4Kids Entertainment Files for Bankruptcy Under Chapter 11

Didn’t see a thread for this…


And dozens of anime series breathe a sign of relief.

way too late for that man…the damage has been done…One Piece never recovered after 4kids went through it and Yu-Gi-Oh to a lesser extent. Once Pokemon was gone from 4kids it was only a matter of time…

while they had good intentions, 4kids went about things the wrong way.

Good thing that Yu-Gi-Oh is in no way shape or form a good anime. Not enough can be done to bury how retarded that whole show is.

On the other hand, without it, we would never have Yu-Gi-Oh Abridged. And that would be a dreadful shame.

Anything that can be done to erase that garbage card game from the face of the planet is fine by me. I have yet to play another game as bad as that one. I’ll take the Killer Instinct card game over it.


While it’s not good that people are losing jobs, those niggas fucked up any chance for One Piece to reach the popularity it deserves in the US.

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Remember when we used to think anime was cool? Ah, youth. RIP 4 kids. I give Funimation 2 years tops.

I fucking hate anime. I fucking love DBZ, HnK and JoJo’s, the last vestiges of classic masculinity, even if the latter is somewhat campy in that sense, in popular Japanese culture.

The rest of it is so devoid of facial hair and testosterone that it simply can’t be described as anything but tripe for children and girls.

No love lost.

Wow, someone’s mad. I guess it’s existence is a blatant insult to your own.

The Nightmare has ended…

Sonic X…thats all I want to add…

Blue Mr. Popo…if they somehow avoided the breaking point before that…this was it.

Game blows as much chunks as their translations. I have yet to find a cardgame that is just as bad as YGO.

Funi is definitely on the way out. They just got sold for $20 mill. Considering they got sold for $100 mill back in the day, it clearly lets you know much their stock has fallen off. They’re nothing without DBZ’s reassurance hype.

I guess Yu-Gi-Oh is serious business in both the anime and in the real world.

Most of this has to do with a lawsuit from Yu-Gi-Oh’s creators. Apparently 4Kids had been withholding royalties from them for years and skimming off the top when it came to the dubs.

‘Yu-Gi-Oh!’ Creator Terminates U.S. Deal and Sues for Millions of Dollars (Exclusive) - Hollywood Reporter

4Kids Entertainment has made quite a business out of taking Japanese anime programming like Pokemon and Yu-Gi-Oh! and dubbing it into English for the pleasure of U.S. children. Just how lucrative? The Yu-Gi-Oh! franchise, including a popular TV show and various merchandising, is said to have earned 4Kids over $152 million in income between 2001 and 2009.

But now, the Japanese animation studio that first created the anime hits is attacking, claiming that 4Kids owes it millions of dollars for making secret agreements with TV networks and home video distributors as well as making improper royalty deductions, including for the cost of the actual dubbing. As the result of alleged contractual breaches, the Japanese companies behind the show reveal they have just terminated their licensing agreements with 4Kids. They now want past money owed too.

TV Tokyo Corporation and Nihon Ad Systems filed the lawsuit last week in New York federal court.

According to the complaint, the plaintiffs exercised their right to audit 4Kids’ financial books in 2010 to see whether they were getting paid 50% of gross income, minus pre-defined expenses, as agreed upon in the original licensing agreement.

The auditor allegedly turned up some questionable accounting concerning deals made by 4Kids with the Cartoon Network and other parties.

For example, 4Kids is said to have made an agreement with Funimation Productions, giving it the right to exploit the YGO series on home video. “4Kids conspired with Funimation to fraudulently hide from Plaintiffs more than 45% of the total income Funimation paid to 4Kids from the sale of the home videos,” the complaint states.

Allegedly, 4Kids not only licensed YGO, but also several other Japanese animation series it didn’t own. Under the terms of this supposedly secret deal, which allegedly included a strict confidentiality clause, 4Kids didn’t have to do much besides perform certain marketing services. It was Funimation’s job to produce and distribute the series, and for this right, Funimation paid a $1.3 million advance and gave over nearly $3 million in revenue, which was allegedly then hidden from the plaintiffs.

4Kids is said to have made a similar “strictly confidential” deal with Majesco Sales Inc. to produce and distribute videos of the YGO episodes on Nintendo’s Gameboy Advanced game system, and allegedly never turned over any royalties.

The complaint also details some improper deductions, including more than $2.5 million worth of international withholding taxes, bank charges, insurance coverage, YGO style guide art, the cost of the audit itself, and even the cost of the dubbing. TV Tokyo says 4Kids “expressly agreed to bear [such costs] under the agreement.”

After the auditor’s report, the parties met in February to discuss the situation. The plaintiffs are said to have made an offer, which was rejected. After further discussions, on March 17, 4Kids wired $1 million as a “good faith” initial payment. The next day, reps for the Japanese companies flew to the U.S. for a final meeting to see if they could resolve the mess.

“4Kids abruptly terminated this meeting without a resolution to any of the outstanding issues,” says the complaint.

In response, TV Tokyo Corporation and Nihon Ad Systems have cancelled the agreement and filed a lawsuit, seeking more than $4 million in damages and other relief for breach of contract and fraud. The legal dispute also leaves the future of some of the most popular Japanese programming on U.S. television in some doubt.

Attempts to reach 4Kids for comment were unsuccessful.

4Kids is gonna fight it, but even if they manage to keep themselves in business it not gonna help relationships with Japanese TV stations in the future. Either way, they ain’t dubbin Yu-Gi-No-Mo’


Ironic that for in order to ensure 4Kids’ death, we need Yugioh to win the lawsuit…hmm.

Yugi’s gonna pull out his trap card.

Yugioh’s creator needs to sue the fuck out of 4kids entertainment, make them disappear forever… pussifying these cartoons does not gain viewers… considering that the most likely to watch them is a male audience…