4Licensing Corporation

4Licensing Corporation (formerly known as Leisure Concepts, Inc. and 4Kids Entertainment) was an American licensing company.

History
The company was founded as Leisure Concepts Inc. on April 28, 1970.

The company changed its name to 4kids Entertainment Inc. on November 16, 1995.

On March 29, 2011, TV Tokyo and Nihon Ad Systems (NAS) sued 4Kids Entertainment, alleging that the company entered into illegal agreements with other companies, including Funimation and Majesco, regarding the Yu-Gi-Oh! anime franchise. TV Tokyo claimed that those agreements allowed 4Kids to collect royalties without paying a portion of those royalties to TV Tokyo, which violated their original agreement. The companies sought almost $5 million in "underpayments, wrongful deductions, and unmet obligations." As part of the suit, the companies terminated the Yu-Gi-Oh! license from 4Kids. Neither Funimation nor Majesco were listed as defendants in the case.

4Kids informed the licensors on March 27, 2011, that their termination letter was "wrongful and devoid of any factual and legal basis," and that they had not given 4Kids 10 days notice as required. 4Kids further revealed that they had made a good-faith payment of $1 million and agreed to a March 18 meeting in lieu of a lawsuit, which TV Tokyo and NAS nevertheless decided to go ahead with. The company also stated that even if the termination is found to be valid, the company is prepared to do whatever it takes to stay in business. 4Kids filed for Chapter 11 bankruptcy protection and rebranded itself under the name 4Licensing Corporation.

4Licensing Corporation filed for Chapter 11 Bankruptcy a second time on September 21, 2016. The plan went into effect on February 7, 2017.

Films

 * Pokemon films 1-8
 * Yu-Gi-Oh! The Movie - Pyramid of Light
 * Yu-Gi-Oh! Bonds Beyond Time

Other Licenses

 * Pokemon: Mewtwo Returns
 * Pokemon Chronicles
 * Dragon Ball Z Kai (Broadcast rights only; Dropped; Currently licensed and handled by Funimation with original licensor Toei Animation)
 * Pretty Cure (Dropped without dubbing or releasing)
 * Original Productions
 * Yu-Gi-Oh! Capsule Monsters (Original production by 4Kids)
 * Kinnikuman Second Generations: Ultimate Muscle (?)