Hasbro Studios (2009–2019) Hasbro Studios was founded in 2009 for TV development, production and distribution, with Stephen J. Davis as president. On October 10, 2010, Hasbro Studios and
Discovery Communications relaunched the channel formerly known as
Discovery Kids as
The Hub (Now known as Discovery Family). On November 9, 2010, Hasbro Studios signed an agreement with Canadian media company
Corus Entertainment to broadcast their productions on
YTV and
Teletoon. On October 6, 2011, Hasbro Studios signed an agreement with seven US and international airlines, such as
Continental Airlines and
Qantas, to broadcast shows on their planes. In March 2012, the studio started venturing into foreign co-productions starting with
Play-Doh (DoPei Le Doh), mixed animation and live action series with Toonmax, part of the
Shanghai Media Group. In December 2012, Hasbro transferred all entertainment divisions to Hasbro Studios, including their Los Angeles–based film group, and Cake Mix Studio, the company's Rhode Island–based producer of commercials and short form content. In August 2014, Josh Feldman was appointed as head of development for Hasbro Studios, as he will oversee live-action and TV series. On October 20, the studio announced the new film finance production label Allspark Pictures. Hasbro Studios released its first non-soundtrack album,
Truly Outrageous: A Tribute to Starlight Records, with
Legacy Recordings on August 7, 2015. This promotion album for
Jem film consisted of remakes of classic
Jem TV series songs. On December 15, 2015, Hasbro Studios and
Paramount Pictures have signed a deal to create a
five-property movie universe produced by Hasbro's Allspark Pictures and distributed by Paramount Pictures. The properties in this movie-verse are
G.I. Joe,
Micronauts,
Visionairies,
M.A.S.K. and
Rom. After two attempted films for
Stretch Armstrong, the property was picked up by
Netflix in January 2016 for a full order as a 26-episode animated series, making it the first deal between the company and the streaming service. By March 2017, Hasbro Studios' executive staff and its animation and toy prototyping teams moved to the Burbank office building. In 2017, Hasbro Studios launched its first franchise through
YouTube called
Hanazuki: Full of Treasures. On November 3, 2017, Hasbro Studios and Paramount extended their relationship, with an exclusive five year production deal for Allspark Pictures and Allspark Animation to create original and franchise-based films. Both Allspark units were newly formed (Allspark Pictures was formerly a film finance label), with the film unit led by Greg Mooradian and the animation unit led by
Meghan McCarthy. Paramount and Hasbro would also work together on TV series. With the loss of the
Jurassic Park license in 2016, Hasbro launched a new dinosaurs based franchise, its second new studio property, with its
Chomp Squad animated series on January 6, 2018. At the time,
Power Rangers was renewed for three more seasons until 2021, and the animated series
Treehouse Detectives had nearly two seasons produced.
Allspark (2019–2020) On March 26, 2019, Stephen Davis announced that Hasbro Studios would be rebranded as "Allspark", named after the fictional artifact featured in the
Transformers franchise. On May 7, 2019, Allspark and
Boulder Media announced a new feature animation studio. The companies had bid on an old ferry terminal for the studio, but were turned down by the Dún Laoghaire-Rathdown County Council in previous attempts. On December 30, 2019, Hasbro completed the acquisition of the Canadian entertainment company
Entertainment One. On November 17, 2022, Hasbro announced they were putting the entirety of Entertainment One up for sale, including all of their non-Hasbro assets ranging from scripted and unscripted television and films, but would exclude the company's ex-children's properties, which were already consolidated under Hasbro. Four months later, it was reported that
Fremantle,
Lionsgate and
Legendary Entertainment are interested in the buyout. The following month, it was reported Lionsgate and Legendary remained among the four potential buyers, the other two being CVC Capital Partners and GoDigital Media Group. Fremantle however dropped out of contention following an increase in the selling price, which was beyond what the company was willing to pay for the assets. However, on April 20, 2023, Hasbro entered talks to sell eOne back to its founder Darren Throop. On July 17, 2023,
Deadline reported that Lionsgate was a frontrunner to acquire
Entertainment One. On August 3, 2023, Lionsgate announced that it would acquire Entertainment One for $500 million. The deal closed on December 27, 2023. == Allspark Pictures ==