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Hasbro Reports First Quarter 2018 Financial Results

Transformers News: Hasbro Reports First Quarter 2018 Financial Results
Date: Monday, April 23rd 2018 7:59am CDT
Categories: Press Releases, Company News
Posted by: Va'al | Credit(s): Hasbro

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We received from Hasbro their report for the first quarter of 2018, regarding the company's faring during the Toys R Us troubles, and everything else taking place since the start of this financial year. The full text of the release can be found below, but if you're also interested in additional numbers, you can take a look here.

  • First quarter 2018 revenues decreased to $716.3 million due to the liquidation of Toys“R”Us and retail inventory overhang, primarily in Europe;
  • Reported net loss of $112.5 million or $0.90 per diluted share, includes after-tax expenses of $61.4 million associated with Toys“R”Us; $15.7 million of severance costs associated with an acceleration of the Company’s ongoing commercial organization transformation; and a net charge of $47.8 million related to U.S. tax reform (the “Non-GAAP Adjustments”);
  • Adjusted net earnings of $12.4 million or $0.10 per diluted share;
  • Ended the quarter with $1.6 billion in cash and returned $109.6 million to shareholders; $70.8 million in dividends and $38.8 million in share repurchases.

PAWTUCKET, R.I.--(BUSINESS WIRE)--Apr. 23, 2018-- Hasbro, Inc. (NASDAQ: HAS) today reported financial results for the first quarter 2018. Net revenues for the first quarter 2018 decreased 16% to $716.3 million versus $849.7 million in 2017. The decrease in revenues is the result of the liquidation of Toys“R”Us in the U.S. and U.K., along with uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.

Net loss for the first quarter 2018 was $112.5 million, or $0.90 per diluted share, compared to net earnings of $68.6 million, or $0.54 per diluted share, in 2017. Excluding the Non-GAAP Adjustments noted above, adjusted net earnings for the quarter were $12.4 million or $0.10 per diluted share. The first quarter 2018 was a 13-week period versus the first quarter 2017 which was a 14-week period.

“The Hasbro teams executed extremely well during a challenging first quarter,” said Brian Goldner, Hasbro’s chairman and chief executive officer. “Hasbro brands are resonating with consumers and consumer takeaway is positive. However, as we discussed earlier in the year, our first quarter was expected to be difficult. We are working to put the near-term disruption from Toys“R”Us behind us. Our global retailers view this as an opportunity in a key consumer category and are partnering with Hasbro to develop growth plans for our brands. New Hasbro initiatives shipping in this quarter and beyond won’t be caught up in the Toys“R”Us liquidation process. With the rapid shift to a converged retail environment, we accelerated plans we originally had spread throughout the year to transform our commercial organization on a more immediate basis.”

“Our underlying financial strength is sound, and despite the near-term challenges associated with a major customer liquidation, Hasbro is positioned to manage a challenging 2018 and drive growth in 2019 and beyond,” said Deborah Thomas, Hasbro’s chief financial officer. “The quarter’s revenue and profits were negatively impacted by lower revenues and higher expenses associated with events that do not reflect the health of our underlying business. We remain on track to meet our goal of generating $600 to $700 million in operating cash flow this year while investing to build our brands, transform our organization and return cash to shareholders.”

First Quarter 2018 Major Segment Performance



Net Revenues
($ Millions)


Operating Profit (Loss)
($ Millions)


Adjusted Operating
Profit (Loss) ($M)
Q1 2018 Q1 2017 % Change Q1 2018 Q1 2017 Q1 2018
U.S. and Canada $364.3 $451.6 -19% $(23.4) $64.8 $28.9
International $287.9 $345.3 -17% $(56.1) $0.5 $(44.9)
Entertainment and Licensing $64.0 $52.7 +21% $13.9 $11.3 $13.9


First quarter 2018 U.S. and Canada segment net revenues decreased 19% to $364.3 million compared to $451.6 million in 2017. The segment reported an operating loss of $23.4 million compared to an operating profit of $64.8 million in 2017. The segment’s first quarter performance reflected the Toys“R”Us liquidation both in lower revenues and $52.3 million of pre-tax expenses, primarily bad debt.

