
Earlier this morning, Hasbro held their 2019 2nd Quarter Financial Results conference call to investors and press. TFW2005 staff attended live online to learn more about the Transformers brand and what lies ahead in the future.
Deborah Thomas; Hasbro’s Chief Financial Officer spoke highly of the Bumblebee Movie during the Q&A session:
“Well, what you’re seeing in the quarter is that some incremental expense associated with production content and primarily with Bumblebee. But our full year expectation on that line is up slightly from last year. But we are expecting the full year to be about 1% to 1.5% of company revenues. We actually anticipate our revenue share from film and home entertainment to begin in the second half of this year. And if you recall, we had thought, based on earlier estimates we received, it wouldn’t come until very late in the year or in 2020.
So we’ve already recorded meaningful revenue and profit from the merchandise and toys and games and Consumer Products and digital gaming associated with the film. And now, we’ll start to see the revenue and the amortization.
So we’re very happy with the financial return on our investment. But also, more importantly, the longer-term benefits this film has brought to reset the franchise and all of its storytelling go forward.”
So it seems as though, whatever that is next in line; in terms of Transformers Live Action Movies, would follow the footsteps of Bumblebee. At least for Hasbro.
Brian Goldner also mentioned that revenue from Transformers franchise is good for the year to date and that they are looking forward to Transformers: War For Cybertron on Netflix.
You can check out a small infographic regarding Hasbro’s 2019 Q2 results, attached with this news post.
TheCianinator
That's where I was positive that The Last Knight was going, and the fact that they expected audiences to stick around through multiple movies to get to that point is asinine. No wonder the movie was a financial disappointment.
Alphard
The Netflix series being referred to as "War for Cybertron" instead of the earlier-reported Siege is interesting. I bet we're gonna see WFC's line and the cartoon premiering closer together, which is something Prime Wars definitely seemed to struggle with. (Makes me wonder how late into production Prime Wars was conceived for it to have appeared so late in the timeline of releases)
Also I know we don't need any more evidence to conclude that BB is essentially the "reset button", but it's nice to hear that Hasbro is feeling refreshed with the franchise because of it. Makes me wonder if there was no news about the next TF movie at SDCC because they are really waiting for Travis' schedule to be clear and working on worldbuilding the new story told by the movies.
It's nice they're doing this near the beginning instead of more than halfway through the movies' lifecycle last time.
Gingerchris
I think the only thing they could've reasonably done was have the Autobots and humans try to oust Unicron's consciousness from Earth only for it to instead transfer to the broken Cybertron which was still tethered to Earth. Then the Cybertron pieces come back together and reformat into a Unicron that can transform and potentially attack Earth. The Autobots and humans then defeat Unicron leaving one of two endings: either Cybertron destroyed and Transformers creating a permanent settlement on Earth (possibly a large fallen Cybertron/Unicron chunk out in the middle of the ocean like a metal island) and everything ends with an uneasy peace and a hopeful future of coexistence OR Unicron's mind is purged from Cybertron and destroyed, leaving the metal planet restored and ready just outside the solar system for the Transformers to go live on it again while still staying in contact with Earth and potential future adventures. Maybe Cybertron and Transformers fall into myth after that and future generations of humans just see it as an old story that never really happened. Until a century or so later robots perhaps come calling again.
That's about the best I would hope for anyway to bring things to an end regarding the BayFormers universe and Unicron.
JD The Last Autobot
Bayverse is dead!
TFXProtector
There's something to be said for this, too. We tend to neglect such things when we're caught up in the moment. Thank you for the clarity.
Memph99Q4Ev
I knew it wasn\'t a coincidence we were seeing so many Bumblebee products and figures being continuously released…
CleverNamePendingatron
Everyone else is having these big in depth discussions about Hasbro's finances and what it means for the future of the Transformers film franchise, and I'm just sitting here like "Oh, Power Rangers and Transformers in the one banner. Cool!"
SilverOptimus
You are welcome.
Yes, what a time to own Hasbro stocks.
G1Optimal
I wish they would bring out redesigned modern vehicle playsets for gijoe as it was the main thing that got me into gijoe back in the 80’s
since they no longer make these types of products for gijoe i have not been interested in that toyline
ZapRowsdower
I thought it was very amusing: Paramount thought it would have another huge success in China (with TLK) by… leaving the Chinese completely out of the movie?
The whole problem came about because of all the lawsuits from China after AoE. I feel like Bay/Paramount just chose to avoid China as a result (either in bitterness or in stupidity).
But all of that aside, my main criticisms were that Bay TF movies are all the same: looking for some doohickey, random explosions and janky camera, blah blah blah. I am not learned enough to make the argument better, but I'm paraphrasing comparisons others have made here. In reality, I find Bay movies to be so badly done, I can honestly say I forget the plot as soon as I leave the theater. That is, if I understood the plot to begin with (Spoiler Alert: I didn't!).
