4Kids and KidsCo Media Ventures LLC have went to the US Bankruptcy courts to file documents about the buy out of Yu-Gi-Oh! .That Tuesday 4Kids is selling to KidsCo Media what they say, "substantially all of [their] Yu-Gi-Oh!-related assets" to KidsCo Media, a company incorporated in April 4, 2012 for $10M.
The proposed sale also includes the sale of rights relating to the Dragon Ball Z series, including 52 episodes of the television show, as well as the company's rights relating to Dragon Ball Z Kai. The closing date for the sale described in the agreement is June 30, 2012.
4Kids filed for bankruptcy last year shortly after a lawsuit was filed by TV Tokyo, Nihon Ad Systems, and ADK. The suit reached an "amicable" settlement earlier this year, with ADK and TV Tokyo paying US$8 million to 4Kids.
[source:ANN]
- Rizumi/Rabbit
The proposed sale also includes the sale of rights relating to the Dragon Ball Z series, including 52 episodes of the television show, as well as the company's rights relating to Dragon Ball Z Kai. The closing date for the sale described in the agreement is June 30, 2012.
4Kids filed for bankruptcy last year shortly after a lawsuit was filed by TV Tokyo, Nihon Ad Systems, and ADK. The suit reached an "amicable" settlement earlier this year, with ADK and TV Tokyo paying US$8 million to 4Kids.
[source:ANN]
- Rizumi/Rabbit
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