October 23, 2017
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October 23, 2017 |
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Hasbro’s Revenues Up 7 Percent in Q3 2017
The company saw revenue growth of 7 percent to $993.8 million in the U.S. and Canada segment, which was negatively affected by the Toys"R"Us bankruptcy in the region; 7 percent in the international segment to $739.2 million, including a favorable $27.9 million impact on foreign exchange; and 4 percent in the entertainment and licensing segment to $58.4 million. There was revenue growth in franchise brands, Hasbro gaming and emerging brands, while partner brand revenues were slightly down. Operating profit was flat at $360.9 million and net earnings rose 3 percent to $265.6 million.
Big Bad Boo to Develop Digital CBC Kids’ Show
The show follows the adventures of 12-year-old Jodhi. Every day after school, Jodhi sets up a mock court in her backyard and hears neighborhood cases. The animated series is intended for kids aged 6 to 9. BabyTV Expands LatAm Footprint
The deal adds 2.8 million total new homes to BabyTV’s viewership across Latin America and follows the channel’s launch on Claro TV earlier this year. The 24/7 commercial-free channel is also available in Chile, Peru, El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic.
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TV Kids Weekly Kids Get Real TV Kids Guide 2017/2018
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Hasbro’s third-quarter revenues increased by 7 percent to $1.79 billion, as compared to $1.68 billion in the same period last year.
Vancouver-based Big Bad Boo Studios is developing Judge Jodhi, a new digital original series, with CBC Kids.
BabyTV, FOX Networks Group’s global TV channel for babies, toddlers and their parents, has expanded its reach in Latin America by launching on Claro TV’s service in Brazil.
