Home Videos Photos
PerezHilton CocoPerez Selena Gomez Bieber Khloe K. Adele PerezTV

Iconix Brand Buys Some Expensive Peanuts

| Filed under: Business Blitz


Good grief!

On Tuesday, E.W. Scripps Co announced it has sold the licensing rights of the Peanuts to Iconix Brand for an astounding $175 million.

Snoopy doesn't come cheap, does he?

In addition to their licensing purchase, Iconix will now own 20% of the Peanuts. And surprisingly, the Schulz family is happy about the new deal! Charles Schulz son explains:

"Peanuts now has the best of both worlds. Family ownership and the vision and resources of Iconix to perpetuate what my father created throughout the next century with all the goodwill his lovable characters bring."

With the new addition of the Peanut Iconix expects to make over $75 million a year off Charlie Brown and the gang.

Not bad considering the comic strip characters are over 50 years old!

[Image via WENN.]

Tags: , , , , , ,

Email this  »
15 Biggest Box Office Flops Of 2015!
YA Movie Adaptations -- From Least To Most Successful!
Celebrities Who Love Pumpkin Spice Lattes
Top 10 Earning Actresses Of The Last Year -- And What They Made!
Who Should Replace Donald Trump On Celebrity Apprentice??
The 15 Biggest Box Office Bombs All Time!

Comments are closed.