Benzinga | Jan 26, 2022 11:26AM EST

Hasbro Renews Licensing Deal With Disney For Star Wars

* Hasbro Inc (NASDAQ:HAS) has extended the relationship with Walt Disney Co's (NYSE:DIS) subsidiary Lucasfilm, renewing its licensing deal for Star Wars.

* The company has also signed a new agreement to develop products based on the Indiana Jones franchise.

* The Indiana Jones line by Hasbro will be available in the U.S. in 2023, aligning with the release of the new Indiana Jones feature film.

* Hasbro last produced Indiana Jones toys in 2008, when Indiana Jones and the Kingdom of the Crystal Skull was released.

* Related Content: Mattel Inks Multi-Year Licensing Agreement For Disney Princess And Frozen Franchises

* Price Action: HAS shares are trading lower by 1.75% at $93.91 on the last check Wednesday.