Announced

Sony Music Entertainment and Sony Pictures Entertainment to acquire an additional 41% stake in Peanuts Holdings from WildBrain.

Synopsis

Sony Music Entertainment and Sony Pictures Entertainment, companies specializing in music, film, and broader entertainment content, agreed to acquire an additional 41% stake in Peanuts Holdings, a holding company that owns the rights to the “Peanuts” franchise, from WildBrain, a Canadian media company focused on children’s and family programming and licensing. Financial terms were not disclosed. “Since 2018, SMEJ has been proud to be part of the partnership behind ‘PEANUTS’, an iconic global entertainment brand with a 75-year legacy of delighting audiences worldwide. With this additional ownership stake, we are thrilled to be able to further elevate the value of the ‘PEANUTS’ brand by drawing on the Sony Group’s extensive global network and collective expertise. We are deeply committed to carrying forward the legacy of Charles Schulz and the Schulz family. Together with SPE, and backed by WildBrain’s continued partnership, we will continue to embrace new opportunities to ensure that ‘PEANUTS’ remains a relevant and beloved presence across generations—reaching new audiences and sharing the timeless charm of the ‘PEANUTS’ gang for years ahead,” Shunsuke Muramatsu, Sony Music Entertainment President and Group CEO.

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