hasbro

Robots vs Rock Stars: UMG and Roland Share Guidelines for AI Music
Robots vs Rock Stars: UMG and Roland Share Guidelines for AI Music
March 23, 2024  |  Artificial Intelligence

The year is 2034, Taylor Swift hasn’t had work in years, and all our favorite songwriters are just algorithms. This is the future that Universal Music...

READ MORE >
Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
February 27, 2024  |  Retail

In a bid to navigate through tough times, Hasbro is sharpening its focus on cutting costs to revive its toy and game business. Despite a...

READ MORE >
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024  |  Retail

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle....

READ MORE >
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job...

READ MORE >
Hasbro Revamps Games for Cost Efficiency, Including Jenga 
Hasbro Revamps Games for Cost Efficiency, Including Jenga 
October 26, 2023  |  Retail

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending...

READ MORE >
Hasbro to Sell Film and TV Business for $500 Million
Hasbro to Sell Film and TV Business for $500 Million
August 03, 2023  |  Earnings

Hasbro is selling its film and TV business to re-center on toys and games. The company reached a definitive agreement to sell the film and...

READ MORE >
Hasbro Could Roll Dice on AI-Powered Dungeons & Dragons
Hasbro Could Roll Dice on AI-Powered Dungeons & Dragons
July 30, 2023  |  artificial intelligence

Would you play an AI-powered version of Dungeons & Dragons? That tabletop game’s publisher, Hasbro, is apparently getting deeper into artificial intelligence (AI) thanks to...

READ MORE >
Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
April 27, 2023  |  Retail

Hasbro is finding that demand for toys is down, while digital gaming remains strong. Overall, the branded entertainment company saw revenues decline 14% year over...

READ MORE >
Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
February 16, 2023  |  Retail

The largest U.S. toy and game maker said it expects lingering impacts from inflation to dampen consumer spending for most of the year but is...

READ MORE >