The Alvin and the Chipmunks franchise is now for sale. The world-famous chipmunks include Alvin, the oldest and most mischievous of the bunch; Simon, the middle child and brains of the group; and Theodore, who is the youngest brother and the shy, sweet member of the family. The three chipmunks live with Dave Seville, their manager and father figure who takes care of the boys.
Created in 1958 by Ross Bagdasarian Sr., the Chipmunks voice was first used in the song “Witch Doctor,” and the characters got their names in their first featured song, the 1958 holiday classic, “The Chipmunk Song (Christmas Don’t Be Late).” Since then, the characters have become pop culture icons as the stars of multiple animated series and films, as well as their own Alvin and the Chipmunks live-action film series. Alvin, Simon, and Theodore are known all over the world and are incredibly valuable property.
Ross Bagasarian Jr. (son of the original creator) and his wife Janice Karman are reportedly looking to sell the rights to the Alvin and the Chipmunks franchise and Bagdasarian Productions for $300 million. The report says they have had meetings with several buyers, including ViacomCBS, but no agreement on terms has been made. The husband and wife duo had previously looked to sell the company four years ago, but scrapped the decision.
This would not be the first time Alvin and the Chipmunks had been acquired. In 1999, Universal acquired the rights for a brief period of time which resulted in two direct-to-video movies.
via Screen Rant