What this is
The 1999 terms for the Pokémon master toy licence’s guaranteed royalty for 2000–2001: 4Kids’ share was about $30 million if paid in full, owed to Nintendo of America.
How it’s built
- Read from 4Kids Entertainment’s quarterly report for September 1999 filed with the US SEC: “the Company’s share would be approximately $30,000,000”, paid in two advances by April 2000 and April 2001.
What we assumed
Nothing. The figure is used as published.
Sanity check
The licensor then was Nintendo of America. A 2001 agreement cut 4Kids’ share to at least $7.5m over three years, roughly a sixth of the earlier annual rate.
Where it comes from
4 Kids Entertainment Inc Form 10-Q, quarter ended 30 September 1999 (Note 7, Commitments and Contingencies) SEC EDGAR · 15 November 1999 Open the original ↗
The line in the source
If all of the conditions under the Agreement are met and the full amount of the minimum guaranteed royalty is paid by Licensee, the Company's share would be approximately $30,000,000
Related figures
Built from this one