From Spidey to Snoopy, Hollywood’s Acquisition Mania Has Come for ‘Peanuts’

It’s got Spider-Man, it’s got Slimer, and now Sony adds another powerful “S” to its slate: Snoopy. Yes, Sony now controls the Peanuts gang in yet another case of Hollywood acquisition mania.

This week, Sony Pictures Entertainment and Sony Music Entertainment (Japan) bought a 41% share of Peanuts Holdings LLC, the company that owns the Charles M. Schulz-created property, from WildBrain for roughly $457 million. Of course, 41% is less than half, but Sony Music Entertainment…