4Kids profits slowly falling

Posted on Anime News Network

4Kids released its quarterly financial report. Net income was $1.5 million, down $0.5 million from first quarter 2005.

"Our gains in licensing revenue from Cabbage Patch Kids domestically and Winx Club internationally partially offset declines in licensing revenues from the Yu-Gi-Oh! and Teenage Mutant Ninja Turtles properties," 4Kids Chairman and CEO Al Kahn said in a press release.

4Kids's first quarter net revenue was $19.8 million, compared to $20.3 million in the same period last year.

4Kids's financial report for fiscal 2005 and 4th quarter 2005 can be seen Here

Here's the possible reason why:
http://www.animenewsnetwork.com/article.php?id=8878

What a happy news hope they bankrupt.

Maybe we can get nice unaltered shows from now on :/.

Eventually they will listen to what the fans want. Don't get your hopes up on them doing that fort One Piece though :-\.