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IDW Announces Strong Second Quarter Despite Net Losses

Transformers News: IDW Announces Strong Second Quarter Despite Net Losses
Date: Friday, June 19th 2020 1:41am CDT
Categories: Comic Book News, Press Releases, Company News, Book News
Posted by: Emerje | Credit(s): IDW press release

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Views: 18,401

It's no surprise 2020 hasn't be great for businesses. The comics and publishing industries have been hit especially hard between halted productions, shipping delays, and most retailers only just now starting to come out of quarantine. But despite all of that IDW has announced a strong second quarter to 2020 even with a net loss of $0.04 per share. Revenue dropped to $11.6 million in the second quarter from a first quarter high of $14.1 million, which is no doubt a large drop, but it's a considerable improvement over the 2019 year revenue of $7.8 million.

Much of their growth comes from live action properties like completing production on the first half of season four of Wynonna Earp and Netflix ordering a second season of Locke & Key. They also credit things like puzzles, board games, coloring books and new graphic novels. They were also able to soften the blow of the pandemic through things like Paycheck Protection Program loans amounting to $3.0 million for furloughed employees, the majority of which have returned to work. IDW was also able to do things like focus on "back catalog, digital sales, direct-to-consumer sales, foreign sales, and book market channels" to keep ahead. This is where Transformers would have had the most influence on their revenue despite few titles being mentioned directly in the report.

There's a lot more information at the link above and charts aplenty if you really want to go deep on the details. If you were ever concerned that IDW was in trouble then rest assured that they're doing just fine and more Transformers comics are on the way!

Transformers News: IDW Announces Strong Second Quarter Despite Net Losses

Hasbro Stands with the Black Community in a Transformers Themed Social Media Post

Transformers News: Hasbro Stands with the Black Community in a Transformers Themed Social Media Post
Date: Thursday, June 18th 2020 11:17am CDT
Category: Company News
Posted by: william-james88

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Views: 18,672

Hasbro has a new post on their official Transformers page on Facebook, in support of the Black community. It highlights their commitment to speaking out and standing in solidarity, which they initially posted earlier this month on their site.

Their post makes use of the most well known lines by Optimus Prime, "'Til all are one!" and "Freedom is the right of all sentient beings", the later which has been a part of the character since his original bio. Clicking any image below will bring you to the original post.

Transformers News: Hasbro Stands with the Black Community in a Transformers Themed Post on their Social Media

Transformers News: Hasbro Stands with the Black Community in a Transformers Themed Post on their Social Media

IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover
Date: Monday, May 25th 2020 11:56pm CDT
Categories: Comic Book News, People News, Company News
Posted by: william-james88 | Credit(s): Bleeding Cool and SYFY

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Views: 22,458

News on the comics front was a bit slow due to IDW and other big publishers choosing to postpone their release of new comics during part of the pandemic. Well, we got a lot of news all at once and some of it is pandemic related and quite sad. Quite a bit of the senior staff at IDW who were furloughed initially have now been laid off. This includes Managing Editor Denton Tipton, Associate Publisher David Hedgecock, Senior Graphic Artist Gilberto Lazcano, Senior Graphic Designer Christa Miesner and Brand & Marketing Manager Spencer Reeve.

On the Transformers side of things, we have some new art with Freddie Williams II's retail incentive cover for Transformers vs. The Terminator 4. You can see it below. It will be coming out June 24th. And you can discuss about that series here.

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Last but most certainly not least, we have Simon Furman discussing the first 4 pages of the upcoming Transformers '84: Secrets & Lies. This is set before Marvel's first issue of Transformers, and we have a nice shot of Jetfire working alongside his Decepticon brethren. The article comes to us from SYFY. This book is coming out in July and you can discuss that series here

The attack on Stanix is also referenced by Optimus Prime in Transformers ’84 #0, dovetailing the narratives somewhat. Ratbat made his U.S. comic book debut in TF US #27, which established his role (on Cybertron) as the Decepticons’ fuel auditor, and here he plays a bigger role in the unfolding events. By the way, Shockwave’s solution (on the following pages) provides another key twist to established/formative events in Transformers (Marvel) #1.”

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Transformers News: IDW Comics News Roundup with Layoffs Announced, Simon Furman Commentary and TF VS Terminator Cover

Current Pandemic Will Not be Affecting the Output of Transformers Toys in 2020

Transformers News: Current Pandemic Will Not be Affecting the Output of Transformers Toys in 2020
Date: Wednesday, April 29th 2020 10:26pm CDT
Categories: Toy News, Company News
Posted by: william-james88 | Credit(s): Hasbro

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Views: 25,461

Hasbro released their first quarter numbers for 2020 today and actually took the time to detail everything fans, and more importantly retailers and shareholders, could expect for the remainder of the year. Since they have so many different supply chains globally, they have found a way to organize themselves so that they would meet full-year product demand requirements, which includes being appropriately stocked for the holiday season.

