Sony Acquires 41% Stake in Peanuts Franchise

Sony Pictures and Sony Music Entertainment (Japan) are buying a big part of the Peanuts franchise for $457 million.

This makes Sony the biggest owner of the franchise, which includes characters like Snoopy, Charlie Brown, and Woodstock.

The deal is almost done, and it means that Sony will now manage most of the Peanuts business.

The creator's family will keep a small part of the franchise.

Peanuts is a very old and famous comic strip that has been read by millions of people around the world.

Sony plans to use these characters in movies, TV shows, games, and music.