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Entertainment One Ltd.
eOne
Formerly
  • Records On Wheels Limited (1970–1980)
  • ROW Entertainment (1980–2005)
  • Entertainment One Income Fund (2005–2009)
  • E1 Entertainment (2009–2010)
Type Subsidiary
Industry Entertainment
Predecessors
Founded1970; 53 years ago (1970)
Founder Darren Throop
Headquarters
Toronto, Ontario
,
Canada
Area served
Worldwide
Key people
  • Darren Throop ( CEO)
  • Steve Bertram (President, Film & Television)
  • Olivier Dumont (President, Family Brands)
Products
    • Film
    • Television
    • Virtual reality
    • Live entertainment
Revenue£941.2 million (2019) [1]
Parent Hasbro (2019–present) (sale of assets to Lionsgate, Fremantle or Legendary pending)
Divisions
  • Film & Television
  • Family Brands
Subsidiaries
Website www.entertainmentone.com

Entertainment One Ltd., trading as eOne, is an American-owned Canadian multinational entertainment company. Based in Toronto, Ontario, the company is primarily involved in the acquisition, distribution, and production of films and television series. The company was listed on the London Stock Exchange before it was acquired by Hasbro on December 30, 2019.

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. [8] Its vice president of operations, Darren Throop, had joined the company after CD Plus acquired his Halifax-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. [9] [10] [11] [12]

Afterward, ROW began to diversify its operations into content ownership. In June 2005, it acquired the American independent music distributor and home entertainment publisher Koch Entertainment. [13] [11] 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. [14]

Expansion

In 2007, Entertainment One acquired Montreal-based film distributor Seville Pictures and UK distributor Contender Entertainment Group. [15] The same year, the company secured its first film output agreement with Summit Entertainment, handling distribution in Canada and the United Kingdom, and acquired British film distributor Contender Entertainment. [9] [16] Acquisitions continued in 2008 with the purchase of the Benelux distributor RCV Entertainment. [17] The same year, eOne acquired the television studios Blueprint and Barna-Alper, and international television distributor Oasis International. [18] Throop stated that the company was attempting to "replicate the success of Alliance Atlantis", with a focus on diversifying into production alongside distribution. [19] Also in 2008, the company listed itself on the London Stock Exchange. [9]

On April 12, 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million. [20] On May 28, 2012, eOne placed a bid to purchase the Canadian film distributor Alliance Films from Goldman Sachs Group and Investissement Québec. [21] The deal was completed on January 9, 2013, giving eOne Canadian distribution rights for titles from The Weinstein Company, Lionsgate, CBS Films, FilmDistrict and Focus Features. [22] 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). [23] 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. [24] On July 17, the company acquired Paperny Entertainment. [25] [26] On August 28, 2014, eOne acquired Force Four Entertainment. [27]

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 United States. [28] 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. [29]

Marwyn Investment Management sold its 18% stake in Entertainment One to the Canada Pension Plan Investment Board (CPPIB) on September 16, 2015. [30] [31]

On September 30, 2015, eOne acquired a 70% stake in British animation studio Astley Baker Davies—producers of the animated children's series Peppa Pig. [32] 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. [33]

On January 7, 2016, eOne made a strategic investment in Sierra Pictures [34] and on January 20, 2016, the company acquired Dualtone Music Group. [35] 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. [36] In 2016, eOne acquired a majority stake in unscripted production company Renegade 83. [5]

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 UK.

