According to Waterfield, who also wrote and co-produced the film, “Winnie the Pooh: Blood and Honey” will see Pooh and Piglet as “the main villains…going on a rampage” after being abandoned by a college-bound Christopher Robin. “Christopher Robin is pulled away from them, and he’s not [given]...
TL:DR: Disney still owns rights to Disney's version to Winnie the Pooh, but the Character itself is Public Domain.
https://www.giantfreakinrobot.com/ent/winnie-the-pooh-horror-movie-blood-honey.html
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