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Big corporations are the bane of RPG's and Hasbro is no exception.
Why? By all accounts 5E is doing exceedingly well. 4E did exceedingly well at first go, and many believe 3E sold extremely well too. So if by "Bane" you mean making lots of profit, then......sure?
I believe D&D would be better off in the hands of a smaller company who does not see D&D as a mega money maker but as a table top game that may not earn you billions, will earn you a nice profit while giving gamers the game they want.
They did, back in 2000. It's called the OGL. Your welcome.
I see Hasbro as the kind of company that would break that antique piggy bank in order to get to the money inside. I could see them getting frustrated because D&D didn't meet their crazy goals and shelving it.
What get's me is a company like Hasbro and WoTC can't seem to walk and chew gum at the same time.
I see Hasbro as the kind of company that would continue to work on a brand to make it larger than it has. I see Hasbro as a company that wants to make it more interesting to people who might not ever have gamed before. I see Hasbro as a company that wants to do more with the brand other than basically sit on it for coppers a day. I see Hasbro as a company that wants to branch into other spheres of the entertainment industry so that we can enjoy D&D-ish things in addition to just the TTRPG side of it.
To me those are all great things to strive for. They've hit some set backs, yes but I think they're learning.