Hasbro Sells eOne’s Music Business for $385 Million

Hasbro announced that it has entered into a definitive agreement to sell Entertainment One Music (eOne Music) for $385 million. eOne Music will be acquired by entities controlled by Blackstone, which also owns the performing rights organization SESAC, and “will focus on building a creator-first music brand with global scale and expertise,” according to the announcement.

Source: Hasbro Sells eOne’s Music Business for $385 Million