First quarter 2018 International segment net revenues were $287.9 million compared to $345.3 million in 2017. Revenues in the segment were negatively impacted by efforts to clear excess inventory in Europe, as well as the Toys“R”Us U.K. liquidation and uncertainty in its other international operations. International segment revenues include a favorable $19.5 million impact of foreign exchange. On a regional basis, Europe net revenues decreased 28%, Latin America increased 2% and Asia Pacific increased 3%. Emerging markets net revenues decreased 5% in the quarter. The International segment reported an operating loss of $56.1 million compared to an operating profit of $0.5 million in 2017. The decline in operating profit reflects lower revenues and includes $11.2 million of pre-tax expense associated with Toys“R”Us.

Entertainment and Licensing segment net revenues increased 21% to $64.0 million compared to $52.7 million in 2017. Operating profit increased 23% to $13.9 million, or 21.7% of net revenues, compared to $11.3 million, or 21.5% of net revenues, in 2017. Revenue growth was driven by consumer products and digital gaming. During the quarter, the Company adopted ASC 606 Revenue from Contracts with Customers which favorably impacted the timing of revenue recognition in the quarter.

Additional pre-tax expense of $7.0 million associated with Toys“R”Us and $17.3 million from accelerating the commercial organization transformation are included in the Corporate and Eliminations segment.

First Quarter 2018 Brand Portfolio Performance

Net Revenues ($ Millions)
Q1 2018 Q1 2017 % Change
Franchise Brands $361.7 $449.2 -19%
Partner Brands $200.6 $213.0 -6%
Hasbro Gaming* $105.2 $135.8 -22%
Emerging Brands $48.8 $51.8 -6%

*Hasbro’s total gaming category, including all gaming revenue, most notably MAGIC: THE GATHERING and MONOPOLY, which are included in Franchise Brands in the table above, totaled $203.5 million for the first quarter 2018, down 20%, versus $253.3 million for the first quarter 2017. Hasbro believes its gaming portfolio is a competitive differentiator and views it in its entirety.

First quarter 2018 revenues were negatively impacted across all Brand Portfolio categories by the liquidation of Toys“R”Us in the U.S. and U.K., along with uncertainty in its other operations, as well as retail inventory overhang, primarily in Europe.

First quarter 2018 Franchise Brand revenues decreased 19% to $361.7 million. Growth in MONOPOLY was offset by declines in all other Franchise Brands in the quarter. Franchise Brand revenues grew in the Entertainment and Licensing segment and declined in the U.S. and Canada and International segments.

Partner Brand revenues declined 6% to $200.6 million. Revenue growth in MARVEL and BEYBLADE was more than offset by declines in other Partner Brands. Partner Brand revenues increased slightly in the U.S. and Canada segment, but declined in the International segment.

Hasbro Gaming revenue decreased 22% to $105.2 million. Revenue gains in DUNGEONS AND DRAGONS, JENGA and several new game launches were offset by declines in other properties. Hasbro’s total gaming category was down 20% to $203.5 million. Hasbro Gaming revenues declined in all three major operating segments.

Emerging Brands revenue declined 6% to $48.8 million. Revenue increases from STRETCH ARMSTRONG and LITTLEST PET SHOP products were offset by declines in other Emerging Brands. Emerging Brands revenues grew in the Entertainment and Licensing segment and declined in the U.S. and Canada and International segments.

Dividend and Share Repurchase

The Company paid $70.8 million in cash dividends to shareholders during the first quarter 2018. The next quarterly cash dividend payment of $0.63 per common share is scheduled for May 15, 2018 to shareholders of record at the close of business on May 1, 2018.

During the first quarter, Hasbro repurchased 427.1 thousand shares of common stock at a total cost of $38.8 million and an average price of $90.81 per share. At quarter-end, $139.2 million remained available in the current share repurchase authorization.

