Entertainment One
Entertainment One Ltd., trading as eOne, is a Canadian multinational entertainment company. Based in Toronto, Ontario, the company is primarily involved in the acquisition and production of films and television series. The company originated as the Canadian music distributor Records on Wheels Limited; after it was acquired by music retailer CD Plus, the company became ROW Entertainment, with its vice president of operations Darren Throop becoming president and CEO. It later acquired U.S. music and home entertainment distributor Koch Entertainment. By 2007, the company—now known as Entertainment One—had begun to acquire other production companies and film distributors, including Canadian distributors Les Films Séville and Alliance Films. By 2015, eOne had begun to expand its U.S. operations, including investing in Amblin Partners, and acquiring a stake in The Mark Gordon Company. In 2019, eOne announced its sale to U.S. toy and entertainment company Hasbro for US$4 billion. The company began to face cutbacks under Hasbro, which sold eOne's original music distribution business (now MNRK Music Group) to Blackstone in 2021, and closed its theatrical distribution operations in Canada, Spain, and the United Kingdom in 2022 and 2023, ahead of a planned sale of entertainment assets not strongly tied to eOne's children's entertainment brands (such as Peppa Pig, which would be folded into Hasbro's intellectual property and merchandising business following the acquisition). In August 2023, Hasbro announced that it would sell the assets to Lionsgate for $500 million. The deal is expected to close by the end of 2023 (the closing date of the deal is around mid-December of that year). History

