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On April 16, 2024, Take-Two Interactive announced plans to lay off 5% of its workforce and cancel several video game projects. The company cited a cost-reduction plan, anticipating total charges of $160 million to $200 million. These measures are expected to be largely implemented by December 31, 2024. [122]
Hasbro Entertainment is an American production and distribution company. As a division of American toy and multimedia company Hasbro, it serves as the successor of Hasbro Studios/Allspark following the sale of the majority of Entertainment One's assets (except for its family brands division, which has been folded into Hasbro) to Lionsgate on December 27, 2023.
YES Network (80% equity) - sold to Sinclair Broadcast Group, Amazon and Yankee Global Enterprises; Fusion Media Network, LLC, Fusion cable channel joint venture with Univision Communications, sold off the remaining 50% to Univision. GMTV: part owner; Sold to ITV plc and renamed ITV Breakfast Limited in 2009. Hyperion Books: sold to Hachette