Disney's branding the "Muppets" name with the image of Kermit in order to distinguish it from Sesame Street. They're also sneaking their name into the mix so that people know that they own Kermit and the Muppets:
I hope they'll go back to something like the classic logo once they are satisfied that the public gets it (without Jim's name for legal reasons, of course):
I hated that ugly, childish purple logo with the googly P's:
But I always liked the last logo under Henson ownership because it was old-meets-new:
Yet logos like this are crisp and attractive enough, but make it seem like they're not even trying: