If a disney buy out of Hasbro were to happen.Onslaught Six wrote:It doesn't work like that though--Hasbro and Takara jointly own the TF stuff. Hasbro owns the characters and can pretty much do whatever they want with them. Takara only really helps with the toys and the media that's developed on their side of the pond. If Hasbro says, "Michael Bay is making a fourth movie," Takara just goes, "Well, I guess we have to make the toys, then."
Technically Hasbro doesn't own the Transformers,they liscense it from Tomy-Takara. So if Disney bought out Hasbro,Takara could refuse to make TF toys for disney.
Similar to the 1990's,When Hasbro bought out kenner. Hasbro didn't own any of the early 1980's Gobots toys molds. Hasbro just owned the patent rights to the gobots brand name & the patent rights to all the gobots characters names. Hasbro didn't even own any of the master molds for the early 1980's gobots toys,since Bandai owned them & liscensed them to kenner for a limited contract time frame.
What Disney can do is contact another toy manufactor & have them make brand new Transformers toy mold. if they bought out Hasbro & Tomy-Takara refuses to make TF toys for them. Disney owns the patents rights to the Transformers brand name & patents to the TF characters. Disney can create newer cartoons/movies/comics featuring the Transformers character names & brand patents they bought,but the Transformers toys would need to be all brand new molds that disney helped create.
Disney if they bought out Hasbro would not be allowed to re-issue or re-release any older transformers toys that hasbro helped create.
As far as older Transformers media like the comics,cartoons & movies,these will always be known as Hasbro creations. because they will always have the hasbro words on the products. disney might be able to buy some of the media rights to re-release stuff but it would be too costly & after hasbro takes their fees,their wouldn't be enough profit for disney to justify the production cost,time+effort.
Disney by law would not be allowed to edit the Hasbro brand name out ofg the media products & enter the Disney name in hasbro's place.

