BRK · Berkshire Hathaway Inc.
AI read · Neutral
The AI's read
Amazon MGM signed a deal to develop a Squishmallows movie with Jazwares co-producing. Jazwares is owned by Berkshire via the Alleghany acquisition. The brand has viral traction and strong licensing potential, so the IP could add royalty revenue and visibility. Jazwares was bundled inside Alleghany in 2022 and wasn't a highlighted reason for that buy, so this isn't a brand-new asset for Berkshire. Because Jazwares is a small non-core business inside Berkshire, the film is unlikely to move BRK materially soon. We lean neutral, monitoring licensing updates or explicit corporate commentary for any material change.