Hasbro SEC Filing - eOne, Paramount Pictures, COVID-19 And More

Discussion in 'Transformers News and Rumors' started by SilverOptimus, Mar 8, 2020.

  1. rendsora

    rendsora Well-Known Member

    Joined:
    Sep 22, 2017
    Posts:
    1,211
    Trophy Points:
    187
    Location:
    Kingdom of Wakanda
    Likes:
    +1,724
    Loved it when you go full-on pedantry mode! Lol
     
  2. Roadblock1977

    Roadblock1977 Well-Known Member

    Joined:
    Jun 8, 2011
    Posts:
    461
    Trophy Points:
    122
    Likes:
    +103
    Let's hope it never comes to that. Of course, if it does, they will be boycotted like Star Wars and Marvel over here.
     
    • Like Like x 3
  3. DarkEyes

    DarkEyes Well-Known Member

    Joined:
    Aug 20, 2006
    Posts:
    2,571
    Trophy Points:
    262
    Likes:
    +1,091
    You should expect delays in distribution. As every other industry, the toy industry is being affected by the coronavirus. Hasbro CEO informed about this situation some days ago.

    I'm particularly impressed for this action, usually companies are more focused in money than people. Good for Hasbro.
     
    • Like Like x 2
  4. Scypris

    Scypris Fire in another hole!

    Joined:
    Aug 21, 2011
    Posts:
    2,369
    News Credits:
    3
    Trophy Points:
    222
    Likes:
    +1,679
    Why don't we just close down the entire planet while we're at it. This is getting ridiculous..
     
    • Like Like x 5
  5. Michael Payton

    Michael Payton Well-Known Member

    Joined:
    Aug 10, 2016
    Posts:
    1,899
    News Credits:
    6
    Trophy Points:
    197
    Likes:
    +3,745
    This is just idiotic mass hysteria. You'd think Martians had invaded New Jersey again.

    China hasn't recovered. They just stopped announcing anything and hope they can con the world into thinking their flu is getting better. They have probably killed more of their own citizens thru sheer bureaucratic incompetence than the WuFlu would have done on its own. All because they don't want the world to know how they did it or how they're treating their own citizens like disposable cogs. Sweet Primus, even treating their people like actual slaves would be a step up from this, because slaves are valuable to their owners.
     
    Last edited by a moderator: Mar 14, 2020
    • Like Like x 3
  6. T-Hybrid

    T-Hybrid Team Lovehammer

    Joined:
    Aug 19, 2006
    Posts:
    17,482
    News Credits:
    34
    Trophy Points:
    337
    Likes:
    +15,460
    Yup. Any company that can operate remotely should instruct employees to do so. It decreases opportunities to spread and that's all we can do at this point.

    If we do it right, it will seem like we overreacted.
     
    • Like Like x 5
  7. Smitty.1981

    Smitty.1981 The Machine Wars Guy

    Joined:
    Apr 29, 2010
    Posts:
    14,887
    News Credits:
    4
    Trophy Points:
    312
    Location:
    Wichita Falls, TX
    Likes:
    +24,700
    At this point I think people are just trying to get some time off.
     
    • Like Like x 1
  8. YoungPrime

    YoungPrime DJD VET

    Joined:
    Nov 27, 2004
    Posts:
    8,587
    News Credits:
    2
    Trophy Points:
    337
    Likes:
    +6,031
    So let me guess..... Paramount practically never let Bumblebee talk in all but one movie, so in the Snake Eyes new film Snake Eyes will ironically never shut the hell up....?

    Well Jason did cancel all Friday the 13th practice's yesterday so you may have a point.
     
    Last edited by a moderator: Mar 14, 2020
  9. JohnRedcorn

    JohnRedcorn Well-Known Member

    Joined:
    Dec 22, 2010
    Posts:
    2,548
    News Credits:
    6
    Trophy Points:
    217
    Likes:
    +844
    My place of employment has implemented work at home policies. More than likely they may be working at home instead at office.
     
  10. AOEGalvatronRox

    AOEGalvatronRox Collector

    Joined:
    Aug 6, 2014
    Posts:
    1,578
    News Credits:
    2
    Trophy Points:
    197
    Likes:
    +4,324
    I’ve seen people (not on this site specifically) constantly talk about how companies care more about their profits than their employees. It’s absolutely ironic and hilarious to see, now that a company has chosen to put their employees first rather than profits, people rage because they might not get their toys (I’ve kind of always said that, while I love my fellow TF fans, this fandom was full of man children. It looks like I was right). It’s sad, but hilarious.
     
    • Like Like x 14
  11. Mobb One

    Mobb One Godmaster

    Joined:
    Jun 8, 2008
    Posts:
    2,677
    News Credits:
    2
    Trophy Points:
    262
    Location:
    Manhattan, NY
    Likes:
    +1,394
    Closing the offices is not surprising and a good move.

    Surprised there are frustrated people on here complaining about it. There are billion dollar companies who make far more in annual revenue than Hasbro and they have been instituting a wfh policy since last week, but no one will complain about that since they don't make toys.
     
