April 23, 2018
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April 23, 2018 |
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Hasbro’s Q1 Revenues Down Amid Toys"R"Us Liquidation
Reported net loss for Q1 was $112.5 million, compared to net earnings of $68.6 million in 2017. In the U.S. and Canada, net revenues dropped by 19 percent to $364.3 million. International net revenues were down 17 percent to $287.9 million, while net revenues for the entertainment and licensing segment rose 21 percent to $64 million. 9 Story’s Luo Bao Bei Lands on Milkshake!
The show will launch as part of the preschool programming block on May 7. In the U.K., Luo Bao Bei’s father will be voiced by fashion expert, award-winning TV presenter and author Gok Wan. The series is penned by British writer Dave Ingham (Shaun the Sheep, Octonauts).
New Apparel Line Features Classic Nick Characters
The line includes short- and long-sleeve tees with oversized graphics featuring such classic animated characters as Reptar from Rugrats, Ren and Stimpy, and SpongeBob SquarePants. There are a variety of styles and colors for customers to choose from.
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TV Kids Weekly MIPTV: The Week in Kids TV Kids Guide 2017/2018
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Hasbro’s net revenues decreased 16 percent to $716.3 million in the first quarter due to the liquidation of Toys"R"Us in the U.S. and U.K. and uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.
9 Story Distribution International has licensed the animated kids’ series Luo Bao Bei to Channel 5’s Milkshake! in the U.K. 
Retailer FYE (for your entertainment) is releasing a new apparel collection that combines the active fashion brand Neff with artwork of popular Nickelodeon characters from the 1990s.
