Yu-Gi-Oh-No!: Studio sues 4Kids for $4 million

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4Kids Enter­tain­ment has been sued by the Japan­ese anime stu­dio that cre­ated the hit Yu-Gi-Oh! and Poké­mon series, charg­ing that mil­lions of dol­lars are owed for mak­ing secret pacts with TV net­works and home video distributors.

TV Tokyo Cor­po­ra­tion and Nihon Ad Sys­tems filed suit in New York fed­eral court, alleg­ing that 4Kids also made improper roy­alty deduc­tions for the cost of the dub­bing and other expenses. They are seek­ing over $4 mil­lion in dam­ages and other relief for breach of con­tract and fraud. In addi­tion, the com­pa­nies want past money owed.

The com­pa­nies announced that they have can­celed their licens­ing agree­ments with 4Kids due to the alleged breaches of contract.

More on this story at The Big Car­toon Forum

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