Non-GAAP Adjustments

During the first quarter, the Company recorded lower revenues in part due to the loss of revenues from Toys“R”Us in the U.S. and Europe, as a result of the related liquidations as well as uncertainty in the other Toys“R”Us operations. In association with this, the Company recorded after-tax expenses of $61.4 million, primarily bad debt.

Hasbro also recorded $15.7 million of after tax expense associated with accelerating its commercial organization transformation. Over the past several years, the Company has invested in developing an omni-channel retail presence, and in 2018 is bringing onboard new skill sets and talent to lead in today’s converged retail environment. These actions were initially planned to occur over time, commencing later this year. Given the current retail environment the Company chose to accelerate its actions.

In 2017, the Company recognized a provisional net charge of $296.5 million from the U.S. Tax Cuts and Jobs Act. Additional changes and guidance issued since year end resulted in a first quarter 2018 charge of $47.8 million, or $0.38 per diluted share. This charge is related to an increase in the Company’s repatriation tax liability and a reversal of tax benefits no longer permitted under the new guidance. The Company expects its full-year underlying tax rate to be at the high end of its previously projected range of 15% to 17%.

Conference Call Webcast

Hasbro will webcast its first quarter 2018 earnings conference call at 8:30 a.m. Eastern Time today. To listen to the live webcast and access the accompanying presentation slides, please go to http://investor.hasbro.com. The replay of the call will be available on Hasbro’s web site approximately 2 hours following completion of the call.

About Hasbro: Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the World's Best Play Experiences. From toys and games to television, movies, digital gaming and consumer products, Hasbro offers a variety of ways for audiences to experience its iconic brands, including NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE and MAGIC: THE GATHERING, as well as premier partner brands. Through its entertainment labels, Allspark Pictures and Allspark Animation, the Company is building its brands globally through great storytelling and content on all screens. Hasbro is committed to making the world a better place for children and their families through corporate social responsibility and philanthropy. Hasbro ranked No. 1 on the 2017 100 Best Corporate Citizens list by CR Magazine, and has been named one of the World’s Most Ethical Companies® by Ethisphere Institute for the past seven years. Learn more at www.hasbro.com, and follow us on Twitter (@Hasbro & @HasbroNews) and Instagram (@Hasbro).

© 2018 Hasbro, Inc. All Rights Reserved.

