4Kids Entertainment this week laid off around 15% of its staff. The cuts, combined with the early termination of its broadcast partnership with the Fox television network, and $4-$5 million in planned cost cuts next year will reduce company expenses by $15-$18 million. The company’s stock has lost 80% of its value in the last year.<\/p>\n
FUNimation parent company Navarre has announced plans to entirely shut down its BCI Eclipse subsidiary that distributed DVDs of American animated series including He-Man, She-Ra, Bravestarr, and Ghosbusters, along with live action programming including the Japanese Ultraman television series.<\/p>\n
Source: ICv2 article one<\/a>, article two<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" 4Kids Entertainment this week laid off around 15% of its staff. The cuts, combined with the early termination of its broadcast partnership with the Fox television network, and $4-$5 million in planned cost cuts next year will reduce company expenses by $15-$18 million. The company’s stock has lost 80% of its value in the last […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14159","post","type-post","status-publish","format-standard","hentry","category-anime-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts\/14159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/comments?post=14159"}],"version-history":[{"count":0,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts\/14159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/media?parent=14159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/categories?post=14159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/tags?post=14159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}