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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK In re: 4KIDS ENTERTAINMENT, INC., et al.,1 Debtors. TV TOKYO CORPORATION and NIHON AD SYSTEMS, INC., Plaintiffs, v. 4KIDS ENTERTAINMENT, INC., Defendant and Counterclaim-Plaintiff, v. ASATSU-DK INC., NIHON AD SYSTEMS, INC., TELEVISION TOKYO CHANNEL 12, LTD and TV TOKYO CORPORATION, Counterclaim-Defendants. ORDER APPROVING SETTLEMENT WITH TV-TOKYO CORP., NIHON AD SYSTEMS, INC. AND ASATSU-DK INC. Upon the motion (the Motion)2 of 4Kids Entertainment, Inc. (4Kids) and its debtor affiliates herein (collectively, the Debtors) for entry of an order, pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules), approving the proposed Case No. 11-02225 (SCC) Chapter 11 Case No. 11-11607 (SCC) (Jointly Administered)

The Debtors, along with the last four digits of each Debtors federal tax identification number, are: 4Kids Entertainment, Inc. (1380); 4Kids Ad Sales, Inc. (6309); 4Kids Digital Games, Inc. (7645); 4Kids Entertainment Home Video, Inc. (0094); 4Kids Entertainment Licensing, Inc. (3342); 4Kids Entertainment Music, Inc. (6311); 4Kids Productions, Inc. (3593); 4Kids Technology, Inc. (8181); 4Kids Websites, Inc. (7563); 4Sight Licensing Solutions, Inc. (8897); The Summit Media Group, Inc. (2061); and World Martial Arts Productions, Inc. (8492). All capitalized terms used but not defined herein shall have the meanings set forth in the Motion.

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settlement between 4Kids, on the one part, and TV-Tokyo Corporation (TV-Tokyo), Nihon Ad Systems, Inc. (NAS) and Asatsu-DK Inc. (ADK and, together with TV-Tokyo and NAS, Plaintiffs), on the terms set forth in the Settlement Agreement attached hereto as Exhibit A; and the Court having found that it has jurisdiction over this matter pursuant to 28 U.S.C. 1334; and the Court having found that the Motion is a core proceeding pursuant to 28 U.S.C. 157(b)(2)(A), (B), (C), (E), (F), (H) and (O); and the Court having found that venue of this proceeding and the Motion in this District is proper pursuant to 28 U.S.C. 1408 and 1409; and the Court having found that the relief requested in the Motion is in the best interests of the Debtors estates, their creditors and other parties in interest; and notice of the Motion appearing adequate and appropriate under the circumstances; and the Court having found that no other or further notice need be provided; and the Court having determined that there is sufficient cause to grant relief under Bankruptcy Rule 9019 and that such relief is in the best interests of the Debtors, their estates and their creditors; and any objections to the relief requested herein having been withdrawn or overruled on the merits; and after due deliberation and sufficient cause appearing, it is hereby ORDERED, ADJUDGED, AND DECREED THAT: 1. 2. 3. The Motion is granted to the extent provided herein. Pursuant to Bankruptcy Rule 9019, the Settlement Agreement is approved. The Debtors and the Plaintiffs are authorized to execute, deliver,

implement and fully perform any and all obligations, instruments, documents and papers and to take any and all actions reasonably necessary or appropriate to consummate the Settlement Agreement and perform any and all obligations contemplated therein.

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4. upon its entry. 5.

The terms of this Order shall be effective immediately and enforceable

This Court retains jurisdiction with respect to all matters arising from or

related to the implementation of this Order.

Dated: March 9, 2012 New York, New York

/s/ Shelley C. Chapman HONORABLE SHELLEY C. CHAPMAN UNITED STATES BANKRUPTCY JUDGE