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Chicken Soup For The Soul Entertainment Acquires Assets Of ‘Hunters’ Producer Sonar Entertainment

Chicken Soup for the Soul Entertainment has bought the assets of Sonar Entertainment, the well-established production entity built by Robert Halmi Sr.

The up-front cost is just $19.5 million, but the ultimate valuation will likely grow over time, as future licensing proceeds will also be split with Sonar. The initial payment is considered an advance, which will be recouped by Chicken Soup upon the sale or licensing of certain TV rights. About $1 billion has been invested into film and TV projects controlled by Sonar, according to the official deal announcement. Among the company’s current series are Hunters on Amazon Prime Video and the soon-to-premiere Mysterious Benedict Society on Disney+.

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