Establishment 
The company has its origins in the music distributor Records on Wheels Limited (which was established in 1970), and the music retail chain CD Plus. The chain was in the process of acquiring other companies to bolster its wholesale operations in music and home video, leading to its purchase of ROW in 2001. Its vice president of operations, Darren Throop, had joined the company after CD Plus acquired his Nova Scotia-based record store chain Urban Sound Exchange. The combined company later became known as ROW Entertainment, with Throop as president and CEO. The company listed itself on the Toronto Stock Exchange as an income trust, meaning that its taxes were paid by its shareholders, rather than the company itself. Afterward, ROW started to diversify its operations into content ownership. In June 2005, it acquired the U.S. independent music distributor and home entertainment publisher Koch Entertainment. Afterwards, it was re-incorporated as Entertainment One Income Fund. In 2007, the company accepted a $188 million public equity takeover by Marwyn Investment Management to fund its expansion; the company was listed on London's Alternative Investment Market as Entertainment One Ltd. Expansion 
In 2007, Entertainment One acquired Montreal-based film distributor Seville Pictures and British distributor Contender Entertainment Group. The same year, the company secured its first film output agreement with Summit Entertainment, handling distribution in Canada and the United Kingdom. Acquisitions continued in 2008 with the purchase of the Benelux distributor RCV Entertainment. The same year, eOne acquired the television studios Blueprint and Barna-Alper, and international television distributor Oasis International. Throop stated that the company was attempting to "replicate the success of Alliance Atlantis", with a focus on diversifying into production alongside distribution. Also in 2008, the company listed itself on the London Stock Exchange. On April 12, 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million. On May 28, 2012, eOne placed a bid to purchase the Canadian film distributor Alliance Films from Goldman Sachs Group and Investissement Québec. The deal was completed on January 9, 2013, giving eOne Canadian distribution rights for titles from The Weinstein Company, Lionsgate (which itself  acquired 10 years later), CBS Films, FilmDistrict and Focus Features. On May 28, 2014, eOne announced a strategic investment in interactive agency Secret Location; the firm would continue to operate independently under the leadership of James Milward (President, Executive Producer and Founder), and partners Pietro Gagliano (Creative Director and SVP) and Ryan Andal (Technical Director and SVP). On June 2, 2014, eOne acquired Phase 4 Films; its CEO Berry Meyerowitz was named as head of eOne's U.S. film distribution business and North American family entertainment business. On July 17, the company acquired Paperny Entertainment. On August 28, 2014, eOne acquired Force Four Entertainment. On January 5, 2015, eOne acquired a 51% stake in Mark Gordon's self-named studio, with an option to acquire the remainder at a later date. The purchase was part of an effort by eOne to bolster its presence in the U.S. On September 9, 2015, eOne revived the Momentum Pictures brand (which was previously used by Alliance UK) and announced that it had entered into a multi-picture deal with Orion Pictures to jointly acquire films for "specialized theatrical releases" in the U.S., and targeted international releases, focusing on ancillary and digital distribution. Marwyn Investment Management sold its 18% stake in Entertainment One to the Canada Pension Plan Investment Board (CPPIB) on September 16, 2015. On September 30, 2015, eOne acquired a 70% stake in British animation studio Astley Baker Davies—producers of the Nick Jr. animated preschool TV series Peppa Pig. On December 16, 2015, eOne, Steven Spielberg, Reliance Entertainment, and Participant Media officially announced a joint venture known as Amblin Partners. eOne served as an investor, while the majority of its films would be distributed by Universal Pictures. On January 7, 2016, eOne made a strategic investment in Sierra Pictures and on January 20, 2016, the company acquired Dualtone Music Group. On March 8, 2016, eOne the acquired music recording, publishing and artist management company Last Gang, and announced that its founder Chris Taylor would join the company as president of music. In 2016, eOne acquired a majority stake in unscripted production company Renegade 83. On February 24, 2016, Entertainment One reached a home media distribution deal with 20th Century Fox Home Entertainment to release eOne's titles on DVD and Blu-ray in the United Kingdom. On August 10, 2016, eOne rejected an offer to be acquired by British television broadcaster ITV plc for £1 billion ($1.3 billion US). eOne considered the offer to be "fundamentally undervalued". On August 17, 2016, eOne announced that it would acquire Secret Location outright for an undisclosed amount. On September 12, 2016, eOne announced its acquisition of UK-based music management company Hardlivings. That same year, eOne acquired music management company Nerve. On September 9, 2016, eOne reached a first-look co-financing and international distribution deal with Tucker Tooley's Tooley Productions. In 2016, eOne entered into an agreement with Ole (now as Anthem Entertainment) to administer its music catalogue. eOne consolidated its film and television studios into a single structure in 2017, as part of an effort to reposition its operations towards production rather than acquisitions and "large output deals". On May 17, 2017, eOne announced a partnership with former New Regency president and CEO Brad Weston on his new studio Makeready, serving as a lead investor and holding international distribution rights to its television productions. On January 29, 2018, eOne acquired the remaining 49% of The Mark Gordon Company, and Gordon was named eOne's new president and chief content officer of film, television and digital. On April 9, 2018, eOne acquired UK non-scripted production company Whizz Kid Entertainment. Later that year, eOne joined a round of investment in Jeffrey Katzenberg's short-form digital content venture "NewTV" (later renamed Quibi until 2020). On January 8, 2019, eOne’s Australia division announced a deal with Universal Pictures for Australian theatrical, home video and co-distribution rights which resulted in demise on March 19, 2019. On March 5, 2019, eOne's Benelux division was acquired by a new company named WW Entertainment, founded by Wilco Wolfers and Caspar Wenckebach. Later that month, Entertainment One ended their home media distribution agreement with 20th Century Fox Home Entertainment following Fox's purchase by The Walt Disney Company on March 20, 2019. eOne reached an agreement with Universal Pictures Home Entertainment to handle home media distribution of its films and television series in Australia, Canada, Germany, Spain, New Zealand, the U.S., and the United Kingdom. In 2019, eOne acquired England-based unscripted company Daisybeck Studios, and U.S. unscripted company Blackfin, hiring its founder and CEO Geno McDermott as president of U.S. alternative programming. Also in 2019, eOne Music acquired Audio Network, a British company involved in the production of music for film and television, for $215 million. Acquisitions and targets 
Since listing on the London Stock Exchange's AIM submarket, eOne has made a series of acquisitions, but added with a timeline. On June 14, 2007, eOne acquired Contender Entertainment Group (which included brands Rubber Duck Entertainment, Hong Kong Legends and Premier Asia), one of the largest distributors of TV content in the United Kingdom. With this, eOne therefore got Peppa Pig. On August 17, 2007, eOne acquired Seville Entertainment Inc. for an undisclosed sum. On January 9, 2008, eOne acquired the Netherlands-based distributor RCV Entertainment. On July 4, 2008, eOne acquired TV producers Blueprint Entertainment and Barna-Alper Productions as well as domestic distributors Oasis International and Maximum Films. On April 12, 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million. On January 22, 2013, eOne acquired Alliance Films. On June 2, 2014, eOne acquired Phase 4 Films. On July 17, 2014, eOne acquired Paperny Entertainment. On August 28, 2014, eOne acquired Force Four Entertainment. In May 2014, eOne made a strategic equity investment in interactive agency Secret Location, and later took full control. In January 2015, eOne acquired a 51% stake in The Mark Gordon Company, the production studio behind such TV series as Quantico, Grey's Anatomy, Army Wives, Ray Donovan and Criminal Minds; and films such as Steve Jobs, Source Code, The Day After Tomorrow, and Speed. It acquired the remaining 49% on January 30, 2018. On September 30, 2015, eOne acquired a controlling stake on Astley Baker Davies thus increasing its ownership of the preschool franchise Peppa Pig. On March 26, 2018, eOne acquired Round Room Entertainment, a live entertainment company, founded by Stephen Shaw in 2016. On April 9, 2018, eOne acquired a majority 70% stake in England-based Whizz Kid Entertainment, producer of Ex on the Beach. On April 11, 2019, eOne acquired England-based Audio Network, an independent creator and publisher of original music for use in film, television, advertising and digital media. On July 11, 2019, eOne acquired British factual producer Daisybeck Studios. On September 12, 2019, eOne acquired US-based, nonfiction content producer Blackfin. Sale to Hasbro 
On August 22, 2019, American toy and media company Hasbro announced that it had reached an agreement to acquire Entertainment One for US$4 billion. Throop cited that its goals to "unlock the power and value of creativity" were "aligned with Hasbro's corporate objectives", and would be enhanced by access to Hasbro's properties and merchandising capabilities. eOne's Canadian operations will be structured in such a way as to maintain eligibility for Canadian content classification. The deal was approved by the Ontario Superior Court of Justice. On November 21, 2019, the United Kingdom's Competition and Markets Authority (CMA) announced that it would investigate the purchase under British competition law, to determine if it would result in a lessening of competition. The sale was completed on December 30, 2019, with the company becoming a wholly owned subsidiary of the company. Throop remains CEO of eOne, reporting to Hasbro CEO Brian Goldner. The UK CMA cleared the acquisition the following month. On April 30, 2020, it was reported that eOne had an untitled Transformers animated film in development. On February 10, 2021, it was announced that eOne would be laying off 10% of its film and television staff. On April 26, 2021, eOne announced that it would sell its music division to The Blackstone Group for $385 million. The acquisition was closed in June 2021, after which it was renamed MNRK Music Group. On June 29, 2022, it was reported that Entertainment One was closing its theatrical distribution operations in Canada and Spain, with minor layoffs taking place in Canada; Entertainment One continues to acquire films in these territories for non-theatrical distribution. On August 22, 2022, it was reported that Hasbro was seeking to sell or restructure its media assets, and it was announced that CEO Darren Throop would be stepping down at the end of the year. Sale to Lionsgate 
On November 17, 2022, Hasbro announced that it planned to sell most of eOne's film and television assets, as part of a plan to "focus on strategic investment in key franchise brands". The sale excludes the assets of eOne's Family & Brands division, which had been folded into Hasbro's merchandising and licensing business to create a new subsidiary, Hasbro Entertainment. In March 2023, Deadline reported that Lionsgate (which had, in 2015, reached an agreement to co-finance a film based on the board game Monopoly with Allspark Pictures, and Hasbro attempted to acquire in 2017), Fremantle, and Legendary Entertainment were among the leading suitors. The following month, it was reported that Fremantle had dropped out of contention after the selling price escalated beyond what the company was willing to pay, but that CVC Capital Partners and GoDigital Media Group had also entered the running. On April 20, 2023, it was reported that Hasbro was in talks with Throop, who made a bid backed by CVC Capital Partners to buy the company back. In July 2023, Deadline reported that Lionsgate was a frontrunner to acquire Entertainment One, with Legendary and GoDigital still among the potential buyers, and Throop attempting to launch another bid for the company after his previous attempt with CVC failed. In July 2023, it was reported that Entertainment One was shutting down distribution operations in the United Kingdom, with British staff layoffs also taking place as part of budget cuts and layoffs by Hasbro. On August 3, 2023, Hasbro announced that it had reached an agreement to sell eOne's entertainment assets to Lionsgate for $500 million: Lionsgate will pay $375 million in cash and assume $125 million in production financing loans. The sale is expected to close by the end of 2023. Divisions

