The Muppets film, "Muppets from Space", released by Columbia Pictures in 1999. In 2000, Henson was sold to EM.TV & Merchandising AG for $680 million. However, EM.TV was plagued with financial problems and the Henson family re-acquired the company in 2003, with the exception of the rights to the "Sesame Street" characters, which had been sold by EM.TV to Sesame Workshop. Fourteen years after initial negotiations began, Disney acquired the Muppets intellectual property from the Jim Henson Company for $75 million on February 17, 2004. The acquisition consisted of the Muppets and "Bear in the Big Blue House" properties, as well as
The Muppets Studio under Senior Vice President and General Manager R. Russell Hampton, Jr. ABC, in October 2005, commissioned "America's Next Muppet", a script and five script outlines, but ABC was reluctant to green light "America's Next Muppet", and it never got out of the planning stage. Muppet Holding's new general manager instead licensed the Muppets out to TF1, a French television network, to produce "Muppet TV" in September 2006. In 2006, the Muppets Holding Company was transferred from the Disney Consumer Products unit to The Walt Disney Studios; with studio executives passing on oversight, the unit was placed in the special events