From website:
Hasbro Studios is the award winning, Los Angeles based entertainment production division of Hasbro, Inc. Hasbro Studios’ mission and vision is to develop and produce high impact, branded content based on the tremendous portfolio of Hasbro brands by partnering with the best and the brightest creative stewards in the industry.
By re-imagining and creating great stories and great characters, we can deliver high quality programming and create a deep emotional connection with kids and families to ignite our brands around the world.
Hasbro Studios, LLC is an American production and distribution company located in Burbank, California. It is a wholly owned subsidiary of toy company Hasbro. This company is best known for shows and films such as the My Little Pony: Friendship Is Magic and Transformers: Prime TV series and My Little Pony: Equestria Girls film series. Originally just a TV production division, many of its TV shows, such as My Little Pony: Friendship Is Magic and Littlest Pet Shop, are based on Hasbro properties and are broadcast on the Discovery Family television network, a joint venture between Hasbro and Discovery, Inc. and on other television networks and multiple media platforms.
Source: Wikipedia, "Hasbro Studios", available under the CC-BY-SA License.