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Konami has joined the Bidding to Buy Bankrupt 4Kids Entertainment

6/8/12 3:12am

 For those unaware 4Kids declared Bankruptcy last year after they had won a Law Suit between TV Tokyo and Nihon Ad Systems over the Licensing rights of the Yu-Gi-Oh Anime Franchise,fast forward to today during  auctioning to buy 4Kids a group known as Kidsco Media Ventures LLC a affiliate of Saban Entertainment was the first to bid to buy 4Kids, however before Auctioning ended Konami's 4K Acquisition Corp had entered it's bidding to buy the company. What's interesting with the bidding now over instead of having a fight between Konami and Saban Entertainment the two companies are allowed to split 4Kids Entertainment Assets. I don't know if this means if both Companies are now in control of 4Kids or not but what we do know is that the ways of how 4Kids Operates has come to an end so let us Anime Fans rejoice with Victory!

If you want to know more in detail of the Legal Talk click on the link in the Source Area down below.

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g1 DISCUSSIONS

Mach5Mike

June 8, 2012 - 6:41pm

So, if Saban has access to 4Kids, I can expect redubs of shows like Sonic X and Yugioh after episodes of Power Rangers Samurai on Nickelodeion in the near future XD

Kaibaman41

June 8, 2012 - 7:39pm

Plus take in consideration that Konami might be in control as well sense both have 4Kids Assets

NemesisTrestkon

June 8, 2012 - 7:28am

If Konami takes over 4Kids, then something tells me I will expect remasters of Yugioh without invisible guns and such. :)

Kaibaman41

June 8, 2012 - 8:52am

And No Blue Mr Popo either

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