Hasbro Now Owns Death Row Records Because Why Not, It’s 2020
On December 30, while everyone was busy posting aggressively filtered pictures of themselves from both ends of the last decade, Hasbro Toy Company completed its $3.8 billion acquisition of Entertainment One Ltd. (eOne), a Toronto-based multimedia company. Although the massive cash deal was presumably so that the toy giant could get its hands on eOne-produced kids’ shows like Peppa Pig and PJ Masks, one of the other properties it picked up in the purchase was music label Death Row Records—yes, the one that defined West Coast gangster rap in the 90s.
“We are excited about what we can do together and see tremendous opportunity for shareholder value creation through this acquisition,” Brian Goldner, Hasbro’s chairman and CEO said in a state… Continue Reading (3 minute read)