Transformers News: Tag - "industry news"
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Are Hasbro Inc about to be bought out and go private? Well yes they are is you listen to reports coming out of the US. The reports say that Hasbro are in talks with Providence Equity
Partners to take the company private in a leveraged buy-out.
The New York Times report that a buy-out fell through a few weeks ago but its quiet possible talks have restarted. When asked to comment on the story Hasbro Inc refused to deny the report stating "There are always rumours and speculation about public companies and we
just don't comment on that"
Category: Toy Industry News
| Submitted by: quartz -
on: Thursday, 24th June 2010 at 19:23:18 BST
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As we are about to tick-over into March we thought it was about time to bring you the UK sales figures for January 2009. As you may have guessed Transformers does not make either list with Bandai's Ben 10 series continuing to lead the way.
UK January 2009 (£ Sales - value)
1. Ben 10 15cm Action Figures - Bandai
2. Star Wars Clone Wars Basic Figures - Hasbro
3. Dr Who 5" Figures - Character Options
4. Ben 10 10cm Assortment - Bandai
6. Cars Vehicle Assortment - Mattel
7. Power Rangers Jungle Fury - Bandai
8. Bakugan Starter Pack - Spin Master
9. Hot Wheels Basic Car Assortment - Mattel
10. In The Night Garden Talking Plush - Hasbro
UK January 2009 ( Unit Sales - Volume)
1. Hot Wheels Basic Car Assortment - Mattel
2. Cars Vehicle ASsortment - Mattel
3. Match Attax Cards 08/09 - Topps
4. Ben 10 Figures 10CM Assortment - Bandai
5. Dr Who 5" Figures - Character Options
6. SE Die-cast vehicles - Mattel
7. Star Wars CLone Wars Basic Figures - Hasbro
8. Ben 10 15cm Action Figures - Bandai
9. Power Rangers Jungle Fury Figures - Bandai
10. Bakugan Booster Pack - Spin Master
Category: Toy Industry News
| Submitted by: quartz -
on: Saturday, 28th February 2009 at 19:15:49 GMT
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Bad news for UK toy collectors, though not really surprising, toy retail forecasters have been predicting that the UK retail prices will rise in the 2nd half of this year, blaming rising costs in manufacturing, raw materials and currency appreciation. The latest forecast comes from the head of Mattel UK, David Allmark. David has warned that UK prices are likely to rises by around eight per cent in the second half of the year.
Not all toy manufactures are predicting increased prizes, Vivid Imaginations recently announced that increased manufacturing prices in China would be absorbed by the company and not passed to retailers.
Hasbro Inc are yet to comment, but you can be sure we'll be keeping a close eye on this story over the rest of the year.
Category: Toy Industry News
| Submitted by: Moonbug -
on: Monday, 10th March 2008 at 13:28:25 GMT
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On the back of the $700 million dollar grossing success of the Transformers Movie, plus the current DVD sales, Hasbro Inc have announced that they have hired 20th Century Fox executive Lisa Licht as their newly created General Manager, Entertainment and Licensing in a move to turn more of their toy properties into movies. Licht oversaw Fox's promotional campaign for the summer smash hit The Simpsons Movie.
"Hasbro has a plethora of brands and intellectual
properties," Licht said.
"We want to see how we can capitalize on those
with the right entertainment outlet for that brand.". By the end of September, Hasbro's revenue has risen 25% on the previous year, in part due to the success of Transformers, but also the continued sales of Spider-man items. Brian Goldner, chief operating
officer of Pawtucket, R.I.-based Hasbro, credits the success of the films for boosting toy sales at stores nationwide and around the world. Hasbro Inc
did not invest money into the "Transformers," movie but did received an undisclosed percentage of the box-office profit as well as an upfront licensing fee. "
We looked at 'Transformers' as a way to contemporize the brand," Goldner said. "
The great thing about a good story and a good movie is that it travels all over the world.". Currently Hasbro Inc are working with Paramount Pictures and Dreamworks on Transformers 2 and the G.I-Joe film as well as recently signing a TV syndication deal for a Trivial Pursuit game show. Goldner said the
company had its sights on a Monopoly movie or TV show.