They also detailed which facilities are most affected, and their Vietnam facility, where our Transformers toys are produced is not on that list. So, when it comes to Transformers being produced and stocked, it's business as usual, whatever that usual may be for you.

We will share the passages that explain that more below, for those interested, and you can read their entire earnings report, which is mostly about Play-Doh, here.



Supply chain positioned to meet full-year product demand requirements leveraging growing retailer
channels, including ecomm and omni-channel

Outside of China: Manufacturing and warehouse partners outside of China operated at close to normal levels during much of the first quarter. Beginning in mid-March and through today, these locations are operating at varying levels of productivity depending on local government and safety considerations, with some markets operating at lower than normal production levels and other facilities have been closed for a period of time. Currently closed facilities include manufacturing in Massachusetts, Texas and Ireland, primarily for games, as well as manufacturing locations in India.

The global Hasbro team is utilizing its diverse global supply chain to meet demand from open facilities, existing inventory and to rapidly make up lost production. The COVID-19 situation is very fluid and based on our understanding of local governments directions at this time, we expect closed facilities to reopen over the summer. We will be using our full complement of sourcing partners globally to ensure a quick recapture of any lost production on priority items.


Transformers News: Current Pandemic will Not be Affecting the Scheduled Release of Transformers Toys in 2020

Hasbro is Making Face Shields and Donating them to Hospitals in Massachusetts and Rhode Island

Transformers News: Hasbro is Making Face Shields and Donating them to Hospitals in Massachusetts and Rhode Island
Date: Sunday, April 26th 2020 11:03pm CDT
Category: Company News
Posted by: william-james88

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Views: 15,454

While there is a lot of talk and news about the current pandemic, the news that touched our hobby was mainly regarding events, and there was even worse news of Transformers AOE star Sophia Myles' father dying of the virus. Well, there is another news bit in this ven diagram and it is good news this time, which we wanted to share. Hasbro, the company responsible for our beloved Transformers franchise, will be contributing a major effort to the battle against COVID-19 by making face shields for hospital workers in Massachusetts and Rhode Island.

They are partnering with Cartamundi to produce 50,000 face shields per week (to make 250 000 total) for front line health care workers, and those masks will be produced in a facility in Massachusetts. So not only will there be more face shields available, but this will also be providing continued employment for the workers at that facility, who will be respecting all proper social distancing guidelines.

And the fact that these are donations means these states will not have to participate as much in the current bidding war states are having against eachother for this particular personal protective equipment, which has been a major strain on states' budgets.

"We are grateful for the opportunity to work together with our partners at Cartamundi to produce much-needed personal protective equipment (PPE), to directly assist the critical needs of front-line medical workers in our community," John Frascotti, president and COO of Hasbro, wrote in a statement.

This comes from an article published by CNN Business.

Transformers News: Hasbro is Making Face Shields and Donating them to Hospitals in Massachusetts and Rhode Island

Hasbro closes offices worldwide due to coronavirus threat

Transformers News: Hasbro closes offices worldwide due to coronavirus threat
Date: Saturday, March 14th 2020 4:55pm CDT
Category: Company News
Posted by: Seibertron | Credit(s): Providence Journal

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Views: 17,033

According to the Providence Journal, Hasbro has apparently shuttered its office doors worldwide out of concern for the Coronavirus threat. Here is the information available of Providence Journal's website in an article that addresses other companies around Providence such as CVS, Amica and others.

Hasbro closes offices worldwide due to coronavirus threat; other employers begin work-from-home

While toy and entertainment giant Hasbro is closing its offices in reaction to the coronavirus pandemic, other large employers in Rhode Island have instituted work-from-home for their employees.

Company spokeswoman Julie Duffy says Hasbro’s offices will be closed around the world until April 1 to protect employees from the coronavirus, which causes the disease COVID-19.

"At this time, no Hasbro employees have tested positive for COVID-19," Duffy said in an email to The Providence Journal on Friday. "We have made this decision in an abundance of caution and in the best interest of our employees and the communities in which we operate."


Transformers News: Hasbro closes offices worldwide due to coronavirus threat

Transformers News: Hasbro closes offices worldwide due to coronavirus threat

Hasbro Pulse Premium Livestreaming From Toyfair 2020 Tomorrow 2 / 22 at 1:30PM Eastern Time

Transformers News: Hasbro Pulse Premium Livestreaming From Toyfair 2020 Tomorrow 2 / 22 at 1:30PM Eastern Time
Date: Friday, February 21st 2020 10:31pm CST
Categories: Toy News, Event News, Press Releases, Company News, Collectables
Posted by: Stargrave | Credit(s): Hasbro Pulse

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Views: 25,014

Hasbro Pulse is going to be livestreaming from Toyfair 2020 tomorrow, 2/22/20 at 1:30PM Eastern time! This is only available to Pulse Premium members so if you want to sign up now is a great time. For $50.00/year it offers free standard continental U.S. shipping and other perks throughout the year (like early Toyfair reveals). You can head to Hasbro now by clicking HERE. Again, the Entertainment Brand Preview Event Powered by Hasbro Pulse will be livestreaming tomorrow for Hasbro Pulse Premium members through their Facebook page. Stay tuned to Seibertron for the ultimate in Transformers Toyfair news!

