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4Kids Entertainment to provide programming for CW Network

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Media company 4Kids Entertainment, Inc. (NYSE: KDE) reported this morning that it will provide programming for The CW Network’s Saturday morning kids block for five years beginning with the 2008-2009 broadcast season.

4Kids will supply five hours of children's programming per week to The CW Network block, which will be broadcast Saturday mornings between 7 a.m. and 12 p.m. 4Kids said it will also sell national commercial advertising for the Network's kids block.

Shares of 4Kids Entertainment (KDE) were halted ahead of the opening.