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4Kids Entertainment informed the licensors on March 27, 2011, that their termination letter was "wrongful and devoid of any factual and legal basis," and that they had not given 4Kids 10 days' notice as required. 4Kids further revealed that they had made a good-faith payment of $1 million and agreed to a March 18 meeting in lieu of a lawsuit ...
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Cross Media was founded in November 1992 as 4Kids Productions, a subsidiary of 4Kids Entertainment (which later became 4Licensing Corporation). After 4Kids was dissolved on June 30, 2012, due to a continued lack of profitability, [ 1 ] their production office would be acquired by Konami and renamed 4K Media later that year.
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Lacey's early involvement with 4Kids Entertainment [2] began with a then-little-known children's program, Pokémon. [3] Through Lacey's marketing and global distribution strategies, Pokémon was licensed to every major international broadcast market, becoming the leading kids entertainment brand in the world.
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