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 Studio group. That same year, Disney contracted with Puppet Heap to rebuild, maintain, and create puppet characters for the Muppets Studio. In April 2007, the Muppets Holding Company changed its name to The Muppets Studio under new leadership by Special Events Group SVP Lylle Breier. In 2008, The Muppets Studio began a licensing agreement with F.A.O. Schwarz, to create a Muppet-themed boutique where customers can design their own Muppet. In 2013, Disney Theatrical Productions revealed that a 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