The Muppets the Muppets film and television library. Exceptions included the "Sesame Street" characters, which were previously sold to Sesame Workshop; the "Fraggle Rock" characters, which were retained by Henson; and the distribution rights to "The Muppets Take Manhattan", "Muppets from Space", and "Kermit's Swamp Years," which were retained by Sony Pictures Entertainment. Following the acquisition, Disney formed The Muppets Holding Company (later known as The Muppets Studio), a wholly owned subsidiary responsible for managing the characters and franchise. As a result, the term "Muppet" became a legal trademark of Disney; under license from Disney, Sesame Workshop continues to use the term
The Muppets industry and popular culture in the United States, receiving recognition from various cultural institutions and organizations, including the American Film Institute, Academy of Motion Pictures Arts and Sciences, Library of Congress, and the Hollywood Walk of Fame. The Muppets were created by puppeteer Jim Henson in the 1950s, beginning with Kermit the Frog, who would become Henson's most recognizable character. Originally conceived for an adult audience, Henson claimed, and later retracted, that he coined the term "Muppet" as a portmanteau of the words "marionette" and "puppet". In 1955, the Muppets were introduced in "Sam and Friends", a short-form television series