European Investor
03 Mar 2026, 10:21
Sony Group Corporation announced that its subsidiaries Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. have completed the acquisition of approximately 41% of Peanuts Holdings LLC from WildBrain Ltd..
The purchase price is about C$630 million (approximately $460 million), subject to adjustments. Combined with SMEJ’s previously held roughly 39% stake, Sony now indirectly owns 80% of Peanuts Holdings, making it a consolidated subsidiary. The remaining 20% stake continues to be held by the family of Charles M. Schulz.
Sony expects to record a remeasurement gain of approximately ¥45 billion as operating income in the fourth quarter of the fiscal year ending March 31, 2026, reflecting the fair value of its previously held interest. The “PEANUTS” intellectual property will continue to be managed by Peanuts Worldwide LLC.
The purchase price is about C$630 million (approximately $460 million), subject to adjustments. Combined with SMEJ’s previously held roughly 39% stake, Sony now indirectly owns 80% of Peanuts Holdings, making it a consolidated subsidiary. The remaining 20% stake continues to be held by the family of Charles M. Schulz.
Sony expects to record a remeasurement gain of approximately ¥45 billion as operating income in the fourth quarter of the fiscal year ending March 31, 2026, reflecting the fair value of its previously held interest. The “PEANUTS” intellectual property will continue to be managed by Peanuts Worldwide LLC.
