Alvin and the Chipmunks have been around since 1958 and although they’ve had many different versions of themselves represented on the screen as the years went by, their wholesome message remained the same. The adorable characters were created by Ross S. Bagdasarian, a singer, actor, and record producer.
However, as uproxx.com reports, it would seem that the intellectual property may be up for sale. Bagdasarian Productions, who currently own the Chipmunks (Ross S. Bagdasarian passed in 1972), are looking to sell the rights to the Chipmunks for a whopping $300 million.
As far as potential buyers are concerned, it looks like the sky is most certainly the limit. Kids programming is definitely in high demand these days, and actually always has been big money, as the success of Disney and Pixar undoubtedly prove.
In recent years though, streaming services have been buying up content and rights to children’s features and content to broadcast and/or produce, and make available to their viewers. The aforementioned article points the finger to the fact that the entire Roald Dahl catalogue (Fantastic Mr. Fox, The Gremlins…)has been purchased by Netflix, so that might be the fate for The Chipmunks as well.
The question that remains is just where will they be going? Any other streaming service is the best guess, and that’s if Netflix doesn’t suddenly develop an interest in the adorable furry buddies themselves.