Hasbro Q3 results. Basically, the quarter saw growth largely on the back of continued success in Wizards of the Coast and the various tie in Magic The Gathering offerings. Among Hasbro's notes was some point of sale decline in Transformers, but that can be attributed to the lack of build up for a feature film release as we saw last year. In the management remarks, GI Joe, of all things, was mentioned as a significant driver during the 3rd quarter. Much of the Q3 softness in consumer products is being attributed to retail ordering shifts, which pushed some point of sale numbers into Q4 (as we saw with stores not doing their typical fall resets until the end of September or early October).
Strong gains in Wizards of the Coast and Digital Gaming offset softness in Consumer Products as Hasbro charts steady growth heading into the holiday season.
toybook.com
Also of note, Hasbro will be launching a Peppa Pig FAST channel in the coming weeks on Samsung TV Plus. However, like Power Rangers and Transformers, the FAST channel is apt to be carried by other providers in the future. Also noted is an upcoming "Hasbro Legends" FAST channel which will focus on legacy series like GI Joe, Jem and the Holograms, and VR Troopers.
Hasbro is expanding its preschool streaming footprint this fall with the launch of the PEPPA PIG & FRIENDS FAST (Free Ad-Supported Streaming TV) channel on Samsung TV Plus. The new channel will feature Peppa Pig alongside other preschool programming such as Ben & Holly’s Little Kingdom, creating...
cordcuttersnews.com
Hopefully, Hasbro Legends will end up like WB's Cartoon Rewind network and cycle through all the B- and C-tier shows Hasbro's got. They actually got a decent back catalog worth exploiting.
