Operator
Welcome to the Q1 2021 Roku earnings conference call. My name is John. I ll be your operator for today s call. [Operator instructions] And I will now turn the call over to Conrad Grodd.
Conrad Grodd
Vice President, Investor Relations
Thank you, operator. Good afternoon, and welcome to Roku s financial results conference call for the first quarter ended March 31, 2021. I m joined on the call today by Anthony Wood, Roku s founder and CEO; Steve Louden, our CFO; and Scott Rosenberg, senior vice president, general manager of our platform business, who will be available for Q&A. Full details of our results and additional management commentary are available in our shareholder letter, which can be found on the Investor Relations section of our website at ir.roku.com.
Hasbro Agrees To Sell Entertainment One Music For $385M
Kailas Salunkhe- April 27, 2021, 8:19 AM EDT SHARE ON:
Play and entertainment company Hasbro Inc. has agreed to sell Entertainment One Music (eOne Music), an independent music business, for an aggregate price of $385 million in cash. Hasbro is selling the business to entities that are controlled by Blackstone (
BXMT), which also owns music rights organization SESAC.
Upon the closing of this transaction, eOne Music will function as a separate entity, led by its current Global President, Chris Taylor. The unit will focus on developing a creator-first brand that will have global reach and expertise.