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Thread
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MarketWatch Report: Hasbro Second-Quarter Profit
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07-26-2007, 01:04 PM
Shin Densetsu
VALKYRIE
Join Date: Jul 2003
Location: Over the rainbow where your mom is at son
Posts: 23,515
Quote:
Originally Posted by
flash70
" HAS30.80, -1.76, -5.4% ) said. Sales rose 31% to $691.4 million.
Costs to buy warrants for Hasbro's common stock from Lucasfilm Ltd. and Lucas Licensing Ltd. totaled $36.5 million"
Right here it sounds like like the blame game on Hasbro's part. I think a toy company should just get to the point and make really good toys. I seen some of the new stuff coming out for marvel legends and spider-man action figures...I am personally not at all pleased. Then the blame game on Lucas ...oh we could of made more money but we had to pay lucas his cash...ah too bad. Why don't you get of your high horse and make some great kick ass toys instead. The new Transformers movie helped out alot and the new G.I.*JOE 25th Annie figures are another great move in the right direction. Lets keep going that way! I 've been a fan of Hasbro since my first 12' G.I*JOE's and I will continue to be. However, I don't want to hear the whinning "why they didn't make more money". Just pick yourselves up and continue to make great product!
They aren't lying about Lucas however. They do have to pay him a lot of money for royalties and other expenses, this time however its more expensive since they are trying to prevent him from taking stock, which would have given him more money from them than he already has(which is already a lot). Thats why star wars figures cost more than the new joes, even if construction is very similar with less articulation. Thats why some vehicles are sold for up to $5 more than they should be.
As far as the new MLs, some of the ones people complained about initially were designed by Toybiz. Waves 1-2 may have been designed primarily by Toybiz. People complain about the increased price and lack of comic for Hasbro ML. Toybiz or Marvel Toys' new Independent comic line is the
exact
same price and also
lacks
a comic. So what Hasbro did, was what Toybiz was hinting at doing not long before the license was handed to Hasbro. Toybiz at one point was thinking about dropping the comics from the figures. Before the license traded hands, they were also talking about the high price of petro, and how it was more expensive to make the figures. Everyone complains about how toybiz did things better. In many cases what hasbro is doing now isn't different from what toybiz didn't do. If I remember correctly, even toybiz was thinking about going to a smaller scale (5"). Sure there are growing pains with each line, but the Comic Hulk waves(2), the new Icons, the 6" comic FF wave, and ML4 look great. People complained about the 5" movie figures. Later this year(as was revealed months back), Hasbro is putting out 6" FF and Spiderman 3 waves. Heck for 8" sigma 6 fans, theres even Spiderman Unleashed 360 figures in 8" scale utilizing joints from the super articulated S6 figures, with bases. There is something for everyone. Most collectors did not like the 5" scale. However the 5" scale was for kids. The 6" stuff is more geared towards us. We are getting those. If we are getting what we want, and kids are getting what they want, why should we complain about what kids are getting, if we are already getting what we want? Thats how I look at it.
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