Businessweek

4Licensing Corporation announced that it has launched a licensing program for this new animated action comedy series. Rocket Monkeys is currently being broadcast on Nickelodeon networks on a global basis and on Teletoon in Canada. Through an agreement with Breakthrough Entertainment, 4Licensing Corporation (4LC) is managing the marketing, promotion and licensing initiatives of this delightfully quirky animated children's series. Rocket Monkeys launched on Nickelodeon earlier this month and introduces the universe to brothers Gus and Wally, two hapless "Monkeynauts" who cause more intergalactic calamity than they could ever prevent as they pursue important missions. The show is created by Dan Abdo and Jason Patterson, and developed by Alex Galatis and Mark Evestaff (who also serves as the show's producer). Executive Producers include Ira Levy, Joan Lambur and Peter Williamson. Partial funding for Rocket Monkeys is provided by the Shaw Rocket Fund.

4Licensing Corporation announced the launch of 4LC Sports & Entertainment Inc., a wholly-owned subsidiary of 4Licensing Corporation (4LC) specializing in the end-to-end development of licensed products and programs for the sports and entertainment industries. Initially, the focus of 4LC Sports & Entertainment will be on the development of licensed apparel, merchandise and collectibles; partnering with brands to develop private label merchandise and accessories; and creating, developing and producing branded entertainment vehicles that provide product placement opportunities and promotional platforms to drive incremental sales. Mark Panko has been selected by the Board of Directors of 4Licensing Corporation to lead this new subsidiary as President. Mr. Panko brings close to 20 years of experience as an industry insider and he is recognized for his inherent ability to generate and develop new revenue, even under the toughest of circumstances. Panko's diverse background includes various consulting and leadership roles on both the agency and team sides of the business. He co-founded and served as Principal of The Sports Group, which became widely known for its work with the Heisman Trophy, and the establishment of the marketing and licensing rights holding entity, Heisman Winners Association. Prior to that, as Director of Strategic Sales for the NBA's Dallas Mavericks, Panko established league-wide sales marks.

4Licensing Corporation and the American Kennel Club(R) ('AKC') are announced the signing of a multi-year worldwide representation agreement. The agreement will allow 4Licensing Corporation ('4LC') to serve as the AKC exclusive worldwide licensing agent for the AKC name and its extensive collection of trademarks and logos in various categories.

4 Kids Entertainment Inc. has announced that it has formed a new joint venture Pinwrest Development Group, LLC to develop products utilizing a new patented technology for impact protection. The joint venture will develop and commercialize impact protection products featuring the isoBLOX(TM) Patent, which is a patented technology formulated to utilize a combination of energy dispersion and absorption to diffuse impact. The venture will be jointly owned by 4Licensing Corporation and other individuals, with 4LC owning a 70% interest in Pinwrest. Beginning with the first quarter of 2013 reporting, 4LC will consolidate Pinwrest into its financial statements.

4 Kids Entertainment Inc. announced that on October 31, 2011, Samuel R. Newborn resigned from his position as Executive Vice President and General Counsel of the company and as a member of the company's Board of Directors.