Printer Friendly
The Free Library
14,679,458 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

4Kids Entertainment Taps Majesco As Publisher And Distributor Of Game Boy Advance Video Titles.


Entertainment Editors/Business Editors

NEW YORK--(BUSINESS WIRE)--March 11, 2004

Proprietary Technology Enables 20 Million Game Boy(R) Advance

Owners To Watch 4Kids' Produced Series Anywhere They Go

4Kids Entertainment, Inc. (NYSE NYSE

See: New York Stock Exchange
: KDE (K Desktop Environment) A GUI-based user interface primarily for Unix and Linux machines, but also available for Windows and Mac. The source code is freely distributed and is maintained by developers around the world. ) announced today that it has entered into an agreement with Majesco Sales Inc., the sole operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock.  of ConnectivCorp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: CTTV CTTV City of Tampa Television
CTTv CSF1PO, TPOX, THO1, and vWA (human genome) 
.OB), for Majesco to publish and distribute in the United States and Canada a total of 12 episodes of certain 4Kids' produced television series. It is expected that episodes of YU-GI-OH!, TEENAGE MUTANT NINJA TURTLES and SONIC X will be sold as part of the new Game Boy(R) Advance Video(TM) product line scheduled to debut in May 2004.

Under the terms of the 4Kids-Majesco agreement, the TV episodes produced by 4Kids will be available for viewing on Nintendo's Game Boy Advance handheld system. Both 4Kids and Majesco have Nintendo approved proprietary compression technology that enables them to compress full TV episodes so that they can be manufactured onto a Game Boy Advance cartridge and played on the portable handheld system. Additional terms of the deal call for the promotion of the episodes on 4Kids Entertainment's FOX BOX programming block and the FOX BOX Web site.

"We are pleased to be working with Majesco to bring 4Kids' produced content to the installed base of more than 20 million Game Boy Advance and Game Boy Advance SP units," said Alfred R. Kahn
''"Al Kahn" redirects here. For the city in the United Arab Emirates, see Al Khan.


Alfred R. Kahn (born in New York City, New York U.S. in May 29 1947) is Chairman and CEO of 4Kids Entertainment, a New York Stock Exchange-listed company that is a global
, Chairman and Chief Executive Officer of 4Kids Entertainment. "Now, fans of 4Kids' series such as YU-GI-OH!, TEENAGE MUTANT NINJA TURTLES and SONIC X can easily take their favorite shows anywhere they can take their Game Boy Advance systems."

"The ability to watch popular videos in a mobile fashion compliments the Game Boy system's portable applications," said Jesse Sutton, Chief Executive Officer, Majesco Sales Inc. "With their excellent content and youth marketing expertise, we believe 4Kids Entertainment to be a valuable partner in launching our new lineup of Game Boy Advance Video Game Boy Advance Video is a format for putting video onto Game Boy Advance cartridges. The video is played using the game system's screen and sound hardware. These video cartridges are from Majesco Sales. The video cartridges are colored white for easy identification.  products."

About 4Kids Entertainment

Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 with international offices in London, 4Kids Entertainment, Inc. (NYSE: KDE) is a global provider of children's entertainment and merchandise licensing. 4Kids, through its wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, provides domestic and international merchandise licensing; television, film, music and home video production and distribution; media planning and buying; product development; and Web site development. For further information, please visit the Company's Web site at www.4KidsEntertainment.com.

About Majesco

Established in 1986 and headquartered in Edison, NJ, with offices in the United Kingdom, Majesco is the sole operating unit operating unit

A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon
 of ConnectiveCorp (OTC BB: CTTV.OB) and is a leading international developer, publisher and distributor of interactive entertainment products for the Xbox video game systems from Microsoft, Sony PlayStation 2 computer entertainment system, and Nintendo GameCube and Game Boy Advance systems, as well as the personal computer. The Company's 2004 lineup includes the critically acclaimed Advent Rising, the first in a trilogy of action/adventure games; BloodRayne 2, the sequel to its popular action/horror series, as well as the launch of its GBA GBA Game Boy Advance (Nintendo 32-Bit Game Boy)
GBA Gran Buenos Aires (Argentina)
GBA God Bless America
GBA Gundam Battle Assault (video game)
GBA Alderney
 Video product line, which utilizes the Company's proprietary video compression technology to enable consumers to view commercial-grade video on a standard Nintendo GameBoy Advance system.

This press release contains forward-looking statements. Due to the fact that 4Kids Entertainment, Inc., faces competition from toy companies, television networks, motion picture studios and other licensing companies, and the uncertainty of public response to the Company's properties, actual results or outcomes may differ materially from any such forward-looking statements.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 11, 2004
Words:583
Previous Article:NRG Energy Reports 2003 Financial Results; Names Robert Flexon Chief Financial Officer; Announces Intention to Relist on NYSE.
Next Article:Milacron Discloses Details of Discussions with Bondholders; Negotiations Continuing with Potential New Investors.



Related Articles
Majesco Secures Rights to Popular 4Kids Entertainment Properties for Game Boy Advance Video.
Majesco Reports Record First Quarter Results; Net Revenues Increase 84 Percent; Operating Income Grows by $2 Million and Exceeds Previous Guidance by...
Majesco Raises Revenue Guidance for Fiscal 2004; Operating Income Estimated To Be Between $12-$15 Million Versus A $9 Million Loss For Prior Year.
Listen up!; Majesco Acquires License to Manufacture and Distribute Neckband Style Headphones Exclusively for Use with the Game Boy Advance SP.
Majesco Files Patents for Compression Technologies for Handheld Devices.
Majesco Ships First 'Game Boy Advance Video' Titles; Retail Sell-in Expected to Exceed Two Million Units.
Majesco Reports Second Quarter Results; Strong Sales of Game Boy Advance Titles Drive 24 Percent Increase in Revenues; Operating Income Rises to $1.1...
Majesco Continues Game Boy Advance Video Roll-Out with 'The Adventures of Jimmy Neutron, Boy Genius'.
Majesco Ships Two New Cartoon Network Game Boy Advance Video Titles.
Majesco Ships Two New Properties for Game Boy Advance Video; 'Yu-Gi-Oh!' and 'Teenage Mutant Ninja Turtles' Available in Stores Now.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles