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Entertainment One posts wider first-quarter loss

Fri, 11th Oct 2019 07:40

Oct 11 (Reuters) - Canada-based independent entertainment
company Entertainment One Ltd on Friday posted a near
seven-fold wider first-quarter loss, hit by lower sales in its
film, television & music segments.

The company, which has agreed to be bought by Hasbro Inc
in August, said the loss before tax widened to 43.9
million pounds ($54.65 million) from 6.8 million pounds, a year
earlier.
($1 = 0.8033 pounds)
(Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by
Bernard Orr)

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