Certain statements in this release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include expectations concerning the Company’s potential performance in the future and the Company’s ability to achieve its financial and business goals and may be identified by the use of forward-looking words or phrases. The Company's actual actions or results may differ materially from those expected or anticipated in the forward-looking statements due to both known and unknown risks and uncertainties. Specific factors that might cause such a difference include, but are not limited to: (i) the Company's ability to design, develop, produce, manufacture, source and ship products on a timely and cost-effective basis, as well as interest in and purchase of those products by retail customers and consumers in quantities and at prices that will be sufficient to recover the Company’s costs and earn a profit; (ii) downturns in economic conditions impacting one or more of the markets in which the Company sells products, such as the economic downturns which impacted the United Kingdom and Brazil in 2017, which can negatively impact the Company’s retail customers and consumers, and which can result in lower employment levels, lower consumer disposable income, lower retailer inventories and lower spending, including lower spending on purchases of the Company’s products; (iii) other factors which can lower discretionary consumer spending, such as higher costs for fuel and food, drops in the value of homes or other consumer assets, and high levels of consumer debt; (iv) consumer interest in entertainment properties, such as motion pictures, for which the Company is developing and marketing products, and the ability to drive sales of products associated with such entertainment properties, (v) potential difficulties or delays the Company may experience in implementing cost savings and efficiency enhancing initiatives; (vi) other economic and public health conditions or regulatory changes in the markets in which the Company and its customers and suppliers operate which could create delays or increase the Company’s costs, such as higher commodity prices, labor costs or transportation costs, or outbreaks of disease; (vii) currency fluctuations, including movements in foreign exchange rates, which can lower the Company’s net revenues and earnings, and significantly impact the Company’s costs; (viii) the concentration of the Company's customers, potentially increasing the negative impact to the Company of difficulties experienced by any of the Company’s customers or changes in their purchasing or selling patterns; (ix) consumer interest in and acceptance of the Discovery Family Channel, and programming created by Hasbro Studios, and other factors impacting the financial performance of the network and Hasbro Studios; (x) the inventory policies of the Company’s retail customers, including retailers’ potential decisions to lower their inventories, even if it results in lost sales, as well as the concentration of the Company's revenues in the second half and fourth quarter of the year, which coupled with reliance by retailers on quick response inventory management techniques increases the risk of underproduction of popular items, overproduction of less popular items and failure to achieve compressed shipping schedules; (xi) delays, increased costs or difficulties associated with any of our or our partners’ planned digital applications or media initiatives; (xii) work disruptions, which may impact the Company's ability to manufacture or deliver product in a timely and cost-effective manner; (xiii) the bankruptcy or other lack of success of one of the Company's significant retailers, such as the bankruptcy of Toys“R”Us in the United States and Canada in the fourth quarter of 2017 and the beginning of liquidation of those businesses, as well as economic difficulty of Toys“R”Us in other markets, which could negatively impact the Company's revenues or bad debt exposure; (xiv) the impact of competition on revenues, margins and other aspects of the Company's business, including the ability to offer Company products which consumers choose to buy instead of competitive products, the ability to secure, maintain and renew popular licenses and the ability to attract and retain talented employees; (xv) concentration of manufacturing for many of the Company’s products in the People’s Republic of China and the associated impact to the Company of social, economic or public health conditions and other factors affecting China, the movement of products into and out of China, the cost of producing products in China and exporting them to other countries, including without limitation, the potential application of tariffs to products the Company purchases from vendors in China, which would significantly increase the price of the Company’s products and harm sales; (xvi) the risk of product recalls or product liability suits and costs associated with product safety regulations; (xvii) the impact of other market conditions, third party actions or approvals and competition which could reduce demand for the Company’s products or delay or increase the cost of implementation of the Company's programs or alter the Company's actions and reduce actual results; (xviii) changes in tax laws or regulations, or the interpretation and application of such laws and regulations, such as what may occur as the U.S. Tax Cuts and Jobs Act is interpreted and applied, which may cause the Company to alter tax reserves or make other changes which significantly impact its reported financial results; (xix) the impact of litigation or arbitration decisions or settlement actions; and (xx) other risks and uncertainties as may be detailed from time to time in the Company's public announcements and Securities and Exchange Commission (“SEC”) filings. The Company undertakes no obligation to make any revisions to the forward-looking statements contained in this release or to update them to reflect events or circumstances occurring after the date of this release.

This press release includes non-GAAP financial measures as defined under SEC rules, specifically Adjusted net earnings and adjusted earnings per diluted share, excluding the impact of charges associated with the Toys“R”Us liquidation; severance costs and U.S. tax reform in the first quarter of 2018, as well as adjusted operating profit absent the impact of the charges associated with the Toys“R”Us liquidation and severance costs. Also included in the financial tables attached to this release are the non-GAAP financial measures of EBITDA and Adjusted EBITDA. EBITDA represents net earnings attributable to Hasbro, Inc. excluding interest expense, income taxes, depreciation and amortization. Adjusted EBITDA also excludes the impact of charges associated with the Toys“R”Us liquidation and severance costs in the first quarter of 2018. As required by SEC rules, we have provided reconciliation on the attached schedule of these measures to the most directly comparable GAAP measure. Management believes that Adjusted net earnings, Adjusted earnings per diluted share and adjusted operating profit absent the impact of charges associated with the Toys“R”Us liquidation and severance costs in the first quarter of 2018 provides investors with an understanding of the underlying performance of the Company’s business absent these unusual events. Management believes that EBITDA and Adjusted EBITDA are appropriate measures for evaluating the operating performance of the Company because they reflect the resources available for strategic opportunities including, among others, to invest in the business, strengthen the balance sheet and make strategic acquisitions. These non-GAAP measures should be considered in addition to, not as a substitute for, or superior to, net earnings or other measures of financial performance prepared in accordance with GAAP as more fully discussed in the Company's financial statements and filings with the SEC. As used herein, "GAAP" refers to accounting principles generally accepted in the United States of America.

