4kids filed for chapter 11 bankruptcy
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28 / M / Colorado, USA
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Posted 4/11/11
If text isn't your thing, you can hear the news from Shaft Network's episode 7.4 (around 3:20):


As you may have heard, 4kids has been sued by TV Tokyo. A dispute related to Yu-Gi-Oh. Filing for chapter 11 bankruptcy will enable them to continue to operate as a company for a while, but I don't think anyone believes they will be able to get out of that position.

Indeed this is the most severe thing that could happen to them, aside from experiencing any fatalities. Unfortunately for them, many think it was earned, including myself. Many will even cheer.

The notable consequence of them fading out of the picture is that their titles will be without a company to translate them for a time. Of course, that is of limited consequence, as it can be assumed someone else WILL pick them up, as they're profitable titles.

Keep in mind though that they're still around at this time, for now.

http://www.animenewsnetwork.com/news/2011-04-06/4kids-files-for-chapter-11-bankruptcy
Posted 4/11/11
I don't watch 4kids anymore so should I even care
Posted 4/11/11
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