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| **UNITED STATES                    SECURITIES AND EXCHANGE COMMISSION****Washington, D.C. 20549****FORM 10-Q**

**|X|     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE           SECURITIES EXCHANGE ACT OF 1934**

For the quarterly period ended June 30, 2008

OR

**|   |      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE            SECURITIES EXCHANGE ACT OF 1934** |
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| For the transition period from _____________ to _____________ |
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| **Commission file number 0-7843** |
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| **4Kids Entertainment, Inc.**(Exact name of registrant as specified in its charter) |
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| **New York**(State or other jurisdiction of                    incorporation or organization) | **13-2691380**(I.R.S. Employer                    Identification No.) |
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| **1414 Avenue of the Americas                    New York, New York 10019                    (212) 758-7666****(**Address, including zip code, and telephone number, including area code,                    of registrant’s principal executive offices) |
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|       Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past                    90 days. Yes |X|    No |_|         |
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|   |       Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of   “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one): |
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| Large accelerated filer ___ | Accelerated filerX | Non-accelerated filer ___ | Smaller reporting company ___ |
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| (Do not check if a smaller reporting company)

       Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes |_|    No|X|

      As of August 8, 2008, the number of shares outstanding of the registrant’s common stock, par value $.01 per share, was 13,152,019. |
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