Hasbro declined to comment on the move to end UK theatrical.
The top 34 movies all came from the five major U.S. theatrical studios.
eOnes demise is a case in point.
Universal’s ‘The Fabelmans’Merie Weismiller Wallace/Universal Pictures/Everett Collection
Neither ignited with audiences.
The backdrop in the UK is stark.
Fellow cinema chain Empire Cinemas is also entering administration and looking to sell multiple sites.
Meanwhile, arthouse cinema is increasingly under pressure.
eOne maintains a UK TV and home ent presence but its not clear for how much longer.
Managing Director in the territory is Kezia Williams who remains in place.
As werevealed earlier this week, Lionsgate is in poll position to take over what remains of the company.
Hasbro bought eOne in 2019 for $4BNbut it has been a struggle since then for the Canadian firm.
Hasbro previouslysold eOnes music businessto private equity firm Blackstone in 2021 for $385 million.
