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Okay I'm going to type a novel here so bear with me anons. Would Elon buying it be a good thing? Answer: better than the alternatives.
For those not in the know, last year /toy/, /horse/, /biz/ and /tg/ teamed up and laid down the exact picture the company is in; hemmorhaging money, all the IP's are being gutted and in the shitter and Cocks is just cashing bonusses while lying to the shareholders and consumers. They're literally loaning money to use as dividends to throw the shareholders off and pretend things are better than they really are. The shareholder decided to throw the book at him, and the allegations - if true - are equivalent to financial fraud. Note: you can still go to jail for financial fraud if you're rich and powerful if it's other rich and powerful people you're screwing over. So this will be a lot of fun. Given how they're hemmorhaging money, a Chapter 11 in Q1 of 2025 is not unthinkable; really just depends if they can keep loaning money, and their debts are now worse than before selling off EOne.
TF bombed so many times in a row to launch a ''multiverse'' or whatever they just gave up. GI Joe is in production hell. Power Rangers is in limbo. Horses just got cancelled because both the little girls and those-we-shalt-not-speak off walked away. Littlest Pet Shop might as well not exist. And Monopoly and other board games? Passive income at best; except for a weirdo or two no one will buy dozens of monopoly games. Same with simple brands like Play-doh. (and Furby/FurReal is too expensive)
So the only sources of income now are Monopoly Go (a casino slot machine disguised as an app), D&D and MTG and in the latter two cases... oh boy are they trying to break them down out of stupidity and greed.
Don't believe me for it, just go to your local toy store in USA/Europe; the amount of Hasbro merch is barely anything, and nothing is front-and-center. Entire brands are missing. Online retail? Ditto. Reminder; Christmas is the big season.
>Continued.
