Hasbro Inc. has pushed into the entertainment industry again with a stake in a cable-TV network aimed at kids.

The $300-million investment made April 30 to create a joint venture with cable-TV programmer Discovery Communications is the latest in a series of moves by the Pawtucket-based toy maker in recent years in the world of electronic media.

Full Story: Transforming Hasbro: The toy maker increases its presence in electronic media Source: Providence Journal, May 8th, 2009 Author: Paul Grimaldi Added on May 8th, 2009 at 10:18 am, by Matt Mikula