Sony is paying roughly $460 milliion to buy Peanuts [PDF] and its characters, together with Snoopy and Charlie Brown, created by Charles M. Schulz. That’s a 41 % stake Sony is shopping for from Canadian agency WildBrain. Since Sony purchased 39 % of the franchise again in 2018, this can give the corporate an 80 % stake. The deal remains to be topic to regulatory approvals, however Peanuts will develop into Sony’s consolidated subsidiary as soon as it’s closed. Schulz’s household nonetheless owns the remaining 20 % stake within the franchise.
Support Greater and Subscribe to view content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
.png?trim=0%2C0%2C0%2C0&width=1200&height=800&crop=1200%3A800&ssl=1 "Vote in our Impartial Cash ballot: Do you might have a aspect hustle outdoors your important job?")
