Hasbro ends talks to buy DreamWorks
Saturday, November 15th, 2014 10:14AM CST
Category: Company NewsPosted by: Seibertron Views: 41,068
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Well that was quick! As soon as we got wind that Hasbro had expressed interest in buying DreamWorks on Thursday, it appeared as of yesterday (i.e. one day later), the deal has already gone kaput! In the world of Deal or No Deal ... NO DEAL!
Various reasons are the cause of the quick collapse of these talks. From a predictably negative reaction from Disney, to Wall Street analysts who deemed the $35 a share asking price from Dreamworks too steep, to Hasbro shares losing 4% on Thursday and an additional 2% on Friday. Perhaps there are some additional reasons, but the bottom line is that this deal won't be happening in this reality. You can check out the full articles about the demise of the Hasbro/DreamWorks via HollywoodReporter.com and NYtimes.com.
Discuss your thoughts about this topic on our forums by clicking here.
Various reasons are the cause of the quick collapse of these talks. From a predictably negative reaction from Disney, to Wall Street analysts who deemed the $35 a share asking price from Dreamworks too steep, to Hasbro shares losing 4% on Thursday and an additional 2% on Friday. Perhaps there are some additional reasons, but the bottom line is that this deal won't be happening in this reality. You can check out the full articles about the demise of the Hasbro/DreamWorks via HollywoodReporter.com and NYtimes.com.
Discuss your thoughts about this topic on our forums by clicking here.
Credit(s): NicholasPrime, NY Times
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Re: Hasbro ends talks to buy DreamWorks (1622215)
Posted by Nemesis Maximo on November 15th, 2014 @ 10:58am CST
Posted by Nemesis Maximo on November 15th, 2014 @ 10:58am CST
Kind of a bummer, but I guess the status quo is the same, so it's not like it's a defeat. Maybe.
Still, it could have been cool to see what kind pf animated TF series that partnership may have produced. Maybe in a different life...
Still, it could have been cool to see what kind pf animated TF series that partnership may have produced. Maybe in a different life...
Re: Hasbro ends talks to buy DreamWorks (1622251)
Posted by spiderbob007 on November 15th, 2014 @ 12:12pm CST
Posted by spiderbob007 on November 15th, 2014 @ 12:12pm CST
My first thought was, why would Hasbro want to merge with a failing company and put the CEO of the failing company, Jeffrey Katzenberg, in charge?
My suspicion is that Hasbro is really courting Disney, and their merger talks with DreamWorks and Softbank were to make their intended suitor jealous. I have read that Disney has 30% of Hasbro's business in toys; which includes Star Wars, Marvel, Disney Junior and Disney Princess. A merger between the two is probably inevitable, its just a matter of when and under what circumstances. If Hasbro can show that they are a desirable partner to competing companies, they can negotiate a better deal with Disney.
If they do merge, we can also get a collection of Marvel era Transformers comics with issue 3, featuring Spider-Man.
My suspicion is that Hasbro is really courting Disney, and their merger talks with DreamWorks and Softbank were to make their intended suitor jealous. I have read that Disney has 30% of Hasbro's business in toys; which includes Star Wars, Marvel, Disney Junior and Disney Princess. A merger between the two is probably inevitable, its just a matter of when and under what circumstances. If Hasbro can show that they are a desirable partner to competing companies, they can negotiate a better deal with Disney.
If they do merge, we can also get a collection of Marvel era Transformers comics with issue 3, featuring Spider-Man.
Re: Hasbro ends talks to buy DreamWorks (1622252)
Posted by Railbomb on November 15th, 2014 @ 12:15pm CST
The current IDW reprints include all issues of the original Marvel series including issue 3 with Spider Man and all the issues with Circuit Breaker.
Posted by Railbomb on November 15th, 2014 @ 12:15pm CST
spiderbob007 wrote:My first thought was, why would Hasbro want to merge with a failing company and put the CEO of the failing company, Jeffrey Katzenberg, in charge?
My suspicion is that Hasbro is really courting Disney, and their merger talks with DreamWorks and Softbank were to make their intended suitor jealous. I have read that Disney has 30% of Hasbro's business in toys; which includes Star Wars, Marvel, Disney Junior and Disney Princess. A merger between the two is probably inevitable, its just a matter of when and under what circumstances. If Hasbro can show that they are a desirable partner to competing companies, they can negotiate a better deal with Disney.
If they do merge, we can also get a collection of Marvel era Transformers comics with issue 3, featuring Spider-Man.
The current IDW reprints include all issues of the original Marvel series including issue 3 with Spider Man and all the issues with Circuit Breaker.
Re: Hasbro ends talks to buy DreamWorks (1622254)
Posted by Sabrblade on November 15th, 2014 @ 12:18pm CST
Posted by Sabrblade on November 15th, 2014 @ 12:18pm CST
We already got that from IDW.spiderbob007 wrote:If they do merge, we can also get a collection of Marvel era Transformers comics with issue 3, featuring Spider-Man.
Re: Hasbro ends talks to buy DreamWorks (1622255)
Posted by spiderbob007 on November 15th, 2014 @ 12:21pm CST
Posted by spiderbob007 on November 15th, 2014 @ 12:21pm CST
I stand corrected.
Re: Hasbro ends talks to buy DreamWorks (1622269)
Posted by Seibertron on November 15th, 2014 @ 12:45pm CST
We already got that finally a few years ago with a proper reprint of #3 with Spider-Man: http://www.amazon.com/Transformers-Clas?tag=seibertron07-20& ... sics+vol+1
Posted by Seibertron on November 15th, 2014 @ 12:45pm CST
spiderbob007 wrote:If they do merge, we can also get a collection of Marvel era Transformers comics with issue 3, featuring Spider-Man.
We already got that finally a few years ago with a proper reprint of #3 with Spider-Man: http://www.amazon.com/Transformers-Clas?tag=seibertron07-20& ... sics+vol+1
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