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". [37]

On August 17, 2016, eOne announced that it would acquire Secret Location outright for an undisclosed amount. [38] On September 12, 2016, eOne announced its acquisition of UK-based music management company Hardlivings. [39] That same year, eOne acquired music management company Nerve. [40]

On September 9, 2016, eOne reached a first look co-financing and international distribution deal with Tucker Tooley's Tooley Productions. [41] [42]

In 2016, eOne entered into an agreement with Ole (now Anthem Entertainment) [43] to administer its catalogue. [44]

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". [45]

On May 17, 2017, eOne joined with Hollywood producer Brad Weston to launch global content creation studio MAKEREADY. The deal secured distribution rights for eOne in its territories and Universal in all other territories worldwide. [4]

In 2017, eOne joined Participant Media, Reliance Entertainment, Alibaba Pictures and Universal Pictures in backing Amblin Partners, a content creation company led by Steven Spielberg. [46]

On January 29, 2018, eOne acquired the remaining 49% in The Mark Gordon Co., and Gordon was named eOne's new president and chief content officer of film, television and digital. [47] [48]

On March 26, 2018, eOne acquired live entertainment company Round Room Live, which organizes major tours including PJ Masks among others. [49]

On April 9, 2018, eOne acquired UK non-scripted production company Whizz Kid Entertainment. [7] Later that year, eOne joined a round of investment in Jeffrey Katzenberg's short-form digital content venture "NewTV" (later renamed Quibi). [50]

On March 5, 2019, eOne's Benelux division was acquired by a new company named WW Entertainment, founded by Wilco Wolfers and Caspar Wenckebach. As a result, all eOne Benelux titles, including future releases, have since moved to WW. [51] 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 US, and the UK. [52]

In 2019, eOne acquired UK-based unscripted company Daisybeck Studios. [3] That same year, eOne acquired American long-form nonfiction producer BLACKFIN. [2] Also in 2019, eOne Music acquired Audio Network, a British company involved in the production of music for film and television, for $215 million. [53]

Acquisitions and targets

Since listing on the London Stock Exchange's AIM submarket, eOne has made a series of acquisitions.

  • On June 14, 2007, eOne acquired Contender Entertainment Group, one of the largest distributors of TV content in the UK. [54] (now operates as eOne UK)
  • On August 17, 2007, eOne acquired Seville Entertainment Inc. for an undisclosed sum. [55] (now operates as Les Films Séville)
  • On January 9, 2008, eOne acquired the Netherlands-based distributor RCV Entertainment. [17] (now operates as eOne Benelux)
  • On July 4, 2008, eOne acquired TV producers Blueprint Entertainment and Barna-Alper Productions as well as domestic distributors Oasis International and Maximum Films. [56] (Barna-Alper now operating as eOne Television, Maximum Films amalgamated into eOne Films Canada while Maximum Film International was amalgamated into Les Films Séville, all others closed)
  • On April 12, 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million. [20] (now operates as eOne Australia)
  • On January 22, 2013, eOne acquired Alliance Films. [57]
  • On June 2, 2014, eOne acquired Phase 4 Films. [24]
  • On July 17, 2014, eOne acquired Paperny Entertainment. [25] [26]
  • On August 28, 2014, eOne acquired Force Four Entertainment. [27]
  • In May 2014, eOne made a strategic equity investment in interactive agency Secret Location, and later took full control. [58]
  • 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. [59]
  • On September 30, 2015, eOne acquired a controlling stake on Astley Baker Davies thus increasing its ownership of the preschool franchise Peppa Pig. [60]
  • On March 26, 2018, eOne acquired Round Room Entertainment, a live entertainment company, founded by Stephen Shaw in 2016. [61]
  • On April 9, 2018, eOne acquired a majority 70% stake in British-based Whizz Kid Entertainment, producer of Ex on the Beach. [62]
  • On April 11, 2019, eOne acquired UK-based Audio Network, an independent creator and publisher of original music for use in film, television, advertising and digital media. [63]
  • On July 11, 2019, eOne acquired British factual producer Daisybeck Studios. [64]
  • On September 12, 2019, eOne acquired US-based, nonfiction content producer Blackfin. [65]

Hasbro ownership era

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. [66] 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. [67] [68] 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. [69] The UK CMA cleared the acquisition the following month. [70] [71] [72] On April 30, 2020, eOne had an untitled Transformers animated film in development. [73]

