Goodbye, Snoopy: Canada's WildBrain sells its 41% stake in Peanuts to Sony [Globe and Mail, The (Toronto, Canada)]
Sony Group Corporation American Depositary Shares (SONY)
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Source: Globe and Mail, The
Eugene Hoshiko/The Associated Press Snoopy, Linus, Lucy and their crew became incidentally Canadian in 2017 when WildBrain, under previous name DHX Media Ltd., bought 80 per cent of Peanuts Worldwide LLC as part of the US$345-million purchase of Iconix Brand Group Inc.'s entertainment unit. The next year, Sony snapped up 39 per cent of Peanuts from the Canadian company. WildBrain says that parting with some of the world's most recognizable characters is financially savvy, helping it fully repay a line of credit while leaving more than $40-million in surplus. This, it says, will be reinvested in franchises such as Strawberry Shortcake and Teletubbies , and in offering more premium digital content. Children's television and animation has for decades been one of Canada's major entertainment exports, but the sector has struggled in the past few years as costs surged and streamers' appetites changed. Animation studios have been plagued by layoffs, storied producer Nelvana halted prod
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News
- Sony buys a majority stake in the ‘Peanuts' comic for $457 million [Los Angeles Times (CA)]Los Angeles Times
- Shaping the Future of Immersive VR Market - Industry Forecast, Emerging Opportunities & Outlook to 2029 [Yahoo! Finance]Yahoo! Finance
- Sony buys a majority stake in the 'Peanuts' comic for $457 million from Canada's WildBrain [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Sony buys a majority stake in the 'Peanuts' comic for $457 million from Canada's WildBrain [Yahoo! Finance]Yahoo! Finance
- Sony buys a majority stake in the 'Peanuts' comic for $457 million from Canada's WildBrain [Yahoo! Finance Canada]Yahoo! Finance Canada
SONY
Earnings
- 11/12/25 - Beat
SONY
Sec Filings
- 12/19/25 - Form 6-K
- 12/12/25 - Form 6-K
- 12/3/25 - Form 6-K
- SONY's page on the SEC website