Hasbro

Hasbro, Inc.
Formerly
  • Hassenfeld Brothers
    (1923–1968)
  • Hasbro Industries
    (1968–1984)
  • Hasbro Bradley
    (1984–1985)
Company typePublic
IndustryToys and entertainment
FoundedDecember 6, 1923; 100 years ago (1923-12-06)
Founders
  • Henry Hassenfeld
  • Hillel Hassenfeld
  • Herman Hassenfeld
Headquarters
Pawtucket, Rhode Island
,
U.S.
Area served
Worldwide
Key people
Products
Brands
RevenueDecrease US$5.86 billion (2022)[1]
Decrease US$407.7 million (2022)[1]
Decrease US$203.5 million (2022)[1]
Total assetsDecrease US$9.2959 billion (2022)[1]
Total equityDecrease US$2.8619 billion (2022)[1]
Owners
Number of employees
5,600[3] (December 2023)
Divisions
Subsidiaries
Websitecorporate.hasbro.com
Footnotes / references
Financials as of December 31, 2023.[3][1][5]

Hasbro, Inc. (/ˈhæzbroʊ/; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island.[6] Hasbro owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others. As of August 2020, over 81.5% of its shares were held by large financial institutions.[7]

Among Hasbro's products are Transformers, G.I. Joe, Power Rangers, Rom the Space Knight, Micronauts, M.A.S.K., Monopoly, Furby, Nerf, Potato Head, Ouija boards, Play-Doh, Twister, and My Little Pony, and with the Entertainment One (now Lionsgate Canada) acquisition on December 30, 2019, franchises like Peppa Pig and PJ Masks. Hasbro also spawned TV shows to promote its products, such as Family Game Night on the Discovery Family network. It is the former parent of mass media and entertainment company Entertainment One. Hasbro sold Entertainment One to Lionsgate on December 27, 2023, however, it kept eOne's family brands and eOne's stake in Astley Baker Davies, placing them into a new subsidiary called Hasbro Entertainment, founded on August 16, 2023.[8] The company celebrated their 100th anniversary on December 6, 2023.

  1. ^ a b c d e f "Hasbro Reports Fourth Quarter and Full-Year 2022 Financial Results". Hasbro. February 16, 2023. Archived from the original on October 2, 2023. Retrieved February 22, 2023.
  2. ^ a b c d "DEF 14A". Sec.gov. Archived from the original on January 15, 2022. Retrieved February 16, 2022.
  3. ^ a b "2023 Hasbro Annual Report". Hasbro. February 28, 2024. Retrieved September 7, 2024.
  4. ^ Hoofer, Christian (February 25, 2021). "Wizards of the Coast Gets a Big Promotion at Hasbro". ComicBook.com. Archived from the original on February 26, 2021. Retrieved October 11, 2021.
  5. ^ "Hasbro 2021 Investor Presentation". Investor.hasbro.com. Archived from the original on July 15, 2021. Retrieved February 16, 2022.
  6. ^ "10-K". 10-K. Archived from the original on February 3, 2023. Retrieved July 29, 2020.
  7. ^ "HAS Institutional Holdings". NASDAQ. Archived from the original on February 3, 2023. Retrieved August 12, 2020.
  8. ^ Jackson, Angelique; Shafer, Ellise (August 3, 2023). "Lionsgate Closes Deal to Acquire E1 From Hasbro for $500 Million". Variety. Retrieved November 20, 2023.