4Kids Entertainment Announces Approval of All Company Proposals at Annual Meeting of Shareholders
22 Maggio 2009 - 6:30PM
Business Wire
4Kids Entertainment, Inc. (NYSE: KDE), a global provider
of children�s entertainment and merchandise licensing, today
announced shareholders approved all corporate proposals at the
Company�s Annual Meeting of Shareholders held in New York, on
Friday, May 22, 2009.
Shareholders approved the election of six directors to serve
until the next Annual Meeting and until their successors are duly
elected and qualified.
Shareholders also approved the proposal to implement majority
voting in uncontested director elections and ratified the
appointment of Eisner LLP as auditors for 4Kids Entertainment for
the fiscal year ending December 31, 2009.
About 4Kids Entertainment
With U.S. headquarters in New York City, regional offices for
its trading card business in San Diego, California and
international offices in London, 4Kids Entertainment, Inc. (NYSE:
KDE) is a global organization devoted to the creation, development,
production, broadcasting, distribution, licensing and manufacturing
of children�s entertainment products.
Through its wholly owned subsidiaries, 4Kids produces animated
television series and films, distributes 4Kids� produced or
licensed animated television series for the domestic and
international television and home video markets, licenses
merchandising rights worldwide to 4Kids� owned or represented
properties, and operates Web sites to support 4Kids� owned or
represented properties. Through its majority owned trading card
company and website company, 4Kids produces and markets collectible
trading card games. Additionally, the Company programs and sells
the national advertising time in a four-hour �4KidsTV� block which
airs on nearly 200 affiliated FOX television stations Saturday
mornings. Beginning in September 2008, the Company will also
program and sell the national advertising time in the five-hour
Saturday morning block on The CW Television Network.
Additional information is available on the
www.4kidsentertainment.com corporate web site and at the
www.4kids.tv game station site.
The information contained in this press release, other than
historical information, consists of forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. 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.
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