Hasbro, Inc. is one of the world's largest toy and entertainment companies, founded in 1923 by Henry Hassenfeld and Hilal Hassenfeld as Hassenfeld Brothers in Providence, Rhode Island. Originally a textile and school supply company, Hasbro pivoted to toys in the 1940s and has since become a global powerhouse in play, entertainment, and gaming. The company's vast portfolio of iconic brands includes Transformers, My Little Pony, Monopoly, Play-Doh, Nerf, Power Rangers, Dungeons & Dragons, Magic: The Gathering, Peppa Pig, and GI Joe. Hasbro operates across multiple business segments including consumer products (traditional toys and games), Wizards of the Coast (tabletop and digital gaming), and entertainment. The Wizards of the Coast division, publisher of Magic: The Gathering and Dungeons & Dragons, has become one of Hasbro's most profitable segments, driven by strong growth in both physical and digital gaming. Hasbro's entertainment division develops content for film, television, and digital platforms, leveraging its rich library of intellectual properties. The company has produced successful film franchises through partnerships with studios, most notably the Transformers movie series. Hasbro employs thousands of people globally and distributes products in more than 130 countries. The company is also recognized for its corporate social responsibility efforts through the Hasbro Children's Fund and its commitment to sustainability in packaging and products.
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