Category: Toy Industry News
| Submitted by: Moonbug -
on: Friday, 7th December 2007 at 10:37:25 GMT
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An interesting article, for those interesting in Industry news, has appeared on Yahoo Finance, which is more indication of the growing fortunes of Hasbro Inc.
PROVIDENCE, R.I. (AP) -- Hasbro Inc. President and Chief Executive Alfred J. Verrecchia received compensation valued at $8.2 million in 2006, a year when the nation's second largest toy maker saw 11 percent growth in its core board game business, a regulatory filing Monday shows.
Verrecchia's compensation included $1 million in salary and $3 million in non-equity incentive plan compensation, according to a proxy statement the company filed with the Securities and Exchange Commission.
He also was awarded stock and options that had an estimated value of $4.1 million when they were granted, and he received $162,036 in other compensation, most of which was company contributions to a 401(k) plan, the proxy said.
The Associated Press' calculations of total pay include executives' salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock and option awards granted during the year. The calculations don't include changes in the present value of pension benefits and sometimes differ from the totals released by the companies.
Hasbro valued Verrecchia's pension at $12.3 million, crediting him with 41 years of service.
If Verrecchia leaves the company, his severance package could range anywhere from $5.2 million for a mutual parting of ways to $31 million if Verrecchia is fired without cause, Hasbro said. If he dies, his estate would be paid $7.2 million.
Hasbro reported 2006 net earnings of $230.1 million, compared with $212.1 million the previous year. Revenues were $3.2 billion, up 2.1 percent from 2005.
The company plans to hold its annual shareholders meeting May 24 at its corporate offices in Pawtucket.
Hasbro's board said it's asking shareholders to approve a company proposal to allow it to increase the amount of shares Hasbro is allowed to grant to employees and directors under its Stock Incentive Performance Plan by 7,500,000. Otherwise, the company said, it will not have enough shares to meet one more year's worth of equity grants.
Another proposal, by a shareholder, would require the toy company's board of directors to publish a sustainability report, which would include Hasbro's policies on social, environmental and economic sustainability and the company's long-term sustainability plans. The board opposes the proposal, saying the company already is committed to producing environmentally responsible products and has reduced its use of twist ties and adhesive tape in its packaging and shipping cartons.
Category: Toy Industry News
| Submitted by: Moonbug -
on: Tuesday, 17th April 2007 at 08:28:14 BST
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Private equity firm Texas Pacific Group has acquired a 14.07 per
cent stake in Tomy becoming the firm's second-largest shareholder. Under the agreement, TPG will purchase 7 billion yen ($60 million) in
convertible bonds with share warrants that Tomy will issue to TPG
through a third-party allocation.
TPG,
which has about $30 billion of assets under management, will also
acquire 10.96 percent of Tomy shares held by the investment firm T2
Fund.
In addition, it will also acquire 1.97 percent of Tomy
shares held by the firm as treasury stock and another 1.13 percent of
outstanding shares from the company's subsidiaries.
A TPG
spokesman declined to comment on the total investment amount, but the
14.07 percent stake would be worth close to $90 million at Tuesday's
closing share price of 768 yen.
"Tomy is well positioned as
Japan's number two toy maker and has huge potential for further growth,
especially overseas," Jun Tsusaka, head of TPG's Japanese operations,
said in a statement.
"Combining both partners' strengths will
allow Tomy, already one of Japan's major toy makers, to further develop
into a leading global toy maker," said Kantaro Tomiyama, president of
Tomy.Thanks to Toy News Magazine for the
article
Category: Toy Industry News
| Submitted by: Moonbug -
on: Wednesday, 7th March 2007 at 12:21:09 GMT
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