4kids Profits News

*Katie* · 03-18-2007, 04:16 PM

4Kids Posts Million-Dollar Loss in 2006
By Maxie Zeus
03-16-2007, 11:36 AM

--------------------------------------------------------------------------------
4Kids Entertainment lost $2.3 million in the fourth quarter of 2006 on revenues of $18.3 million, the company announced today. That compares to a $500,000 profit on revenues of $23.5 million in the same quarter of 2005.

For the year, 4Kids lost $1 million on revenues of $71.8 million, compared to 2005 earnings of $5.1 million on revenues of $80.6 million.

The company blames the drops on declining licensing revenue from Teenage Mutant Ninja Turtles and Yu-Gi-Oh! and falling sales revenues at 4Kids TV.

Chairman Alfred Kahn says the company has instituted a number of cost-cutting activities, but it is also negotiating a multi-year extension of its agreement with Fox to carry 4Kids TV. Kahn also noted that the company has cash and investments of $111 million and carries no debt.

==================================

we were talking about this on another forum I randomly post in and someone pointed out that maybe if 4kids is losing money like this they may choose to air the lost season because that's a sunk cost to them (ie, it's already been animated and whatnot) instead of spending the money they would have on new Fast Forward episodes...

~~ThemanthatwouldbeRaphael~~ · 03-18-2007, 04:21 PM

Sure, blame it on the Turtles. Maybe if they changed the name and showed stuff other than badly dubbed anime, they wouldn't have this problem.

raphaelprime · 03-18-2007, 05:22 PM

Quote:

Originally Posted by ThemanthatwouldbeRaphael

Sure, blame it on the Turtles.

Well if you think about it, this is profits from 4th quarter of last year, which woulda been when FastFoward started/was airing. This should show them(if they open their eyes and actually think for once) that the 2k3 series, in the present, with the darker tone was doing much better, and the change/jump to FastFoward was a huge mistake.

*ToTheNines* · 03-18-2007, 05:31 PM

I'm not sure if this is good news or bad, I guess it all depends on how 4kids takes this.

*Spitfire* · 03-18-2007, 05:34 PM

Ouch that's not good news. Profit cuts? FF is about as profit cut as you can get. They cut it anymore and I can't imagine what it'll look like.

~~ThemanthatwouldbeRaphael~~ · 03-18-2007, 05:40 PM

Quote:

Originally Posted by raphaelprime

Well if you think about it, this is profits from 4th quarter of last year, which woulda been when FastFoward started/was airing. This should show them(if they open their eyes and actually think for once) that the 2k3 series, in the present, with the darker tone was doing much better, and the change/jump to FastFoward was a huge mistake.

I know, I was being sarcastic.

You know, like "blame the black guy" or something.

Spawn Guy · 03-18-2007, 05:59 PM

Oh em gee! Racist , one,one, exclamation mark, one!

tortugapower · 03-18-2007, 06:17 PM

http://www.animenewsnetwork.com/news...it-falls-again

4Kids Profit Falls Again
9% decline brings net income to $34,0004Kids's second quarter revenue fell from $18 million in 2005 to $16.7 million this year, Chairman and CEO Al Kahn reported in a conference call. The company also reported a net income of $34,000.

Kahn cited $1.7 million in severance costs as part of the $2.1 million increase in "general and administrative expenses" since Q2 2005.

"While we experienced gains in revenues attributable to our Yu-Gi-Oh!, Cabbage Patch Kids and The Winx Club brands, these gains were offset by declines in revenues from the Teenage Mutant Ninja Turtles and the American Kennel Club properties," Kahn said.

Yu-Gi-Oh!'s additional revenue of $2.8 million is owed to "changes in the manner in which sales are calculated by a licensee," he said.

Kahn also cited 4Kids's new strategy of owning a property rather than licensing it, which he said hurt short-term profits this quarter.

He further emphasized that 4Kids has no long term debt and retains $113.5 million "in the bank."

---

I just saw the movie. It will likely do well and there'll be more episodes beyond the ones they are making now with the TMNT back in the present.

The Terror of Death · 03-18-2007, 06:41 PM

Quote:

Originally Posted by tortugapower

I just saw the movie. It will likely do well and there'll be more episodes beyond the ones they are making now with the TMNT back in the present.