HAS-E

Season 3 Transformers: Robots In Disguise First Episodes on Home Release in Australia

Transformers News: Season 3 Transformers: Robots In Disguise First Episodes on Home Release in Australia
Date: Monday, April 23rd 2018 3:50am CDT
Categories: Cartoon News, Digital Media News
Posted by: Va'al | Credit(s): JB Hifi

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Via online electronics retailer in Australia JB Hi-Fi, we have a listing that confirms the release of the third season of Transformers: Robots in Disguise - or at least, its first six episodes, collected in a single volume titled after the first two-parter, King of the Hill.

The DVD set is being released by Beyond Home Entertainment, the same company who has released the entire series so far in Australia (as opposed to Shout! Factory in the US, and Primal Screen in the UK)

Transformers: Robots In Disguise - King Of The Hill
Model: BHE7828
SKU: 603676

Bumblebee, still relaxing after the Autobots’ triumph over Starsceam, feels his team can tackle any issue that might come up… but the Bee Team unprepared when they face a Stunticon that proves more formidable and crafty than they anticipated!

Later, the Bee Team discovers a mysterious artefact that has a strange effect on Cybertronian minds, turning the bots against one another! Can the Bee Team get it together in time to keep obsessed treasure-­‐hunter Springload from accidentally destroying Crown City?

Episodes:

King Of The Hill - Part 1
King Of The Hill - Part 2
Defrosted
Blurred
Sphere Of Influence
Bee Cool


Transformers News: Season 3 Transformers: Robots In Disguise First Episodes on Home Release in Australia

Transformers News: Season 3 Transformers: Robots In Disguise First Episodes on Home Release in Australia

Smyth's Toys Buys Every Toys R Us Store in Germany, Austria and Switzerland

Transformers News: Smyth's Toys Buys Every Toys R Us Store in Germany, Austria and Switzerland
Date: Sunday, April 22nd 2018 11:29pm CDT
Category: Company News
Posted by: william-james88 | Credit(s): Reuters

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NEW! Views: 1,905

Here's a fun fact. Did you know that there were 93 Toysrus stores in Germany, Austria and Switzerland combined? That's quite a bit of stores for such a small landmass. Other fun fact, all these toys are now owned by Ireland's very own toy chain Smyth's Toys. That's right, the family owned chain which only had 110 stores yesterday will now add these 93 to their tally of owned stores. They also inherit 4 Toysrus websites and will take on all current staff and management.

This is great news since that means it is business as usual for fans, and more importantly Toysrus employees, in Germany, Austria and Switzerland. It also brings Toysrus back to its routes of being a family entreprise.

Here is what Smyth's Toys co-founder Tony Smyth said about the deal: “We are convinced that multi-channel toy retailing will develop positively and that we can successfully introduce and expand our brand in Europe.”

This news was reported by Reuters and sent our way thanks westjames/notirish.

Transformers News: Re: The Toys R Us Troubles Thread

Portion of new Poster for Machinima Transformers Power of the Primes Animated Series Revealed

Transformers News: Portion of new Poster for Machinima Transformers Power of the Primes Animated Series Revealed
Date: Sunday, April 22nd 2018 10:53pm CDT
Category: Cartoon News
Posted by: Bronzewolf | Credit(s): Machinima Instagram

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NEW! Views: 3,242

The third and final installment of Machinima's Prime Wars Trilogy of cartoons, Power of the Primes. is just a few short days away. Meaning, of course, we're seeing more and more promotional material across the internet for it. Today's no different as we have (at least part of) a new poster for the series from over on the Machinima Instagram page. The poster is being, well, posted regularly in increments, meaning we've only seen a few sections of it, but the rest will probably be revealed by the premiere date.
Even though we've only seen a fraction of the poster, it still offers some exciting new glimpses into the show we haven't seen before, showing off our first look at the Dinobots and Predaking! Check out the pieces of the poster we have currently, and then check back when the series premieres for our official review!
Transformers News: Re: Machinima Transformers POTP Animated Series Discussion Thread

