Hasbro CEO Chris Cocks has told Bloomberg that they will no longer be co-financing films based on Hasbro IP. While Hasbro will continue to license its IP to other film companies such as Lionsgate and Sony, Hasbro is stepping out of the film business with the disappointing box office returns of Transformers One and Dungeons and Dragons: Honor Among Thieves.
Cocks, who came to Hasbro from Microsoft in 2016, was put in charge of Hasbro’s card game, Magic: the Gathering…
Source: The AllSpark
