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 Movie Adventures mixed to negative reviews. The game is narrated by Cheryl Henson, daughter of The Muppets era creator Jim Henson and the current president of the Jim Henson Foundation. "The Muppets Movie Adventures" is a 2D side-scrolling platform game in which players traverse landscapes based on famous films, jumping across obstacles and exploring the terrain. Enemies appear in each chapter, who have the ability to swing or throw projectiles at the player (these vary depending on the stage). If hit, the player loses half of a heart; with three hearts being available, the gamer may receive a maximum of five hits