4Kids Entertainment, Inc., the global children's entertainment and merchandise licensing company, announced today that it has filed a petition in bankruptcy for relief under Chapter 11 of the U.S. Bankruptcy Code.

BioWare, a division of leading video game publisher Electronic Arts Inc. (NASDAQ: ERTS) and FUNimation Entertainment, the leading distributor of Japanese animation in North America, announced today an agreement to create an anime feature film adapted from one of the video game industry’s most revered franchises, Mass Effect.

Marvel's Head of Television Jeph Loeb announced casting for two of the company's much anticipated anime series, IRON MAN and WOLVERINE, at its WonderCon panel today in San Francisco to the delight of fans in attendance.

VIZ Media, LLC (VIZ Media), one of the entertainment industry’s most innovative and comprehensive publishing, animation and licensing companies, has announced that several of its most popular anime series will be offered to U.S. audiences by Netflix, Inc., the world’s leading Internet subscription service for enjoying movies and TV shows.

YU-GI-OH! creators TV Tokyo Corporation and Nihon Ad Systems have filed suit in New York against the anime series' U.S. distributor 4Kids Ent., writes The Hollywood Reporter.

VIZ Media, LLC (VIZ Media), one of the entertainment industry’s most innovative and comprehensive publishing, animation and licensing companies, invites fans to dive into the crime-fighting action of one of the most anticipated anime series of 2011 with the simulcast premiere of TIGER & BUNNY on Saturday, April 2nd.

Sentai Filmworks today announced its acquisition of Japan’s white-hot anime series, ANGEL BEATS.

2011 will be the year of the re-launch of the famous anime series DR. SLUMP-ARALE, Property that was already a hit in the Spanish autonomous regions where it was broadcasted in the 80s - 90s and beginning of 2000.

VIZ Media, LLC (VIZ Media), one of the entertainment industry’s most innovative and comprehensive publishing, animation and licensing companies, has announced their new DVD releases for this month. These include the first episodic volume of VAMPIRE KNIGHT GUILTY (the second season of the hit gothic melodrama VAMPIRE KNIGHT), the latest Box Set for BLEACH, and 3 new releases from the latest installment of POKÉMON, POKÉMON DP GALACTIC BATTLES.

Following the announcement yesterday that the Tokyo Anime Fair had been cancelled, now its competitor Anime Contents Expo announced its cancellation as well, reports Variety.