4kids buys time on Fox Kids
Now that everyone has cried their eyes out at the loss of Yu-Gi-Oh, Card Captor Sakura,
X-Men Evolution, and Pokemon(not much of a loss there ~_^) I have something that
might bring a sparkle to your eyes.
Beginning with the September 2002 broadcast year, 4Kids Entertainment will
provide all programming content for Fox's Saturday morning broadcast block,
which airs from 8am to 12pm ET/PT (7am to 11am CT). Under the terms of the
agreement, 4Kids will also have the right to retain all revenue from the
network advertising sales during the four-hour time period. The agreement has
an initial term of four broadcast years, with 4Kids having the option to extend
the term for up to two additional broadcast years. 4Kids will pay a license fee
of approximately $25.3 million for each broadcast year during the initial term
of the agreement. The agreement provides for 50% of the fee for the first broadcast
season to be paid currently, with the balance of the fee for the first broadcast
season to be paid in four equal installments in September, December, February and
April of the broadcast year. Fees for each subsequent broadcast year are payable 50%
in the June preceding the beginning of the broadcast year with the balance of the
fee for the broadcast year payable in four equal installments in September, December,
February and April. The agreement further provides that, at 4Kids option, up to $10.3
million of each year's fee may be paid in 4Kids common stock.
And exactly what does that mean? You might be asking, well it means that on
Saturday morning's we will now be able to see some of the WB's programs on FoxKids.
The episodes being Pokemon, Card Captor Sakura (CardCaptors) and later in the fall
season Yu-Gi-Oh!!!! When I was surfing the net trying to find some cards for Yugi I
went to the Dungeon and lo and behold here is the info I found, as you can imagine I
was literally crying with joy. I may be a Digimon fan but I'm sorry to say I nearly
died at the thought of losing Yami Yugi and Joey and Triston.
ALRIGHT FOX KIDS!!!!!!!!!!
~Lady Dragon