"Sony has taken control of Charles Schulz's Peanuts franchise including Snoopy and Charlie Brown in a deal worth C$630m (340m). The Japanese conglomerate has bought 41% of Peanuts Holdings, which owns the intellectual property Schulz created, from the Canadian children's entertainment company WildBrain. The deal raises Sony's total stake, which it began building in 2018, to 80%. The Schulz family owns the remaining 20%."
"In October, Apple TV announced an extension of its deal as the exclusive streaming home for Peanuts until 2030, which includes the production of a new Snoopy and Charlie Brown animated feature film. 20th Century Fox Animation and Blue Sky Studios produced The Peanuts Movie in 2015. Sony, whose empire spans film, television, music, gaming and electronics, has been bolstering its push into entertainment and original content in recent years."
The Japanese conglomerate bought a 41% stake in Peanuts Holdings from WildBrain for C$630m, increasing its ownership to 80% while the Schulz family retains 20%. Peanuts originated as a 1950 comic strip and expanded into television, toys, films and theme-park attractions. Apple TV holds exclusive streaming rights through 2030 and will produce a new Snoopy and Charlie Brown animated feature. 20th Century Fox Animation and Blue Sky Studios produced The Peanuts Movie in 2015. Sony's broader entertainment operations include film, television, music and gaming, and the company continues to invest in original content and global distribution. WildBrain will remain under a multi-year service arrangement.
Read at www.theguardian.com
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