|10-09-2012, 10:14 PM||#1|
Join Date: Mar 2009
Big Bird's Nest is well Feathered
The IRS filing shows Sesame Workshop gets about $6 million a year in "government grants" (which are not itemized). He doesn't need it.
Big Bird is richer than Mitt Romney. Sesame Workshop (successor to Children's Television Workshop), reported to the IRS a $356-million net worth as of June 30, 2011, compared to Romney's estimated worth of about $250-million.
Obviously, Big Bird's nest is well-feathered. His diet isn't exactly bird seed.
Despite scare headlines, (such as HuffPo's "Mitt Romney's Big Bird Attack Threatens Thousands of U.S. Jobs") this avian is no endangered species.
Sesame Workshop boasts its $356-million value even after it paid $180-million in 2000 to buy-out the rights to the Muppets from the late Jim Henson.
Sesame Workshop has a liquid cushion of over $130-million in cash and securities, while other parts of the current worth are labeled "intangible" assets. Royalty receipts alone generate $47 million a year, thanks to annual sales of $515 million in Sesame Street branded products, according to Forbes.
How does Sesame Street rank among other best-selling entertainment franchises? Forbes' article describes Sesame Street's neighborhood like this:
Disney Princess (Disney) $1.6 billion in 2011 retail sales
Star Wars (Lucasfilm) $1.5 billion
Pooh (Disney) $1.09 billion
Cars (Disney) $1.05 billion
Hello Kitty (Sanrio) $800 million
Mickey & Friends (Disney) $750 million
WWE (WWE) $700 million
Toy Story (Disney) $685 million
Peanuts (Iconix, Peanuts Worldwide) $600 million
Sesame Street (Sesame Workshop) $515 million
Disney Fairies (Disney) $435 million
Thomas the Tank Engine (Hit Entertainment) $390 million
Garfield (Paws Inc.) $370 million
Dora the Explorer (Nickelodeon) $330 million
SpongeBob (Nickelodeon) $330 million
Spiderman (Marvel/Disney) $325 million
Ben 10 (Cartoon Network) $295 million
Angry Birds (Rovio) $250 million
Batman (DC/Warner) $245 million