Hasbro Makes a Year’s Worth of Digital Transformation and Is Ready for the 2020s
Hasbro (NASDAQ: HAS) put the final wrap on 2019, closing out a year's worth of investing in digital capabilities to set itself up for the next decade.
Of note was the toy-making giant's $3.8 billion acquisition of Peppa Pig and PJ Masks producer Entertainment One (eOne), which was completed just before the start of the new year. The numbers from its fourth-quarter earnings released Tuesday were decent enough, if not falling slightly on the "disappointing" end of the spectrum, but Hasbro is all about the future of playtime -- and that future looks promising.
Peppa Pig. Image source: Entertainment One.
Source Fool.com
