* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 17, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Hasbro CEO: “We’re going all in on becoming a digital play company”

July 27, 2024
in Entertainment
Hasbro CEO: “We’re going all in on becoming a digital play company”
Share on FacebookShare on Twitter

“Our goal is to be shipping one to two new games per year starting as early as late 2025, potentially early 2026,” Chris Cocks says

As part of Hasbro’s Q2 financial results, CEO Chris Cocks has expressed the company’s commitment to focus on “digital play,” mentioning a $125 million capital envelope for video games, and one to two new releases yearly from late 2025/early 2026.

In the Q&A portion of Hasbro’s earnings call (as transcribed by Seeking Alpha), Cocks noted that the recent appointment of John Hight as president of Wizards of the Coast and Digital Gaming, as well as an increasing number of execs with video games background to the company’s board, is in line with the company’s strategy.

He mentioned the aim to expand some of its “mid-core and hard-core brands” and “digitise” them.

Cocks said that Hasbro’s “capital envelope” is about $250 million a year, and that “about half of that” is going into digital games.

“We think that’s roughly around a steady state for us,” he continued. “Our goal is to be shipping one to two new games per year starting as early as late 2025, potentially early 2026.”

Cocks added that, looking at the company’s full line-up of licensed titles, Hasbro has 150 projects that are either out or in development.

He commented: “I think between our board moves and between talent that we brought on board, most recently with John, but even before that, studio leaders we have like Ames Kirshen, who was in charge of Batman Arkham series of Warner Bros, James Ohlen, who was the head of creative design at BioWare, responsible for the first Baldur’s Gate, Neverwinter Nights, Mass Effect. We’re going all in on becoming a digital play company.”

Looking at Hasbro’s Q2 numbers, revenue in the Wizards of the Coast & Digital Gaming segment was up 20% year-on-year, in stark contrast with declines in other verticals at the company. Consumer Products was down 20% and Entertainment was down 90% year-on-year as Hasbro sold its eOne film and TV segment to Lionsgate.

For the first half of 2024, Wizards of the Coast & Digital Gaming’s revenue was up 20% year-on-year.

The success of the segment was, in part, attributed to Scopely’s Monopoly Go, which has now grossed over $3 billion in revenue, making Hasbro the “top licensor of video games over the past year according to Aldora,” Cocks said.

The continued success of Baldur’s Gate 3 was also mentioned as a contributing factor to the segment’s good quarter.

“As we look at the business of play, it’s clear that digital is here to stay and a bigger factor than ever in how successful toy and game companies will grow and strengthen their brands,” Cocks said. “We’re years ahead of our peers, having already spent hundreds of millions of dollars building out our own studio capacity and expanding our brands through digital partnerships. Games like Baldur’s Gate 3 show us what the future looks like.”

Hasbro announced it would be laying off 1,100 employees in December 2023, following a first round of redundancies which saw 800 peope losing their jobs.

We talked to Hasbro head of digital product development Dan Ayoub in April, about the firm’s $1 billion bet on internal game development.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Game Industry – https://www.gamesindustry.biz/hasbro-ceo-were-going-all-in-on-becoming-a-digital-play-company

Tags: entertainmentHasbroWe're
Previous Post

All the chip companies getting billions in U.S. subsidies (so far)

Next Post

Steam demo overhaul includes standalone store pages, user reviews and wishlist notifications

Ask the Developer Vol. 19: Donkey Kong Bananza — Part 2 – Nintendo

Inside Donkey Kong Bananza: Developer Insights Vol. 19 – Part 2

July 17, 2025
2025 British Open tee times, pairings: Complete schedule, groupings for Round 1 on Thursday at Royal Portrush – CBS Sports

2025 British Open tee times, pairings: Complete schedule, groupings for Round 1 on Thursday at Royal Portrush – CBS Sports

July 17, 2025
Rabbi Yonatan Neril: Founder of Israel’s interfaith NGO linking religion and ecology – The Jerusalem Post

Rabbi Yonatan Neril: Founder of Israel’s interfaith NGO linking religion and ecology – The Jerusalem Post

July 17, 2025
‘Aurora,’ new super computer at Argonne National Lab to help solve science’s biggest problems – FOX 32 Chicago

‘Aurora,’ new super computer at Argonne National Lab to help solve science’s biggest problems – FOX 32 Chicago

July 17, 2025
Israel and US to forge $200m tech hub for AI and quantum science development – The Times of Israel

Israel and US Unite to Launch $200M Tech Hub Driving AI and Quantum Science Breakthroughs

July 17, 2025
AC Milan and PUMA Golf Tee Off with a Lifestyle-Driven Capsule Collection – stupidDOPE

AC Milan and PUMA Golf Tee Off with a Lifestyle-Driven Capsule Collection – stupidDOPE

July 16, 2025
Donald Trump reaps $50bn tariff haul as world ‘chickens out’ – Financial Times

Donald Trump reaps $50bn tariff haul as world ‘chickens out’ – Financial Times

July 16, 2025
China GDP: Economic growth beats expectations as Trump tariffs loom – BBC

China’s Economy Soars Past Expectations Despite Threat of Trump Tariffs

July 16, 2025
Iconic ’90s Singer’s Latest Announcement Is an Early Invite to ‘Rock Around the Christmas Tree’ – Yahoo

Iconic ’90s Singer Scores Early Invite to Rock Around the Christmas Tree Celebration

July 16, 2025
Subcommittee on Health Holds Hearing on Preserving Access to Timely and Affordable Care – House.gov

Subcommittee on Health Holds Hearing to Protect Timely and Affordable Care Access

July 16, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (724)
  • Economy (747)
  • Entertainment (21,633)
  • General (15,937)
  • Health (9,785)
  • Lifestyle (755)
  • News (22,149)
  • People (749)
  • Politics (758)
  • Science (15,965)
  • Sports (21,246)
  • Technology (15,730)
  • World (731)

Recent News

Ask the Developer Vol. 19: Donkey Kong Bananza — Part 2 – Nintendo

Inside Donkey Kong Bananza: Developer Insights Vol. 19 – Part 2

July 17, 2025
2025 British Open tee times, pairings: Complete schedule, groupings for Round 1 on Thursday at Royal Portrush – CBS Sports

2025 British Open tee times, pairings: Complete schedule, groupings for Round 1 on Thursday at Royal Portrush – CBS Sports

July 17, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version