Sony Acquires Peanuts for $457 Million
Here’s an exciting development for Peanuts fans: Sony, through its partnership with Sony Pictures and Sony Music Entertainment Japan, is acquiring a 79% stake in Wildbrain, the company that owns the Peanuts property, valued at $457 million. This deal marks Sony’s takeover of the franchise while retaining the Schulz family’s 20% ownership, but without creative input.