Rut-Roh
Published Nov 26 2001
Scooby-Dooby-Doo, where are you? That's what Random House and Classic Media, the buyers of bankrupt Golden Books Family Entertainment, must be asking right now.
A bankruptcy court recently ruled that as part of the sale, Golden Books may assign its license for children's character Madeline to the buyers. But the whereabouts of the Mystery Machine will remain a mystery, because the judge blocked Golden Books from assigning licenses for Scooby-Doo, cartoon characters from the television show Power Puff Girls and two sets of Cartoon Network characters.
The companies that licensed the characters to Golden Books didn't want the licenses assigned to Random House and Classic Media. Spurned buyer DIC Entertainment is the licensor for Madeline, and Warner Bros. Consumer Products, a division of AOL Time Warner, licenses the other characters.
-- Dow Jones
''We're going to get a lot closer to deflation than people think.''
-- Stephen Roach, economist with Morgan StanleyH © Copyright 2001 Star Tribune. All rights reserved. |