Transformers News: Hasbro Pulse Premium Livestreaming From Toyfair 2020 Tomorrow 2/22 at 1:30PM Eastern Time

Hasbro Pulse Extending Premium Membership For Subscribed Users As Part Of First Year Anniversary

Transformers News: Hasbro Pulse Extending Premium Membership For Subscribed Users As Part Of First Year Anniversary
Date: Thursday, February 13th 2020 2:09pm CST
Category: Company News
Posted by: ZeroWolf | Credit(s): TF-fan Kev777 from Seibertron

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Views: 10,511

Greetings Seibertronians! Fellow Seibertron user, TF-fan Kev777, has let us know that they've recieved an email from Hasbro Pulse, informing them that their subscription has been extended for 6 months as part of the celebration surrounding the launch of the Hasbro Pulse service.

More excitingly, was the indication that, as a perk of the service, the user would have early access to product drops including select new toy reveals as they were revealed at Toy Fair 2020 on February 22nd!

Transformers News: Hasbro Pulse Extending Premium Membership For Subscribed Users As Part Of First Year Anniversary

We do hope you join us for our coverage of Toy Fair 2020!

Are you subscribed to Hasbro Pulse's Premium service? Have you had this email? Let us know in the Energon Pub and stay tuned to Seibertron for all the latest news and reviews!

Takara Tomy Teases Transformers Display For Wonder Festival 2020

Transformers News: Takara Tomy Teases Transformers Display For Wonder Festival 2020
Date: Friday, February 7th 2020 4:30pm CST
Categories: Toy News, Company News
Posted by: ZeroWolf | Credit(s): Takara Tomy website

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Views: 24,264

Greetings Seibertronians! It's that time of year folks, as Wonder Festival 2020 [Winter] is set to kick off in Japan this weekend, and of course Takara Tomy will be there with some goodies to show off. According to a post on their website, one of these goodies will be a world first as they plan on unveiling the complete Studio Series Devesator! One can only assume that this will be made up of all the finalised toys unlike the last time we saw Devy in which case he was sporting a blue prototype of Overload, the last Leader Class Constructicon to be released.

Transformers News: Takara Tomy Teases Transformers Display For Wonder Festival 2020

As well as all the latest Studio Series releases, they are bringing with them Generations Earthrise and the latest Generations Selects toys.

To help promote Devesator, Takara Tomy are doing a twitter based giveaway where if you retweet their promotional tweet while attending the show, simple show your screen to one of the attendants to be given a free A5 sized file featuring Devesator on one side of it (while stocks last).

Here is the message from Takara Tomy's website, bearing in mind this has been machine translated:

Takara Tomy wrote: Wonder Festival 2020 Winter Takara Tomy Transformers Booth Information

At the Wonder Festival 2020 Winter Takara Tomy Transformers booth, which will be held at Makuhari Messe on Sunday, February 9th, 2020, the STUDIO series is currently launching an amazing eight-body union form, "Debatator", which is currently being launched in the STUDIO series. Will be unveiled for the first time in the world!

In addition, the latest products of the MASTERPIECE series, STUDIO series, EARTHRISE series, and GENERATIONSELECTS will be exhibited.

In addition, a Wonder Festival holding commemorative Twitter follow and retweet campaign is also implemented!

Please come by all means!

One festival information

Part 1: Debutator World's First Presentation

Transformers News: Takara Tomy Teases Transformers Display For Wonder Festival 2020

Devastator

Finally, the debatator that appeared in the movie “Transformers / Revenge” has been unveiled!

Moreover, the exhibition at the Wonder Festival venue will be the world's first.

Please come and see the overwhelming presence of the Deba Stator, which combines eight Constructive Constructs.

Part 2: Twitter campaign

Transformers News: Takara Tomy Teases Transformers Display For Wonder Festival 2020

Devastator

We carry Wonder Festival holding commemorative Twitter campaign! Follow and retweet the Transformers Official Twitter and show the screen at the booth and you will receive a double-sided design clear file (A5 size)!

* The number is limited. Designs are subject to change without notice.


It's also possible that FlameToys may have some more Officially licensed Transformers to show as well, since they are also in attendance.

Looking forward to the reveals? What do you think will be shown? Let us know in the Energon Pub and stay tuned to Seibertron for all the latest news and reviews!

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Transformers Podcast: Twincast / Podcast #253 - Danger Zone
Twincast / Podcast #253:
"Danger Zone"
MP3 · iTunes · RSS · View · Discuss · Ask
Posted: Sunday, June 21st, 2020

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