    • Like Like x 9
  12. Philip164

    Philip164 Board Member

    Joined:
    Apr 26, 2010
    Posts:
    2,668
    News Credits:
    3
    Trophy Points:
    262
    Likes:
    +776
    Good move, over the last couple of days I have been constantly reminded about the Stupid Mayor from Jaws.
     
  13. Nevermore

    Nevermore It's self-perpetuating a parahumanoidarianised!

    Joined:
    May 14, 2004
    Posts:
    19,534
    News Credits:
    486
    Trophy Points:
    387
    Location:
    Germany
    Likes:
    +10,624
    I feel reminded of the equally stupid mayor from Batman's "Contagion" storyarc.
     
  14. pokemonsdoom

    pokemonsdoom Cultist of Unicron.

    Joined:
    Jan 31, 2009
    Posts:
    5,998
    News Credits:
    2
    Trophy Points:
    287
    Location:
    Trypticon Prison
    Likes:
    +11,662
    Ebay:
    I've seen a quote from MIB making the rounds recently
    "A person is smart, people are dumb, panicky dangerous animals."


    Just wanted to share that.

    Also could be worse, we could be reminded of Mayor Quimby from The Simpsons
     
    • Like Like x 1
  15. ZapRowsdower

    ZapRowsdower Offensively Off-brand

    Joined:
    Feb 5, 2014
    Posts:
    3,782
    Trophy Points:
    222
    Likes:
    +2,457
    Toy industry "could" be affected? :lol 
    Have you seen Hasbro's stock collapse? :cry 

    My guestimate: product delays, cancellations (or indefinite postponing), and definitely smaller toys (to cut costs).

    https://www.google.com/amp/s/www.wa...a-845d-e35b0234b136_story.html?outputType=amp

    I've learned TF fans neither invest in the stock market nor watch the news.

    If you did either, you might feel embarrassed about your comments.

    Treating this disease like a joke is like laughing about someone following you home. I get it: until you see the danger in front of you, you refuse to believe it. Unfortunately, when you wait for danger to find you, it's usually too late to avoid the harm. This "panic" is about prevention. That doesn't mean hoard all the TP you can, but it does mean you should avoid social contact, not travel to infected zones, and quarantine if feeling ill.
     
    Last edited by a moderator: Mar 14, 2020
    • Like Like x 10
  16. ZapRowsdower

    ZapRowsdower Offensively Off-brand

    Joined:
    Feb 5, 2014
    Posts:
    3,782
    Trophy Points:
    222
    Likes:
    +2,457
    Here you go:
    Here's what could really sink the global economy: $19 trillion in risky corporate debt - CNN

    The coronavirus is one Jenga block. I get it: it's insignificant among thousands in this tower. But just like the game, removing one Jenga block can send the entire tower down.

    The conversation on Wall Street is turning from "this could lead to a Recession" to "this WILL lead to a recession". Everybody remember that term? A recession is when companies have mass lay offs to help offset all that debt during a financial crisis.

    If the coronavirus does not come under control very soon, it's not illness you need to worry about. There's a very strong possibility of terrible economic impacts all over the world. Who knew the global economy was so fragile? Now you know.
     
    • Like Like x 3
  17. MrSoundwave64Z

    MrSoundwave64Z Well-Known Member

    Joined:
    Apr 26, 2013
    Posts:
    833
    Trophy Points:
    182
    Likes:
    +2,176
    Twitter:
    I think you guys will live if you don't get your toys for a little while... Human lives are more important and It's better to be safe then sorry. Hasbro made the right decision.
     
    Last edited: Mar 14, 2020
    • Like Like x 2
  18. Megatron118

    Megatron118 Excelsior! Moderator

    Joined:
    Jul 27, 2010
    Posts:
    10,341
    Trophy Points:
    277
    Location:
    Texas
    Likes:
    +14,911
    I’m sure Hasbro will bounce back from this. We all will. But good on them for taking the situation seriously.

    And to the people who think this is all overreaction...that’s the point. It helps flatten the curve so our healthcare system isn’t overwhelmed. There is no need to panic, but we should all do our part and care about one another. There are vulnerable populations that can and will be severely affected by this pandemic. As much as I want my Studio Series figures, toy production shouldn’t be the priority right now, wouldn’t ya say?
     
    • Like Like x 6
  19. Boople Barp

    Boople Barp Well-Known Member

    Joined:
    Oct 26, 2014
    Posts:
    582
    Trophy Points:
    182
    Likes:
    +1,140
    Instagram:
    Is anyone actually upset or "raging"? Seems like everyone is pretty okay with this.
     
    • Like Like x 2
  20. MrSoundmeister

    MrSoundmeister Bang,Bang Boom!

    Joined:
    Mar 27, 2010
    Posts:
    4,551
    Trophy Points:
    257
    Likes:
    +2,501
    I mean. Most of the people who work there are fine, and that's what matters in the long run.
     
    • Like Like x 1