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2 weeks ago they laid off over a thousand people of their workforce. The ones making products, mind you, the useless meddling executives got bonuses.
Now it gets even dumber; EOne, which they bought for 4 billion dollars a few years back, was to be sold for 500 million dollars. A fucking 3.5 billion dollar loss. The final deal? They're selling it for 375 million dollars.
https://variety.com/2023/tv/news/lionsgate-closes-eone-375-million-1235851625/#article-comments
>Lionsgate closed its $375 million acquisition of studio Entertainment One (eOne) from toy company Hasbro Wednesday.
Is there anything the company does right anymore?
Now it gets even dumber; EOne, which they bought for 4 billion dollars a few years back, was to be sold for 500 million dollars. A fucking 3.5 billion dollar loss. The final deal? They're selling it for 375 million dollars.
https://variety.com/2023/tv/news/lionsgate-closes-eone-375-million-1235851625/#article-comments
>Lionsgate closed its $375 million acquisition of studio Entertainment One (eOne) from toy company Hasbro Wednesday.
Is there anything the company does right anymore?
