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 Halloween special featuring the Muppets was developed during that time and expected to air on ABC that October, but was canceled. In 2011, the Muppets were featured in an eponymous seventh film, intended to serve as a "creative reboot" for the characters. Disney had been furthering development on a Muppets film since 2008 when it considered adapting an unused screenplay by Jerry Juhl. Directed by James Bobin; written by Jason Segel and Nicholas Stoller; and starring Segel, Amy Adams, Chris Cooper, and Rashida Jones, the film was met with widespread critical acclaim, commercial success, and an Academy Award win for