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flag WildBrain sold its Peanuts stake to Sony for $630M, repaid debt, and boosted cash reserves.

flag WildBrain Ltd. completed the sale of its 41% stake in Peanuts Holdings LLC to Sony Music Entertainment (Japan) and Sony Pictures Entertainment for CA $630 million in cash, finalizing on March 2, 2026. flag The company used the proceeds to fully repay its senior secured credit facility, eliminating all term debt and leaving a cash surplus exceeding $40 million. flag The transaction strengthens WildBrain’s financial position, enabling greater focus on core growth initiatives, including expanding franchises like Strawberry Shortcake and Teletubbies, growing its licensing arm, and increasing digital content presence. flag Sony now owns 80% of Peanuts Holdings LLC, with the Schulz family retaining 20%. flag Peanuts Worldwide LLC continues to manage the brand’s operations.

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