Old media types need to go new media pt 1: 4kids

"4Kids Entertainment's results finished the 2006 financial year with a net income of $71.8 million, a figure that is appreciably less than the 80.6 million of 2005. The company registered a net loss of a million dollars, against the net profit of 5.1 million of the previous year. According to Alfred R. Kahn, CEO of the company, the "disappointing" results were due to "the decreased licensing revenue from Teenage Mutant Ninja Turtles and Yu-Gi-Oh!, as well as a decline in ad sales from 4Kids TV"." Kidscreen