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Benzinga
Benzinga
Business
Shivani Kumaresan

Hasbro Renews Licensing Deal With Disney For Star Wars

HAS Hasbro Indiana Jones
  • Hasbro Inc (NASDAQ:HAS) has extended the relationship with  Walt Disney Co's (NYSE:DIS) subsidiary Lucasfilm, renewing its licensing deal for Star Wars.
  • The company has also signed a new agreement to develop products based on the Indiana Jones franchise. 
  • The Indiana Jones line by Hasbro will be available in the U.S. in 2023, aligning with the release of the new Indiana Jones feature film.
  • Hasbro last produced Indiana Jones toys in 2008, when Indiana Jones and the Kingdom of the Crystal Skull was released.
  • Related Content: Mattel Inks Multi-Year Licensing Agreement For Disney Princess And Frozen Franchises
  • Price Action: HAS shares are trading lower by 1.75% at $93.91 on the last check Wednesday.
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