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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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eOne: Fremantle, Lionsgate & Legendary In Pursuit Of Hasbro Company As Sale Process Enters Final Stage

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deadline.com

EXCLUSIVE: Hasbro has narrowed down the field for its eOne subsidiary to a handful of suitors, sources tell Deadline.

We hear fellow indie studios Lionsgate, Fremantle and Legendary (with Apollo) are in the running to acquire a majority stake in eOne.

We hear there also may be 1-2 additional bids from private equity players; Hasbro previously sold eOne’s music business to private equity firm Blackstone in 2021 for $385 million. (Blackstone and company-backed Candle Media are not believed to be in the mix for eOne.) A reps for Hasbro said that the company has no update at this time; Fremantle, Lionsgate and Legendary had no comment.

We hear a round of presentations is scheduled for the upcoming week as potential buyers hone in their final pitches. According to sources, the process has been robust, with solid bids for the assets that have been put up for sale by the toymaker — all scripted and unscripted TV production (except for the Family Brands division housing such staples as Peppa Pig and PJ Mask), all film production and related global distribution, as well as a 6,500+ title content library and Hasbro’s interest in eOne’s Canadian film and TV business.

Read more on deadline.com
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