Business

Articles that cover the financial, strategic, or corporate aspects of the gaming industry—such as acquisitions, sales results, number of copies sold, earnings reports, partnerships, market analysis, or executive decisions.

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.

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