UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  June 5, 2012

Commission file number 0-7843

4Kids Entertainment, Inc.

(Exact name of Registrant as specified in its charter)

New York (State or other jurisdiction of incorporation or organization) 13-2691380 (I.R.S. Employer Identification No.)

53 West 23rd Street

New York, New York 10010

(212) 758-7666

(Address, including zip code, and telephone number, including area code,

of Registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01                      Other Events

On June 7, 2012, the Company issued a press release describing the status of the Company’s auction relating to the proposed sale of substantially all of its assets in a transaction under Section 363 of the Bankruptcy Code.  A copy of the press release is attached hereto.

Item 9.01                      Financial Statements, Pro Forma Financial Information and Exhibits.

 (d) Exhibits

Exhibit	Description
99.1	Press release issued by 4Kids Entertainment, Inc. dated June 7, 2012

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 7, 2012

4KIDS ENTERTAINMENT, INC.

BY:   /s/ Bruce R. Foster

Bruce R. Foster

Executive Vice President and

Chief Financial Officer

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