2023 has been a fruitful year for IPs, from video games to toys, the success of movies like "Barbie" and "The Super Mario Bros. Movie" has proven the fact that when done right, IP-based material can be a huge box office success.
Fans can expect more features based on popular toys and games that evoke a healthy dose of nostalgia while entertaining the contemporary audience. Now as Lionsgate has acquired Entertainment One’s (eOne) TV and film operations from Hasbro. The deal made for approximately $500 million is expected to close by the end of the year and one of the movies that comes out of it is the long-awaited Monopoly movie.
The sale will include the content library of approximately 6500 titles, along with active productions for non-Hasbro-owned franchises like "The Rookie", "Yellowjackets", and "Naked and Afraid" along with the eOne unscripted business.
Speaking of the sale Hasbro CEO Chris Cocks said that it “fully aligns with our strategy,” and assured that “entertainment remains a priority" for the company. He further revealed that Hasbro will continue to produce and develop entertainment lines based on its brands and remains committed to “bring to life new original ideas designed to fuel all areas of Hasbro’s blueprint.”
The Long Road to Monopoly Movie
A Monopoly movie has been long in development with Kevin Hart, Tim Story, and Ridley Scott attached at different points, though none came to fruition.
Given Barbie’s success, more and more toy-based movies are bound to come out though the creative choices behind these features are sure to influence how the audience responds to these projects. Currently, no director or actor is attached to Monopoly.
Speaking of the long-awaited movie and the company’s trust in the studio Cocks said, “Lionsgate’s management team is experienced in entertainment and adept at driving value, and we’re glad to have found such a good home for our eOne film & TV business. We look forward to partnering with them, especially on a movie adaptation of Monopoly.”