Hogan Lovells advises Sony Music Entertainment (Japan) and Sony Pictures Entertainment in acquisition of stake in Peanuts Holdings LLC

As a result of this transaction, SMEJ and SPE, together with SMEJ’s existing approximately 39% stake, will indirectly own 80% of Peanuts Holdings LLC, while the members of the family of Charles M. Schulz, the creator of “PEANUTS,” will continue to own the remaining 20%. The ownership of rights to “PEANUTS” and the management of its business continue to be handled by Peanuts Worldwide LLC (“PWW”), a wholly owned subsidiary of Peanuts Holdings LLC.

The deal was led by Silicon Valley-based M&A partners Jane Ross, Rick Climan, and Jalpit Amin and New York-based IP partner Meryl Bernstein.