Am I mistaken or did you just say they are making episodes of the tmnt in the present again. I demand a source!

Ratchet · 03-18-2007, 06:51 PM

Reads like hypothesis to me (I think I picked the right word...

)

~~Toonami Tom~~ · 03-18-2007, 07:05 PM

Quote:

Originally Posted by Spitfire666xXxXx

Ouch that's not good news. Profit cuts? FF is about as profit cut as you can get. They cut it anymore and I can't imagine what it'll look like.

It will look like this:

~~ThemanthatwouldbeRaphael~~ · 03-18-2007, 07:20 PM

Quote:

Originally Posted by Master Chief

It will look like this:

With that budget, the 4 turtles will all be voiced by Paulie Shore.

*VaughnMichael* · 03-18-2007, 07:39 PM

Quote:

Originally Posted by Spitfire666xXxXx

Ouch that's not good news. Profit cuts? FF is about as profit cut as you can get. They cut it anymore and I can't imagine what it'll look like.

hahaha squid billy's (and before anyone bashes me I like that show so bite me)

*Spitfire* · 03-18-2007, 07:43 PM

Quote:

Originally Posted by Putrescent

hahaha squid billy's (and before anyone bashes me I like that show so bite me)

Lol of Tom Goes To Mayor. That show has to have a 5 dollar production cost.

Peanut · 03-18-2007, 08:05 PM

Quote:

Originally Posted by Spitfire666xXxXx

Lol of Tom Goes To Mayor. That show has to have a 5 dollar production cost.

I think you both missed the mark. 12 oz. Mouse wins this one!

*VaughnMichael* · 03-18-2007, 09:24 PM

Quote:

Originally Posted by Peanut

I think you both missed the mark. 12 oz. Mouse wins this one!

haha you know I've never seen that show.

The Terror of Death · 03-18-2007, 09:27 PM

Quote:

Originally Posted by Ratchet

Reads like hypothesis to me (I think I picked the right word...

)

My bad! I guess I got too optimistic for a moment.

~~LogicDonny~~ · 03-18-2007, 11:29 PM

I do not care much for the other 4kids shows. tmnt is where it's at and they had to make a new series lol. Well at least the show isn't that bad.. Better than Next mutation..

Support the movie, watch it, if the money comes in, 4kids will contuine tmnt!

Ra · 03-19-2007, 01:26 AM

Ooo...dang. This does not look good. Not good at all... *shakes her head*

Judging by this, it looks like 4Kids is all set up to take Yugi-oh and TMNT off the air. I really hope this isn't the case and it's just my bad judgement getting the better of me, but I really can't help but think that. It's just horrible...first they start choking the turtles with the introduction of Fast Forward, and now they are blaming them for bad sales. Oh, how I hate them!

**GK Punk** · 03-19-2007, 01:37 AM

that looks a lot like the one they said last year. Including blaming TMNT and Yugi

03-18-2007, 04:16 PM	#1
Katie Just...way too serious. Join Date: May 2005 Location: purgatory Posts: 3,519	4kids Profits News 4Kids Posts Million-Dollar Loss in 2006 By Maxie Zeus 03-16-2007, 11:36 AM -------------------------------------------------------------------------------- 4Kids Entertainment lost $2.3 million in the fourth quarter of 2006 on revenues of $18.3 million, the company announced today. That compares to a $500,000 profit on revenues of $23.5 million in the same quarter of 2005. For the year, 4Kids lost $1 million on revenues of $71.8 million, compared to 2005 earnings of $5.1 million on revenues of $80.6 million. The company blames the drops on declining licensing revenue from Teenage Mutant Ninja Turtles and Yu-Gi-Oh! and falling sales revenues at 4Kids TV. Chairman Alfred Kahn says the company has instituted a number of cost-cutting activities, but it is also negotiating a multi-year extension of its agreement with Fox to carry 4Kids TV. Kahn also noted that the company has cash and investments of $111 million and carries no debt. ================================== we were talking about this on another forum I randomly post in and someone pointed out that maybe if 4kids is losing money like this they may choose to air the lost season because that's a sunk cost to them (ie, it's already been animated and whatnot) instead of spending the money they would have on new Fast Forward episodes... __________________ THE WORLD IS JUST AWESOME

