4Kids Gets Sued By Japanese Producers For Illegal Transactions of Yu-Gi-Oh

According to the Hollywood Reporter, TV Tokyo and the advertising agency Nihon Ad Systems (NAS) have terminated the license contract of the Yu-Gi-Oh! series with 4Kids Entertainment and have sued 4Kids for illicit transactions. 4Kids allegedly manipulated the accounts and paid a...
15 years ago
According to the Hollywood Reporter, TV Tokyo and the advertising agency Nihon Ad Systems (NAS) have terminated the license contract of the Yu-Gi-Oh! series with 4Kids Entertainment and have sued 4Kids for illicit transactions. 4Kids allegedly manipulated the accounts and paid a significantly smaller amount of royalties to TV Tokyo and NAS than they should have paid. For example, 4Kids had hidden their contract with FUNimation and more than 45% of the package sales from the two Japanese companies. 4Kids had been holding the worldwide distributing licenses of the Yu-Gi-Oh! series for more than ten years and has earned $152 million.

Sources: Hollywood Reporter, Anime!Anime!
Via MyAnimeList News

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