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Hasbro, Discovery Join to Launch Kids Channel

Toy maker plans to use kids network to promote merchandise

By Nick McMaster,  Newser Staff

Posted May 1, 2009 12:56 PM CDT

(Newser) – Hasbro and Discovery have struck a deal to revitalize the flagging Discovery Kids Network, the Los Angeles Times reports. Hasbro, manufacturer of Transformers and GI Joe, will buy a 50% stake in Discovery Kids for $300 million. The company plans to emphasize merchandise based on...   Read full story »

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