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4Kids sold to Konami and Saban
06-16-2012, 06:15 PM (This post was last modified: 07-14-2012 09:48 PM by Daikun.)
Post: #1
4Kids sold to Konami and Saban
Via Anime News Network:

Quote:On Friday, North American anime distributor 4Kids filed a notice in its bankruptcy case that outlines who will take over its contracts and obligations. Under a proposed agreement, Kidsco Media Ventures LLC (an affiliate of Saban Capital) and 4K Acquisition Corp. (an indirect subsidiary of Japan's Konami Corporation) would divide the assets and obligations of 4Kids.

The proposed agreement has not been finalized, since Judge Shelley C. Chapman still has to approve the proposed agreement after a June 20 hearing.

What Saban gets:

Toonzai
Cubix
Dragon Ball Kai
Sonic X

What Konami gets:

4Kids' 23rd/24th Street offices in New York City
Everything Yu-Gi-Oh!
Toonzaki
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06-16-2012, 10:11 PM (This post was last modified: 06-16-2012 10:12 PM by The Man In Black.)
Post: #2
RE: 4Kids sold to Konami and Saban
(06-16-2012 06:15 PM)Daikun Wrote:  Via Anime News Network:

Quote:On Friday, North American anime distributor 4Kids filed a notice in its bankruptcy case that outlines who will take over its contracts and obligations. Under a proposed agreement, Kidsco Media Ventures LLC (an affiliate of Saban Capital) and 4K Acquisition Corp. (an indirect subsidiary of Japan's Konami Corporation) would divide the assets and obligations of 4Kids.

The proposed agreement has not been finalized, since Judge Shelley C. Chapman still has to approve the proposed agreement after a June 20 hearing.

What Saban gets:

Toonzai
Cubix
Dragon Ball Kai
Sonic X

What Konami gets:

4Kids' 23rd/24th Street offices in New York City
Everything Yu-Gi-Oh!

They really only had rights to Cubix and Sonic X? What about like Tai Chi Chasers and all that other stuff?
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06-16-2012, 11:08 PM
Post: #3
RE: 4Kids sold to Konami and Saban
(06-16-2012 10:11 PM)The Man In Black Wrote:  They really only had rights to Cubix and Sonic X? What about like Tai Chi Chasers and all that other stuff?

No one is sure yet. I'm just going by what the article listed.
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06-17-2012, 01:16 AM (This post was last modified: 06-17-2012 05:44 AM by Red X Robin.)
Post: #4
RE: 4Kids sold to Konami and Saban
Saban seems to be acquiring and rebuilding in full swing. Buying the Power Rangers franchise back from Disney was really just the start.

Also, Konami and Yu-Gi-Oh! is a pairing that has always made sense.
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07-14-2012, 09:50 PM (This post was last modified: 07-15-2012 01:06 AM by Daikun.)
Post: #5
RE: 4Kids sold to Konami and Saban
A few updates:

Saban's new block on The CW, Vortexx, is premiering on August 25. Discussion for that is here.

Also, Konami got Toonzaki, the streaming service that 4Kids formerly owned.
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12-13-2012, 08:24 PM
Post: #6
RE: 4Kids sold to Konami and Saban
Well, this is a strange turn of events.

4Kids somehow gets pulled out of bankruptcy.
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12-13-2012, 11:03 PM
Post: #7
RE: 4Kids sold to Konami and Saban
(12-13-2012 08:24 PM)Daikun Wrote:  Well, this is a strange turn of events.

4Kids somehow gets pulled out of bankruptcy.

Even weirder: "overruling an objection by the American Kennel Club Inc. over a licensing agreement"

Damn. And here was a chance for 4Kids property to actually go to some companies that would make good use of it.
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12-15-2012, 12:21 AM (This post was last modified: 12-15-2012 12:25 AM by Red X Robin.)
Post: #8
RE: 4Kids sold to Konami and Saban
4Kids... lives? Huh

What does it all mean? Where does the company go from here?
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12-30-2012, 01:27 PM
Post: #9
RE: 4Kids sold to Konami and Saban
They've renamed themselves to 4Licensing.
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01-18-2013, 06:52 AM
Post: #10
RE: 4Kids sold to Konami and Saban
(06-17-2012 01:16 AM)Red X Robin Wrote:  Saban seems to be acquiring and rebuilding in full swing. Buying the Power Rangers franchise back from Disney was really just the start.

Also, Konami and Yu-Gi-Oh! is a pairing that has always made sense.

dear is this a strange turn of events...>!!!
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