Back on topic, and relating to this criticism of Bay movies, I found it interesting that Goldner BARELY mentioned TFs in his interview on Mad Money. Maybe it's normal, but I think TFs were a bigger deal 10 years ago. In other words, whether or not you love the Bay movies, it's obvious that they have overstayed their welcome and have hurt the brand in recent years.
I think this is reflective in the last waves of Bay movie toys, where Hasbro settled for a bunch of re-releases (TLK line) rather than spend on new molds. The half-assed approach led to terrible sales of TLK toys (at least in the Generations line).
It may be like Gap said in their last earnings call: we had bad product so we didn't bother marketing it.
I'm not saying Hasbro sabotaged TLK on purpose, but it's possible they had so little belief in the product that they didn't spend more on the toy line. Or maybe they took the Generations budget and put it on the 1-steps or other products. I don't know.
ZapRowsdower
Ooooh… huh. Thank you for that!
That was quite informative. I was thinking the toy sales would show up sooner in their revenue, but a lot of what you say made sense. Huh.
I'm kinda sad I confused the date of the earnings call and missed the stock jump entirely!
But from what Goldner mentioned on that Mad Money interview, it sounds like the rest of the year will be even better for Hasbro (i.e. a ton of Disney movies this year!).
kaijuguy19
Look guys can't we all just stop the whole Bay fan vs Anti Bay fan arguments all ready? This is Hasbro's chance to really hit it big with the movie franchise right now and possibly make it so that both sides have a common ground like what the Bumblebee movie did for a lot of people. Do you guys really want to ruin it by still bringing up the sore spots in the past both for the movies as well as both sides of the fandom?
To the Bay Movie fans sure I totally get being annoyed at how the movies are being changed to being more like the thing the Anti bay fans have been screaming at the top of their lungs about and in a a time where Hasbro's been pushing for more G1 stuff it feels like we have less options for those who are getting both burnt out and sick of it but going crazy in return isn't going to change that nor will getting nasty at the haters will make your frustrations look understandable. Not to mention that whatever we like it or not the movies couldn't go forever doing the things people rage at them for doing and expect to keep making money. It had to change one way or another so why not be happy of what we were able to get a that end of it all? I know I am. Besides we still have Studio Series giving us figures that are both more movie accurate and some haven't gotten yet so it's clear Hasbro hasn't forgotten the original movie fans.
To the Anti Bay Movie fans I also get that you want the TF movies to be better,respectable,and well written but being mean spirited and insulting over the years about the films and to a lot of their fans makes you look just as insufferable as the people you find insufferable behind them. What doesn't help that ever since the Bumblebee movie came out you guys acted like such poor winners at the people who prefer how the original Tf designs looked along with the new direction Hasbro's taking with them. I know some of you will say "Well those whiny bay fans deserve being told to accept and move on like they did to us so w'ere fully justified in doing so!" but has it ever occurred to you that by playing their game you're ending up being just as immature as the Bay fans who did it to you? For crying out loud you're now getting what you wished for and Hasbro's going along with it so isn't that enough? Can't you be more civil and respectful to the other side on this? For some of them it was their G1 and you're doing the same thing that you felt the Bay movies did to your childhood.
So on that note that's my giant take on the argument. I'm sorry if what I said angered someone and if anyone hear wants to tell me that go right ahead. As for the article itself I do wish Hasbro the best of luck that what they'll be doing for the movies from here on out will continue to do what made the Bumblebee movie good to begin with and make more movies that everyrone can get on board with.
bellpeppers
I’m a Bay fan, but I’m one who see’s – and appreciates- both sides of the issue.
That said, when an anti- Bayformer tells a Bayfan to “accept this and move on” they are merely giving the Bayfan a taste of some of the shit that’s been given to them over the years.
Hanzkaz
And that's been my belief all along. Unfortunately the guys making the earlier ones didn't share that view.
Bumblebee was directed by an Transformers fan who found himself in a position to do what he wanted. I'm a bit worried the Paramount old guard may still find a way to sabotage the next one.
Decepticon Miner
I like to call it "The Last Shitfest.' Simply because of the shitstorm it caused within Paramount and the loss of so much money. It legit was a shitfest.
Autobot Burnout
I prefer 'The Last Failure' because, hilariously, all it had to do was not fail…and it did so in such a way that nobody in their right mind would think a sequel was even remotely possible without Paramount deciding that surefire suicide was a sound business plan.
Decepticon Miner
Anything involving the use of faeces would be the perfect title.
Matty
As many have pointed out, 10 years were already largely wasted. I speak as a fan of the movie franchise. I've said it for years, the movies could have and should have been so much more than what they are/were. Bumblebee gave me hope.
A glorified accountant … ouch.
Yeah. Quoted for truth.
Venixion
Well, you've got a good point there.
MengHao
I watched TLK on netflix, the plot was all over the place. The knight thing was weird as well.
Bumblebee was ok. It felt like a lifetime movie at certain sequences but ok overall.
. Definitely better than tlk overall