jjcollins
DIS Veteran
- Joined
- Aug 26, 1999
- Messages
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The Walt Disney Co. says it will buy the "Muppets" characters, including Kermit, Miss Piggy and others, as well as the "Bear in the Big Blue House" franchise from The Jim Henson Co.
Disney plans to make new television shows, video games, movies and other products with the existing characters as well as develop new characters in the coming years.
Financial terms of the deal were not disclosed.
The deal, which is expected to close in about two months, culminates a decades-long pursuit of the Muppets by Disney, which came close to acquiring the characters in 1990. The deal fell apart shortly after the death of company founder Jim Henson.
The company then was bought by German media company EM.TV, which sold it back to the Henson family last year.
The deal does not include the Sesame Street characters, such as Big Bird and Oscar the Grouch, who were sold earlier by EM.TV to the Sesame Workshop.
Full story here http://edition.cnn.com/2004/BUSINESS/02/17/disney.muppets.ap/index.html
jj......
Disney plans to make new television shows, video games, movies and other products with the existing characters as well as develop new characters in the coming years.
Financial terms of the deal were not disclosed.
The deal, which is expected to close in about two months, culminates a decades-long pursuit of the Muppets by Disney, which came close to acquiring the characters in 1990. The deal fell apart shortly after the death of company founder Jim Henson.
The company then was bought by German media company EM.TV, which sold it back to the Henson family last year.
The deal does not include the Sesame Street characters, such as Big Bird and Oscar the Grouch, who were sold earlier by EM.TV to the Sesame Workshop.
Full story here http://edition.cnn.com/2004/BUSINESS/02/17/disney.muppets.ap/index.html
jj......
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