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Jul - News - 4Kids loses rights to Yugioh, sued in millions for fraud and infringement New poll - New thread - New reply
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Viola

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Posted on 04-05-11 12:48:22 PM Link | Quote
Yes, I am serious.


To summarize, Tokyo TV is filing a $4,000,000 lawsuit against one of the most despised names in the anime industry, 4Kids Entertainment, but wait until you hear why.

4Kids joined with Funimation and Majesco to hide income from Tokyo TV regarding the Yu-Gi-Oh! home videos. For that reason, Tokyo TV has now terminated its contract with 4Kids, legally denying them the right to touch Yu-Gi-Oh. It gets better, though...

Not ONLY did they withhold funds regarding the series on video, but 4Kids and these companies also licensed the franchises and series of other companies to themselves for television broadcast and home movie sales. In other words, many of those animes you hate them for dubbing and censoring? Not only did they have no legal right to do it, but actually committed fraud to pull it off, hence the pricey lawsuit.

Not done yet though: In all that fraud, 4Kids also withheld taxes. That's another $2,500,000 they owe someone.

4Kids has mostly refused to cooperate.

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Lunaria

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Posted on 04-05-11 12:56:38 PM Link | Quote




This! Is news that I love to hear!

I can't wait until they get their asses kicked in court!

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Zero One
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Posted on 04-05-11 12:57:03 PM (last edited by Zero One at 04-05-11 01:27 PM) Link | Quote
I hope this doesn't affect the Abridged Series!

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sofi

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Posted on 04-05-11 04:03:38 PM Link | Quote
Well, they were going to be found out sooner or later. I'm surprised it took Tokyo TV this long to do anything about it actually.

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Lyskar
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Posted on 04-05-11 06:06:20 PM Link | Quote
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Metal_Man88's Post
C'mon, Tokyo TV. Kill 4Kids forever and then re-release Yu-Gi-Oh in non-butchered format. Then we can all dance on the grave of 4Kids for this travesty.

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Gabu

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Posted on 04-06-11 12:14:13 AM Link | Quote
Well, looks like that ICBM is heading straight for 4KidsTV after all.

I guess that means the one heading for Japan has to be stopped.



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Danika
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Posted on 04-06-11 12:26:42 AM Link | Quote
00:00:00 KIP wishes you a Happy Easter!
POST #
5694		Chapter 11 for them? Possibly

Then again, they pretty much butchered Pokémon

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paulguy

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Posted on 04-06-11 01:25:51 AM Link | Quote
Paulguy's Post configuration
$4 million might not be that much money for them. It might hurt, but it probably won't bring them down.

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Rick
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Posted on 04-06-11 02:46:03 AM Link | Quote
Even still though, it's kinda nice to see something using fraud get a nice swift kick in the balls for being douchebags.

Good job, Tokyo TV!

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Rachel Mae

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Posted on 04-06-11 04:39:10 AM Link | Quote
They must not be doing terribly well if Yu-Gi-Oh! is (er, was) the only thing keeping them afloat.

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Nicole

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Posted on 04-07-11 12:16:29 PM Link | Quote
Originally posted by Illumina
Chapter 11 for them? Possibly

Yep.

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Tyty

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Posted on 04-27-11 04:43:18 PM Link | Quote
Originally posted by Illumina
Chapter 11 for them? Possibly

Then again, they pretty much butchered Pokémon

They didn't start butchering pokemon till part way through actually.

Go look at the Squirtle Squad episode. Team Rocket has guns and stuff.

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Posted on 04-27-11 07:00:56 PM Link | Quote
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Metal_Man88's Post
Originally posted by Teyla
Originally posted by Illumina
Chapter 11 for them? Possibly

Then again, they pretty much butchered Pokémon

They didn't start butchering pokemon till part way through actually.

Go look at the Squirtle Squad episode. Team Rocket has guns and stuff.


I was gonna say. It was only around the time where Ash gets Tauros that suddenly the plot started to become a trademark 4Kids 'WHAT EPISODE DID THEY JUST CUT OUT?!' mess.

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Posted on 04-27-11 09:13:53 PM Link | Quote
2065
Does this signal the extinction of anime on US television?

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Posted on 04-27-11 09:17:56 PM Link | Quote




No, hopefully, this signal the start of it! =)

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Posted on 04-28-11 08:45:36 AM Link | Quote
This is the best thing to ever happen to anime... ever!
Originally posted by Zero One
I hope this doesn't affect the Abridged Series!

I'm sure there will, at the expense of 4Kids.

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Jul - News - 4Kids loses rights to Yugioh, sued in millions for fraud and infringement New poll - New thread - New reply


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