Elon Musk Hints at Buying Hasbro
Thursday, November 28th, 2024 9:28PM CST
Categories: People News, Company NewsPosted by: william-james88 Views: 38,633
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Now, were it literally anyone else in the world, a comment like that could and would be completely ignored. BUT Elon Musk is the richest man in the world and has bought massive corporations out of spite (Larry David style). Probably nothing will come of this, but it was interesting that the richest man in the world was at odds with the company that owns our beloved Transformers franchise.
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Posted by Kyleor on November 28th, 2024 @ 9:51pm CST
Posted by Silver Wind on November 28th, 2024 @ 10:16pm CST
Posted by Gauntlet101010 on November 28th, 2024 @ 10:44pm CST
Posted by alphatron10 on November 28th, 2024 @ 11:17pm CST
Posted by Rodimus Prime on November 29th, 2024 @ 12:22am CST
Real question is, if this were even remotely serious, what would he do? Get involved in the nitty-gritty of the IP catalog, or focus on having better distribution, which Hasbro does need? Or besides taking a personal interest in D&D, will he just stick to the boardroom?
He does have Tesla to run, also that animal torture place called Neuralink, and he's supposed to be an advisor (or actual cabinet member) to President Trump starting in January. Will he have the time?
Posted by Glyph on November 29th, 2024 @ 4:47am CST
Best I can tell this is just standard chan-board-level trolling from Musk in his downward spiral. God I will be glad when I never have to hear his name again.
Posted by Nemesis_1982 on November 29th, 2024 @ 5:01am CST
Just what we need, the guy who can't handle running Twitter ruining the entire Hasbro IP catalog...
I'm not too sure that Musk is doing a bad job with X. I mean, the lame stream media is bit by bit receiving more and more slander by the crowd, they finally recognize the msm for what it has been for decades; a lying government indoctrination machine.
The 'European Federation of Journalism' counting 320.000 members, has just decided to go away from X, apparently due to the reason of X being a wild west for disinformation; we know better don't we?
They can't handle the fact that the crowd is finally seeing the BS that msm has been spreading for many years. --> GASLIGHTING 3.0
Freedom of speech is slowly coming back and the msm is terrified by it, losing control of crowd manipulation!
The mass is bit by bit waking up from all the lies... and Musk is giving the crowd that chance.
Posted by Lunatic Prime on November 29th, 2024 @ 5:11am CST
The way he handled twitter could mean that if Transformers are not profitable he'd just kill the Franchise.
On the other hand he might do a smart and good move and just sell the rights for the IP (temporarily).
Posted by ScottyP on November 29th, 2024 @ 8:35am CST
Folks, please keep this focused on Transformers and put down your rage bait pens or this is getting locked and bans are happening. Thanks.
Posted by Dark Starscream on November 29th, 2024 @ 10:31am CST
Nemesis_1982 wrote:As stated by Kyleor:Just what we need, the guy who can't handle running Twitter ruining the entire Hasbro IP catalog...
I'm not too sure that Musk is doing a bad job with X. I mean, the lame stream media is bit by bit receiving more and more slander by the crowd, they finally recognize the msm for what it has been for decades; a lying government indoctrination machine.
The 'European Federation of Journalism' counting 320.000 members, has just decided to go away from X, apparently due to the reason of X being a wild west for disinformation; we know better don't we?
They can't handle the fact that the crowd is finally seeing the BS that msm has been spreading for many years. --> GASLIGHTING 3.0
Freedom of speech is slowly coming back and the msm is terrified by it, losing control of crowd manipulation!
The mass is bit by bit waking up from all the lies... and Musk is giving the crowd that chance.
Big difference between free speech and hate speech. That's possibly why X is in free-fall:
We don't need Elon's politics mixed up with Transformers, even if a huge injection of funds might be helpful to Hasbro's sustainability.
