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Entertainment One (also known as eOne) is a publicly traded Canadian multinational mass media and entertainment company.[14] Based in Toronto, Ontario, Canada, the company is primarily involved in the acquisition, distribution, and production of music, films, and television series. The company became a constituent of the FTSE 250 Index in 2013.[15][16]

Entertainment One Ltd.
Formerly
Records On Wheels Limited (1970–1980)
ROW Entertainment (1980–2005)
Entertainment One Income Fund (2005–2009)
E1 Entertainment (2009–2010)
Public
Traded asLSEETO
IndustryTelevision
Film
Music
Entertainment distribution
Founded1970; 49 years ago (1970)
FounderDarren Throop
Headquarters
Toronto, Ontario
,
Canada
Area served
Worldwide
Key people
Allan Leighton
(Non-Executive Director & Chairman)
Darren Throop
(CEO)
Steve Bertram
(President, Film & Television)
Olivier Dumont
(President, Family & Brands)
Chris Taylor
(Global President, Music)
Products
Revenue£941.2 million (2019)[1]
ParentHasbro Entertainment and Licensing (Hasbro, Inc.) (pending regulatory approval)[2][3]
Divisions
Subsidiaries
Websiteentertainmentone.com

On August 22, 2019, Hasbro announced its intent to acquire eOne for $4 billion.

HistoryEdit

Founded in 1970 as retail music distributor Records on Wheels,[17] by 2003 the company had begun to expand into home entertainment distribution, and international film and television acquisition and production through the acquisition of Alliance Films, along with other distributors and studios. In the late 1970s, ROW began to distribute recorded music for third-party retailers in Canada. For more than 20 years, entertainment content distribution became the company's primary focus as the company expanded into video, purchasing one of Canada's largest home entertainment distributors, Video One Canada, Ltd., from its then-parent, Standard Broadcasting Corporation. In November 2003, the company was listed on the Toronto Stock Exchange as ROW Entertainment Income Fund.[18]

In June 2005, ROW Entertainment Income Fund acquired the American independent music distributor and home entertainment publisher Koch Entertainment. In 2007, the company, now known as the Entertainment One Income Fund, 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.[19][20] In 2007, Entertainment One acquired Montreal-based film distributor Seville Pictures and UK distributor Contender Entertainment Group.[21] The same year, the company secured its first film output agreement with Summit Entertainment, handling distribution in Canada and the United Kingdom.[22] Acquisitions continued in 2008 with the purchase of the Benelux distributor RCV Entertainment.[23] The same year, eOne acquired the television studios Blueprint and Barna-Alper, and international television distributor Oasis International.[24]

In April 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million.[25] On May 28, 2012, eOne placed a bid to purchase the Canadian film distributor Alliance Films from Goldman Sachs Group and Investissement Québec.[26] The deal was completed on January 9, 2013, giving eOne Canadian distribution rights for titles from Sony Pictures Entertainment, The Weinstein Company, Lionsgate Films and Focus Features.[27] 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).[28] 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.[29] On July 17, the company acquired Paperny Entertainment.[30][31] On August 28, 2014, eOne acquired Force Four Entertainment.[32]

On January 5, 2015, eOne acquired a 51% stake in The Mark Gordon Co.; Gordon was named CEO of the studio, which planned to produce and finance future film and television projects by Gordon and others in an effort by eOne to increase its prominence in the United States. eOne will have an option to acquire the remainder of the studio beginning in 2022.[33] 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.[34]

Marwyn Investment Management sold its majority stake in Entertainment One to the Canada Pension Plan Investment Board (CPPIB) on September 16, 2015.[35][36]

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.[37] On December 16, 2015, eOne, Steven Spielberg, Reliance Entertainment, and Participant Media officially announced a joint venture known as Amblin Partners. eOne serves as an investor, while the majority of its films will be distributed by Universal Pictures.[38]

On January 7, 2016, eOne made a strategic investment in Sierra Pictures[39] and on January 20, 2016, the company acquired Dualtone Music Group.[40] 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.[41] On March 24, 2016, eOne acquired a 65% interest in David Garfinkle and Jay Renfroe's unscripted production company Renegade 83.[42]

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".[43]

On August 17, 2016, eOne announced that it would acquire Secret Location outright for an undisclosed amount.[44] On September 12, 2016, eOne announced its acquisition of UK-based music management company Hardlivings.[45]

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.[8][46]

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.[47]

On August 22, 2019, American toy company Hasbro announced that it had reached an agreement to acquire Entertainment One for US$4 billion. eOne's CEO Darren 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.[48][49]

