Hasbro is making big strides to advance their very own film company division by hiring veteran film producer Greg Mooradian to oversee the young venture.
As president of Allspark Pictures, the producer will manage both the company’s film and TV projects starting this January.
Paramount will still be the one to develop any movies with the aforementioned characters, while Hasbro serves as a producer.
Hasbro has a long relationship history with Paramount, as the latter has long served as distributor for their films.