Sony Acquires Major Stake in Peanuts Franchise for $457 Million

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Source: AP News
Sony Acquires Major Stake in Peanuts Franchise for $457 Million
Photo: AP News
TL;DR

Sony is acquiring an additional 41% stake in the 'Peanuts' comic from WildBrain for $457 million, increasing its total ownership to 80%, with the Schulz family retaining 20%, to further enhance the brand's global presence.

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