Authentic Brands Group to acquire Care Bears

Authentic Brands Group has signed a definitive agreement to acquire the intellectual property of Care Bears.

“Care Bears is the gold standard of family entertainment,” said Corey Salter, CEO of Authentic’s Entertainment division.

“It arrives with a nearly 45-year history of genuine emotional connection, an active content pipeline, a vast network of more than 500 licensing partners and a devoted fanbase that keeps growing. Our opportunity is not simply to steward the brand and its message of positivity; it’s to bring Care Bears into Authentic’s powerful platform and write the next great chapter in one of entertainment’s most enduring franchises.”

Authentic Studios and Authentic Live, divisions of Authentic Brands Group, will play central roles in extending the Care Bears universe through new stories, audiences and fan experiences.

The acquisition remains subject to customary closing conditions and is expected to close in the third quarter of 2026.