IDW Lost Light Writer James Roberts to Take Break from Transformers

Transformers News: IDW Lost Light Writer James Roberts to Take Break from Transformers
Date: Sunday, April 22nd 2018 10:14am CDT
Categories: Comic Book News, People News
Posted by: Va'al | Credit(s): James Roberts

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Views: 4,842

We know that the current IDW Publishing Transformers universe (including the various Hasbro branches now part of the same narrative world) will be coming to an end as of Unicron: Darkest Hour #6 - which will coincide with the conclusion of both current ongoing series Optimus Prime and Lost Light, too. The writer of the latter, James Roberts, part of the current identity of the IDW Transformersverse (Phase 2, in any case) with John Barber and Mairghread Scott, has casually thrown out on his Twitter account that his stay with Transformers will also be taking a break, as there are no plans as of yet to be involved with the reboot.

Several fans have been following Roberts' work thus far, and appreciated what More Than Meets the Eye and Lost Light have done for the Transformers franchise, and after also losing (as far as we know) Mairghread Scott, this is a fairly big factor going forward after September. Join the discussion in the Energon Pub, and let us know your thoughts on the news!

Haha! This has never happened before: “Are you the Transformers guy?” in the local Waitrose. Not for much longer, mate.

Me and Transformers are taking a break after LL#25.


Transformers News: IDW Lost Light Writer James Roberts to Take Break from Transformers

New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown
Date: Sunday, April 22nd 2018 9:52am CDT
Categories: Movie Related News, Toy News
Posted by: Va'al | Credit(s): weibo tf-factory

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Views: 11,334

Thanks to regular source of news from Weibo, the user tf-factory or 淘宝店变形金刚改造工厂, and via a notification from fellow Seibertronian westjames/notirish, we have some stock product images of the second wave of the Hasbro and Takara Tomy Transformers Studio Series line, featuring a Decepticon heavy line-up with Megatron, Brawl, Lockdown squaring off alongside Autobot Jazz.

You can check out all of the images below, which include looks at the backdrops, accessories, shots of both robot and vehicle modes with sizes (for the most part), and a couple of comparisons between the actual figure and the art of the character that they are intended to bring to life in plastic form. Give them all a look, and let us know what you think of them in the Energon Pub discussion boards!

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

Transformers News: New Images of Transformers Studio Series Jazz, Megatron, Brawl, Lockdown

IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing
Date: Sunday, April 22nd 2018 3:38am CDT
Category: Comic Book News
Posted by: Va'al | Credit(s): Weibo, Taobao

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Views: 4,418

Found on Weibo, and courtesy of user 强值装甲玩具铺, we have news of a translation into Chinese of the IDW Publishing Beast Wars comics series - including The Gathering, The Ascending, and the Beast Wars Sourcebook, effectively translating the Omnibus version of the collection - at the hands of writer Simon Furman, artists Don Figueroa, Guido Guidi, Josh Burcham, assistant writer Ben Yee, and a slew of artists working on the Sourcebook.

The translation seems to be completed already, and can be purchased from Taobao - as this listing appears to also be the original source of the post - as distributed by DMan for 165 Yuan (approx 27 USD at the time of writing).

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

Transformers News: IDW Beast Wars Omnibus in Chinese Translation Listing

MP 08 Masterpiece Grimlock Possibly Getting Reissued Soon

Transformers News: MP 08 Masterpiece Grimlock Possibly Getting Reissued Soon
Date: Saturday, April 21st 2018 10:51pm CDT
Categories: Toy News, Rumors
Posted by: william-james88 | Credit(s): Samuel1230

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Views: 8,148

It seems Hasbro Asia is rereleasing Transformers masterpiece toys left right and centre. Not only are they reissuing MP 09 Rodimus Prime, but it looks like they will rerelease MP 08, Grimlock, as well. There is no confirmation yet, but there is a post on Weibo coming from Samuel 1230, a user regularly in the know of upcoming released. The post shows an image of the very same packaging of previous releases with the Takara box saying that they received an announcement of a reissue but that it needed further confirmation.

