The Sony division has indirectly purchased 49 per cent of DHX Media’s 80 per cent interest in Peanuts for $235.6 million in cash, subject to certain adjustments contemplated in the original agreement.
DHX Media will retain 41 per cent of Peanuts, Sony Music will own 49 per cent and the members of the family of Charles M Schulz will continue to own 20 per cent.
The Sony Pictures Entertainment theatrical release continues to hold its position as the number one film of 2018, dominating the global box office with more than $767 million since its release on December 20th.