Lionsgate Acquires Entertainment One for $375 Million

Deal adds over 6,500 film and TV titles to Lionsgate's library, includes rights to develop 'Monopoly' movie.

Lionsgate has officially closed its acquisition of Entertainment One (eOne) from Hasbro for $375 million in cash, adding over 6,500 film and TV titles to its library.
The acquisition includes rights to develop a movie based on Hasbro’s board game “Monopoly” and an unscripted competition series based on “Play-Doh Squished.”
Hasbro retains branded assets like “Peppa Pig,” “Transformers,” “Dungeons & Dragons,” “Power Rangers,” “PJ Masks,” “G.I. Joe,” “My Little Pony,” and “Magic: The Gathering.”
Lionsgate plans to separate its film and TV studios from Starz, making each standalone companies to maximize their value and attractiveness for potential acquisition.
The deal is part of Lionsgate's strategy to strengthen its studio business, diversify its scripted and unscripted television businesses, extend its portfolio of brands and franchises, and expand its presence in Canada and the UK.