4Kids To Produce and Launch New Teenage Mutant Ninja Turtles Series.Business Editors NEW YORK--(BUSINESS WIRE)--May 7, 2002 Company To Serve As Exclusive Global Merchandise Licensing Representative For The Property Set To Air On The Recently Acquired 4Kids Entertainment Saturday Morning Kids Block On Fox 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 Mirage Licensing, Inc., the holder of the rights to Teenage Mutant Ninja Turtles, announced today that 4Kids will produce twenty-six (26) episodes of a new animated Teenage Mutant Ninja Turtles television series. The new Ninja Turtles series is scheduled to premiere in the first quarter of 2003 on the Fox Saturday Morning Block programmed by 4Kids. In addition to producing the television series, 4Kids will also serve as the exclusive merchandise licensing agent for the Teenage Mutant Ninja Turtles property worldwide. "We are delighted to be working with Peter Laird, the co-creator of the Teenage Mutant Ninja Turtles, to introduce the Ninja Turtles to a new generation of fans," said Al Kahn, 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. "The Ninja Turtles property enjoys worldwide popularity and we expect the new Ninja Turtles series to be must see TV for kids around the globe. There has always been tremendous interest in the Turtles and we expect that the master toy licensee, Playmates Toys, Inc., will quickly be joined by other leading children's merchandise companies around the globe in supporting the re-launch of the Ninja Turtles." "We are thrilled to partner with 4Kids to produce a new Teenage Mutant Ninja Turtles series," said Gary Richardson Gary Richardson was born February 5, 1941, in Caddo, Oklahoma (located in Bryan County, Oklahoma) and is an American lawyer who practices law in Tulsa, Oklahoma. Presently, he is employed by the Richardson Law Firm, P.C. , CEO of Mirage. "4Kids has established itself as a leading producer of quality children's entertainment with such shows as Pokemon and Yu-Gi-Oh! at the top of the children's television ratings Television ratings may refer to:
The Teenage Mutant Ninja Turtles were created in May 1984 when Peter Laird and Kevin Eastman published a forty page black and white comic book comic book Bound collection of comic strips, usually in chronological sequence, typically telling a single story or a series of different stories. The first true comic books were marketed in 1933 as giveaway advertising premiums. . The original Ninja Turtles animated series debuted in 1987. It was the #1 children's television show throughout the late 1980's and early `90's. Ninja Turtles merchandise licensees, including master toy licensee Playmates Toys and videogame licensee Konami were also enormously successful, selling in excess of $1 billion in sales at retail for toys, videogames and other merchandise within all product categories. "In reintroducing the Teenage Mutant Ninja Turtles, I am pleased to say that 4Kids will be going back to the Turtles' comic book roots," said Peter Laird, co-creator of the Turtles. "We anticipate that the new Ninja Turtles series will contain the same irreverent ir·rev·er·ent adj. 1. Lacking or exhibiting a lack of reverence; disrespectful. 2. Critical of what is generally accepted or respected; satirical: irreverent humor. contemporary humor humor, according to ancient theory, any of four bodily fluids that determined man's health and temperament. Hippocrates postulated that an imbalance among the humors (blood, phlegm, black bile, and yellow bile) resulted in pain and disease, and that good health was and compelling action sequences that the Turtles are famous for, updated for the 21st century." 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 and product development, television, film, music and home video production and distribution, media buying and planning and website development. For further information, please visit the company's Web site at www.4kidsEntertainment.com. About Mirage Licensing, Inc. Mirage Licensing, Inc. is the licensing arm of a group of companies - Mirage Studios, Inc., Mirage Management, Inc., Mirage Publishing, Inc. - located in Northampton, Massachusetts Northampton is a city in Hampshire County, Massachusetts, United States. The population was 28,978 at the 2000 census. It is the county seat of Hampshire County. History that for 18 years has administered, nurtured and protected the Teenage Mutant Ninja Turtles property, one of the most successful and respected worldwide children's entertainment and merchandise properties of all time. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Due to the fact that 4Kids Entertainment Inc. faces competition from toy companies, 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. This release and prior releases are available on the Company's Worldwide Web site at www.4KidsEntertainment.com. You may register to receive 4Kids Entertainment's future press releases or to download a complete Digital Investor Kit(TM) including press releases, regulatory filings and corporate materials by clicking on the "Digital Investor Kit(TM)" icon at www.kcsa.com. |
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