Films 

The film division was initially involved primarily in acquiring films for international distribution, but has since shifted its resources towards producing and funding its own films. eOne Films was formed in 2007, and acquired the Montreal-based Séville Pictures soon afterwards. In 2012, the company announced that it would acquire Alliance Films for CDN$225 million, which also added the assets of Maple Pictures and Momentum Pictures to its holdings. eOne has also handled the Canadian distribution rights to the Miramax library, as well as the pre-2005 Dimension Films library. On May 8, 2015, eOne consolidated its film production and international sales units into a new unit known as eOne Features, with a goal to self-produce and finance six-to-eight films per-year. On December 16, 2015, it was announced that eOne would be an investor in Amblin Partners, a joint venture between Steven Spielberg, Reliance Entertainment, Participant Media, and Universal Pictures. One of the first film projects under this banner was 2015's Eye in the Sky. On September 23, 2016, Xavier Dolan's eOne-distributed film Juste la fin du monde was announced as Canada's entry in the Best Foreign Language Film category for the 89th Academy Awards. On January 8, 2019, Universal Pictures acquired eOne's Australian and New Zealand self-distribution division. eOne distributed Universal's Best Picture winner Green Book in 2019. eOne has also distributed Best Picture winner Spotlight and Best Picture nominee 1917. In 2020, eOne was the top distributor in the UK, taking around 15.3% of the total market. Television 