DivisionsEdit

FilmsEdit

On January 7, 2016, eOne made a strategic investment in Sierra Pictures.[50] On September 9, 2016, eOne announced it had entered into a first look co-financing and international distribution deal for feature films with Tucker Tooley under his film and production company Tooley Productions.[51] The first project under the deal will be a film adaptation of Harlan Coben's novel Fool Me Once, starring and produced by Julia Roberts under her Red Om Films banner.[52] On September 23, 2016, Xavier Dolan's film Juste la fin du monde was announced as Canada's entry in the Best Foreign Language Film category for the 2017 Academy Awards. The film has been sold worldwide by eOne's Seville International sales arm, and is distributed in Canada by eOne/Les Films Seville.[53]

TelevisionEdit

Notable television series distributed or produced by eOne and its subsidiaries have included Call Me Fitz, Cardinal, Criminal Minds,[54] Designated Survivor,[55] Haven, The Rookie, '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.[56] 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.[57]

MusicEdit

With staff in New York, LA, Toronto and Nashville, eOne Music US, formerly E1 Music/Koch Records, is generally regarded as the largest independent music label in North America.[58] Since its inception as Koch Records, eOne Music US has charted over 100 albums on Billboard's Independent Chart, surpassing the number of titles charted by all other U.S. independent label and was the number one independent label according to Billboard for four consecutive years. The music division covers all musical genres from hip hop, adult-contemporary, rock, urban, country, children's and classical. eOne owns the catalog of seminal hip hop label Death Row Records as well as the indie rock label Dualtone Records (Lumineers, Shakey Graves).[59] The music business has recently expanded into management and music publishing.[60]

In March 2016, eOne Music acquired Last Gang Records, and named its founder Chris Taylor the new president of eOne Music.[61]

Family & BrandsEdit

eOne's Family & Brands division deals primarily in family-oriented intellectual property, including development, distribution, licensing, and marketing. In particular, it is most well-known for the preschool-oriented properties Peppa Pig (which eOne acquired as part of its purchase of a majority stake in its producer Astley Baker Davies) and PJ Masks. 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 (an increase of 28%, with the two properties alone accounting for $114.9 million and $75.8 million respectively).[62][63][64][65]

Virtual realityEdit

After making an investment in the company in 2014, eOne acquired the Toronto-based interactive agency Secret Location in 2016, which specializes in virtual and augmented reality experiences.[66] 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.[67]

PartnersEdit

Through various deals and terms, eOne has a distribution deal with the following companies, whether in full or in part:

FilmEdit

TelevisionEdit

MusicEdit

ProductionsEdit

FilmsEdit

TV seriesEdit

Kids/familyEdit

MusicEdit

Acquisitions and targetsEdit

Since listing on AIM, eOne has made a series of acquisitions.

  • In June 2007, eOne acquired Contender Entertainment Group, one of the largest distributors of TV content in the UK[71] (now operates as eOne UK)
  • In August 2007, eOne acquired Seville Entertainment Inc. for an undisclosed sum[72] (now operates as Les Films Séville)
  • In January 2008, eOne acquired the Netherlands-based distributor RCV Entertainment[23] (now operates as eOne Benelux)
  • In July 2008, eOne acquired TV producers Blueprint Entertainment and Barna-Alper Productions as well as domestic distributors Oasis International and Maximum Films.[73] (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)
  • In April 2011, eOne acquired Australian distribution company Hopscotch for £12.9 million.[25] (now operates as eOne Australia)
  • In January 2013 eOne acquired Alliance Films.[74]
  • In June 2014 eOne acquired Phase 4 Films.[29]
  • In July 2014, eOne acquired Paperny Entertainment.[30][31]
  • In August 2014, eOne acquired Force Four Entertainment.[32]
  • In May 2014, eOne made a strategic equity investment in interactive agency Secret Location, and later took full control.[75]
  • 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% in January 2018.[76]
  • In September 2015, eOne acquired a controlling stake on Astley Baker Davies thus increasing its ownership of the preschool franchise Peppa Pig.[77]
  • In March 2018, eOne acquired Round Room Entertainment, a live entertainment company, founded by Stephen Shaw in 2016.[78]
  • In April 2018, eOne acquired a majority 70% stake in British-based Whizz Kid Entertainment, producer of Ex on the Beach.[79]
  • In April 2019, eOne acquired UK-based Audio Network, an independent creator and publisher of original music for use in film, television, advertising and digital media.[80]
  • In July, eOne acquired British factual producer Daisybeck Studios. [81]
  • In September 2019, eOne acquired US-based, nonfiction content producer BLACKFIN. [82]

Former names and logosEdit

ReferencesEdit

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External linksEdit