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 Disney Theatrical Productions revealed in 2013 that a live show based on the Muppets was in active development and that a 15-minute show had been conducted by Thomas Schumacher to see how the technical components would work. "Muppet Moments", an interstitial television series, premiered on Disney Junior in April 2015. The short-form series features conversations between the Muppets and young children. After the release of "Muppets Most Wanted", Disney was interested in expanding the Muppets' presence across various media platforms, particularly in television. Discussions for a new primetime series began internally within the Muppets Studio. By April 2015, Bill Prady