Lionsgate Acquires Entertainment One and Monopoly Rights in $375 Million Deal
In recent news, Lionsgate has made headlines with its acquisition of Entertainment One from Hasbro, a deal worth a staggering $375 million. This acquisition has added an impressive collection of 6,500 film and television shows to Lionsgate’s catalog, expanding its reach in the entertainment industry. Notably, the acquisition also includes the film and TV rights to the iconic Monopoly brand, which is expected to generate significant interest in the near future.
The transaction between Lionsgate and Hasbro comes as no surprise, as both companies have a history of successful collaborations. The deal will allow Lionsgate to further diversify its content offerings and capitalize on the growing popularity of board game adaptations on the big screen. With the remarkable success of Barbie, Jumanji, Clue, and Battleship, Monopoly is poised to become another noteworthy addition to this list.
Commenting on the acquisition, Lionsgate’s CEO stated, We are thrilled to welcome Entertainment One and the Monopoly brand into the Lionsgate family. This deal not only expands our extensive catalog but also opens up exciting opportunities for future creative projects. We are eager to explore the potential of bringing the iconic game of Monopoly to life through captivating storytelling.
The news surrounding Lionsgate’s acquisition is undoubtedly captivating, but it is not the only noteworthy event this week. As the year comes to a close, social media has been abuzz with humorous tweets that have had people laughing out loud. Some of the funniest tweets centered around heartwarming sisterly love during the Christmas season, a White Elephant gift idea that sounded absolutely delicious when steamed with butter, and even the ongoing debate about the existence of the cilantro gene. These tweets have brought joy and laughter to many, serving as a reminder of the positive and lighthearted moments in our lives.
As we bid farewell to another eventful week, it is clear that the world of entertainment continues to evolve and surprise us. Lionsgate’s acquisition of Entertainment One and the Monopoly brand paves the way for exciting possibilities in the world of film and television. Meanwhile, social media keeps us entertained with its endless stream of humorous tweets that uplift our spirits. Regardless of the news, one thing remains certain – laughter is truly the best medicine, particularly during these unprecedented times.
In summary, Lionsgate’s acquisition of Entertainment One and the Monopoly rights has caught the attention of entertainment enthusiasts worldwide. The $375 million deal not only expands Lionsgate’s catalog but also opens doors to new creative ventures. Additionally, the abundance of funny and heartwarming tweets circulating this week has provided a much-needed respite from the chaos of the world. As we look forward to the upcoming year, there is hope for continued growth and laughter in the world of entertainment.
