4Kids Entertainment and American Kennel Club(R) Extend Worldwide Representation Agreement with New Multi-Year Agreement.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- 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. ) and the American Kennel Club American Kennel Club (AKC), national organization in the United States devoted to the advancement and welfare of pure-bred dogs. It is comprised of approximately 500 autonomous clubs. (AKC AKC - Ascending Kleene Chain (R)) announced today a multi-year extension of their worldwide representation agreement. Through this extension, 4Kids Entertainment - the licensing and marketing agent behind such powerhouse properties as Yu-Gi-Oh!(R) and Cabbage Patch Kids Cabbage Patch Kids are a brand of doll created by Xavier Roberts in 1978. The original dolls were all cloth and were available at local craft shows, and later at Babyland General Hospital in Cleveland, Georgia. (R) - will continue serving as the AKC's exclusive worldwide licensing agent for the AKC's extensive collection of imagery and trademarks in all merchandise categories. "Over the past decade, the pet product industry has grown exponentially, outpacing the toy and candy industries with nearly $36 billion spent on pets annually in the U.S.," said Alfred R. Kahn
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 CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 4Kids Entertainment. "In continuing our successful partnership with the AKC, we look forward to meeting the growing global demand for 'blue ribbon' dog products that reflect the quality and prestige long associated with the AKC's 122-year history." Since joining forces in 2003, 4Kids Entertainment and the American Kennel Club have been at the forefront of the burgeoning pet product industry thanks to their comprehensive focus on building the AKC into a premiere retail dog brand. 4Kids has successfully established the AKC as the "best in breed" in pet products by brokering multi-year deals with such industry leaders as JAKKS Pacific (toys and treats), renowned designer Barry Kieselstein-Cord (luxury dog accessories and jewelry), Oster Professional Products (dog grooming), Sherpa's Pet Trading Company (dog carriers) and Flexi-Mat (dog beds). This renewed partnership will enable 4Kids and the AKC to continue participating in the pet industry boom with plans to expand the AKC brand into such categories as pet cleaning products, pet safety products and collectible art work. "Our organization has long prided itself on providing the true gold standard in dog care," added Gail Miller, Director of Brand Development of the American Kennel Club. "That's why we are pleased to extend our agreement with 4Kids Entertainment, a leading force in children's and family licensing and entertainment. Given the ever-growing pet product industry, our unique relationship with 4Kids creates more opportunities to provide dog lovers worldwide with quality products as well as promote public awareness and appreciation of the wonderful world of purebred purebred progeny derived from at least several generations of animals of the same breed. purebred herds herds (or flocks) composed of purebred animals. Not necessarily registered animals. Distinct from crossbred herds. dogs." 4Kids Entertainment also serves as the exclusive worldwide merchandise licensing agent for the Cat Fanciers' Association The Cat Fanciers' Association, Inc. was established in 1906 and is the world's largest registry of pedigreed cats [1] and the predominant cat breeding association in North America. (TM), the world's largest registry of pedigreed cats dedicated to the protection, care and education of responsible ownership for the 90.5 million owned cats in the United States alone. 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, provides domestic and international merchandise licensing; product development; television, film, music and home video production and distribution; media planning and buying; and Web site development. For further information, please visit the Company's Web site at www.4KidsEntertainment.com and www.4Kids.TV. About American Kennel Club: The American Kennel Club(R), founded in 1884, is a not-for-profit organization dedicated to the advancement of purebred dogs. The AKC maintains the largest registry of purebred dogs in the world, oversees the sport of purebred dogs in the United States, and along with its nearly 5,000 licensed and member clubs, educates the general public about responsible dog ownership. More than 16,000 competitions for AKC-registered purebred dogs are held under AKC rules each year including conformation con·for·ma·tion n. One of the spatial arrangements of atoms in a molecule that can come about through free rotation of the atoms about a single chemical bond. , agility, obedience, rally, tracking, herding, lure coursing, coonhound coonhound a term loosely applied to a number of varieties of hunting dogs in the southern United States, few of which are recognized as specific breeds. See black and tan coonhound, bluetick coonhound, english coonhound, redbone coonhound, treeing walker coonhound. events, hunt tests, field and earthdog trials. Affiliate AKC organizations include the AKC Canine Health Foundation, AKC Companion Animal Recovery and the AKC Museum of the Dog. For more information, visit www.akc.org. American Kennel Club(R) and AKC(R) are registered trademarks of the American Kennel Club. The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion