DreamWorks, Hasbro talk merger

DreamWorks has been trying to buy and merge with companies for awhile, and this time, it might happen.

In September, DreamWorks was in talks with Softbank, a telecommunications and Internet company from Japan, about a merger or a buyout. However, these talks didn’t surface to any action, and the deal wasn’t signed. Now, the movie company is in talks with Hasbro, a Rhode Island based game maker.

DreamWorks, a movie company made in 1994 under the name DW Studios, LLC., has made many popular and money-making movies. These signature movies include: “Shrek,” “Madagascar,” and “Kung Fu Panda” series. However, other movies, like “Turbo,” did not reach money expectations.

Hasbro, created in 1923 by the Hassenfeld Brothers, is the maker of many popular games that are played by millions of families. These familiar games include “Monopoly,” “Scrabble,” “Nerf,” and “Mr. Potato Head.” Hasbro also makes toys for Disney, which is a competitor of DreamWorks. Toys were made for the hit series “Star Wars” and the movie “Angry Birds.”

Merger talks made analysts and stock buyers very happy. DreamWorks’ profits for the third fiscal quarter overcame Wall Street predictions, when they reached $11.9 million. In addition, DreamWorks’ stock jumped almost 28% to $28.50 even before stocks opened for the day. Hasbro met their predictions at around $180 million.

A merger between these two companies could really shake up the toy and movie industries if there is an agreement.