eOne Television (formerly Barna-Alper Productions) is a television production company founded in 1980 by Laszlo Barna and Laura Alper and based in Toronto, Ontario. In April 2005, the company launched a distribution division, Barna-Alper Releasing. Entertainment One acquired Barna-Alper Productions Inc., Blueprint Entertainment, and distributor Oasis International in July 2008 to expand its television production and distribution capabilities. As part of a company-wide rebrand, the three companies were folded into E1 Television in January 2009.

Notable television series distributed or produced by eOne and its subsidiaries have included the three Ilana Frank-produced series Burden of Truth, Rookie Blue and Saving Hope, Bitten, The Book of Negroes, Border Security: Canada's Front Line, Call Me Fitz, Cardinal, Criminal Minds, Designated Survivor, Haven, Klondike, Mary Kills People, Naked and Afraid, Private Eyes, The Rookie, Siesta Key, The Walking Dead, and the HBO series Hung, Runwith AMC Networks to handle the international distribution of its original scripted productions, beginning with Halt and Catch Fire. The agreement expanded on existing pacts for the eOne-produced Hell on Wheels, and international distribution for The Walking Dead. The pact ended in May 2019 (with AMC having since expanded its in-house distribution business), although it will continue to handle international distribution for existing series, as well as The Walking Dead and Fear the Walking Dead. Family & Brands 
eOne's Family & Brands division deals primarily in family-oriented intellectual property, including development, distribution, licensing, and marketing. The division has been seen growth credited to retail sales, licensing deals, and programming sales to broadcasters, accounting for US$202 million in revenue in 2018. It represented a year-over-year increase of 28%, with Peppa Pig and PJ Masks alone accounting for $114.9 million and $75.8 million respectively. Upon the acquisition of eOne by Hasbro, the division was folded into Hasbro's IP portfolio and licensing business. Virtual reality 
After making an investment in the company in 2014, eOne acquired the Toronto-based digital content studio Secret Location in 2016, which specializes in virtual and augmented reality experiences. In 2015, Secret Location won a Primetime Creative Arts Emmy Award in "Outstanding User Experience and Visual Design" for a tie-in to the drama series Sleepy Hollow. In 2020, the studio's first VR film The Great C won the Positron Visionary Award for Best Cinematic VR Experience at the 2020 Cannes XR Film Festival. That same year, Secret Location won the Outstanding Media Innovation Award by the Academy of Canadian Cinema & Television. Productions

Films 
 Scary Stories to Tell in the Dark (2019) (co-production with Lionsgate and CBS Films)
 Clifford the Big Red Dog (2021) (British and Canadian distribution only, co-production with Paramount Pictures, The Kerner Entertainment Company, New Republic Pictures and Scholastic Entertainment)
 The Unlikely Pilgrimage of Harold Fry (2023) (last film to be distributed by Entertainment One in the UK before shutting down on July 20, 2023.) Clue (TBA) (co-production with 20th Century Studios, Blink Wink Productions, Maximum Effort and Aggregate Films; distributed by Walt Disney Studios Motion Pictures)
Dust Bunny (TBA) (co-production with Thunder Road Films)
 Play-Doh (TBA) (co-production with Electric Somewhere)
 Untitled Clifford the Big Red Dog sequel (TBA) (co-production with The Kerner Entertainment Company, New Republic Pictures, and Scholastic Entertainment; Distributed by Paramount Pictures)

TV series

Family & Brands

Virtual reality 
Below is a list of Secret Location VR games:

 The Great C
 Transpose
 Welcome to Wacken
 Blasters of the Universe
 Blasters of the Universe Infinity Forever
 Paranormal Pest Patrol
 NERF Ultimate Championship

Current and former names and logos
The company logo introduced in 2010 was designed by Toronto-based firm Parcel Design. On September 8, 2015, Entertainment One announced a refreshed logo on the eve of Toronto International Film Festival. References

External links 
 

 
1970 establishments in Ontario
Canadian companies established in 1970
Entertainment companies of Canada
Film distributors of Canada
Film production companies of Canada
Companies based in Toronto
Entertainment companies established in 1970
Mass media companies established in 1970
Companies formerly listed on the London Stock Exchange
2003 initial public offerings
2019 mergers and acquisitions
Hasbro subsidiaries
Canadian subsidiaries of foreign companies
Announced mergers and acquisitions