Hasbro sells eOne to Lionsgate

All right, My Little Pony Lovers. There's sad news and happy news. The sad news is Hasbro is selling Entertainment One to someone very special. The happy news is I'm picking Lionsgate.

Peppa Pig won't join Lionsgate's family due to Hasbro's heavy ownership of the swine. It seems that Lionsgate and eOne made their Canadian deal for five years. With Lionsgate purchasing eOne from Hasbro, Lionsgate Films will have all the Canadian distribution for the first time since 2011.

Hasbro will keep all the pre-2020 Hasbro/Allspark library and Peppa Pig because Skydance will join the family replacing eOne as Hasbro's unit. Lionsgate will distribute all it's own films in Canada, Spain, and Australia. Due to Lionsgate's UK ownership of Lionsgate UK (the future Summit Entertainment), eOne's UK unit will be spun-off to Rank Pictures. The family units of Lionsgate and eOne will merge into Family Home Entertainment.

Momentum Pictures will be spun-off as an Independent production company, though it will make a deal with Lionsgate for theatrical distribution. Assets eOne folded will be revived by Lionsgate.

Without Hasbro, All the Entertainment One films that aren't Hasbro will have the Lionsgate name. So this means eOne will be folded into Lionsgate after sale, just like Trimark in 2000, Artisan in 2004 and Anchor Bay in 2017. However, Trimark, Artisan and Anchor Bay will be revived, but not eOne.