When The Walt Disney Company Owned Jim Henson Productions
Posted: Fri Aug 16, 2013 10:51 am
In August 1989, as MANY here are aware, Jim Henson decided to sell off his old Muppet characters to The Walt Disney Company (as would eventually happen in February 2004) in order to create NEW Muppet characters; sadly, before the sale could be finalized, Jim died, age 53, on May 16, 1990.
The decision was made to keep the Muppets, for the moment, with Jim Henson Productions; soon afterwards, Jims son Brian, then aged 28 (born on November 30, 1962 in New York City, New York) became President/CEO of Jim Henson Productions.
On December 18, 1991, the week before Christmas, The Walt Disney Company bought Jim Henson Productions (per the New York Times) for $150 million; the Jim Henson acquisition included 30 years of Muppet programming up to that time--not just with Muppet characters, but also Fraggle Rock, The Storyteller, The Jim Henson Hour, Dog City, and MANY more.
In December 1996, Disney sold Jim Henson Productions (a BAD move in my opinion) to German company EM.TV, with Columbia/Sony owning U.S. rights to the Henson library until 2003, when Brian & his 4 siblings (Lisa, Cheryl, John & Heather) bought back the Henson Company.
February 16, 2004 was the day that the Muppet characters were sold to Disney from Henson.
Since then, I firmly believe that as a company, The Jim Henson Company has gone downhill and turned to Shit, with Fraggle Rock being the companys most valuable property.
The decision was made to keep the Muppets, for the moment, with Jim Henson Productions; soon afterwards, Jims son Brian, then aged 28 (born on November 30, 1962 in New York City, New York) became President/CEO of Jim Henson Productions.
On December 18, 1991, the week before Christmas, The Walt Disney Company bought Jim Henson Productions (per the New York Times) for $150 million; the Jim Henson acquisition included 30 years of Muppet programming up to that time--not just with Muppet characters, but also Fraggle Rock, The Storyteller, The Jim Henson Hour, Dog City, and MANY more.
In December 1996, Disney sold Jim Henson Productions (a BAD move in my opinion) to German company EM.TV, with Columbia/Sony owning U.S. rights to the Henson library until 2003, when Brian & his 4 siblings (Lisa, Cheryl, John & Heather) bought back the Henson Company.
February 16, 2004 was the day that the Muppet characters were sold to Disney from Henson.
Since then, I firmly believe that as a company, The Jim Henson Company has gone downhill and turned to Shit, with Fraggle Rock being the companys most valuable property.