On October 9, 2020, eOne took over as Hasbro's new production arm and began development and distribution of content based on properties from the toy company, resulting in Allspark being absorbed into the acquired company. [74] On February 10, 2021, it was announced that eOne would be laying off 10% of its film and television staff. [75]

On April 26, 2021, eOne announced that it would sell its music division to The Blackstone Group for $385 million. [76] The acquisition was closed in June 2021, after which it was renamed MNRK Music Group. [77]

On August 22, 2022, it was reported that Hasbro was seeking to sell or restructure its media assets. On the same day, It was announced that CEO Darren Throop would be stepping down at the end of the year. On November 1, 2022, Hasbro confirmed that it was selling the Irish animation studio Boulder Media to the Australian animation studio Princess Pictures. [78]

On November 17, 2022, Hasbro, Inc. announced that is selling part of Entertainment One's TV and film business not directly supporting the Hasbro Branded Entertainment strategy, which includes all non-Hasbro assets ranging from scripted and unscripted television and films, but would exclude the company's ex-children's properties like Peppa Pig, which were already consolidated under Hasbro. [79] [80]

Divisions

Films

eOne Films
Type Division
Industry Film production
Founded2007; 16 years ago (2007)
Headquarters
Toronto, Ontario
,
Canada
Area served
Worldwide
Products Motion pictures
ParentEntertainment One ( Hasbro)
Website entertainmentone.com/films  Edit this on Wikidata

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, [45] and acquired the Montreal-based Séville Pictures soon afterwards. [81] In 2012, the company announced that it would acquire Alliance Films for CDN$225 million, [82] which also added the assets of Maple Pictures and Momentum Pictures to its holdings. [81] [82] 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. [83] 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. [33] One of the first film projects under this banner was 2015's Eye in the Sky. [84] [85]

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. [86]

On January 8, 2019, Universal Pictures acquired eOne's Australian and New Zealand self-distribution division. [87] eOne distributed Universal's Best Picture winner Green Book in 2019. [88] eOne has also distributed Best Picture winner Spotlight and Best Picture nominee 1917. [89] [90]

In 2020, eOne was the top distributor in the UK, taking around 15.3% of the total market. [91]

Television

Entertainment One Television BAP Ltd.
Formerly
  • Barna-Alper Productions Inc. (1980–2009)
  • E1 Television BAP Ltd. (2009–2010)
Type Division
Industry Television production
Predecessor
  • Barna-Alper Productions
  • Blueprint Entertainment
  • Oasis International
Founded1980; 43 years ago (1980)
Founders
  • Laszlo Barna
  • Laura Alper
Headquarters
Toronto, Ontario
,
Canada
Key people
  • John Morayniss
  • ( CEO)
ParentEntertainment One ( Hasbro)
DivisionsBarna-Alper Releasing
Website entertainmentone.com/films  Edit this on Wikidata

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, [92] Bitten, The Book of Negroes, Border Security: Canada's Front Line, [93] Call Me Fitz, Cardinal, Criminal Minds, [94] Designated Survivor, [95] Haven, Klondike, [96] Mary Kills People, Naked and Afraid, [5] Private Eyes, The Rookie, Siesta Key, The Walking Dead, and the HBO series Hung, Run, and Sharp Objects.

In 2013, eOne reached an agreement with 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. [97] 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. [98]

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. [99] [100] [101] [102]

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. [103] 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. [104] 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. [105] That same year, Secret Location won the Outstanding Media Innovation Award by the Academy of Canadian Cinema & Television. [106]

Productions

Films

TV series

See also: List of Entertainment One television programs

Below is a list of productions eOne has been involved with either through production and/or distribution:

Kids & Family brands

Virtual reality

Below is a list of Secret Location VR games: [110] [111] [112]

  • 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 Parcel Design. [113] [114]

On September 8, 2015, Entertainment One announced a refreshed logo on the eve of Toronto International Film Festival. [115]

  • Entertainment One (2010–2015)

    Entertainment One (2010–2015)

  • Entertainment One (2015–present)

    Entertainment One (2015–present)

  • Alternative variant (2015–present)

