Sign in to follow this  
Followers 0
Sledgstone

4Kids = 4Sale

1 post in this topic

http://www.icv2.com/articles/news/15549.html

4Kids Entertainment will evaluate asset sales, alliances with strategic partners, and/or a sale of the company, according to an announcement released Wednesday. The company has retained Montgomery & Co. to assist in the process.

4Kids has had a rough stretch over the last few years. It hasn’t made a profit since 2005, and lost nearly $37 million last year. At the end of 2006, 4Kids had over $110 million in cash and short term investments on its balance sheet; at the end of its most recent quarter, that number was less than $10 million.

4Kids will report results for its most recent quarter on Monday. It has recently reduced losses through expense cuts (see “4Kids Loss Narrows”).

Dahahahaha! F*ck you 4kids! :bikehit1::bikehit2:


gallery_1_23_1357354444_252.jpg

Share this post


Link to post
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0

  • Similar Content

    • By Sledgstone
      http://www.animenewsnetwork.com/news/2010-04-10/4kids-streams-sonic-x-funimation-streams-slayers-e-r
      Click the link for a list of series with links to watch them online... I'm really tempted to watch the Sonic X episodes considering they are the japanese versions with subs. If its the sub version, I'm assuming 4kids didn't edit the shit out it.
      http://www.hulu.com/sonic-x