As with Rodimus, it is unknown if anyone outside Asia would stock this reissue. This could be great news to Chinese fans who do not own this toy yet (and to international fans too, if it becomes available to them). You can check out the extensive Seibertron gallery for this wonderful Grimlock toy. While it might not scale well with the current Masterpiece line, it is still the very best Grimlock toy we have ever gotten.

Transformers News: MP 08 Masterpiece Grimlock Possibly Getting Reissued Soon

How to Tell if your MPM-5 Barricade is a Knockoff, and What to Do Next

Transformers News: How to Tell if your MPM-5 Barricade is a Knockoff, and What to Do Next
Date: Saturday, April 21st 2018 8:56pm CDT
Categories: Movie Related News, Toy News, Knock Offs
Posted by: Qwan | Credit(s): zhaobinis1

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Views: 10,905

A lot of people recently have been getting burned with knockoff versions of the newest Movie Masterpiece Transformer on the market, MPM-5 Barricade. Buying highly-desired figures like this, especially on sites like eBay with individual sellers, can lead to a definite risk of ending up with a counterfeit version no matter how careful you may be.

To help you identify if your own copy of Barricade is a pretender to the Movie Masterpiece throne, Seibertronian zhaobinis1 has you covered with a couple identification tips - plus a guide on how best to refund your purchase through eBay if you did receive a fake! They recommend not shipping the figure back as it's technically illegal to ship counterfeit items like this.

Here is how you can do to get a refund without shipping back the KO figure:

1) When receive your figure, click return.
2) Fill in reason as "KO" or "not authentic".
3) Take pictures of your KO figure. There are 2 places you can easily see that are proves of KO. 3.1) The "POLICE" print was misprinted on the trunk while it should be on the spoiler. This could have been fixed but you will still see marks on trunk. 3.2) In the crotch there are 2 C shaped parts that you won't see the opening, while on official figures you will. Basically KO put these parts on the wrong direction.
4) Do not ship it back, as it is illegal to ship inauthentic items. Wait a few days and ask Ebay to step in (there is a button for it).
5) An Ebay employee will be assigned to your case and usually they will ask you to DESTROY the figure and sign something to prove you did it. Then they will refund you at sellers cost.

As a visual aid to zhaobinis1's descriptions, we also have an image from D-Maximal Primal showing the misprinted "POLICE" decal (and its clumsy reapplication to the spoiler):
Transformers News: How to Tell if your MPM-5 Barricade is a Knockoff, and What to Do Next

Best of luck to all you buyers out there - hopefully this guide can help keep you alert for counterfeits in your police-bot-acquiring efforts! And of course, our condolences to those who did receive a knockoff. If you have any thoughts or tips of your own to share, let us know in the Energon Pub forums. And as always, stay tuned to Seibertron.com for any more Transformers news and useful information!

New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit
Date: Saturday, April 21st 2018 8:28pm CDT
Categories: Toy News, Collectables
Posted by: WreckerJack | Credit(s): facebook.com

Discuss This Topic · Permanent Link
Views: 6,477

Thanks to Robot Kingdom's Facebook Page we now have some new images of Flame Toys Optimus Prime. We will post them below so you can have a look too. While this model kit does not transform is does pack over 40 points of articulation for great poseability. The post mentions that is made from ABS plastic which model fans should appreciate. This figure will be 15.5cm which is about 6 inches for those of us in the US. Also, according to the packaging this model has interchangeable hands as well as his ax and gun.These images are subject to change as the manufacturer approves the final process.


Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

Transformers News: New Pictures of Flame Toys Optimus Prime Model Kit

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39,324 total news articles in this section, 10 per page.

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Transformers Podcast: Twincast / Podcast #198 - A Night in the Studio
Twincast / Podcast #198:
"A Night in the Studio"
MP3 · iTunes · RSS · View · Discuss · Ask
Posted: Sunday, April 15th, 2018
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