Alvin and the squirrel owner Bagdasarian Productions has held talks with potential buyers, including ViacomCBS, sources acquainted with the issue tell franchise includes songs, movies and TV shows starring man singing squirrel Alvin, Simon and Theodore.The company, i m sorry is owned by Ross Bagdasarian Jr. and his wife, Janice Karman, is working v a financial advisor but hasn't involved terms with a the person who lives yet.

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Alvin and the chipmunks pose top top their simply unveiled Hollywood walk of fame Star during a consciousness in Hollywood, California on in march 14, 2019 in celebration event of your 60th anniversary.

Bagdasarian Productions, owner that the Alvin and the squirrel franchise, is seeking a buyer, follow to civilization with understanding of the matter, as it looks to cash in top top the premium prices the media companies and private same investors have actually been ready to pay for pundit property.

The company, owned and also operated by Ross Bagdasarian Jr. and his wife, Janice Karman, has held speak with number of potential buyers, consisting of ViacomCBS, however hasn't pertained to an commitment on terms, claimed the people, who asked no to it is in named due to the fact that the negotiations room private.

Bagdasarian Productions is working through a gaue won advisor and also has been looking for a price of around $300 million, two of the world said.

Streaming services such as ViacomCBS' Paramount+, WarnerMedia's HBO Max, and also Netflix have been on the hunt for pundit property to bulk up your subscription offerings. Netflix claimed in September it got the catalog of Roald Dahl, author of children's publications including "Charlie and also the cacao Factory," "James and also the large Peach" and also "Matilda." Bloomberg reported the deal cost much more than $700 million.

Private equity firms including Carlyle, Providence Equity, Apollo global and blackstone have additionally expressed attention in gaining content.

Alvin and also the chipmunks was created by Bagdasarian Jr.'s father, Ross Bagdasarian Sr., in 1958 as a children's music act. "The Alvin Show" began in 1961, special the 3 animated singing squirrel — Alvin, Simon and also Theodore — v sped-up voices to offer them their trademark high-pitched sound. Several iterations of TV shows and films followed, consisting of an "Alvin and also the Chipmunks" movie in 2007 and also three sequels.

Bagdasarian Jr. And also Karman operation the franchise from their residence in Santa Barbara, California. They involved financial firms to sell the company about four year ago, follow to a person familiar with the matter, but ultimately scrapped those discussions.

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