Charlie Brown and Snoopy will live under the Sony umbrella as Sony Pictures Entertainment and Sony Music Entertainment Japan buy the slice of Peanuts Holding LLC held by Canadian company WildBrain.

Sony just purchased a controlling stake in the iconic brand featuring Snoopy, Charlie Brown, and more. It’s got Spider-Man, it’s got Slimer, and now Sony adds another powerful “S” to its slate: Snoopy. Yes, Sony now controls the Peanuts gang in yet another case of Hollywood acquisition mania.

Sony just made a sizable bet on nostalgia as it has reached a deal worth approximately $457 million to acquire majority ownership of Charles M. Schulz’s Peanuts franchise, bringing the iconic characters under its control.

Check out this sweet, nostalgic Snoopy gift guide complete with 16 hand-selected options, ranging from a leakproof tumbler to cozy blankets, bestselling bags and more.

A Dutch study suggests that eating peanuts daily may improve brain blood flow and modestly boost memory in healthy adults over 60.

Sony Music Entertainment (Japan) and Sony Pictures Entertainment have signed a definitive agreement to buy WildBrain’s roughly 41% stake in Peanuts Holdings for C$630 million in cash, which works out to about $457 million.