__New play-date for the Power Rangers...__ This one's with [Peppa Pig](https://www.peppapig.com/), the British kids show featuring alliteration-enabled animal characters. Toy icon __[Hasbro](https://robinhood.com/stocks/has)__ will is paying $4B for the company behind the cartoon, __Entertainment One__. Fun side fact: In addition to Peppa, Entertainment One also owns Death Row Records, the production company behind Dr. Dre.

__Peppa's got a passport for China...__ (stamped regularly). The Blues Clues-meets-Mary Poppins character is translated into 40 languages. But to Hasbro, she's a "Beachhead to go into China for many years to come.”

- She's been in China since the mid 2000s — and was temporarily [banned](https://www.independent.co.uk/news/world/asia/peppa-pig-ban-china-childrens-tv-cartoon-gangster-douyin-a8332846.html) once for "promoting gangster attitudes."
- Now she's [loved](https://www.npr.org/sections/goatsandsoda/2019/02/05/691501906/why-its-the-year-of-peppa-pig-in-china) by the People's Liberation Army (they do these military formations in the cartoon's honor).
- And she's got a spot on China Central Television (that's the state-owned channel).

Play

__"Disneyfication" is the future of entertainment...__ Hasb-rival __[Mattel](https://robinhood.com/stocks/MAT)__ is transforming Barbie from toy-to-franchise with her own real-life [movie](https://variety.com/2019/scene/news/margot-robbie-on-playing-barbie-it-is-a-great-opportunity-to-put-some-positivity-out-in-the-world-1203276988/) starring Margot Robbie. Hasbro wants a similar profit ecosystem with Peppa. But Hasbro stock had fallen as investors weighed the hefty price tag for the strategy — turns out __[Disney](https://robinhood.com/stocks/DIS)__ paid the same sum to get Star Wars back in 2012 as Hasbro splurged for Peppa.

Hasbro drops $4B on a kids TV program (and it got some rappers)

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__Take one and call us in the morning...__ Mega drug company __[Johnson & Johnson](https://robinhood.com/stocks/jnj)__ was handed a verdict by an Oklahoma judge: *pay the good people of the state $572M for what you did*. 

- __The crime:__ J&J was over-selling Oklahomans about the application of its prescription pain medications and under-warning about the risk of addiction. 
- __The damage:__ In 2015, 326M opioid pills were prescribed in the state — that's enough for each adult to have 110 pills. And [6K died](https://www.npr.org/sections/health-shots/2019/08/26/754481268/judge-in-opioid-trial-rules-johnson-johnson-must-pay-oklahoma-572-million) from overdoses since 2000.
- __The penalty:__ $572M. But it's way less than the $17.5B the state's Attorney General pushed for.

__It's over for J&J in Oklahoma...__ But the legal tour goes on. Next is Cleveland, where a bunch of drugmakers and distributors suit up for another courtroom trial. J&J investors were pleased about the smaller-than-expected dent in the company's bank account — shares rose 3% despite the half-a-billion dollar fine.  

Judged

__Dirty corporate deeds will chase you for years...__ Johnson & Johnson's exited many of its opioid-dealing businesses. But its drug marketing has left huge emotional and physical wounds — these cases call it a "public nuisance" — which are now facing lawsuits in civil court. Fyi, over 2K other opioid cases remain.

The 1st big corporate opioid lawsuit: Johnson & Johnson got off not too bad

__Movie night! (*Unless it rains*)...__ That's the reality for '80s babies who grew up with a satellite dish. __[Dish Network's](https://robinhood.com/stocks/DISH)__ stock just enjoyed a "buy" [recommendation](https://www.cnbc.com/2019/08/26/dish-shares-climb-after-analyst-declares-an-opportune-time-to-buy.html) from a Wall Street analyst — only a month after it was hit with a "sell" recommendation. That made us want to sit down, kick off our shoes, and take a look at the satellite OG.

__While you were enjoying *Clueless* on Netflix...__ Dish Network realized it needed a makeover. 

- __The old Dish = *Pay TV*:__ It literally owns satellites that orbit the earth, sending signals to the dish jiggered to grandpa's garage. That biz has shrunk for years from cord-cutting.
- __The new Dish = *Wireless*:__ It's gearing up to launch 5G service for the Internet of Things ➡️ Connect your appliances so they buzz your phone when the wash cycle finishes. Dish is also acquiring Boost Mobile as part of the Sprint/T-Mobile merger.

Redefine

__Pay TV companies are evolving gorgeously fast...__ Just look at __[AT&T](https://robinhood.com/stocks/T)__: it's evolved from its landline past, acquired Time Warner, now owns HBO, and is going big on wireless and streaming. Telecom companies are becoming media giants. Dish hopes to Metamorphosize as gracefully, but hasn't quite yet. It's still almost 100% dependent on pay TV revenue because it's mid-makeover.

Dish Network faces mixed Wall Street reviews during its transformation

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"_You're telling me I'm fined $572M, and my stock price increased?_"

The 1st corporate opioid verdict

Hasbro drops $4B on a kids TV program (and it got some rappers)

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