Hasbro is selling its eOne television and movie business to Lionsgate in an approximately $500-million US deal, after having paid $4 billion for the company four years ago.
Hasbro said Thursday that the agreement with Lionsgate includes $375 million in cash and the assumption of production financing loans.
The acquisition will give Lionsgate access to eOne’s library of almost 6,500 titles, including Grey’s Anatomy, Yellowjackets and The Woman King.
Lionsgate will also receive film development rights to Hasbro’s Monopoly, based on the popular board game.
“Lionsgate’s management team is experienced in entertainment and adept at driving value, and we’re glad to have found such