Posted by Gauntlet101010 on November 29th, 2024 @ 11:52am CST
From the sounds of it he's only interested in D&D, so the best we could hope for is a benign neglect where he mostly lets TF do what it wants because he doesn't care about it. At worst he seems little value in TF and runs it into the ground.
I may not like what Hasbro's been doing as a whole lately, but as far as TF is concerned we've been treated pretty well. To trade that for a guy who just likes D&D and not any other brand seems terrible.
Posted by blackeyedprime on November 29th, 2024 @ 11:58am CST
Posted by Bumblevivisector on November 29th, 2024 @ 1:40pm CST
Contrary to any posts advancing the B.S. narrative that everyone critical of Musk's handling of Twitter/X are against his "support of free speech" and politics, the reason people have been abandoning X in fresh droves over the past few weeks is his decision to sell user data to third parties for use in training A.I. bots, sparking privacy concerns. Now Musk suggests the possibility of buying Hasbro due to interest in it's gaming division, shortly after Chris Cocks announces plans to shift the company's focus to online gaming over physical products.
Put all those factors together, and Musk buying Hasbro any time in the near future seems like exceptionally bad timing. Hasbro's marketing is going to have to spend the next few years convincing parents that their gaming platforms will be safe for their kids to use, and even if they do set up the necessary safeguards, Musk's handling of Twitter will just undermine those efforts if he owns Hasbro, regardless of how much or little meddling he actually does.
Not being much of a gamer, I'm not crazy about Cocks's new direction for Hasbro, but I certainly don't want his grand plans to backfire so spectacularly that it hurts the company enough to affect our most beloved brand.
Posted by william-james88 on November 29th, 2024 @ 2:17pm CST
Bumblevivisector wrote:And in the inevitable polarization of any mention of Elon, one relevant point has been missed so far.
Contrary to any posts advancing the B.S. narrative that everyone critical of Musk's handling of Twitter/X are against his "support of free speech" and politics, the reason people have been abandoning X in fresh droves over the past few weeks is his decision to sell user data to third parties for use in training A.I. bots, sparking privacy concerns. Now Musk suggests the possibility of buying Hasbro due to interest in it's gaming division, shortly after Chris Cocks announces plans to shift the company's focus to online gaming over physical products.
Put all those factors together, and Musk buying Hasbro any time in the near future seems like exceptionally bad timing. Hasbro's marketing is going to have to spend the next few years convincing parents that their gaming platforms will be safe for their kids to use, and even if they do set up the necessary safeguards, Musk's handling of Twitter will just undermine those efforts if he owns Hasbro, regardless of how much or little meddling he actually does.
Not being much of a gamer, I'm not crazy about Cocks's new direction for Hasbro, but I certainly don't want his grand plans to backfire so spectacularly that it hurts the company enough to affect our most beloved brand.
I've been mulling over writing another article about Cocks and how he wants Hasbro to change. It's extremely compelling stuff for the future of the company with some crazy drastic steps being taken by Hasbro in 2025, like having Playmates design and make toys of Hasbro properties instead of it being Hasbro themselves. However, there hasn't been mention of Transformers anywhere. No plans for that brand within their investments in gaming, nor in their foregoing of manufacturing toys. Maybe I'll write it closer to the new year in a summary/look towards the future type of thing. Hasbro is really going places we never expected, it's just unclear where Transformers sits in all this where it seems more status quo while everything around it changes.
Posted by SpaceEagle on November 29th, 2024 @ 3:04pm CST
Posted by Solrac333 on November 29th, 2024 @ 6:21pm CST
Posted by Dino-Snarl on November 29th, 2024 @ 8:43pm CST
Posted by alphatron10 on November 29th, 2024 @ 11:36pm CST
Solrac333 wrote:I am so sick of this guy. I would really have no problem just stopping collecting Transformers if that happens. I pretty much stopped getting Marvel Legends and Star Wars Black series already.
So stunning and brave of you