro has inked a multiyear deal with global fashion retailer Benetton Group for apparel and accessories featuring its brands, including My Little Pony and Transformers.
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Hasbro has inked a definitive deal to purchase Saban Brands' Power Rangers and a number of other entertainment properties, including My Pet Monster, Popples, Julius Jr., Luna Petunia and Treehouse Detectives.
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Hasbro's net revenues decreased 16 percent to $716.3 million in the first quarter due to the liquidation of Toys"R"Us in the U.S. and U.K. and uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.
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Hasbro and The Autism Project have partnered on ToyBox Tools, a collection of resources designed to help parents, teachers and caregivers make play more accessible to children with developmental disabilities.
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Hasbro, SUNRIGHTS, d-rights and TOMY Company have teamed up to find the ultimate Beyblade Burst master through the launch of the 2018 World Championship.
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