You will be redirected back to your article in seconds

Hasbro Names Lionsgate’s Michael Burns to its Board

Toymaker Hasbro has elected Lionsgate vice chairman Michael Burns to its board as an independent director.

“Michael’s financial acumen and extensive operational experience in developing and distributing award-winning original content make him an excellent addition to Hasbro’s board of directors,” said Hasbro chairman Alfred J. Verrecchia in a statement. “We welcome him to the board and look forward to working with him as we execute our content-led branded play strategy and explore new opportunities to deliver content directly to consumers.”

Hasbro made the announcement Thursday.

“The media expertise that Michael brings to Hasbro and our board is invaluable, and we believe that he will make a tremendous addition to our already strong board of directors,” said Brian Goldner, Hasbro president and chief executive officer.

Burns joined Lionsgate in 2000 and — with CEO Jon Feltheimer — has overseen its growth from a scrappy independent production company into a major studio with “The Hunger Games” and “Divergent” franchises, along with TV series such as “Mad Men,” “Nurse Jackie” and “Orange Is the New Black.” It currently has a market capitalization of nearly $5 billion.

Hasbro has partnered with Paramount in launching the ‘Transformers’ and ‘G.I Joe’ film franchises and with Universal on “Ouija.” It’s developing a “My Little Pony” movie and a live-action adaptation of the animated series “Jem and the Holograms.”

Hasbro explored buying DreamWorks Animation recently but those talks ended on Nov. 14.

Other media executives on the Hasbro board include Hearst Ventures’ Kenneth Bronfin, Leo Burnett North America CEO Richard Stoddart, Houghton Mifflin Harcourt Co. CEO Linda Zecher and former Viacom CEO Frank Biondi.

More Film

  • Quentin Tarantino

    Quentin Tarantino Documentary 'QT8: The First Eight' Scores Sales (EXCLUSIVE)

    Wood Entertainment has completed sales for France, Germany, Turkey, Italy and Russia for “QT8: The First Eight,” a documentary that chronicles Quentin Tarantino’s first eight films. The first buyers’ screening took place on Sunday at the Cannes Film Festival. Tarantino’s ninth film, “Once Upon a Time in Hollywood,” premiered at Cannes on Tuesday night. Producer [...]

  • 'Asbury Park' Doc Covers Bruce Springsteen,

    Film Review: 'Asbury Park: Riot, Redemption, Rock 'N Roll'

    A civic Phoenix story is promised and effectively delivered in “Asbury Park: Riot, Redemption, Rock ‘N Roll,” even if there’s little doubt that what much of the audience will be hoping for from this documentary is Bruce, the whole Bruce and nothing but the Bruce. The film satisfies a good portion of that craving with [...]

  • Timothy Olyphant Once Upon a Time

    Timothy Olyphant Explains Why He Did 'Hitman' Movie

    The 2007 film adaptation of the “Hitman” video game franchise is … not good. It received a score of 15% on Rotten Tomatoes, with many critics panning its incoherent plot and terrible dialogue. So, why did actor Timothy Olyphant take on the lead role as Agent 47? He had a mortgage to pay, he told [...]

  • Daniel Craig

    Daniel Craig to Undergo Ankle Surgery After 'Bond 25' Injury

    Daniel Craig will undergo ankle surgery after sustaining an injury while filming “Bond 25.” “Daniel Craig will be undergoing minor ankle surgery resulting from an injury sustained during filming in Jamaica,” the franchise’s official Twitter account posted. “Production will continue whilst Craig is rehabilitating for two weeks post-surgery. The film remains on track for the [...]

  • Oh Mercy

    Cannes Film Review: 'Oh Mercy'

    It takes more than just watching “Oh Mercy” to understand exactly why Arnaud Desplechin was drawn to the subject matter of his latest movie, a reasonably engrossing police procedural with roots in a 2008 TV documentary. Something of an unexpected detour in the veteran director’s weighty career, the film combines multiple strands to paint a [...]

  • Spielberg's Amblin Chief Jeff Small on

    Listen: Spielberg's Amblin Chief on Making 'Movies in the Middle'

    With the sequel “A Dog’s Journey” now in theaters, Amblin Partners continues to find ways to release the kind of films that aren’t typical of what dominates American multiplexes these days. An follow-up to the 2017 surprise hit “A Dog’s Purpose,” “Journey” is just another example of the cinematic strategy evident at Amblin, the production [...]

More From Our Brands

Access exclusive content