Henry Saperstein died in 1998. On January 1, 2000, UPA shuttered its operations, with the assets sold by the Saperstein family, which would later result in the founding of Classic Media by May 2000. On July 23, 2012, DreamWorks Animation purchased Classic Media for $155 million and, as a result, UPA is now owned by DreamWorks Animation, which would be acquired by NBCUniversal in 2016. Although DreamWorks Animation (and later, Universal Studios) now owns the ancillary rights to most of the UPA library, UPA itself (with DreamWorks Animation/Universal) continues to hold the licensing rights to Mr. Magoo, and Saperstein was executive producer to Disney's unsuccessful live-action feature Mr. Magoo in 1997.
Henry Saperstein died in 1998 On January 1 2000 UPA shuttered its operations with the assets sold by the Saperstein family which would later result in the founding of Classic Media by May 2000 On July 23 2012 DreamWorks Animation purchased Classic Media for $155 million and as a result UPA is now owned by DreamWorks Animation which would be acquired by NBCUniversal in 2016 Although DreamWorks Animation (and later Universal Studios) now owns the ancillary rights to most of the UPA library UPA itself (with DreamWorks Animation/Universal) continues to hold the licensing rights to Mr Magoo and Saperstein was executive producer to Disney's unsuccessful live-action feature Mr Magoo in 1997