Hasbro Renews Licensing Deal With Disney For Star Wars

Hasbro Inc HAS has extended the relationship with Walt Disney Co's DIS subsidiary Lucasfilm, renewing its licensing deal for Star Wars.
The company has also signed a new agreement to develop products based on the Indiana Jones franchise.
The Indiana Jones line by Hasbro will be available in the U.S. in 2023, aligning with the release of the new Indiana Jones feature film.
Hasbro last produced Indiana Jones toys in 2008, when Indiana Jones and the Kingdom of the Crystal Skull was released.
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Price Action: HAS shares are trading lower by 1.75% at $93.91 on the last check Wednesday.