SOURCE: Animation Collective

February 08, 2006 08:00 ET

4Kids Entertainment Named Worldwide Licensing, Marketing and Promotional Agent for the Yoga-Inspired Children's Series "YoMonkeys"

Animation Collective's Comedic Series Teaches Children the Importance of Health and Exercise

NEW YORK, NY -- (MARKET WIRE) -- February 8, 2006 -- 4Kids Entertainment, Inc. (NYSE: KDE), a global provider of children's entertainment and merchandise licensing, announced today it has acquired the exclusive worldwide licensing rights to Animation Collective's health-oriented, new children's yoga-inspired series, "YoMonkeys." As part of this agreement, 4Kids Entertainment will manage the marketing, promotional and licensing initiatives of this short format television series on a global basis, as well as control the U.S. broadcast and web rights.

The brainchild of Animation Collective's Larry Schwarz, creator of the soon-to-debut series "Kappa Mikey" (premiering February 25 on Nicktoons), comedic series "YoMonkeys"consists of 52 interstitial-length episodes that teach children the basics of yoga -- an increasingly popular activity that promotes flexibility and overall fitness. The series further augments 4Kids Entertainment's recently launched "Healthy 4Kids" website (www.4Kids.TV/healthy/). This new platform is dedicated to educating children of all age groups about the importance of healthy eating and physical activity.

"At a time when parents are calling for networks to offer more health-oriented programming for children, 4Kids Entertainment is taking a leadership position in addressing the importance of healthy eating and physical activity for kids," said Alfred R. Kahn, Chairman and CEO of 4Kids Entertainment. "'YoMonkeys' will not only introduce kids to the healthful and popular practice of yoga, but the series also serves as a perfect complement to our 'Healthy 4Kids' website."

"With its quirky, character-driven comedy, 'YoMonkeys' is a great way to introduce yoga to children around the world," Schwarz said. "Working with 4Kids Entertainment, a leader in children's entertainment, gives us an opportunity to continue developing enduring brands across a variety of platforms."

4Kids Entertainment and Animation Collective plan to develop a comprehensive licensing and marketing program for "YoMonkeys" that showcases the series' innovative format and groundbreaking content.

About 4Kids Entertainment

Headquartered in New York City 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; television, film, music and home video production and distribution; media planning and buying; product development; and website development. For further information, please visit the Company's websites at www.4KidsEntertainment.com and www.4Kids.TV.

About Animation Collective

New York City-based Animation Collective (www.animationcollective.com) is a leader in creating animated childrens programming for television, the Internet and home video. Larry Schwarz is the creator and executive producer of all of Animation Collective's original television series including "Kappa Mikey" -- Nickelodeons first ever global acquisition -- "Leader Dog," and "Tortellini Western" for Nicktoons Network and "Ellen's Acres" and "HTDT" for Cartoon Network. In addition, Schwarz served as producer of "Wulin Warriors" for Cartoon Network and the first season of "The Incredible Crash Dummies" for 4KidsTV. Animation Collective is the largest provider of original content for KOL, America Online's kids channel and Red, its teen channel. Its first multi-platform success "Princess Natasha" for America Online can be seen as a TV series on Cartoon Network and will be released later this year as a book series from Little, Brown, a comic book series from DC Comics and as licensed consumer products.

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.

Contact Information

  • For more information contact:

    Annalise Carol
    for Animation Collective
    212-947-1099
    Email Contact

    Dan Klores Communications
    for 4Kids Entertainment
    Jeffrey Klein
    212-981-5189
    Email Contact
    Karyn Barr
    212-981-5263
    Email Contact