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

Goodmans LLP is acting for WildBrain Ltd. (“WildBrain”) in connection with its definitive agreement to sell its 41% stake in Peanuts Holdings LLC (“Peanuts”) to Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. (together “Sony”) for C$630 million cash.

This transaction will eliminate WildBrain’s corporate debt and unlock significant capital to accelerate the growth of its wholly owned global franchises. WildBrain will also remain a multi-year partner to Peanuts for key services.

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

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