Brian Goldner, Hasbro’s chairman and CEO announced that the new G.I. Joe movie in the works along with Paramount is now targeting a theatrical release next year after initially eyeing an October 2020 roll-out delayed by the coronavirus pandemic.
This announcement was made during an analyst call that second-quarter financial results fell short for earnings and revenue as the coronavirus pandemic caused production delays, hitting its Entertainment One film and TV division, and delays in its movie releases amid cinema closures.
"We're working out the specifics with Paramount," Goldner told analysts. Lorenzo di Bonaventura, who produced Snake Eyes: G.I. Joe Origins and is also producing various projects based on Hasbro's Transformers brand, will produce the relaunch of the franchise with Hasbro's arm, Allspark Pictures.
Source:
The Hollywood Reporter