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NEWS: 4Kids Files for Chapter 11 Bankruptcy


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Zilan



Joined: 20 Jan 2005
Posts: 167
PostPosted: Wed Apr 06, 2011 3:48 pm Reply with quote
So is this finally the end of 4kids?
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Buster Blader 126



Joined: 14 May 2005
Posts: 1187
Location: Mississauga, Ontario, Canada
PostPosted: Wed Apr 06, 2011 3:50 pm Reply with quote
We shall see. They're still going to have to go to court, it seems.

If it was Chapter 7, then yes, it would've been the end.
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RoverTX



Joined: 17 Dec 2008
Posts: 420
PostPosted: Wed Apr 06, 2011 3:53 pm Reply with quote
I don't get it, why file chapter 11 when they basically have nothing left, and their reputation is shot?
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Thunderbird-



Joined: 06 Mar 2009
Posts: 60
PostPosted: Wed Apr 06, 2011 4:01 pm Reply with quote
*sigh* I guess this means that we won't get an Ojamajo Doremi license rescue/re-dub like we got for One Piece.
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John Casey



Joined: 31 May 2009
Posts: 1853
Location: In My Angry Center
PostPosted: Wed Apr 06, 2011 4:05 pm Reply with quote
If only Bobby Kotick was still there to save the day...

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walw6pK4Alo



Joined: 12 Mar 2008
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PostPosted: Wed Apr 06, 2011 4:32 pm Reply with quote
There, everyone got their wish. Who will be the scourge of the anime industry now?
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BlackJaded



Joined: 12 Mar 2008
Posts: 332
PostPosted: Wed Apr 06, 2011 4:41 pm Reply with quote
John Casey wrote:
If only Bobby Kotick was still there to save the day...

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Kotick would've done the same thing by dismantling 4kids head to another company that needs to be dismantled that's not doing well (Activision).
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Primus



Joined: 01 Mar 2006
Posts: 2654
Location: Toronto
PostPosted: Wed Apr 06, 2011 4:41 pm Reply with quote
Adness actually owns Kamen Rider: Dragon Knight. 4Kids' license only extended towards broadcast and streaming rights, like their Dragon Ball Z Kai license.

Also this thread will be a huge storm of people who can't read the entire article.

walw6pK4Alo wrote:
There, everyone got their wish. Who will be the scourge of the anime industry now?


Rhymes with Wiz.
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egoist



Joined: 20 Jun 2008
Posts: 7762
PostPosted: Wed Apr 06, 2011 4:42 pm Reply with quote
Zilan wrote:
So is this finally the end of 4kids?

Official excuse to legally dump your creditors.

To be fair, I'd rather see them gone. They're not innovative, and if they disappear someone is bound to appear to take their place - as that's how capitalism works.
4Kids employees, feel free to work for whoever is taking over. The head of the organization is generally the one responsible for crippling the company anyway.


Last edited by egoist on Wed Apr 06, 2011 4:44 pm; edited 1 time in total
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agila61



Joined: 22 Feb 2009
Posts: 3213
Location: NE Ohio
PostPosted: Wed Apr 06, 2011 4:43 pm Reply with quote
RoverTX wrote:
I don't get it, why file chapter 11 when they basically have nothing left, and their reputation is shot?
If they win the lawsuit, they'll still have the Yu-Gi-Oh! license, and even though the lawsuit itself means that the relationship is dead, it will still cost money to buy out 4Kids rights.

Even a distant hope of seeing some more money outweighs what the current ownership'd get out of Chapter 7, which is diddly and squat.
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_V_



Joined: 13 Apr 2009
Posts: 619
PostPosted: Wed Apr 06, 2011 5:00 pm Reply with quote
Buster Blader 126 wrote:
We shall see. They're still going to have to go to court, it seems.

If it was Chapter 7, then yes, it would've been the end.


True, though it seems like its finally the beginning of the end, and things are in motion, instead of just the crazy limbo they've been in for a few years now, limping along when all of their major former titles were long gone.
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Sakurazuka_Reika



Joined: 19 May 2009
Posts: 525
Location: Malta
PostPosted: Wed Apr 06, 2011 5:17 pm Reply with quote
That's what you get for turning Sanji's cigarette into a lollipop. Hmph.
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ZipZapZopTitania



Joined: 18 Sep 2010
Posts: 132
PostPosted: Wed Apr 06, 2011 5:23 pm Reply with quote
Primus wrote:
walw6pK4Alo wrote:
There, everyone got their wish. Who will be the scourge of the anime industry now?


Rhymes with Wiz.


That's what they get for screwing with my Vampire Knight. I approve of said new scourge. Razz (As long as they finish translating the manga before they go.)

As for 4kids: all you need now is just four more chapters down...that's it, easy does it, there you go...c'mon, just a bit farther, and then we will all laugh at you. Hahahaha.

Eat it, 4kids! Eat it, I say!
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firedragon54738



Joined: 24 Sep 2007
Posts: 3112
Location: wisconsin
PostPosted: Wed Apr 06, 2011 5:26 pm Reply with quote
Well at less it a start but there still not dead
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SaiyanHero16



Joined: 23 Jan 2010
Posts: 265
Location: South Carolina
PostPosted: Wed Apr 06, 2011 5:40 pm Reply with quote
I hope they don't come out of Chapter 11. I want 4Kids gone; I have for a long time. Their adaptions have been a slap in the face to anime fans everywhere.
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