Tag: TV Tokyo

4Kids Entertainment has responded to the suit by TV Tokyo and Nihon Ad Systems.  4Kids has stated that the letter to terminate  did not comply with the 10 business day notice and cure provision written in the agreement for the Yu-Gi-Oh license.  They also stated that the termination was wrongful and devoid of any factual and legal basis.  What will happen will ultimately be up to the courts.  Follow the link below to the full article at Anime News Networks’ site.

http://www.animenewsnetwork.com/news/2011-03-31/4kids-files-shareholders-report-on-yu-gi-oh-lawsuit

Anime News Network has a report that TV Tokyo and Nihon Ad Systems have filed suit against 4Kids Entertainment accusing them of “underpayments, wrongful deductions and unmet obligations” in regards to their contract for the rights of Yu-Gi-Oh.  The article also states that the two companies have terminated their Yu-Gi-Oh deal with 4Kids Entertainment.  For the full article, which gives figures, link over to Anime News Network below.

http://www.animenewsnetwork.com/news/2011-03-29/tv-tokyo-nihon-ad-terminate-yu-gi-oh-deal-sue-4kids