Quite a few untapped IPs are wrapped up in Hasbro. I can see why Disney is eyeing the company.
Lucas saved approximately 200 million by selling this year.
The big question here would be the role of Mattel. Disney has done most of their toys thru Mattel since 1996 (the rest...Hasbro). But the very lucrative Cars line is Mattel, as have been all of the movie figures, Princess dolls, etc. since that time. Mattel remains the biggest toy company in the world. I have to imagine that even if Disney did buy Hasbro, then perhaps some degree of product might stick at Mattel.
HISTORY OF THE STAR WARS PREQUEL RUMORS (first article listed).
Lucasfilm got roughly 20% of Galoob's stock as part of the deal in 1997.
and here's a legal brief amending the original hasbro/lfl deal in 1997.
this one gave LFL a warrant for 1.6 million shares(fully paid and valued at $35 per share) as a condition for LFL to surrender their Warrant got Galoob's 3 million plus shares(that were valued at $15 in 1997)
And I believe LFL still got the $140 million in royalty advances from Galoob. (I dont know what Hasbro proper gave them, but the articles I'm seeing today say between 15-20% of projected sales over the 10 year deal, which was double the normal ammount given as advance in that era).
Assuming LFL has not claimed those warrants, Hasbro may be either negotiating to buy those back from lfl/disney, or Disney is using that as leverage in potential merger talks.
Last edited by ewokpelts; 11-06-2012 at 07:03 AM.
I could see Disney going after Sony's entertainment division more so than Hasbro. I am sure they already have shares but they see the potential in controlling everything. They would make 100% of all toy merch pretty much with owning Hasbro. Sony has Bond and Spider-Man. Disney wants Spider-Man, period. Sony thought it had a lock with entertainment but just hasn't gone their way. PS3 adds to that too.