WildBrain sells 41% Peanuts stake to Sony for C$630 million

Goodmans LLP acted for WildBrain Ltd. in connection with the sale of its 41% stake in Peanuts Holdings LLC to Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. (together “Sony”) for C$630 million cash.

Following the sale, WildBrain repaid its entire corporate debt and unlock significant capital to accelerate the growth of its wholly owned global franchises. WildBrain also remains a multi-year partner to Peanuts for key services.

WildBrain is a leading Canadian global children's content and brand management company.