PEANUTS BRAND SOLD TO TELETUBBIES OWNER
Children’s programming firm and Teletubbies owner DHX Media said Wednesday it had acquired a controlling stake in the Peanuts brand and other assets through a purchase of Iconix Brand Group’s entertainment unit. DHX agreed to pay $345 million for the assets, which include an 80% stake in legendary cartoonist Charles Schulz’s Peanuts and 100% of the Strawberry Shortcake brand.