03-18-2007, 05:34 PM	#5
Spitfire Writer • Director Join Date: Mar 2004 Location: Los Angeles Posts: 12,035	Ouch that's not good news. Profit cuts? FF is about as profit cut as you can get. They cut it anymore and I can't imagine what it'll look like. __________________ Check out my online portfolio http://www.christopherpelletier.com/

03-18-2007, 05:59 PM	#7
Spawn Guy Mad Scientist Join Date: Aug 2006 Location: Earth 616 Posts: 1,481	Oh em gee! Racist , one,one, exclamation mark, one! __________________ *THE TECHNODROME'S LITTLE YELLOW BOX LOVER* madpiratebunny (19:26:51): oh goodness, I've got an idea SpawnGuyThing (19:26:57): Do tell madpiratebunny (19:27:02): nononono madpiratebunny (19:27:05): no telling SpawnGuyThing (19:27:10): ... SpawnGuyThing (19:27:27): But I'm the imaginery friend you always wanted SpawnGuyThing (19:27:36): Your supposed to tell me everything

03-18-2007, 06:17 PM	#8
tortugapower Foot Soldier Join Date: Sep 2005 Posts: 129	http://www.animenewsnetwork.com/news...it-falls-again 4Kids Profit Falls Again 9% decline brings net income to $34,0004Kids's second quarter revenue fell from $18 million in 2005 to $16.7 million this year, Chairman and CEO Al Kahn reported in a conference call. The company also reported a net income of $34,000. Kahn cited $1.7 million in severance costs as part of the $2.1 million increase in "general and administrative expenses" since Q2 2005. "While we experienced gains in revenues attributable to our Yu-Gi-Oh!, Cabbage Patch Kids and The Winx Club brands, these gains were offset by declines in revenues from the Teenage Mutant Ninja Turtles and the American Kennel Club properties," Kahn said. Yu-Gi-Oh!'s additional revenue of $2.8 million is owed to "changes in the manner in which sales are calculated by a licensee," he said. Kahn also cited 4Kids's new strategy of owning a property rather than licensing it, which he said hurt short-term profits this quarter. He further emphasized that 4Kids has no long term debt and retains $113.5 million "in the bank." --- I just saw the movie. It will likely do well and there'll be more episodes beyond the ones they are making now with the TMNT back in the present. Last edited by tortugapower; 03-18-2007 at 06:25 PM.

03-19-2007, 01:26 AM	#19
Ra It's my desire? Join Date: Sep 2004 Location: In your pants. Posts: 4,441	Ooo...dang. This does not look good. Not good at all... shakes her head Judging by this, it looks like 4Kids is all set up to take Yugi-oh and TMNT off the air. I really hope this isn't the case and it's just my bad judgement getting the better of me, but I really can't help but think that. It's just horrible...first they start choking the turtles with the introduction of Fast Forward, and now they are blaming them for bad sales. Oh, how I hate them! __________________ "So. The whole lot of you against little old me? How retarded."

03-18-2007, 04:21 PM	#2
~~ThemanthatwouldbeRaphael~~ Banned Join Date: Aug 2005 Location: The Seventh Layer of Hell Posts: 1,929	Sure, blame it on the Turtles. Maybe if they changed the name and showed stuff other than badly dubbed anime, they wouldn't have this problem.

03-18-2007, 05:31 PM	#4
ToTheNines Col. Stinkmeaner Join Date: Mar 2007 Posts: 19,084	I'm not sure if this is good news or bad, I guess it all depends on how 4kids takes this.

03-18-2007, 06:51 PM	#10
Ratchet Foot Soldier Join Date: Nov 2006 Posts: 167	Reads like hypothesis to me (I think I picked the right word... )

03-18-2007, 11:29 PM	#18
~~LogicDonny~~ Banned Join Date: Nov 2006 Posts: 1,643	I do not care much for the other 4kids shows. tmnt is where it's at and they had to make a new series lol. Well at least the show isn't that bad.. Better than Next mutation.. Support the movie, watch it, if the money comes in, 4kids will contuine tmnt!

03-19-2007, 01:37 AM	#20
GK Punk I'm your Devil Join Date: Feb 2003 Posts: 12,439	that looks a lot like the one they said last year. Including blaming TMNT and Yugi