    Alternative variant (2015–present)

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  87. ^ Frater, Patrick (January 8, 2019). "Universal to Handle eOne Theatrical Distribution in Australia, New Zealand". Variety. Retrieved November 11, 2019.
  88. ^ McNary, Dave (March 26, 2019). "Entertainment One, Universal to Partner on Home Entertainment". Variety. Retrieved June 18, 2020.
  89. ^ McIntosh, Steven (January 10, 2020). "1917: Faulty lighters and other problems with making one-shot films". BBC. Retrieved July 20, 2020.
  90. ^ Cassidy, Nieve (June 14, 2020). "Redbrick Rewind: Spotlight". Redbrick. Redbrick. Retrieved July 20, 2020.
  91. ^ Ramachandran, Naman (January 5, 2021). "'1917' Leads COVID-Devastated U.K. and Ireland 2020 Box Office, Down 76% From 2019". Variety.
  92. ^ David, Greg (August 20, 2019). "FILMING IN WINNIPEG HAS BEGUN ON ENTERTAINMENT ONE'S BURDEN OF TRUTH SEASON 3 FOR CBC". TV, Eh?. TV, Eh?. Retrieved June 17, 2020.
  93. ^ Brown, Scott (August 29, 2014). "Entertainment One buys Vancouver producer Force Four". The Vancouver Sun. Retrieved June 25, 2020.
  94. ^ "'Criminal Minds' Producer Mark Gordon: "I Don't Think There's Too Much Good Television"". The Hollywood Reporter. June 10, 2015. Retrieved March 17, 2019.
  95. ^ Andreeva, Nellie (September 5, 2018). "'Designated Survivor' Saved With Netflix Pickup After ABC Cancellation; Season 3 Of eOne Series To Tackle Fake News". Deadline Hollywood. Retrieved May 30, 2019.
  96. ^ Andreeva, Nellie (July 16, 2019). "TV Producer Michael Rosenberg Joins Untitled Entertainment". Deadline Hollywood. Retrieved June 25, 2020.
  97. ^ "EOne, AMC Networks Ink Multi-Year International Output Deal For Scripted Series". Deadline Hollywood. September 5, 2013. Retrieved October 22, 2015.
  98. ^ White, Peter (May 21, 2019). "eOne's International Output Deal With AMC Networks Ends; Distributor To Continue To Sell 'The Walking Dead'". Deadline Hollywood. Retrieved October 7, 2019.
  99. ^ "eOne bolsters Family and Brands arm in China". Kidscreen. Retrieved October 6, 2019.
  100. ^ "Family growth at eOne can't offset film declines". Kidscreen. Retrieved October 6, 2019.
  101. ^ "Twilight of the World-Conquering Kids TV Show". Bloomberg. October 29, 2018. Retrieved March 17, 2019.
  102. ^ "Netflix takes hold of eOne's Cupcake & Dino". kidscreen.com. Kidscreen.
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  109. ^ D'Alessandro, Anthony (March 17, 2022). "'Play-Doh': Emily V. Gordon To Write, Jon M. Chu Circling To Direct Animated Pic For eOne & Hasbro About Colorful Clay". Deadline. Retrieved March 19, 2022.
  110. ^ Lauren, Christina (October 16, 2019). "Secret Location's Not So Secret Splendor". Indigo. Indigo. Retrieved July 21, 2020.
  111. ^ Kyle Melnick (September 29, 2020). "Secret Location Reveals Three New Location-Based VR Games Heading To VR Arcades". VR Scout. Retrieved February 24, 2022.
  112. ^ Peter Graham (December 2, 2021). "First Gameplay Trailer Arrives for NERF Ultimate Championship". GMW3. Retrieved February 24, 2022.
  113. ^ A B-Side BY Armin - Entertainment One
  114. ^ Our new Entertainment One logo makes its debut.
  115. ^ LEADING GLOBAL INDEPENDENT STUDIO ENTERTAINMENT ONE REFRESHES LOGO

External links

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